AUDCAD Retracement Play – Feb 5, 2015
AUDCAD recently broke below a key support zone at the .9800 major psychological level and appears to be pulling up for a retest.
Currencies
Why Are Markets Out Of Synch?
For speculative traders, the last few weeks have offered wonderful trading opportunities across all markets, and provided you have no directional bias, the opportunities are there in abundance.
EURUSD Daily Analysis – January 20, 2015
EURUSD remains in downtrend from 1.2569, the rise from 1.1459 is likely consolidation of the downtrend.
AUDUSD Forecast January 20, 2015, Technical Analysis
The AUDUSD pair fell slightly during the session on Monday, but as you can see really didn’t go anywhere.
GBPUSD Daily Analysis – January 15, 2015
GBPUSD remains in downtrend from 1.5785, the rise from 1.5034 is likely consolidation of the downtrend.
EURUSD Daily Analysis – January 15, 2015
EURUSD’s downward movement from 1.2569 extended to as low as 1.1744.
AUDUSD Forecast January 15, 2015, Technical Analysis
The AUDUSD pair rose during the course of the session on Wednesday, but gave back a little bit of the gains as you can see.
GBPUSD Major Correction – Jan 12
GBPUSD is showing signs of a pullback, as price previously found support near the 1.5000 major psychological level. Using the Fibonacci retracement tool on the latest swing high and low on the 4-hour time frame indicates that the 61.8% Fibonacci level lines up with a former support zone.
EURUSD Daily Analysis – December 30, 2014
EURUSD’s downward movement from 1.2569 extended to as low as 1.2132.
AUDUSD Forecast December 30, 2014, Technical Analysis
The AUDUSD pair as you can see broke higher during the session on Monday, but turned back around to form a shooting star.