USDJPY Forecast December 2, 2014, Technical Analysis
The USDJPY pair fell during the session on Monday, but as you can see found enough support near the 180 level to turn things back around and form a little bit of a hammer.
Currencies
GBPUSD Daily Analysis – December 2, 2014
After touching 1.5590 support, GBPUSD bounced back into the trading range between 1.5590 and 1.5825,
AUDUSD Forecast December 2, 2014, Technical Analysis
The AUDUSD pair gapped lower at the open on Monday, but as you can see bounced in order to fill that very same gap.
GBPUSD Daily Analysis – December 1, 2014
GBPUSD broke below 1.5590 support, indicating that the downtrend from 1.6182 has resumed.
EURUSD Daily Analysis – December 1, 2014
EURUSD moved sideways in a trading range between 1.2358 and 1.2599.
AUDUSD Daily Analysis – December 1, 2014
AUDUSD’s downward movement from 0.8795 extended to as low as 0.8416.
Aussie Dollar Under Fire From All Sides!
As we come to the end of another trading week, for the Australian dollar it has been another characterized by negative sentiment with the AUD/USD likely to close with a wide spread down candle, with the bearish tone picking up momentum once again. The move lower for the pair is of no great surprise given the clear and unequivocal messages that have been emanating recently from the RBA, during the
USDJPY Triangle Breakout – Nov 28, 2014
USDJPY showed more momentum as it broke above the descending triangle resistance in today’s Asian trading session.
EURUSD Daily Analysis – November 26, 2014
EURUSD failed to break below 1.3258 support and stayed in the trading range between 1.2358 and 1.2599.
AUDUSD Forecast November 26, 2014, Technical Analysis
The AUDUSD pair has broken down below the recent low, and looks as if it’s ready to head down to the 0.85 handle.