GBPUSD Daily Analysis – October 27, 2014
GBPUSD continued its sideways movement in a range between 1.5874 and 1.6226.
Currencies
EURUSD Daily Analysis – October 27, 2014
EURUSD is now in downtrend from 1.2867, the rise from 1.2613 is likely consolidation of the downtrend.
AUDUSD Daily Analysis – October 27, 2014
AUDUSD continued its sideways movement in a range between 0.8642 and 0.8898.
GBPUSD Daily Analysis – October 24, 2014
GBPUSD moved sideways in a range between 1.5874 and 1.6226. As long as 1.6226 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.6524, and another fall to 1.5600 area could be expected after consolidation.
EURUSD Forecast October 24, 2014, Technical Analysis
EURUSD fell initially during the session here on Thursday, but ended up forming enough positive momentum towards the end of the day to form a little bit of a hammer.
AUDUSD Forecast October 24, 2014, Technical Analysis
The AUDUSD pair tried to rally during the course of the day on Thursday, but found the 0.88 level be far too resistive and therefore turned back around and form a shooting star.
GBPUSD Daily Analysis – October 23, 2014
GBPUSD failed to break above 1.6226 resistance, and stayed in the trading range between 1.5874 and 1.6226.
AUDUSD Forecast October 23, 2014, Technical Analysis
The AUDUSD pair tried to break out above the 0.88 level yet again, but on Wednesday found the sellers more than willing and up to the task of keeping the markets down.
EURUSD Daily Analysis – October 21, 2014
EURUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.2500.
AUDUSD Forecast October 21, 2014, Technical Analysis
The AUDUSD pair did almost nothing during the session on Monday, testing the 0.88 level above for resistance.