USDJPY Daily Analysis – October 2, 2014
USDJPY is facing 108.24 support, a breakdown below this level will signal completion of the uptrend from 101.50, then deeper decline to 107.00 area could be seen.
Currencies
AUDUSD Daily Analysis – October 2, 2014
AUDUSD broke above the resistance of the downward trend line on 4-hour chart, indicating that the downtrend from 0.9401 had completed
EURUSD Daily Analysis – October 2, 2014
EURUSD is facing the resistance of the upper line of the price channel on 4-hour chart, a clear break above the channel resistance
GBPUSD Daily Analysis – October 1, 2014
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.6524.
EURUSD Daily Analysis – October 1, 2014
EURUSD stays in the downward price channel on 4-hour chart, and remains in downtrend from 1.2994, the rise from 1.2570 is likely consolidation of the downtrend.
AUDUSD Forecast October 1, 2014, Technical Analysis
The AUDUSD pair initially fell during the course of the day on Tuesday, but found enough support below to turn things back around and form a hammer.
GBPUSD Daily Analysis – September 30, 2014
GBPUSD remains in downtrend from 1.6524, as long as 1.6340 resistance holds, the downtrend could
EURUSD Daily Analysis – September 30, 2014
EURUSD remains in downtrend from 1.3411, as long as 1.2765 resistance holds, the downtrend could be expected to continue, and next target would be at 1.2500 area.
AUD/USD Forecast September 30, 2014, Technical Analysis
The AUDUSD pair rose during the course of the day on Monday, as we bounced a bit off of the 0.87 handle. However, the 0.88 level above should be resistive, so we look at this is a potential selling opportunity.
GBPUSD Daily Analysis – September 29, 2014
GBPUSD’s downward movement from 1.6524 extended to as low as 1.6214.