AUDUSD Forecast July 7, 2014, Technical Analysis
The AUDUSD pair rose slightly during the session on Friday, testing the 0.9350 level for support.
Currencies
EURUSD Daily Analysis – July 7, 2014
EURUSD’s downward movement from 1.3700 extended to as low as 1.3580.
Market Update – July 3
We wanted to provide a quick market update to our readers and subscribers this morning prior to the opening bell.
GBPUSD Forecast July 2, 2014, Technical Analysis
The GBPUSD pair continued its bullish move on Tuesday, breaking above the 1.7150 level. The action from the Tuesday session suggests that the market is in fact going to continue going higher, as we try to get to the 1.75 level.
EURUSD Forecast July 2, 2014, Technical Analysis
The EURUSD pair fell during the session on Tuesday, as the 1.37 level did in fact offer resistance.
AUDUSD Channel Bounce? (July 2, 2014)
The rising channel on AUDUSD’s 1-hour forex chart is still holding and it appears the pair found resistance at the .9500 major psychological level, which lines up with the top of the channel.
Quantitative Weekly FX Forecast – 30th June, 2014
Each week and calendar month, quantitative analysis is used to determine certain probable price movements which can be forecasted.
Aussie dollar moves cautiously higher following RBA statement
Like the GBP/USD, the Aussie dollar is another currency pair which is now starting to break out from a recent phase of price congestion, but for the AUD/USD, this period of sideways price action has been in place for considerably longer than Cable, with the pair having been range-bound between 0.9150 to the downside and 0.9370 to the upside for some time.
EURUSD Daily Analysis – June 30, 2014
EURUSD is facing 1.3651 resistance, a break above this level will signal resumption of the short term uptrend from 1.3512, then further rise to test 1.3676 key resistance could be seen.
GBPUSD Daily Analysis – June 30, 2014
GBPUSD is testing 1.7062 resistance, a break of this level will indicate that the uptrend from 1.6692 has resumed, then next target would be at 1.7200 area.