GBPUSD Daily Analysis – September 2, 2014
After touching the downward trend line on 4-hour chart, GBPUSD dropped down from 1.6643, indicating that the pair remains in downtrend from 1.7190.
ETF
EUR/USD Forecast September 2, 2014, Technical Analysis
During a particularly line session on Monday, the EURUSD pair went nowhere.
AUDUSD Forecast September 2, 2014, Technical Analysis
The AUDUSD pair tried to rally during the day on Monday, but found enough resistance to turn things back around and form a shooting star.
Euro Unsteady Ahead Of Inflation Data
The euro dipped below $1.32 on Friday morning as investors kept a keen eye on the developing situation in Ukraine. The common currency traded at $1.3182 at 6:15 GMT after U.S. economic data helped the dollar rally.
Brent Steady, Supply Still Weighs On Prices
Brent crude (BNO, quote) oil traded steadily at $102.10 at 8:10 GMT as the global supply glut weighed on prices.
GBPUSD Daily Analysis – August 28, 2014
GBPUSD remains in downtrend from 1.7190 (Jul 15 high), the bounce from 1.6536 is likely consolidation of the downtrend.
EURUSD Daily Analysis – August 28, 2014
EURUSD broke above the downward trend line on 4-hour chart, indicating that consolidation of the downtrend from 1.3700 (Jul 1 high) is underway.
AUDUSD Forecast August 28, 2014, Technical Analysis
The AUDUSD pair rose during the course of the day on Wednesday, but still remains just underneath the 0.9350 level.
Brent Remains Below $103 Despite Tightening Supplies
Brent crude oil (BNO, quote) was steady on Wednesday morning after briefly rising overnight, but waning demand in both China (FXI, quote) and Europe (FEZ, quote) coupled with declining U.S. crude imports kept a lid on gains.
GBPUSD Daily Analysis – August 27, 2014
GBPUSD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.7190, the rise from 1.6536 is likely consolidation of the downtrend.