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.
ETF
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.
AUDUSD Daily Analysis – June 30, 2014
AUDUSD is testing 0.9444 resistance, a break above this level will indicate that the uptrend from 0.9208 has resumed, then next target would be at 0.9500 area.
EURUSD Forecast June 27, 2014, Technical Analysis
The EURUSD pair fell during the session on Thursday, but you can see found enough support to bounce and form a hammer.
Brent Steady As Iraqi Exports Look Unaffected
Brent crude oil (BNO, quote) was steady just below $114 as worries about a supply interruption in Iraq faded. The commodity traded at $113.78 at 8:50 GMT as investors evaluated whether or not the Middle Eastern nation’s ongoing conflict would escalate further and tighten global supplies.
AUDUSD Forecast June 26, 2014, Technical Analysis
The AUDUSD pair bounce from the lows during the session on Wednesday, showing that we still have plenty of support below and that the pressure should continue to break out and above the 0.95 handle.
EURUSD Forecast June 26, 2014, Technical Analysis
The EURUSD pair broke higher during the session on Wednesday, but could not break out to the upside.
USDJPY Symmetrical Triangle Breakout – June 26, 2014
USDJPY has been consolidating inside a symmetrical triangle for almost an entire month, as traders are torn in picking a clear direction for this pair.
Apple supplier to make bigger iPhones July in China
Apple Inc’s suppliers will begin producing larger versions of the iPhone in China (FXI, quote) next month, Bloomberg reported citing sources.
GBPUSD Forecast June 24, 2014, Technical Analysis
The GBPUSD pair went back and forth during the session on Monday, proving the 1.70 level to be supportive enough to keep the market somewhat afloat.