AUDUSD Daily Analysis – November 17, 2014
AUDUSD continued its upward movement from 0.8540, and the rise extended to as high as 0.8784.
AUDUSD continued its upward movement from 0.8540, and the rise extended to as high as 0.8784.
AUDUSD moved sideways in a trading range between 0.8540 and 0.8910.
GBPUSD stays below the downward trend line on daily chart, and remains in downtrend from 1.7190, and the fall extended to as low as 1.5592.
EURUSD remains in downtrend from 1.3993, the rise from 1.2357 is likely consolidation of the downtrend.
EURUSD is testing the resistance of the downward price channel on 4-hour chart.
AUDUSD remains in uptrend from 0.8540, the fall from 0.8764 would possibly be consolidation of the uptrend.
EURUSD stays in the downward price channel on 4-hour chart, and remains in downtrend from 1.2867.
AUDUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 0.8540, and the rise extended to as high as 0.8744.
EURUSD is facing the resistance of the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the rise from 1.2358 could be
The AUDUSD pair broke higher during the course of the session on Tuesday, but as you can see we are heading towards the 0.88 level, an area that has been of