AUDUSD Weekly Analysis – November 22, 2015
AUDUSD stays in the trading range between 0.6907 and 0.7439. Resistance is at 0.7439,
Note Equity
EURUSD Weekly Analysis – November 22, 2015
EURUSD is facing 1.0462 (Mar 13 low) support, a breakdown below this level will indicate that the long term downtrend
EURUSD Forecast November 20, 2015, Technical Analysis
The EUR/USD pair went back and forth during the course of the day on Thursday, forming a fairly neutral candle.
AUDUSD Forecast November 20, 2015, Technical Analysis
The AUDUSD pair rose slightly during the course of the day on Thursday, as we continue to see buying pressure underneath.
AUDUSD Descending Channel Nov 18, 2015
AUDUSD has been trending lower on its 1-hour forex chart, moving inside a descending channel connecting the highs and lows of price action since last month. Price is currently testing the resistance at the .7100 major psychological level and might be due for a move back to the bottom.
EURUSD Forecast November 17, 2015, Technical Analysis
The EURUSD pair initially gapped lower at the open on Monday, mainly as a knee-jerk reaction to the Parisian terror attacks in our opinion.
AUDUSD Forecast November 17, 2015, Technical Analysis
The AUDUSD pair fell a bit during the course of the session on Monday, as we continue to see weakness in the Australian dollar overall.
EURUSD Forecast November 12, 2015, Technical Analysis
The EURUSD pair fell slightly during the course of the session on Wednesday, but remains within the hammer that had formed on Tuesday.
AUDUSD Forecast November 12, 2015, Technical Analysis
The AUDUSD pair fell slightly during the course of the session on Wednesday, as we continue to consolidate just above the 0.70 level.
EURUSD Forecast November 11, 2015, Technical Analysis
The EURUSD pair fell during the course of the session on Tuesday, as we continue to grind our way down in this market. In fact, we got below the 1.07 handle, and as a result we are clear to go down to the 1.06 handle.