AUD/USD Forecast August 3, 2015, Technical Analysis
The AUD/USD pair went back and forth during the course of the session on Friday, at one point in time breaking down to a fresh, new low. With that, if we break down below the bottom of...
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USDCAD Weekly Analysis – August 2, 2015
USDCAD remains in uptrend from 1.1919. Further rise could be expected after a minor consolidation, and next target would be at 1.4000 area. Support is now at 1.2850, as long as this level holds, the uptrend will...
USDJPY Weekly Analysis – August 2, 2015
USDJPY remains in uptrend from 115.56, the fall from 125.85 is likely consolidation of the uptrend. Support is located at the bottom of the price channel on daily chart. As long as the channel support holds, the...
AUDUSD Weekly Analysis – August 2, 2015
AUDUSD continued its downward movement from 0.8162, and the fall extended to as low as 0.7233. Further decline could be expected and next target would be at 0.6800 area. Resistance is at 0.7400, as long as this...
GBPUSD Weekly Analysis – August 2, 2015
GBPUSD remains in uptrend from 1.4565, the price action from 1.5814 is likely consolidation of the uptrend. Support is at 1.5170, as long as this level holds, the uptrend could be expected to resume, and next target...
EURUSD Weekly Analysis – August 2, 2015
EURUSD moved sideways in a trading range between 1.0808 and 1.1467. As long as 1.0808 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.0462, another rise towards 1.2500...
AUDUSD Downtrend Reversal (July 31, 2015)
AUDUSD is forming a double bottom pattern on its 1-hour chart, signaling a potential reversal from the selloff. Price has failed in its last two attempts to break below the .7250 minor psychological support level and is...
USD/JPY Forecast July 31, 2015, Technical Analysis
The USD/JPY pair initially tried to rally during the course of the day on Thursday, but as you can see struggled and turned back around to form a shooting star. With that being the case, looks like...