AUD/USD Forecast December 27, 2013, Technical Analysis
The AUD/USD pair fell during the bulk of the session on Thursday, but as you can see got a little bit of a bounce just below the 0.89 handle. This market of course has been very bearish...
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USDCAD Daily Analysis – December 27, 2013
USDCAD rebounded from the lower line of the price channel on 4-hour chart, suggesting hat the pair remains in uptrend from 1.0182 (Sept 19 low), and the price action from 1.0707 could be treated as consolidation of...
USDCHF Daily Analysis – December 27, 2013
USDCHF remains in uptrend from 0.8832, the fall from 0.9000 is likely consolidation of the uptrend. Initial support is at 0.8890, as long as this level holds, the uptrend could be expected to resume, and one more...
USDJPY Daily Analysis – December 27, 2013
USDJPY continues its upward movement from 96.94 (Oct 25 low), and the rise extended to as high as 105.02. Key support is at the upward trend line on 4-hour chart, as long as the trend line support...
AUDUSD Daily Analysis – December 27, 2013
AUDUSD failed to break above the upper line of the price channel on 4-hour chart, suggesting that the pair remains in downtrend from 0.9756 (Oct 23 high), and the rise from 0.8820 could be treated as consolidation...
GBPUSD Daily Analysis – December 27, 2013
GBPUSD continues its sideways movement in a range between 1.6219 and 1.6481. Key support is at 1.6219, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend...
EURUSD Daily Analysis – December 27, 2013
EURUSD remains in downtrend from 1.3810, the rise from 1.3625 is likely consolidation of the downtrend. Initial resistance is at 1.3740, as long as this level holds, the downtrend could be expected to resume, and one more...
USD/JPY Forecast December 26, 2013, Technical Analysis
The USD/JPY pair had a positive session on Tuesday, and most brokers of course were closed on Christmas. However, the market does look like it’s ready to continue higher, or at the very least go sideways. We...
USD/CAD Forecast December 26, 20.3, Technical Analysis
The USD/CAD pair had a slightly positive session on Tuesday, proving the 1.06 level to be supportive. However, the markets were closed on Wednesday, so we can only look at the longer-term picture. Right now, it appears...
GBP/USD Forecast December 26, 2013, Technical Analysis
The GBP/USD pair had a positive session on Tuesday, and as most brokers were closed on Wednesday, we can only look at the recent action and assume that the choppiness should continue. Because of this, we feel...