Technical Analysis

AUDUSD – Buying With A Break Preferred

The Australian dollar was seen consolidating against the US dollar. The AUDUSD pair recently traded below the 0.9300 support level,…

12 years ago

NZDUSD Likely to Form a Short Term Bottom (extract from Weekly Market Forecast 24th of August 2014)

The New Zealand dollar is trading lower against the US dollar from the last couple of weeks. However, the NZDUSD…

12 years ago

USDJPY Might Correct Lower In short Term

The US dollar jumped sharply against most major currencies, including the Japanese yen. The FOMC meeting minutes acted as a…

12 years ago

USDCAD has a lot of upside potential

The Canadian dollar was seen trading higher against the US dollar. However, it looks like the USDCAD pair has managed…

12 years ago

AUDUSD nudging a big area of resistance, selling preferred (extract from Weekly Market Forecast 17th of August 2014)

The Australian dollar traded a touch higher against the US dollar during this past week, but still trading below an…

12 years ago

GBPAUD sellers to return after short-term correction

The British pound was seen trading lower yesterday, as the BOE quarterly inflation report highlighted a few concerns of the…

12 years ago

EURCHF likely to break higher in the short term

The Euro was seen trading lower not only against the US dollar, but also against the Swiss franc. However, the…

12 years ago

GBPUSD – More downside to follow after short correction (extract from Weekly Market Forecast 10th of August 2014)

The British pound was one of the biggest losers during this past week, as it traded lower against the US…

12 years ago

AUDCAD sellers to return after short-term correction

The Australian dollar is trading lower against most major currencies, as the recent economic data came as a disappointment. The…

12 years ago

AUDUSD to revisit 0.9200 level in the short term

The Australian dollar crashed earlier during the Asian session, as the Australian jobs report highlighted weakness in the labor market.…

12 years ago