USDCHF Daily Analysis – March 26, 2014
USDCHF’s upward movement from 0.8699 extended to as high as 0.8878. Key support is now at 0.8787, as long as this level holds, the uptrend could be expected to continue, and next target would be at 0.8950...
Month: March 2014
USDJPY Daily Analysis – March 26, 2014
USDJPY continued its sideways movement in a narrow range between 102.01 and 102.68. Support is at 102.01, a breakdown below this level will indicate that the upward movement from 101.20 had completed at 102.68 already, then the...
AUDUSD Daily Analysis – March 26, 2014
AUDUSD’s upward movement from 0.8995 extended to as high as 0.9174. Further rise could be expected after a minor consolidation and next target would be at 0.9250 area. Support is at 0.9100, only break below this level...
GBPUSD Daily Analysis – March 26, 2014
GBPUSD stays in a downward price channel on 4-hour chart, and remains in downtrend from 1.6785, the rise from 1.6465 could be treated as consolidation of the downtrend. As long as the channel resistance holds, the downtrend...
EURUSD Daily Analysis – March 26, 2014
EURUSD is bottoming at 1.3749, a break above 1.3875 resistance will confirm that the downward movement from 1.3966 is complete, then the following upward move could bring price to 1.4500 area. Support is at 1.3749, only break...
NZD/USD Uptrend To Resume? (March 25, 2014)
NZD/USD is still in an uptrend, with the rising trend line on the 1-hour time frame very much intact. Positive carry, thanks to the recent RBNZ interest rate hike, is keeping the pair afloat in the near...
USD/JPY Forecast March 25, 2014, Technical Analysis
The USD/JPY pair tried to rally during the session on Monday, but as you can see found way too much in the form of resistance at the 102.50 level. Because of this, the market pullback informed a...
USD/CAD Forecast March 25, 2014, Technical Analysis
The USD/CAD pair fell during the bulk of the session on Monday, but as you can see is still elevated from where we had been trading. With that in mind, we feel that supportive candles will be...
GBP/USD Forecast March 25, 2014, Technical Analysis
The GBP/USD pair went back and forth during the session on Monday, essentially hugging the 1.65 handle. That being the case, the market appears like it’s trying to find some type of base around here, which is...
EUR/USD Forecast March 25, 2014, Technical Analysis
The EUR/USD pair bounce during the session on Monday, breaking above the 1.38 level by the end of the day, but giving back quite a bit of the gains nonetheless. Because of this, we feel that this...