AUDUSD Daily Analysis – December 17, 2013
AUDUSD stays in a downward price channel on 4-hour chart, and remains in downtrend from 0.9756 (Oct 23 high), and the fall extended to as low as 0.8909. Resistance is located as the upper line of the...
Category: Short Term Forex Analysis
GBPUSD Daily Analysis – December 17, 2013
GBPUSD broke below 1.6293 support, indicating that the upward movement form 1.5854 had completed at 1.6465 already, deeper decline could be expected over the next several days, and the target would be at 1.6000 area. Resistance levels...
EURUSD Daily Analysis – December 17, 2013
EURUSD remains in uptrend from 1.3296, then fall from 1.3810 could be treated as consolidation of the uptrend. Deeper decline could be expected, and the target would be at the lower line of the price channel on...