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  1. EURUSD continues its sideways movement

    by , 12-30-2012 at 09:56 PM (Free Forex Market Analysis)
    EURUSD continues its sideways movement in a range between 1.3157 and 1.3308. Key support remains at the lower line of the price channel on 4-hour chart, as long as the channel support holds, the price action in the range could be treated as consolidation of the uptrend from 1.2661, and another rise towards 1.3500 could be expected after consolidation. However, a clear break below the channel support will indicate that the uptrend has completed at 1.3308 already, then the following downward movement could bring price back to 1.2700-1.2800 area.



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  2. GBP/USD Outlook Dec 31 2012 – Jan 4 2013

    by , 12-30-2012 at 03:12 PM
    [COLOR=#444444][FONT=Arial][B][URL="http://www.forexcrunch.com/category/forex-weekly-outlook/gbp-usd-outlook/"]GBP/USD[/URL] showed some movement, but for the second straight week, the pair was unchanged at the close of the week, ending the trading week at 1.6152. Manufacturing, Services and Construction PMIs are the highlight of the week. Here is an outlook of the events and an updated technical analysis for GBP/USD.[/B][/FONT][/COLOR]
    [COLOR=#444444][FONT=Arial]The only UK release last week was within expectations, and US key data was mixed. There was no breakthrough in the fiscal cliff negotiations, and GBP/USD was unable to sustain a breakout in either direction.[/FONT][/COLOR]
    [COLOR=#444444][FONT=Arial]GBP/USD graph with support ...
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  3. AUD/USD Forecast Dec 31 2012 – Jan 4 2013

    by , 12-30-2012 at 03:11 PM
    [COLOR=#444444][FONT=Arial][B]AUD/USD was rangebound last week in thin trading, and closed at 1.0368. There are five releases in the upcoming week. Here is an updated technical analysis for AUD/USD.[/B][/FONT][/COLOR]
    [COLOR=#444444][FONT=Arial]There were no economic releases out of Australia last week, and US releases were mixed. The markets kept a close eye on the fiscal cliff in the US, but there was no progress to report, and AUD/USD had a very quiet week.[/FONT][/COLOR]
    [COLOR=#444444][FONT=Arial]AUD/USD graph with support and resistance lines on it. Click to enlarge: [URL="http://www.forexcrunch.com/wp-content/uploads/2012/12/GBP-USD-Forecast-Dec-31-Jan-4.png"][IMG]http://www.forexcrunch.com/wp-content/uploads/2012/12/GBP-USD-Forecast-Dec-31-Jan-4-400x225.png[/IMG][/URL][/FONT][/COLOR] ...
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  4. Weekly Outlook (2012 Dec 31 to 2013 Jan 4)

    by , 12-30-2012 at 12:28 PM (DaytradingBias.com Forex Commentaries)
    [url="http://www.daytradingbias.com/?page_id=1093"]Weekly Outlook[/url] on the majors for the week is ready.

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    Tags: usd/jpy
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