- Wednesday, 24 December 2014
- Daily Technical Analysis
EUR/USD Daily Forecast - 26 December
After it initially went up euro found area around 1.2220 level to be too resistive at the moment, in order to pullback and finish the session around 1.22 handle. We cannot expect any larger movements tomorrow as it is Boxing Day and European banks will be closed in observance of it.
Read more...- Wednesday, 24 December 2014
- Daily Technical Analysis
GBP/USD Daily Forecast - 26 December
Sterling went back and forth during the yesterday's session but remained above 1.55 handle which offered support with a daily closing around 1.5560 area. Tomorrow's session should be a steadier one since it is Boxing Day, UK banks will be closed and there will be no data releases. Pair is likely to find support around 1.5530 level, and resistance near 1.56 handle so these would be our short-term buying and selling points.
Read more...- Wednesday, 24 December 2014
- Daily Technical Analysis
AUD/USD Daily Forecast - 26 December
Aussie spent a steadier session yesterday being traded within 30 points finishing the day few points above 0.81 handle. There were no data releases from Australia, and liquidity at the markets dried off with holiday season beginning . We can expect similar scenario tomorrow, since it is holiday season, some of the world's banks will be closed and traders less active.
Read more...- Tuesday, 23 December 2014
- Daily Technical Analysis
EUR/USD Daily Forecast - 24 December
Euro fell below 1.23 handle in the course of the session yesterday after US GDP data showed much better than forecasted figures. Euro in the end finish the day around 1.2180 level. We cannot expect any large movements tomorrow, as it is Christmas Eve, and some of the European banks will be closed in observance of it.
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