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Monday, 22 December 2014
Daily Technical Analysis

AUD/USD Daily Forecast - 23 December

Aussie tried to break higher yesterday morning supported by an uptrend in gold prices, but met resistance around 0.8170 level in order to pullback and finish the session few points below 0.8140 area. We can expect another steadier morning part of the session tomorrow, as there will be no data releases from Australia and with main market mover being US figures. Read more...

Friday, 19 December 2014
Daily Technical Analysis

EUR/USD Daily Forecast - 22 December

Friday brought further decline to euro, despite incline in German consumer confidence, with euro finishing the session around 1.2230 level, falling after it was unable to break below 1.23 handle. On Monday, there will be no major data releases, with markets getting ready for holiday season so we cannot expect any huge movements. Read more...

Friday, 19 December 2014
Daily Technical Analysis

GBP/USD Daily Forecast - 22 December

Sterling finished Friday's session few points above 1.56 handle, declining after it unsuccessfully tried to hit 1.57 handle. With no major data releases from the UK on Monday, we cannot expect much volatile session, and in addition to that it is beginning of the week which would be marked by Christmas holiday. Read more...

Friday, 19 December 2014
Daily Technical Analysis

AUD/USD Daily Forecast - 22 December

Aussie once again tried to break above 0.82 handle in the course of the session on Friday, but failed, forming a shooting star, with a daily closing around 0.8120 level, that indicates we could be seeing pair much lower. As for Monday, there will be no major data releases both from Australia and USA, so markets will probably depend on gold and iron ore prices, though there should be less liquidity with holiday season ahead of us.

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