USD extends gains as risk appetite falls market

Forex snapshots strong equity market gains put the dollar under renewed

Dow jones recommended levels

Forex GBP/USD bounces at 1.6885 and trades at daily highs

Forex USD strong as Stocks pull back

USD/EUR remains in bear channel in forex signals


USD/AUD finds resistance at 0.9275 in FOREX

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GBPUSD Analysis:-

The rising price channel, GBPUSD pulled back to the 1,6789 level, deeper to the decline expected to the lowest border of the price channel. However stock market fall from 1,6741 is treats to be consolidate of uptrend from 1,6113. As long as the channel report holds that we should expect resume and further rise to 1.6851-1.6901 area is possible after break above 1.6741 will signal resumption.

AUDUSD Analaysis:-

After touchging together 0.8667 resistance, AUDUSD pulled back from 0.8674 level. Its range trading between 0.8450 and 08667 is expected in a couple of days. Near term resistance is now at 0.8674 to rise above this level will signal resumption of uptrend. Further rise is still possible to move 1.4700 zone in a couple of days. Near term support is at 1.4600 and key support is located at 1.4668, below this level will indicate that a short term cycle top has been formed on 4 hours to seen to follow.

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