Sponsors

Daily Forex Reports


USD/JPY Forecast May 30, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Saturday, 28 May 2016 06:43 UTC
The USD/JPY pair initially fell during the day on Friday, but then shot higher and above the 110 handle. This is a market that continues to see quite a bit of support underneath this area, so with that being the case we can break above the highs from this past week, we believe that the market will t ...

GBP/USD Forecast May 30, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Saturday, 28 May 2016 06:42 UTC
The GBP/USD pair initially tried to rally on Friday but then turn right back around form a negative candle. That being the case, looks as if we’re going to try to grind our way back down to the 1.45 handle. With this, there could be a significant amount of support there, but a break down below the ...

EUR/USD Forecast May 30, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Saturday, 28 May 2016 06:41 UTC
The EUR/USD pair fell slightly during the course of the session on Friday, as we continue to see bearishness. However, there is a massive amount of support near the 1.10 level below, so we are not expecting any type of meltdown. That being the case, the market will be negative, but ultimately there ...

AUD/USD Forecast May 30, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Saturday, 28 May 2016 06:41 UTC
The AUD/USD pair fell slightly during the course of the session here on Friday, as we continue to see quite a bit of negative pressure. With this being the case, we believe that rallies will continue to be selling opportunities on signs of exhaustion, and of course a break down below the bottom of t ...

NZDUSD Descending Channel (May 27, 2015)

Daily Forex Reports | by Kate Curtis | Friday, 27 May 2016 04:49 UTC
NZDUSD has been trending lower on the short-term charts, moving inside a descending channel on the 1-hour time frame. Price is currently testing the resistance and a drop towards support might be due. The top of the channel lines up with the moving averages, which usually hold as dynamic inflection ...

USD/JPY Forecast May 26, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Thursday, 26 May 2016 06:14 UTC
The USD/JPY pair went back and forth during the course of the day on Wednesday, as we continue to be attracted to the 110 handle. If we can break above the top of the shooting star from last week, the market very well could then go to the 112 handle given enough time. However, expect quite a bit of ...

USD/CAD Forecast May 26, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Thursday, 26 May 2016 06:13 UTC
The USD/CAD pair fell slightly during the day on Wednesday, as it looks like we are trying to roll over. However, we should have quite a bit of support at the 1.30 level, and of course would be buyers of supportive action in that region. On the other hand, we could break above the top of the range f ...

GBP/USD Forecast May 26, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Thursday, 26 May 2016 06:11 UTC
The GBP/USD pair rose during the day on Wednesday, as we tested the 1.47 handle. We did pullback slightly, but at the end of the day we think there is more than enough buying pressure underneath to continue to push this market higher. Once we clear the 1.48 handle, we would then target the 1.50 leve ...

EUR/USD Forecast May 26, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Thursday, 26 May 2016 06:10 UTC
The EUR/USD pair rallied slightly during the course of the day on Wednesday, but at this point in time the pair certainly looks very negative. With this being the case, we are looking for shorter-term resistive candles to continue to start selling. The market could then reach towards the 1.10 level ...

AUD/USD Forecast May 26, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Thursday, 26 May 2016 06:09 UTC
The Australian dollar initially tried to rally during the day on Wednesday, but turned around back around to form a bit of a shooting star. It looks as if we are trying to bring ourselves lower, but the hammer from the previous session on Tuesday could offer a bit of support. If we can break down be ...

Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.

Sponsors

Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.