Sponsors

Daily Forex Reports


EUR/USD Forecast July 25, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Friday, 25 July 2014 06:35 UTC
The EUR/USD pair went back and forth during the session on Thursday, essentially settling nothing as we printed a neutral candle. The market still looks a very weak though, and as a result we favor selling at this point. We need to find the right resistant candle after an attempt at a rally, and the ...

AUD/USD Forecast July 25, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Friday, 25 July 2014 06:34 UTC
The AUD/USD pair tried to break out to the upside during the session on Thursday, but as you can see failed out the 0.9450 area, and as a result we turned back around to form a shooting star. What frankly, we think this is just the market going sideways overall, and making an attempt to find support ...

USD/JPY Forecast July 24, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Thursday, 24 July 2014 07:29 UTC
The USD/JPY pair initially fell during the session on Wednesday, but found enough support below in order to turn things back around and form a hammer. This market is towards the bottom of the larger consolidation area, so we are interested in buying it. The fact that we formed a hammer of course sug ...

USD/CAD Forecast July 24, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Thursday, 24 July 2014 07:29 UTC
The USD/CAD pair initially fell during the session on Wednesday, but found enough support at the 1.07 level to turn things back around and form a hammer. That hammer of course suggests that the market is ready to go higher, and as a result we will more than likely try to break above the 1.08 level a ...

GBP/USD Forecast July 24, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Thursday, 24 July 2014 07:28 UTC
The GBP/USD pair initially tried to rally during the session on Wednesday, but with the Bank of England failing to impress upon the market a bit of a drive to tighten monetary policy, the British pound was in fact sold off later in the day. That being the case, we formed a shooting star, which sits ...

EUR/USD Forecast July 24, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Thursday, 24 July 2014 07:27 UTC
The EUR/USD pair initially tried to rally during the session on Wednesday, but as you can see turned back around and close towards the end of the day, forming a negative looking candle. The range was pretty small though, so as you can see it appears that the breakdown is slowing down a bit. If we co ...

AUD/USD Forecast July 24, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Thursday, 24 July 2014 07:26 UTC
The AUD/USD pair fell rather significantly the session before, but we did have a nice bounce and rise during the session on Wednesday. This was partly in reaction to be stronger than anticipated CPI numbers out of Australia, slamming this pair into the 0.9450 level. The biggest problem of course is ...

USD/JPY Forecast July 23, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Wednesday, 23 July 2014 09:26 UTC
The USD/JPY pair tried to rally during the course of the day during Tuesday, but as you can see we pullback in order to form a shooting star. That tells us that the market continues to grind sideways overall, but the 101 level is massively supportive, so if we did go down near that area we would be ...

USD/CAD Forecast July 23, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Wednesday, 23 July 2014 09:26 UTC
The USD/CAD pair initially rallied during the session on Tuesday, but turned back around and form a shooting star. The shooting star courses negative, but overall this market has been very sideways for the last two weeks. Ultimately, the uptrend line below should continue to be supportive, and ultim ...

GBP/USD Forecast July 23, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Wednesday, 23 July 2014 09:26 UTC
The GBP/USD pair fell during the course of the day on Tuesday, but found enough support near the 1.7050 level to turn things back around and form a little bit of a hammer. This hammer tells us that the market is starting to attract buyers, and as a result we believe that the barrier between here and ...

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.