Sponsors

Daily Forex Reports


GBP/USD Forecast June 30, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Tuesday, 30 June 2015 10:39 UTC
The GBP/USD pair initially rallied during the session on Monday, but found enough resistance at the 1.58 level to keep the market somewhat muted. With that, we believe that ultimately this market will go higher but we have to break above the 1.58 level in order to feel comfortable buying. We certain ...

EUR/USD Forecast June 30, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Tuesday, 30 June 2015 10:38 UTC
The EUR/USD pair gapped lower at the open on Monday, crashing into the 1.10 handle. This area had enough support in it though to keep the market afloat and we bounced much higher. In fact, we ended up going above the gap, and now it looks like the Euro is certainly going to attract buyers every time ...

AUD/USD Forecast June 30, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Tuesday, 30 June 2015 10:37 UTC
The AUD/USD pair rose during the course of the day on Monday, continuing the bounce that we have seen off of the 0.76 handle. Remarkably, this market was fairly calm while so many others sold off rather drastically due to the Greek debt issue. With the Australian dollar considered to be a “riskier ...

EURGBP Trend Pullback (June 30, 2015)

Daily Forex Reports | by Kate Curtis | Tuesday, 30 June 2015 04:40 UTC
EURGBP recently broke below the .7100 key support level, indicating that sellers are ready to push the pair lower. Price is pulling back to the broken support area which lines up with the 38.2% Fibonacci retracement level and might keep further gain in check. However, stochastic hasn’t quite reac ...

USD/JPY Forecast June 29, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Monday, 29 June 2015 09:03 UTC
The USD/JPY pair rose during the course of the day on Friday, showing that there is still some resilience in this market. However, we recognize that the market has cooled off lately, mainly because the 125 level above is so resistive. We believe the market will continue to grind away, and it’s onl ...

EURUSD Triangle Breakout (June 29, 2015)

Daily Forex Reports | by Kate Curtis | Monday, 29 June 2015 09:03 UTC
  URUSD finally broke out of its triangle consolidation pattern visible on longer-term time frames, signaling that the pair is ready for more declines. Price gapped down over the weekend and opened below the ascending triangle support.   Stochastic is still moving down, indicating that sellers ...

USD/CAD Forecast June 29, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Monday, 29 June 2015 09:02 UTC
Initially during the session on Friday, the USD/CAD pair tried to rally but failed. The 1.24 level continues offer significant resistance, so we believe that the market is just simply going to fall from here but will likely will find support just below. In other words, we should have more choppiness ...

GBP/USD Forecast June 29, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Monday, 29 June 2015 09:02 UTC
The GBP/USD pair went back and forth on Friday, essentially doing nothing. However, we did find out is that the 1.57 level continues to be supportive, and therefore we feel that it’s only a matter of time before this market bounces. Once it does, we will test the 1.58 level, the 1.59 level, and th ...

EUR/USD Forecast June 29, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Monday, 29 June 2015 09:01 UTC
The EUR/USD pair went back and forth during the course of the day on Friday, essentially settling nothing. But the one thing that we did see was that the 1.11 level continues offer support, as does the area just above it. With this, we believe that eventually the market will break out to the upside, ...

AUD/USD Forecast June 29, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Monday, 29 June 2015 09:01 UTC
The AUD/USD pair fell during the course of the day on writing, but remains well within the consolidation area that we have been stuck in for some time. With that, we don’t really have a trade at the moment, and quite frankly are on the sidelines when it comes to the Australian dollar in general. T ...

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.