Sponsors

Daily Forex Reports


EUR/USD Forecast June 18, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Thursday, 18 June 2015 09:06 UTC
The EUR/USD pair initially fell during the session on Wednesday, but the FOMC statement of course turn the market back around and we shot straight up towards the 1.14 level. However, there is a significant amount of resistance in this area, so we could not break out to the upside. We still believe t ...

AUD/USD Forecast June 18, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Thursday, 18 June 2015 09:03 UTC
The AUD/USD pair initially fell during the course of the session on Wednesday, finding support near the 0.7650 level. Ultimately, the market looks as if it wants to go higher though, because we ended up forming a hammer. With that being the case, the market looks as if it is ready to start grinding ...

EURUSD Triangle Breakout (June 18, 2015)

Daily Forex Reports | by Kate Curtis | Thursday, 18 June 2015 06:53 UTC
EURUSD just broke out of its short-term consolidation pattern, signaling that further gains are possible for the pair. Recall that price had traded inside a symmetrical triangle pattern before breaking to the upside past the 1.1300 major psychological resistance.   The chart pattern is approximat ...

EURGBP Range Support (June 17, 2015)

Daily Forex Reports | by Kate Curtis | Wednesday, 17 June 2015 06:27 UTC
EURGBP has been moving sideways on its 4-hour time frame, finding support at the .7100 major psychological level and resistance at the .7400 major psychological level. The moving averages are also moving sideways, indicating that price could stay in range for quite some time.   Stochastic is poin ...

USD/JPY Forecast June 17, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Wednesday, 17 June 2015 06:07 UTC
The USD/JPY pair did very little during the session on Wednesday, as we continue to bounce around the 123 handle. We ultimately believe that this market goes higher given enough time though, so we don’t have any real interest in shorting. However, there really is in a whole lot to get us excited a ...

USD/CAD Forecast June 17, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Wednesday, 17 June 2015 06:07 UTC
The USD/CAD pair continues to simply go sideways and really not make much in the way of a serious move has Wednesday proved to be very fruitless. At this point in time though, we also pay attention to this market to simply look and see what is possible longer-term. The oil markets continue to do ver ...

GBP/USD Forecast June 17, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Wednesday, 17 June 2015 06:06 UTC
The GBP/USD pair initially fell during the day on Wednesday, but found enough support below yet again to turn things back around and form a hammer. With this, the market looks like it is still very bullish, and as a result we don’t really have any interest in shorting at this point in time. In fac ...

EUR/USD Forecast June 17, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Wednesday, 17 June 2015 06:06 UTC
The EUR/USD pair went back and forth during the course of the session on Wednesday, as we found the 1.12 level to be supportive. We believe that this market continues to bounce back and forth as we have no real chance of a significant trade at the moment. We believe that the market will continue to ...

AUD/USD Forecast June 17, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Wednesday, 17 June 2015 06:05 UTC
The AUD/USD pair initially fell on Wednesday, but found enough support below to turn things back around to form a hammer for the day. However, the market is essentially stuck at the moment, so really at this point in time we feel that it is probably best left alone. We have no interest whatsoever in ...

USD/JPY Forecast June 16, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Tuesday, 16 June 2015 06:22 UTC
The USD/JPY pair initially broke higher during the session on Monday, but continues to see a lot of consolidation in this general vicinity. However, this isn’t a market that we are willing to sell. We are simply looking for opportunities to buy the US dollar against the Japanese yen, we just don ...

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.