Sponsors

Daily Forex Reports


AUD/USD Forecast July 7, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Tuesday, 07 July 2015 06:03 UTC
The AUD/USD pair initially tried to rally during the course of the day on Monday, but found enough resistance above the 0.75 level to turn things back around and form a shooting star. The shooting star of course signifies that the sellers are coming back into the market place, so therefore we don’ ...

USDJPY Descending Channel (July 6, 2015)

Daily Forex Reports | by Kate Curtis | Monday, 06 July 2015 07:15 UTC
After the huge weekend gap, USDJPY was able to test support at the bottom of the channel near the 121.50 minor psychological level. Price could make its way back to the top to test the resistance near the 123.00 major psychological level. Stochastic is on the way up, which means that buyers have en ...

USD/JPY Forecast July 6, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Saturday, 04 July 2015 06:33 UTC
The USD/JPY pair fell slightly during the course of the day on Friday, as we await the results of the Greek referendum. Quite frankly though, we still believe that the market has plenty of support below and as a result we are looking for opportunities to go long. We think that the 121 level below is ...

USD/CAD Forecast July 6, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Saturday, 04 July 2015 06:32 UTC
The USD/CAD pair initially trying to rally during the course of the day on Friday, but pullback to form a bit of a shooting star. The shooting star is identical in its implications to the shooting star on Thursday, meaning that we will more than likely get a bit of a pullback. However, we think ulti ...

GBP/USD Forecast July 6, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Saturday, 04 July 2015 06:31 UTC
The GBP/USD pair fell slightly during the course of the session on Friday, as we continue to see weakness overall. However, there is a 1.55 barrier that should be rather supportive, and the buyers will more than likely return to the market. Because of this, we are essentially a “buy only” type o ...

EUR/USD Forecast July 6, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Saturday, 04 July 2015 06:31 UTC
The EUR/USD pair did very little during the session on Friday as we await the Greek referendum vote. That being the case, the market looks as if it will be very volatile on Monday. There is an uptrend line just below, and the 1.10 level below will offer support as well. With that, the market we thin ...

AUD/USD Forecast July 6, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Saturday, 04 July 2015 06:30 UTC
The AUD/USD pair fell during the course of the session on Friday, testing the 0.75 handle. This is an area that is supportive based upon the large, round, psychologically significant number, and of course an area that has both been supportive and resistive in the past. With that, a bounce from here ...

USD/JPY Forecast July 3, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Friday, 03 July 2015 07:22 UTC
The USD/JPY pair broke out to the upside during the session initially on Thursday, but turned back around to form a shooting star. Looking at this shooting star it suggests that we are going to drop from here but we believe that will simply be a short-term pullback. We still favor this pair to the u ...

USD/CAD Forecast July 3, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Friday, 03 July 2015 07:20 UTC
The USD/CAD pair tried to break down during the session on Thursday, but pullback to form a bit of a shooting star. The shooting star of course is a fairly negative candle but at the end of the day we think this is just simply going to be a bit of a pullback. A break below the bottom of the shooting ...

GBP/USD Forecast July 3, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Friday, 03 July 2015 07:18 UTC
The GBP/USD pair went back and forth during the course of the day on Thursday, essentially settling nothing. However, the one thing that we do notice is that the 1.56 level is trying to offer a bit of support. We still recognize that the 1.55 level should be essentially a “floor” in this market, ...

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.