GBP/USD Forecast June 25, 2013, Technical Analysis
The GBP/USD pair had a positive session on Monday as the markets came back to retrace some of the losses that the market had on Friday.
Category: Daily Forex Reports
EUR/USD Forecast June 25, 2013, Technical Analysis
The EUR/USD pair fell during the session on Monday, but as you can see bounced enough to form a hammer at roughly 1.31 for the session. Because of the shape of this hammer, we believe that a...
AUD/USD Forecast June 25, 2013, Technical Analysis
The AUD/USD pair fell during the session on Monday, but bounced enough to form a hammer. Nonetheless, we think that with the Australian dollar being so highly leveraged to the Chinese economy, we will simply pass on...
USD/CHF Inverse Head and Shoulders (June 24, 2013)
After breaking above the falling trend line on its 1-hour and 4-hour time frames, USD/CHF has made another signal that a reversal could take place.
USD/JPY Forecast June 24, 2013, Technical Analysis
The USD/JPY pair had a positive showing on Friday, breaking above the 97.50 handle. However, we did not break the top of the shooting star from the Thursday session, so although it looks bullish at this point...
USD/CAD Forecast June 24, 2013, Technical Analysis
The USD/CAD pair rose again during the session on Friday, breaking through the 1.04 handle finally. This is been an area that has been very resistive to this market, and as a result we feel that breaking...
GBP/USD Forecast June 24, 2013, Technical Analysis
The GBP/USD pair fell during the session on Friday, breaking the bottom of the hammer from the Thursday session. Because of this, we think this shows significant weakness, and that the 1.55 level will more than likely...
EUR/USD Forecast June 24, 2013, Technical Analysis
The EUR/USD pair fell rather hard during the session on Friday, as the Euro continues to suffer at the hands of the Dollar. With the Federal Reserve looking like they are going to pull away from quantitative...
AUD/USD Forecast June 24, 2013, Technical Analysis
The AUD/USD pair had a slightly positive session on Friday, bouncing off of the 0.92 handle. This being the case, it does appear that we are trying to stabilize a little bit, but quite frankly we think...
USD/CAD Potential Breakout (June 21, 2013)
On its shorter-term time frame, USD/CAD has been consolidating, as though getting ready for a break in either direction. With today’s set of data from Canada, a strong breakout could be in the works.