EUR/USD Forecast June 17, 2013, Technical Analysis
The EUR/USD pair fell during the session on Friday, but as you can see found support at the 1.33 level again, and bounced yet again to form the third hammer in a row. We are approaching the...
Category: Daily Forex Reports
AUD/USD Forecast June 17, 2013, Technical Analysis
The AUD/USD pair tried to rally during the session on Friday, but as you can see it gave back the gains in order to form a shooting star. This pair has been extraordinarily weak for quite some...
USD/JPY Forecast June 14, 2013, Technical Analysis
The USD/JPY pair fell during the session again on Thursday, but as you can see found enough support in the region of the 95 handle in order to pop back over it.
USD/CAD Forecast June 14, 2013, Technical Analysis
The USD/CAD pair fell during the session on Thursday, breaking below the 1.0150 handle at one point. That being said, it appears that the market is trying to weaken a bit, and if we can manage to...
GBP/USD Forecast June 14, 2013, Technical Analysis
The GBP/USD pair fell initially during the session on Thursday, but found enough support at the 1.5650 level in order to bounce back higher and a break above the 1.57 level. This market still looks like it...
EUR/USD Forecast June 14, 2013, Technical Analysis
The EUR/USD pair fell during the session on Thursday, and even managed to get below the 1.33 handle. However, we got a bit of a bounce and as a result formed a hammer.
AUD/USD Forecast June 14, 2013, Technical Analysis
The AUD/USD pair initially fell during the early hours of the Thursday session, but turned around and close well above the 0.96 handle. That being the case, this market looks like it’s trying to form a pretty...
Daily currencies review (13 June 2013)
This morning the dollar is expanding its decline from yesterday, when it reported another weak session. The reasons behind the greenback’s fast drop lay in the Japanese stock market‘s decline and the uncertainty surrounding the Fed’s stimulus...
USD/JPY Forecast June 13, 2013, Technical Analysis
The USD/JPY pair went back and forth during the session on Wednesday, testing the 95 handle for support again, and testing the 97 level for resistance. In the end, we had very little change from the previous...
USD/CAD Forecast June 13, 2013, Technical Analysis
USD/CAD fell during a large part of the session, but bounced in order to form a hammer. This hammer is just after a shooting star at the 1.02 handle, and as a result it looks like we...