The USD/JPY pair bounced fairly hard off of the 80 handle during the session on Tuesday, and formed a green hammer. This pair is essentially waiting the results of the US Presidential election, and as such did...
The USD/CAD currency pair fell during the session on Tuesday as the 200 day moving average offers resistance. However, the 0.9900 level is support and we have to see whether or not we are going to break...
The GBP/USD pair did very little during the Tuesday session as we remain just below the 1.60 level. This area is a scene of significant consolidation, and we are towards the bottom of that region.
The EUR/USD pair fell below the 1.28 level for the second day in a row on Tuesday, only to pop back up and form a hammer yet again. The Euro is showing a significant amount of resilience...
The AUD/USD pair broke through the 1.04 level during the Tuesday session as resistance gave way slightly. However, we are not ready to go long of this pair until we break the highs of the Tuesday session...
The Dollar traded flat against the Euro, the Cable and the Swiss France whereas it continued to slide against the Aussie Dollar. The Dollar Index is again expected to find resistance at 81.00 ranges from where is...
Date: 05.11.2012 Time: 18:28 Rate: 80.28 4 Hour chart Last Review USD/JPY Forecast- the price is reaching the 80.00 after correcting the uptrend by a Fibonacci third towards the 79.45 price level and stopped at this level....
Date: 05.11.2012 Time: 18:17 Rate: 0.9438 4 Hour chart Last Review USD/CHF Forecast- It is possible to see that the price has stopped two times on the 0.9300 support while it is close to its breaking. Stoppage...
Date: 05.11.2012 Time: 18:09 Rate: 1.0366 4 Hour chart Last Review AUD/USD Forecast- the price is touching the 1.0387 price level again while breaching this level and the closest resistance on the 1.0411 price level will probably...
Date: 05.11.2012 Time: 17:59 Rate: 1.5976 4 Hour chart Last Review GBP/USD Forecast- the price is breaching the descending trend line between the lows (red broken line), while it is possible to assume that breaching the 1.6163...
