GBP/USD Forecast October 31, 2016, Technical Analysis
The GBP/USD pair fell during the course of the day on Friday but turned right back around to form a bit of a hammer. The hammer of course is a very bullish sign but I think that...
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EUR/USD Forecast October 31, 2016, Technical Analysis
The EUR/USD pair rallied during the day on Friday, testing the top of a couple of shooting stars, and that of course is a very bullish sign. However, I believe that there are more than enough reasons...
AUD/USD Forecast October 31, 2016, Technical Analysis
The AUD/USD pair went back and forth during the course of the day on Friday, eventually forming a bit of a hammer. The hammer of course is a very bullish sign, and a break above the top...
USD/JPY Forecast October 28, 2016, Technical Analysis
The USD/JPY pair initially tried to fall during the day on Thursday, but then shot higher and broke above the 105 level. This is an area that I have been talking about being the “ceiling” in this...
USD/CAD Forecast October 28, 2016, Technical Analysis
The USD/CAD pair initially fell during the day on Thursday but found enough support below to turn the market back around and form a hammer yet again. With this, it looks as if we are going to...
GBP/USD Forecast October 28, 2016, Technical Analysis
The GBP/USD pair fell after initially trying to rally during the course of the day on Thursday. Ultimately, I believe there is quite a bit of support below, extending all the way down to the 1.20 level....
EUR/USD Forecast October 28, 2016, Technical Analysis
The EUR/USD pair went back and forth during the course of the day on Thursday, eventually forming a bit of a shooting star. It looks as if the market is ready to continue to go to the...
AUD/USD Forecast October 28, 2016, Technical Analysis
The AUD/USD pair broke down during the course of the day on Thursday, slicing through the bottom of the shooting star from Wednesday. Ultimately, this is a market that has plenty of support below, so it’s only...
AUDUSD Double Top (Oct 28, 2016)
AUDUSD could be in for a quick reversal from its uptrend, as the pair formed a double top on its 1-hour time frame. Price failed in its last two attempts to break past the .7700 major psychological...
USDJPY Daily Analysis – October 28, 2016
USDJPY’s upward movement from 103.16 extended to as high as 105.34. Near term support is at the upward trend line on 4-hour chart. As long as the trend line support holds, the uptrend could be expected to...