USD/JPY Forecast June 22, 2016, Technical Analysis
The USD/JPY pair broke higher during the course of the session on Tuesday, but as you can see the 105 level continues to be resistive. Because of this, I’m waiting to see whether or not we get...
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GBP/USD Forecast June 22, 2016, Technical Analysis
The GBP/USD pair initially rallied during the course of the day on Tuesday, but found the 1.48 level above was resistive enough to turn things back around completely. Because of this, we formed a very negative candle...
EUR/USD Forecast June 22, 2016, Technical Analysis
The EUR/USD pair initially tried to rally during the day on Tuesday but turn right back around to form a very negative candle. We broke down through the gap that formed during the Monday session, and as...
AUD/USD Forecast June 22, 2016, Technical Analysis
The AUD/USD pair initially tried to rally during the course of the session on Tuesday, but struggled at the 0.75 level ended up turning things back around and form a shooting star in order to show signs...
EURAUD Descending Channel (June 22, 2016)
EURAUD has been trending lower, moving inside a descending channel on its 4-hour time frame. Price is currently testing the channel support and might be due for a bounce back to the resistance at the 1.5200 major...
USD/JPY Forecast June 21, 2016, Technical Analysis
USD/JPY initially rallied during the day on Monday, but then turned right back around to form a fairly negative candle. That of course gives us an opportunity to sell this market on short-term rallies as they appear....
USD/CAD Forecast June 21, 2016, Technical Analysis
The USD/CAD pair gapped lower at the open on Monday, and drifted a little bit lower. Ultimately, this is a market that should continue to fall towards the 1.2650 level next, and then perhaps even lower. Remember...
GBP/USD Forecast June 21, 2016, Technical Analysis
The GBP/USD pair initially fell during the course of the day and then turn right back around to break out to the upside. However, there is still more than enough resistance at the 1.48 level to keep...
EUR/USD Forecast June 21, 2016, Technical Analysis
The EUR/USD pair initially tried to rally during the day on Monday as we gapped at the open, but at the end of the day we did up turning right back around and filling that gap. At...
AUD/USD Forecast June 21, 2016, Technical Analysis
The AUD/USD pair tried to rally during the course of the day on Monday, but gave back about half of the gains in order to form a bit of an exhausted looking candle. That being the case,...