USD/JPY Forecast June 20, 2016, Technical Analysis
The USD/JPY pair fell during the day on Friday, showing signs of weakness yet again. That being the case, it looks as if we are going to try to reach down towards the lows that we formed...
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USD/CAD Forecast June 20, 2016, Technical Analysis
The USD/CAD pair fell initially during the course of the session on Friday, but turn right back around to form a hammer. There is a shooting star from the Thursday session, so having said that it looks...
GBP/USD Forecast June 20, 2016, Technical Analysis
The GBP/USD pair initially fell during the course of the day on Friday, but turned right back around to form a very bullish looking candle. However, there is quite a bit of resistance just above and of...
EUR/USD Forecast June 20, 2016, Technical Analysis
The EUR/USD pair went back and forth during the course of the day on Monday, ultimately settling on a neutral candle. With this, it appears that the market does find quite a bit of buying pressure underneath,...
AUD/USD Forecast June 20, 2016, Technical Analysis
The AUD/USD pair went back and forth during the course of the day on Friday, and as you can see the 0.74 level seems to be a bit of a magnet for price. With that being the...
EURJPY Downtrend Correction (June 17, 2016)
EURJPY has been trending lower on its 1-hour time frame, moving under a descending trend line connecting the latest highs of price action. Price appears to have found a bottom and is starting to make a pullback...
USD/JPY Forecast June 16, 2016, Technical Analysis
The USD/JPY pair initially broke out to the upside during the course of the day on Wednesday, but turned right back around to form a bit of a shooting star. However, as I record this pre-FOMC, the...
USD/CAD Forecast June 16, 2016, Technical Analysis
The USD/CAD pair rose during the day on Wednesday, crashing into the 1.29 level. At this point in time, this is a pair that can be very volatile due to the fact that we get the Crude...
GBP/USD Forecast June 16, 2016, Technical Analysis
The GBP/USD pair bounced slightly during the course of the day on Wednesday, using the 1.41 level as support. At this point in time, the market could try to reach higher but there is a significant amount...
EUR/USD Forecast June 16, 2016, Technical Analysis
The EUR/USD pair rose slightly during the day on Wednesday, as the 1.12 level offered a bit of support. With this, the market looks as if it is ready to continue to find quite a bit of...