USD/JPY Forecast April 12, 2016, Technical Analysis
The USD/JPY pair initially tried to rally during the course of the session on Monday, but we turn right back around to form a bit of a shooting star. This suggests that we are going to go...
Category:
USD/CAD Forecast April 12, 2016, Technical Analysis
The USD/CAD pair broke down during the course of the day on Monday, clearing the bottom of the trend line that had been keeping this market somewhat afloat. Having said this, we have not made a fresh,...
GBP/USD Forecast April 12, 2016, Technical Analysis
The GBP/USD pair rose during the course of the session on Monday, showing quite a bit of strength. Ultimately, this is a market that has been consolidating between the 1.40 level on the bottom, and the 1.45...
EUR/USD Forecast April 12, 2016, Technical Analysis
The EUR/USD pair went back and forth during the course of the day on Monday, showing quite a bit of confusion at the 1.14 handle which of course is the beginning of massive resistance. It extends all...
AUD/USD Forecast April 12, 2016, Technical Analysis
The AUD/USD pair initially tried to pull back during the course of the session on Monday but then ended up rallying. This is a market that continues to consolidate between the 0.75 level, and the 0.77 level,...
GBPJPY Major Retracement (Apr 12, 2016)
GBPJPY has been trending lower on the longer-term time frames but it looks like a retracement is in order. Price bounced off the 151.50 minor psychological support and might be due for a pullback to the descending...
GBPUSD Reversal Pattern (Apr 11, 2016)
GBPUSD has formed a head and shoulders pattern on its 4-hour time frame, suggesting a potential reversal from the previous uptrend. Price is testing the neckline around the 1.4050-1.4100 levels and a break could be enough to...
USD/JPY Forecast April 11, 2016, Technical Analysis
The USD/JPY pair initially tried to rally during the course of the session on Friday, but turned right back around in order to form a bit of a shooting star. This suggests that we are going to...
GBP/USD Forecast April 11, 2016, Technical Analysis
The GBP/USD pair rose during the course of the session on Friday, as we continue to see quite a bit of supportive action just below. The 1.40 level looks to be massively supportive, as we have been...
USD/CAD Forecast April 11, 2016, Technical Analysis
The USD/CAD pair fell during the course of the session on Friday, testing the 1.30 level for support. This is an area that shows quite a bit of support, and it extends all the way down to...