USD/JPY Forecast September 16, 2014, Technical Analysis
The USD/JPY pair fell during the course of the day on Monday, but found a bit of support at the 107 level. Once we got that support, we ended up bouncing enough to form a hammer. This...
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USD/CAD Forecast September 16, 2014, Technical Analysis
The USD/CAD pair fell hard during the session on Monday, but remains well above the 1.10 level. That level was the scene of a break out, and we feel that this market will more than likely try...
GBP/USD Forecast September 16, 2014, Technical Analysis
The GBP/USD pair fell slightly during the session on Monday, as the gap continues to push the market a little bit lower. However, if we can get above the 1.63 level, we feel that this market will...
EUR/USD Forecast September 16, 2014, Technical Analysis
The EUR/USD pair fell during most of the day on Monday, but as you can see bounced enough to form a hammer. Because of this, we feel that the market is going to try to break out...
AUD/USD Forecast September 16, 2014, Technical Analysis
The AUD/USD pair went back and forth during the course of the day on Monday, showing the 0.90 level to be supportive though, which of course is very important as far as we can see. The fact...
USDCAD Daily Analysis – September 16, 2014
USDCAD remains in uptrend from 1.0810, the fall from 1.1098 is likely consolidation of the uptrend. Support is located at the lower line of the price channel on 4-hour chart, as long as the trend line support...
USDCHF Daily Analysis – September 16, 2014
USDCHF moved sideways in a trading range between 0.9314 and 0.9395. Key support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, the price action in the range...
USDJPY Daily Analysis – September 16, 2014
USDJPY remains in uptrend from 101.50, the fall from 107.39 is likely consolidation of the uptrend. Range trading between 106.50 and 107.39 would likely be seen in a couple of days. Key support is located at the...
AUDUSD Daily Analysis – September 16, 2014
AUDUSD remains in downtrend from 0.9401, the rise from 0.8983 is likely consolidation of the downtrend. Near term resistance is located at the upper line of the price channel on 4-hour chart, as long as the trend...
GBPUSD Daily Analysis – September 16, 2014
GBPUSD remains in downtrend from 1.7190 (Jul 15 high), the rise from 1.6051 could be treated as consolidation of the downtrend. Key resistance is located at the downward trend line on 4-hour chart, as long as the...