USD/JPY Forecast February 25, 2014, Technical Analysis
The USD/JPY pair initially fell during the session on Friday, but as you can see found enough support at the 102 level in order to go higher and form a hammer yet again. If we can get...
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USD/CAD Forecast February 25, 2014, Technical Analysis
The USD/CAD pair initially try to rally during the session on Monday, but turned back around based upon the shooting star that we had formed on Friday. That selling pressure push the market lower, but we are...
GBP/USD Forecast February 25, 2014, Technical Analysis
The GBP/USD pair fell initially during the session on Monday, but as you can see bounced off of the 1.66 level in order to form a hammer. With that, we are believers that this market should continue...
EUR/USD Forecast February 25, 2014, Technical Analysis
The EUR/USD pair went back and forth on Monday, essentially settling nothing by the time we closed. The resulting neutral candle suggests that the market still hasn’t made up its mind as to which direction wants to...
AUD/USD Forecast February 25, 2014, Technical Analysis
AUD/USD initially fell during the session on Monday, testing the 0.8950 handle. However, we managed to bounce significantly after that, and challenge the 0.9050 level. We’ve not broken out to the upside though, so we feel that...
USDCAD Daily Analysis – February 25, 2014
USDCAD failed to break above 1.1224 resistance, and pulled back from 1.1192, suggesting that sideways movement in a range between 1.0910 and 1.1224 is underway. However, another rise to re-test 1.1224 resistance is still possible, a break...
USDCHF Daily Analysis – February 25, 2014
USDCHF remains in downtrend from 0.9081, and the fall extended to as low as 0.8852. Resistance is at the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the downtrend...
USDJPY Daily Analysis – February 25, 2014
USDJPY remains in uptrend from 100.75. As long as 101.35 support holds, the uptrend could be expected to continue, and next target would be at 104.00 area. Only break below 101.35 support could signal completion of the...
AUDUSD Daily Analysis – February 25, 2014
AUDUSD continues its sideways movement in a range between 0.8906 and 0.9080. As long as 0.8906 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8660, another rise towards...
GBPUSD Daily Analysis – February 25, 2014
GBPUSD remains in uptrend from 1.6252, the fall from 1.6822 is likely consolidation of the uptrend. Support is at 1.6530, as long as this level holds, the uptrend could be expected to resume, and another rise towards...