GBP/USD Potential Pullback (February 18, 2014)
GBP/USD has made a stellar rally in the past few trading days, but it appears that the climb is losing steam and the pair needs to make a pullback. On the 1-hour chart, it can be seen...
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USD/JPY Forecast February 18, 2014, Technical Analysis
The USD/JPY pair rose during the session on Monday, testing the 102 level again. This area could offer a little bit of resistance, but ultimately we believe that the market will in fact go higher. In fact,...
USD/CAD Forecast February 18, 2014, Technical Analysis
The USD/CAD pair did very little during the session on Monday which of course wasn’t much of a surprise with it being a holiday in the United States. Presidents’ Day is an exactly a massive one, but...
GBP/USD Forecast February 18, 2014, Technical Analysis
The GBP/USD pair initially try to rally during the session on Monday, but found the area above the 1.68 level as being far too rich, and pulled back. Towards the end of the day we sat around...
EUR/USD Forecast February 13, 2014, Technical Analysis
The EUR/USD pair fell during the session on Wednesday, breaking the bottom of the shooting star that had formed on Tuesday. That being the case, we dipped below the 1.36 level, but bounced a little bit off...
AUD/USD Forecast February 18, 2014, Technical Analysis
The AUD/USD pair fell during the session on Monday, filling the gap after initially gapping higher. That being said, we are still above the 0.90 level which of course could offer significant support, but we are below...
USDCAD Daily Analysis – February 18, 2014
USDCAD remains in downtrend from 1.1224. As long as 1.1030 resistance holds, the downtrend could be expected to continue, and next target would be at 1.0800 area. Only break above 1.1030 resistance could signal completion of the...
USDCHF Daily Analysis – February 18, 2014
USDCHF remains in downtrend from 0.9081, and the fall extended to as low as 0.8900. Resistance is now at the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the...
USDJPY Daily Analysis – February 18, 2014
USDJPY stays in a downward price channel on 4-hour chart, and remains in downtrend from 105.44, the rise from 100.75 could be treated as consolidation of the downtrend. As long as the channel resistance holds, the downtrend...
AUDUSD Daily Analysis – February 18, 2014
AUDUSD remains in uptrend from 0.8660, and the rise extended to as high as 0.9080. The uptrend could be expected to continue, and next target would be at 0.9200 area. Initial support is at the lower line...