GBP/USD Forecast October 31, 2013, Technical Analysis
The GBP/USD pair fell during the session on Wednesday, slamming into the 1.60 handle again. The area has been supportive time and time again, and as a result we have seen a bounce yet again.
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EUR/USD Forecast October 31, 2013, Technical Analysis
The EUR/USD pair went back and forth on Wednesday as the markets still continue to look relatively confused. This is mainly because we don’t know when the Federal Reserve is likely to taper off of quantitative easing,...
AUD/USD Forecast October 31, Technical Analysis
The AUD/USD pair went back and forth on Wednesday, closing below the 0.95 level. The market is well supported below this area, and the buyers should step into the markets and start going higher.
GBP/USD Long-Term Reversal? (October 31, 2013)
GBP/USD’s recent rallies seem to be over as the pair ranged between the 1.6200 handle and the 1.6000 area in the past few weeks. In fact, a reversal chart pattern can be seen on the daily time...
Volatility Spike on Friday, November 1st – Paxforex
All traders should watch out for a spike in volatility across global financial markets. The spike should ignite during the Asian session, intensify at the start of the European session and get an additional boost during the...
USD/CHF Support Turned Resistance at .9000? (October 30, 2013)
Risk aversion has been keeping the franc’s gains at bay, as USD/CHF recently bounced off the .8900 major psychological support. Perhaps franc bulls are waiting for more buying momentum before pushing this pair lower.
USD/JPY Forecast October 30, 2013, Technical Analysis
The USD/JPY pair rose during the session on Tuesday, showing that the market continues to have a little bit of a bid in it at lower levels. The question of course then becomes whether or not the...
USD/CAD Forecast October 30, 2013, Technical Analysis
The USD/CAD pair initially fell during the session on Tuesday, but bounced enough to form a positive candle, and broke to a fresh new high. Because of this, we do believe that this pair is going to...
GBP/USD Forecast October 30, 2013, Technical Analysis
The GBP/USD pair fell during the session on Tuesday, slamming into the 1.60 level. The market has been consolidating in this general area for some time now, and because of this we are looking like a market...
EUR/USD Forecast October 30, 2013, Technical Analysis
The EUR/USD pair fell during the session on Tuesday, showing that we are starting to slow down and perhaps lose a little bit of the upward momentum. However, the 1.37 level should offer support based upon the...