USD/JPY Forecast October 1, 2013, Technical Analysis
The USD/JPY pair fell initially on a gap lower at the open on Monday, but as you can see filled that gap during the rest of the day. That being the case, the campus now filled and...
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USD/CAD Forecast October 1, 2013, Technical Analysis
The USD/CAD pair fell during the session on Monday, but found enough support near the 1.0270 handle in order to bounce and form a nice looking hammer. This hammer is essentially focused on the 1.03 area, and...
GBP/USD Forecast October 1, 2013, Technical Analysis
The GBP/USD pair initially fell during the session on Monday, but as you can see found enough support to bounce and form a relatively nice looking hammer. This hammer of course suggests that we are going higher,...
EUR/USD Forecast October 1, 2013, Technical Analysis
The EUR/USD pair tried to rally during the session on Monday, but as you can see did not hang onto most of the gains the 1.35 level continues to be a magnet for this pair, and as...
AUD/USD Forecast October 1, 2013, Technical Analysis
The AUD/USD pair rose during the session on Monday, but fell backwards as the buyers lost control. The resulting candle is a shooting star, which is of course a very bearish sign. That being the case we...
USD/CHF: Retest of .9100? (September 30, 2013)
USD/CHF just broke below the key .9100 handle on Friday’s dollar weakness, but the pair might be due for a quick pullback before heading any lower.
USDCAD Analysis – September 28, 2013
USDCAD remains in downtrend from 1.0568, the rise from 1.0182 is likely consolidation of the downtrend. Resistance is at 1.0380, as long as this level holds, the downtrend could be expected to resume, and another fall towards...
USDCHF Analysis – September 28, 2013
USDCHF stays below a downward trend line on daily chart, and remains in downtrend from 0.9751. Key resistance is located at the trend line, as long as the trend line resistance holds, the downtrend could be expected...
USDJPY Analysis – September 28, 2013
USDJPY is forming a triangle pattern in a range between 93.79 and 103.73. Key support is at 93.79, as long as this level holds, the price action in the pattern could be treated as consolidation of the...
AUDUSD Analysis – September 28, 2013
AUDUSD remains in uptrend from 0.8847, the fall from 0.9526 is likely consolidation of the uptrend. Key support is now located at the lower line of the price channel on daily chart. As long as the channel...