USD/CAD Forecast August 6, 2013, Technical Analysis
The USD/CAD pair try to break above the 1.04 handle during the session on Monday, but as you can see failed and fell from that point. This suggests that this market is going to return to the...
Category: Daily Forex Reports
GBP/USD Forecast August 6, 2013, Technical Analysis
The GBP/USD pair bounced off of the 1.5250 level on Monday in order to prove that area as support. Because of this, we think that the next fight will be at the 1.54 handle, and then the...
EUR/USD Forecast August 6, 2013, Technical Analysis
The EUR/USD pair went back and forth during the session on Monday, losing slightly by the end of the day. The resulting candle looks pretty neutral, and as a result we think that this market continues to...
AUD/USD Forecast August 6, 2013, Technical Analysis
The AUD/USD pair fell initially during the session on Monday, but as you can see bounced enough to get back above the 0.89 handle, and form a hammer. Quite frankly, although this is a positive sign, we...
USD/JPY Forecast August 5, 2013, Technical Analysis
The USD/JPY pair tried to rally during the session on Friday, but as you can see the 100 level offered far too much resistance in order to overcome. That being the case, we feel that this market...
USD/CAD Forecast August 5, 2013, Technical Analysis
The USD/CAD pair rose during the session on Friday, slamming into the 1.04 handle as resistance overcame it. That being the case, we feel that this market is trying to breakout, but we need to see a...
GBP/USD Forecast August 5, 2013, Technical Analysis
The GBP/USD pair rose during the session on Friday, smashing through the 1.5250 level. The matter fact, this pair now looks very healthy and it appears that we are going to go higher.
EUR/USD Forecast August 5, 2013, Technical Analysis
The EUR/USD pair rose during the session on Friday to continue the consolidation that we’ve seen over the course of the last week.
AUD/USD Forecast August 5, 2013, Technical Analysis
The AUD/USD pair had a negative session on Friday again, as we meander below the 0.90 handle. Below there, we feel that this market will continue to weaken, and eventually we will at the 0.85 handle and...
USD/JPY Forecast August 2, 2013, Technical Analysis
The USD/JPY pair rose during the session on Thursday, bouncing off of the 98 handle in order to shoot straight up in the air. This is a move that we have been waiting on, but now we...