USD/JPY Forecast July 26, 2013, Technical Analysis
The USD/JPY pair fell hard during the session on Thursday, slamming into the 99 handle. However, we got a little bit of a bounce towards the end of the day, and this of course would be expected.
Category: Daily Forex Reports
USD/CAD Forecast July 26, 2013, Technical Analysis
The USD/CAD pair fell during the session on Thursday, breaking well below the 1.03 handle yet again. At this point time, the market does look like it is struggling to fall, but in reality we feel that...
GBP/USD Forecast July 26, 2013, Technical Analysis
The GBP/USD pair went back and forth during the session on Thursday, bouncing off of the 1.5250 level as we had suspected, and went much higher at that point in time. We still think this market eventually...
EUR/USD Forecast July 26, 2013, Technical Analysis
The EUR/USD pair when higher during the session on Thursday, and broke the top of the shooting star that had formed on Wednesday. Because of this, we deftly feel that this market is going to try and...
AUD/USD Forecast July 26, 2013, Technical Analysis
The AUD/USD pair rose during the session on Thursday, gaining back much of the losses that the market incurred on Wednesday. However, we are still well within the consolidation area that we have been in, and still...
AUD/USD Short-Term Resistance (July 26, 2013)
AUD/USD appears to be forming a smaller range on its 1-hour time frame. The pair is on its way to test resistance at the .9300 major psychological level while stochastic is giving the overbought signal.
AUD/USD Range Setup (July 25, 2013)
AUD/USD suffered a heavy selloff in yesterday’s trading, as the .9300 handle held as strong resistance and pushed the pair to the middle of its range.
USD/JPY Forecast July 25, 2013, Technical Analysis
The USD/JPY pair rose during the session Wednesday, breaking well above the 100 handle. On top of that, we broke the top of the shooting star from the previous session, so it looks like this market is...
USD/CAD Forecast July 25, 2013, Technical Analysis
The USD/CAD pair had a slightly positive session on Wednesday, after dipping and bouncing. The resulting candle is a hammer, but right now we feel that this market is probably a bit too weak to be bothered...
GBP/USD Forecast July 25, 2013, Technical Analysis
GBP/USD pair fell during the session on Wednesday, but as you can see we are still well above the 1.5250 level, an area that we suspect is going to be rather supportive now. Because of this, we...