EUR/USD Forecast July 25, 2013, Technical Analysis
The EUR/USD pair tried to rally during the session on Wednesday, but as you can see it pulled back enough to form a little bit of a shooting star.
Category: Daily Forex Reports
AUD/USD Forecast July 25, 2013, Technical Analysis
The AUD/USD pair fell hard during the session on Tuesday, continuing to stay within the consolidation area that we have been in for roughly one month. Going forward, we still think that the 0.90 level is massive...
EUR/GBP Setup for Euro Zone PMI Releases (July 24, 2013)
Two of the largest economies in the euro zone, namely Germany and France, will be printing their manufacturing and services PMIs in today’s UK session. Small improvements are expected, although most of the figures are likely to...
USD/JPY Forecast July 24, 2013, Technical Analysis
The USD/JPY pair tried to break through the 100 handle during the session on Tuesday, but as you can see struggle and fell flat. Resulting shooting star suggests that the market is going to go lower, something...
USD/CAD Forecast July 24, 2013, Technical Analysis
The USD/CAD pair fell during the session on Tuesday, breaking below the 1.03 handle finally. This market now looks like it’s ready to continue lower, and as a result we think that this market will target the...
GBP/USD Forecast July 24, 2013, Technical Analysis
The GBP/USD pair went back and forth on Tuesday, forming a hammer in the end and suggesting that the market is going to go higher. That being the case, we still believe that this market heads towards...
EUR/USD Forecast July 24, 2013, Technical Analysis
The EUR/USD pair went back and forth during the session on Tuesday, but formed what essentially looks like a hammer at the 1.32 handle. Because of this, we feel that this market is going to continue going...
AUD/USD Forecast July 24, 2013, Technical Analysis
The AUD/USD pair initially fell during the session on Tuesday, but as you can see bounced enough to form a hammer. The hammer sits just below the 0.93 handle, an area that should be somewhat resistant.
USD/CAD Canadian Retail Sales Setup (July 23, 2013)
USD/CAD has been selling off aggressively but the pair could take a break from its recent dives, as it approaches the 1.0300 major psychological level. This is in line with a former resistance level and area of...
USD/JPY Forecast July 23, 2013, Technical Analysis
The USD/JPY pair fell during the session on Monday, clearly slicing through the 100 handle. However, this market does have plenty of support all the way down to the 98.50 handle, and as a result we are...