USD/CAD Forecast June 19, 2013, Technical Analysis
The USD/CAD pair rose during the session on Tuesday as the US dollar continues to be bid up in general. The market is one that needs to rise back above the 1.02 level for the buyers to...
Category: Daily Forex Reports
GBP/USD Forecast June 19, 2013, Technical Analysis
The GBP/USD pair fell during the session on Tuesday, as the market slices below the 1.56 handle during the day. Going forward, we feel that this market is simply pulling back, and that we will eventually certainly...
EUR/USD Forecast June 19, 2013, Technical Analysis
The EUR/USD pair initially fell during the session on Tuesday, but found enough support yet again for the fifth day in a row in order to show strength yet again. The resulting candle formed a hammer, and...
AUD/USD Forecast June 19, 2013, Technical Analysis
The AUD/USD pair fell during the session on Tuesday, after printing a shooting star on Monday. This looks like it’s rather weak, but there is a hammer from last week that suggests that there is a bit...
USD/JPY Forecast June 17, 2013, Technical Analysis
The USD/JPY pair fell drastically during the session on Friday as the market close below the 95 handle. However, we did not break the bottom of the hammer, and presently sit on top of the 38.2 Fibonacci...
USD/CAD Forecast June 17, 2013, Technical Analysis
The USD/CAD pair went back and forth on Friday, essentially closing the day unchanged. The resulting candle was a neutral candle, perhaps leaning a little bit more towards a hammer, but in reality we do not like...
GBP/USD Forecast June 17, 2013, Technical Analysis
The GBP/USD pair fell during the session on Friday, but had enough buyers come in late during the session in order to push the market much higher. In the end, the market formed a beautiful hammer, which...
EUR/USD Forecast June 17, 2013, Technical Analysis
The EUR/USD pair fell during the session on Friday, but as you can see found support at the 1.33 level again, and bounced yet again to form the third hammer in a row. We are approaching the...
AUD/USD Forecast June 17, 2013, Technical Analysis
The AUD/USD pair tried to rally during the session on Friday, but as you can see it gave back the gains in order to form a shooting star. This pair has been extraordinarily weak for quite some...
USD/JPY Forecast June 14, 2013, Technical Analysis
The USD/JPY pair fell during the session again on Thursday, but as you can see found enough support in the region of the 95 handle in order to pop back over it.