GBP/USD Forecast April 4, 2017, Technical Analysis
GBP/USD daily chart, April 04, 2017 The GBP/USD pair fell during the day on Monday as we continue to chop back and forth with no direction in mind. Longer-term, it looks as if we may try to...
Category: Daily Forex Reports
EUR/USD Forecast April 4, 2017, Technical Analysis
EUR/USD daily chart, April 04, 2017 The EUR/USD pair had a very flat day, forming a very neutral candle. Because of this, looks as if the market isn’t quite ready to do anything but if we can...
AUD/USD Forecast April 4, 2017, Technical Analysis
AUD/USD daily chart, April 04, 2017 The AUD/USD pair initially tried to rally during the day on Monday but found sellers as markets in general sold risk related assets. Ultimately, this is a market that I think...
USDCAD Short-Term Range (Apr 04, 2017)
USDCAD has been moving sideways on its 1-hour time frame, bouncing off support at the 1.3285 area and resistance at 1.3400. Price is currently testing the top of the range at the moment and if it holds...
EURJPY Long-Term Downtrend? (Apr 03, 2017)
EURJPY failed in its last few attempts to break past the 123.00 area, creating a double top formation on its 4-hour chart. Price has yet to break below the neckline at the 118.00 major psychological mark before...
USD/JPY Forecast April 3, 2017, Technical Analysis
USD/JPY daily chart, April 03, 2017 The USD/JPY pair initially tried to rally during the day on Friday, but found the 100-exponential moving average too resistive to continue going higher. Because of this, I think we need...
USD/CAD Forecast April 3, 2017, Technical Analysis
USD/CAD daily chart, April 03, 2017 The USD/CAD pair initially tried to rally during the day but turned around and broke towards the 1.33 level underneath. The oil markets continue to show signs of strength, and that...
GBP/USD Forecast April 3, 2017, Technical Analysis
GBP/USD daily chart, April 03, 2017 The GBP/USD pair fell initially on Friday but found enough support to turn things around and show signs of strength. Currently, looks as if the British pound is starting to pick...
EUR/USD Forecast April 3, 2017, Technical Analysis
EUR/USD daily chart, April 03, 2017 The EUR/USD pair initially tried to rally during the day on Friday, but turned around to form a less than stellar bullish candle. The 1.0750 level above should be resistive, but...
AUD/USD Forecast April 3, 2017, Technical Analysis
AUD/USD daily chart, April 03, 2017 The AUD/USD pair had a volatile session during the day on Friday, as the 50-day exponential moving average continues to offer support. A break above the top of the candle should...