USD/CAD Forecast October 26, 2016, Technical Analysis
The USD/CAD pair went back and forth during the day on Tuesday, as we continue to see quite a bit of volatility in this market. We recently had a nice move higher, and I believe at this...
Category: Daily Forex Reports
GBP/USD Forecast October 26, 2016, Technical Analysis
The GBP/USD pair fell during the day on Tuesday, but bounced enough to form a bit of a hammer. It makes a lot of sense that we would see it here, because the 1.20 level is still...
EUR/USD Forecast October 26, 2016, Technical Analysis
The EUR/USD pair initially fell during the course of the day on Tuesday, but found the 1.0850 level to be supportive enough to turn things around and form a bit of a hammer. The hammer of course...
AUD/USD Forecast October 26, 2016, Technical Analysis
The AUD/USD pair rallied during the day on Tuesday, breaking above the top of the shooting star from the Monday session. Ultimately, if we can break above the top of the candle from the session on Tuesday,...
EURAUD Triangle Pullback (Oct 26, 2016)
EURAUD recently broke below the short-term triangle consolidation pattern. Price dipped to a low of 1.4125 before showing signs of pulling up and using the Fib tool on the breakout move shows that the 61.8% level is...
USD/JPY Forecast October 25, 2016, Technical Analysis
The USD/JPY pair initially fell during the day on Monday, but turned around to form a green and bullish candle. However, we have not broken out and I still think that there is a significant amount of...
USD/CAD Forecast October 25, 2016, Technical Analysis
The USD/CAD pair rallied slightly during the day on Monday, as we continue to see bullish pressure in this market and the Canadian dollar continues to fall as energy markets are looking a bit heavy at this...
GBP/USD Forecast October 25, 2016, Technical Analysis
The GBP/USD pair went back and forth during the course of the day on Monday, as the market simply seems to be stabilizing around the 1.22 handle at the moment. However, I do recognize that there is...
EUR/USD Forecast October 25, 2016, Technical Analysis
The EUR/USD pair initially fell during the course of the day on Monday, but found enough support at the lows again to bounce. Ultimately, looks like we could bounce a little further but I’m waiting to see...
AUD/USD Forecast October 25, 2016, Technical Analysis
The Australian dollar initially tried to rally on Monday but turned right back around and sold off all of the gains. It appears that we will probably try to reach down towards the bottom of the recent...