USD/JPY Forecast July 29, 2016, Technical Analysis
The USD/JPY pair went back and forth during the course of the session on Thursday, as we continue to hang about the 105 level. With this, the market looks as it could continue to find a lot...
Category: Daily Forex Reports
USD/CAD Forecast July 29, 2016, Technical Analysis
The USD/CAD pair initially fell during the course of the day but turned right back around to favor the US dollar. With this, the market looks as if it is trying to bounce around and build up...
GBP/USD Forecast July 29, 2016, Technical Analysis
The GBP/USD pair initially fell during the course of the session on Thursday, but as you can see we are still very much in consolidation. Because of this, I believe that the market will continue to go...
EUR/USD Forecast July 29, 2016, Technical Analysis
The EUR/USD pair rose slightly during the course of the session on Thursday, as we continue to show quite a bit of volatility. However, we are starting to show a bit of resistance just above, so I...
AUD/USD Forecast July 29, 2016, Technical Analysis
The AUD/USD pair rose initially during the course of the session on Thursday, but turned back around form a bit of a shooting star. We are sitting just above the 0.75 handle, and that’s an area that...
GBPUSD Symmetrical Triangle (July 29, 2016)
GBPUSD has been forming higher lows and lower highs, creating a symmetrical triangle pattern on its 1-hour time frame. Price recently bounced off the triangle support and looks ready to make another test of resistance. The 100...
USD/JPY Forecast July 28, 2016, Technical Analysis
The USD/JPY pair initially rallied during the course of the day on Wednesday but found enough resistance above to give up about half of the gains. Nonetheless, I believe it’s only a matter of time before we...
USD/CAD Forecast July 28, 2016, Technical Analysis
The USD/CAD pair broke higher during the course of the day on Wednesday, as we continue to grind around the 1.32 level. A break above the top of the range for the last couple of days is...
GBP/USD Forecast July 28, 2016, Technical Analysis
The GBP/USD pair initially fell during the day but did bounce a bit to form a slight hammer. I believe that this market is going to continue to consolidate just above the 1.30 level, so short-term buying...
EUR/USD Forecast July 28, 2016, Technical Analysis
The EUR/USD pair initially tried to rally during the course of the session here on Wednesday, but turned around to form a slightly negative candle. This is a bit of a shooting star, and that of course...