USD/CAD Forecast July 25, 2016, Technical Analysis
The USD/CAD pair broke higher during the course of the session on Friday, as we have shown quite a bit of bullish pressure and not only the US dollar, but also we have seen quite a bit...
Category: Daily Forex Reports
USD/JPY Forecast July 25, 2016, Technical Analysis
The USD/JPY pair initially tried to rally during the course of the session on Friday, but stalled in the middle of the day. At this point in time, looks as if the 105 level will be tested...
EUR/USD Forecast July 25, 2016, Technical Analysis
The EUR/USD pair broke down below the bottom of a couple of hammers during the Friday session, so therefore if you we are getting ready to go even lower. I think that the 1.09 level will be...
GBP/USD Forecast July 25, 2016, Technical Analysis
The British pound fell again during the day on Friday, as we continue to grind our way down towards the 1.30 and a. There is quite a bit of support just below though, so having said that...
AUD/USD Forecast July, 25, 2016, Technical Analysis
The AUD/USD pair fell during the course of the day on Friday, as we continue to see this market soften. However, there is quite a bit of support just below as there is quite a bit of...
USDJPY Descending Channel (July 25, 2016)
USDJPY has been trending lower on its longer-term time frames, moving inside a descending channel on its daily time frame. Price is currently testing the channel resistance at the 106.50-107.00 area, which lines up with a former...
USD/JPY Forecast July 22, 2016, Technical Analysis
The USD/JPY pair fell during the day on Thursday, testing the 105 level. This is an area that previously had been resistive and should now offer a bit of support. A supportive candle at this point in...
USD/CAD Forecast July 22, 2016, Technical Analysis
The US dollar initially fell against the Canadian dollar during the day on Thursday but turned around to form a bit of a hammer. The hammer suggests that we are going to go higher from here but...
GBP/USD Forecast July 22, 2016, Technical Analysis
The GBP/USD pair went back and forth during the course of the day on Thursday, as we continue to bounce around. Anytime a bounce from here should run into a buzz all of resistance though, as the...
EUR/USD Forecast July 22, 2016, Technical Analysis
The EUR/USD pair went back and forth during the course of the session on Thursday, as we continue to bounce around the 1.10 level. This is an area that has been very supportive recently, and of course...