USD/CAD Forecast June 10, 2016, Technical Analysis
The USD/CAD pair rallied during the day on Thursday, but gave back a little bit of the gains towards the end of the day. The oil markets pulled back, so it makes sense that we did get...
Category: Daily Forex Reports
GBP/USD Forecast June 10, 2016, Technical Analysis
The GBP/USD pair fell during the day on Thursday, as we broke down below the 1.45 handle. That is a negative sign, and as a result I believe that the market is going to continue to drop,...
EUR/USD Forecast June 10, 2016, Technical Analysis
The EUR/USD pair broke down during the day on Thursday, forming an outside bearish candle. This is a negative sign, but at the end of the day I think there’s plenty of support below so I actually...
AUD/USD Forecast June 10, 2016, Technical Analysis
The AUD/USD pair fell during the course of the session on Thursday, testing the 0.74 level. There is a significant amount of support at that area as we have seen quite a bit of resistance there as...
EURUSD Long-Term Range (June 10, 2016)
EURUSD has been trending higher recently but looking at the longer-term time frames shows that the pair is actually hitting the top of its range. On its daily chart, it can be seen that the pair has...
USD/JPY Forecast June 9, 2016, Technical Analysis
The USD/JPY pair fell a bit during the day on Wednesday, but did bounce before was all said and done. Because of this, looks like we are ready to consolidate at this point in time. We have...
USD/CAD Forecast June 9, 2016, Technical Analysis
The USD/CAD pair fell rather drastically during the day on Wednesday as oil markets broke out finally. Because of this, the US dollar should continue to fall against the Canadian dollar, as we reach towards the 1.25...
GBP/USD Forecast June 9, 2016, Technical Analysis
The GBP/USD pair initially tried to rally during the day on Wednesday but turn right back around to form a shooting star. The shooting star as you can see sits just above the 1.45 level, so I...
EUR/USD Forecast June 9, 2016, Technical Analysis
The EUR/USD pair rose during the day on Wednesday, breaking above the 1.14 level. This is a good sign, as it appears that the Euro will try to reach towards the 1.15 level again. We believe that...
AUD/USD Forecast June 9, 2016, Technical Analysis
The AUD/USD pair broke higher during the course of the day on Wednesday, as we continue to see bullish pressure on the Australian dollar itself. Gold markets had a very good day, so that should transfer into...