USD/JPY Forecast March 8, 2016, Technical Analysis
The USD/JPY pair fell just a little bit during the course of the session here on Monday, but we are still very much in the way of consolidation, so having said that it is probably best to...
Category: Daily Forex Reports
USD/CAD Forecast March 8, 2016, Technical Analysis
The USD/CAD pair initially tried to rally during the course of the day on Monday, as we continue to see the oil markets rally and of course the Canadian dollar strengthened. With this, we still believe that...
GBP/USD Forecast March 8, 2016, Technical Analysis
The GBP/USD pair initially fell during the day on Monday, but turned back around to form a very positive candle. The hammer suggests that we are going to go higher, but the biggest problem that we have...
EUR/USD Forecast March 8, 2016, Technical Analysis
The EUR/USD pair initially fell during the day on Monday but found enough support below to turn things around and form a hammer. It now looks like we are trying to break above the 1.1050 level, and...
AUD/USD Forecast March 8, 2016, Technical Analysis
The AUD/USD pair continued to break higher during the course of the day on Monday, testing the 0.75 level. If we can break above there, we should continue to go much higher, but quite frankly we are...
EURGBP Major Correction (Mar 08, 2016)
EURGBP has been rallying for the past few weeks but it looks like a large correction is underway. Price found resistance around the .7900 mark and is showing signs of a pullback to the area of interest...
EURJPY Uptrend Confirmation (Mar 7, 2016)
EURJPY recently formed a reversal pattern on its 1-hour time frame, signaling that an uptrend might take place. Price just broke above the double bottom neckline at 125.00, confirming that further gains are in the cards. The...
USD/JPY Forecast March 7, 2016, Technical Analysis
The USD/JPY pair initially fell during the course of the session on Friday, but turned back around to form a bit of a neutral candle. It now looks as if we are going to try to break...
USD/CAD Forecast March 7, 2016, Technical Analysis
The USD/CAD pair initially tried to rally during the course of the day on Friday, but found the 1.35 level a bit too resistive and then we broke down significantly. With this being the case, looks as...
GBP/USD Forecast March 7, 2016, Technical Analysis
The GBP/USD pair initially fell during the course of the day on Friday, but then shot higher in order to form a positive candle. It looks as if the market should continue to go little bit higher,...