USD/JPY Forecast February 17, 2016, Technical Analysis
The USD/JPY pair fell during the course of the day on Tuesday, as the 115 level proved to be far too resistive. If we can break down below the bottom of the range for the session on...
Category: Daily Forex Reports
USD/CAD Forecast February 17, 2016, Technical Analysis
The USD/CAD pair initially fell during the day on Tuesday, but turned around and shot higher. By doing so, the market looks fairly healthy and it also looks as if it should reach towards the 1.40 handle....
GBP/USD Forecast February 17, 2016, Technical Analysis
The GBP/USD pair initially tried to rally during the course of the day here on Tuesday, but turned back around to form a very negative candle. With that being the case, now looks as if the GBP/USD...
EUR/USD Forecast February 17, 2016, Technical Analysis
The EUR/USD pair initially tried to rally during the day on Tuesday, but turned back around to form a bit of a shooting star. This of course is negative, and it looks like we made test the...
AUD/USD Forecast February 17, 2016, Technical Analysis
The AUD/USD pair initially tried to rally but turned back around to fall significantly during the day. The market has a larger consolidation area that extends all the way down to the 0.70 level, and we believe...
GBPUSD Bearish Flag (Feb 17, 2016)
GBPUSD suffered a sharp selloff in recent trading and is currently consolidating. A bearish flag continuation pattern can be seen on the 1-hour time frame, signaling another round of potential losses for the pair. The mast of...
USD/JPY Forecast February 16, 2016, Technical Analysis
The USD/JPY pair rose during the course of the day on Monday, as we reach towards the 115 handle. This is an area where we anticipate quite a bit of resistance to show itself again, so we...
USD/CAD Forecast February 16, 2016, Technical Analysis
The USD/CAD pair rallied a bit during the course of the session on Monday, but at this point in time it appears that we are simply not ready to go anywhere. If we can break above the...
GBP/USD Forecast February 16, 2016, Technical Analysis
The GBP/USD pair fell during the course of the day on Monday, but we still remain above the 1.44 level at this point in time. That of course is a sign that we remain within consolidation, so...
EUR/USD Forecast February 16, 2016, Technical Analysis
The EUR/USD pair fell significantly during the course of the session on Monday, in reaction to Mario Draghi suggesting that the European Central Bank could very well work against the value of the Euro as there are...