USD/CAD Forecast November 13, 2015, Technical Analysis
The USD/CAD pair rose during the course of the day on Thursday, breaking above the 1.33 handle. Although we did not keep all of the gains, the reality is that the market looks as if it is...
Category: Daily Forex Reports
GBP/USD Forecast November 13, 2015, Technical Analysis
The USD/GBP pair initially fell during the course of the day on Thursday, breaking back below the 1.52 level. However, we found enough support below to turn things back around and form a significant hammer. The hammer...
EUR/USD Forecast November 13, 2015, Technical Analysis
The EUR/USD pair went back and forth during the day on Thursday, ultimately forming a bit of a hammer. This market looks as if it is ready to bounce from here, and as a result we will...
AUD/USD Forecast November 13, 2015, Technical Analysis
The AUD/USD pair initially fell on Thursday but found enough support to turn things back around and form a bit of a hammer. This suggests that the market is going to continue going higher, and if it...
AUDCAD Long-Term Channel Bounce (Nov 13, 2015)
AUDCAD is slowly trending higher on its 4-hour time frame, just having bounced off the bottom of the range at the .9300 major psychological level. A short-term double bottom pattern can be seen, indicating that further rallies...
USD/JPY Forecast November 12, 2015, Technical Analysis
The USD/JPY pair went back and forth during the course of the session on Wednesday, ultimately forming a bit of a shooting star. Having said that though, the market looks as if it is still very bullish...
USD/CAD Forecast November 12, 2015, Technical Analysis
The USD/CAD pair initially fell during the day on Wednesday, but then turned back around to form a bit of a positive candle. It looks as if the market is ready to continue grinding higher and we...
GBP/USD Forecast November 12, 2015, Technical Analysis
The GBP/USD pair fell significantly during the course of the day on Wednesday, but then turned back around to slam into the 1.52 level. Ultimately, we ended up forming a bit of a hammer, and that of...
EUR/USD Forecast November 12, 2015, Technical Analysis
The EUR/USD pair fell slightly during the course of the session on Wednesday, but remains within the hammer that had formed on Tuesday. Because of this, we could get a bit of a bounce but quite frankly...
AUD/USD Forecast November 12, 2015, Technical Analysis
The AUD/USD pair fell slightly during the course of the session on Wednesday, as we continue to consolidate just above the 0.70 level. With this, it’s very likely that the market could bounce from here, but we...