USD/JPY Forecast August 13, 2015, Technical Analysis
The USD/JPY pair fell hard during the course of the day on Wednesday, slicing back below the 1.5 handle. However, we did get a bit of a bounce near the 123.50 level to show bits of support....
Category: Daily Forex Reports
USD/CAD Forecast August 13, 2015, Technical Analysis
The USD/CAD pair fell hard during the course of the session on Wednesday, but found support at the 1.30 level. With this, we feel that the buyers are coming back into this marketplace and it’s probably time...
GBP/USD Forecast August 13, 2015, Technical Analysis
The GBP/USD pair broke higher during the course of the day on Wednesday, slamming into the top of the resistance of this consolidation area again. We believe that the 100 day exponential moving average below continues offer...
EUR/USD Forecast August 13, 2015, Technical Analysis
The EUR/USD pair broke higher during the course of the session in a massive show strength on Wednesday. The 1.12 level was targeted and head, but it offered enough resistance to turn the market back around and...
AUD/USD Forecast August 13, 2015, Technical Analysis
The AUD/USD pair broke higher during the course of the session on Wednesday, bouncing off of extreme lows near the 0.7250 level. However, we have plenty of resistance above and as a result we feel it’s only...
USDCHF Rising Channel (Aug 13, 2015)
USDCHF is still trending higher on its 4-hour chart, as the price dropped to the bottom of the rising channel then bounced off support. This could take the pair back up to the top of the range...
USD/JPY Forecast August 12, 2015, Technical Analysis
The USD/JPY pair broke higher during the course of the session on Tuesday, clearing the 125 handle. Because of this, it appears that the market is going to continue to go higher over the longer term again....
USD/CAD Forecast August 12, 2015, Technical Analysis
The USD/CAD pair initially fell during the course of the session on Tuesday, testing the 1.30 level for support. That level was massive resistive previously, so it should now be supportive. This was the long-term resistance barrier...
GBP/USD Forecast August 12, 2015, Technical Analysis
The GBP/USD pair initially tried to rally during the course of the session on Tuesday, but found enough resistance to the 1.56 level to turn things back around and form a shooting star. The shooting star of...
EUR/USD Forecast August 12, 2015, Technical Analysis
The EUR/USD pair broke higher during the course of the session on Tuesday, clearing the 1.10 level. With this, the market then reached towards the 1.11 handle, but found a bit of resistance. With this, we believe...