USD/JPY Forecast August 26, 2015, Technical Analysis
The USD/JPY pair fell slightly during the course of the day on Tuesday, but as you can see continues to hover around the 120 level. By doing so, it looks like the market is trying to find...
Category: Daily Forex Reports
GBP/USD Forecast August 26, 2015, Technical Analysis
The GBP/USD pair initially tried to rally during the course of the session on Tuesday, but found the 1.58 level be far too resistive. Because of this, we turned back around and we close to the day...
EUR/USD Forecast August 26, 2015, Technical Analysis
The EUR/USD pair fell during the day on Tuesday, slamming into the 1.14 handle. This was the scene of significant resistance previously, so it should now be support. If we can break back above the 1.15 level,...
AUD/USD Forecast August 26, 2015, Technical Analysis
The AUD/USD pair initially tried to rally during the course of the day on Tuesday, but found itself struggling yet again. Because of this, we believe that the market is in fact going to try to reach...
GBPAUD Pullback to 2.1500? (Aug 25, 2015)
GBPAUD made a strong break past the key resistance around the 2.1400-2.1500 levels, before zooming up to the 2.2300 area. From there, the pair showed signs of pulling back and using the Fibonacci tool on the latest...
NZDUSD Descending Triangle (Aug 24, 2015)
NZDUSD is forming a descending triangle on its 4-hour time frame, making lower highs and finding support around the .6500 major psychological level. Price just got rejected on its latest test of the triangle resistance and is...
USD/JPY Forecast August 24, 2015, Technical Analysis
The USD/JPY pair broke down during the course of the day on Friday, slicing into the 122 handle. With this, it looks like we’re going to test the uptrend line, so we are looking for some type...
USD/CAD Forecast August 24, 2015, Technical Analysis
The USD/CAD pair initially fell on Friday, but found enough support near the 1.30 level to turn things back around. By doing so, it looks as if the market is ready to continue to try to go...
GBP/USD Forecast August 24, 2015, Technical Analysis
The GBP/USD pair went back and forth during the course of the day on Friday, essentially settling on a neutral candle. However, it does look like we are trying to break higher so therefore we are buyers...
EUR/USD Forecast August 24, 2015, Technical Analysis
The EUR/USD pair initially fell during the course of the session on Friday, but turned back around and slammed into the 1.14 region. There is a significant amount of resistance here though, so it’s probably only a...