USD/CAD Forecast May 26, 2015, Technical Analysis
The USD/CAD pair broke a little bit higher during the session here on Monday, but quite frankly we continue to see a lot of noise between here and the 1.24 level. If we can get above there,...
Category: Daily Forex Reports
GBP/USD Forecast May 26, 2015, Technical Analysis
The GBP/USD pair did very little during the session on Monday, but quite frankly that’s not going to be much of a surprise. After all, the Memorial Day holiday in the United States would’ve Liquidity low, but...
EUR/USD Forecast May 26, 2015, Technical Analysis
The EUR/USD pair went back and forth during the course of the session on Monday, as we continue to bounce around the 1.10 level. This is a market that continues to be attracted to this level, an...
AUD/USD Forecast May 26, 2015, Technical Analysis
The AUD/USD pair did nothing during the session on Monday, as we found support at the 0.78 handle. With that being the case, the market looks like it could bounce a little bit from here, heading towards...
EURJPY Head and Shoulders (May 25, 2015)
EURJPY could be in for a reversal from its uptrend, as price formed a head and shoulders pattern on its 4-hour time frame. The pair is already testing the neckline support at the 134.00 major psychological mark...
USD/JPY Forecast May 25, 2015, Technical Analysis
The USD/JPY pair broke higher during the course of the session on Friday, as we are testing the 121.50 level. Because of this, it appears that the market will try to break out, and if we can...
USD/CAD Forecast May 25, 2015, Technical Analysis
The USD/CAD pair broke higher during the course of the session on Friday, breaking above the top of the resistance at the 1.2250 level. With that being the case, the market looks as if it is ready...
GBP/USD Forecast May 25, 2015, Technical Analysis
The US dollar strengthen against the British pound drastically during the session on Friday, as the GBP/USD pair tested the 1.55 level. With this, it appears that the market is testing significant support, and a serious decision...
EUR/USD Forecast May 25, 2015, Technical Analysis
The EUR/USD pair initially rallied during the session on Friday, testing the 1.12 handle. However, the market turned back around and fell hard, crashing into the 1.10 level. With that, it appears that the market is testing...
AUD/USD Forecast May 25, 2015, Technical Analysis
The AUD/USD pair fell hard during the session on Friday, but as you can see the 0.75 level continues to offer a bit of support as it had previously. With this, we believe that the market is...