USD/JPY Forecast April 13, 2015, Technical Analysis
The USD/JPY pair broke down a little bit during the session on Friday, but as you can see is simply grinding away to the side. With that being the case, the market looks like it’s a little...
Category: Daily Forex Reports
USD/CAD Forecast April 13, 2015, Technical Analysis
The USD/CAD pair initially broke higher during the course of the session on Friday, but turned back around to form a massively bearish shooting star. At the end of the day though, we think this will simply...
GBP/USD Forecast April 13, 2015, Technical Analysis
The GBP/USD pair broke down during the course of the session on Friday, as we need a fresh, new low. Ultimately, we believe that this market heads down to the 1.45 level, and that rallies should offer...
EUR/USD Forecast April 13, 2015, Technical Analysis
The EUR/USD pair fell during the session on Friday, as we continue to drive down towards the 1.05 handle. That is an area that should be supportive overall, but we do believe that eventually this market will...
AUD/USD Forecast April 13, 2015, Technical Analysis
The AUD/USD pair fell during the course of the day on Friday, but bounced slightly in order to form a bit of a hammer. Ultimately though, we have no interest in buying this pair and we believe...
USD/JPY Forecast April 10, 2015, Technical Analysis
The USD/JPY pair initially fell during the course of the session on Thursday, but for the second day in a row found enough support below to turn things back around and form a nice-looking hammer. It looks...
USD/CAD Forecast April 10, 2015, Technical Analysis
The USD/CAD pair eventually rose during the session on Thursday, but not after dipping slightly. By doing so, we have formed a hammer like candle yet again and have broken above the 1.26 level during the session....
GBP/USD Forecast April 10, 2015, Technical Analysis
The GBP/USD pair broke down during the session on Thursday, slicing all the way down to the 1.47 handle. The candle is long in red, so quite frankly it does look like we will more than likely...
EUR/USD Forecast April 10, 2015, Technical Analysis
The EUR/USD pair broke down during the session on Thursday, clearing the most recent low. Because of this, it appears that the Euro will continue to fall, probably heading to the 1.05 level. We have no interest...
AUD/USD Forecast April 10, 2015, Technical Analysis
The AUD/USD pair tried to rally during the course of the day on Thursday, but turned back around at the 0.77 handle to form a nice-looking shooting star. We believe that this market breaks down below the...