USD/JPY Forecast April 1, 2015, Technical Analysis
The USD/JPY pair fell during the session on Tuesday, but found enough support just below the 120 level to turn things back around and form a bit of a hammer. Because of this, if we can break...
Category: Daily Forex Reports
USD/CAD Forecast April 1, 2015, Technical Analysis
The USD/CAD pair initially went much higher during the course of the session on Tuesday, but turned back around to form a shooting star. However, the shooting star suggests not weakness, but a continuation of the consolidation...
GBP/USD Forecast April 1, 2015, Technical Analysis
The GBP/USD pair rallied during the session on Tuesday, but lost about half of the gains. The area just above is massively resistive, so what we are waiting for is a break down below the bottom of...
EUR/USD Forecast April 1, 2015, Technical Analysis
The EUR/USD pair fell during the course of the day on Tuesday, as we are now below the 1.0750 handle. With this, we believe that the Euro continues to fall, and will eventually test the 1.05 level...
AUD/USD Forecast April 1, 2015, Technical Analysis
The AUD/USD pair went back and forth during the session on Tuesday, testing the 0.76 level. However, this is a market that looks like it wants to break down, and given enough time we believe it will....
USD/JPY Forecast March 31, 2015, Technical Analysis
The USD/JPY pair had a very strong session on Monday, slicing through the 120 level during US trading. That being the case, the market looks very bullish and if we can break above the top of the...
USD/CAD Forecast March 31, 2015, Technical Analysis
The USD/CAD pair broke higher during the course of the session on Monday as we continue to see bullishness in this market. Quite frankly, the oil markets are doing absolutely nothing to benefit the Canadian dollar right...
GBP/USD Forecast March 31, 2015, Technical Analysis
The GBP/USD pair initially fell during the session on Monday, and sliced below the 1.48 level to start showing weakness. However, we found enough support there to turn things back around and form a hammer. This hammer...
EUR/USD Forecast March 31, 2015, Technical Analysis
The EUR/USD pair broke down a little bit during the session on Monday, as the market is now testing the 1.08 handle. If we can get below that number, we believe that this market will then head...
AUD/USD Forecast March 31, 2015, Technical Analysis
The AUD/USD pair fell during the course of the day on Monday, and as you can see broke down below the 0.77 handle. We recognize that there is a lot of noise just below, so even though...