USD/CAD Forecast March 10, 2015, technical analysis
The USD/CAD pair tried to fall during the course of the session on Monday, but found a little bit of support below, and formed a bit of a hammer. Because of this, the market looks as if...
Category: Daily Forex Reports
GBP/USD Forecast March 10, 2015, technical analysis
The GBP/USD pair rose during the course of the session on Monday, as we bounced significantly above the 1.50 level. This is an area that should be massively supportive, based upon the large, round, psychologically significant number....
EUR/USD Forecast March 10, 2015, technical analysis
The EUR/USD pair initially tried to rally during the course of the day on Monday, but found the sellers far too stringent, and then pullback to form a bit of a shooting star. The shooting star at...
AUD/USD Forecast March 10, 2015, technical analysis
The AUD/USD pair tried to rally during the course of the session on Monday, but you back most of the gains in ended up forming a shooting star. The shooting star at the bottom of a downtrend...
GBPJPY Forex Retracement (Mar 10, 2015)
GBPJPY showed increased downside momentum recently, as price broke below a major support zone and dipped close to the 181.00 mark. The pair seems to be in the middle of a retracement right now, as price pulled...
USDJPY Upside Momentum (Mar 9, 2015)
USDJPY broke above the ascending triangle resistance on its 1-hour chart and confirmed the bullish momentum for the pair. This occurred after the stronger than expected US NFP report was released, increasing speculations for a Fed rate...
USDJPY Triangle Pattern (Mar 6, 2015)
USDJPY could be gearing up for another strong breakout, as the pair is moving inside an ascending triangle pattern on its 1-hour chart. Price is currently testing the top of the formation, still deciding whether to make...
USD/JPY Forecast March 6, 2015, Technical Analysis
The USD/JPY pair broke higher during the course of the session on Thursday, clearing the 120 handle. However, with the nonfarm payroll numbers coming out today, it’s very likely that the market should continue to tread water...
USD/CAD Forecast March 6, 2015, Technical Analysis
The USD/CAD pair initially tried to fall during the session on Thursday, but bounced back towards the 1.25 handle. With that, the market looks as if it is ready to continue the volatility, but with today being...
GBP/USD Forecast March 6, 2015, technical analysis
The GBP/USD pair went back and forth during the session on Thursday, showing that the 1.52 level below continues to be supportive. In fact, it is not until we break down below there that we would feel...