GBP/USD Forecast September 25, 2014, Technical Analysis
The GBP/USD pair fell during the course of the day on Wednesday, but as you can see remains above the support of 1.63 level. With that being the case, the market looks as if the gap below...
Category: Daily Forex Reports
EUR/USD Forecast September 25, 2014, Technical Analysis
The EUR/USD pair fell during the course of the day on Wednesday, breaking below the 1.28 level. However, the 1.28 level is in the isn’t the be-all end-all of support, it is just simply a major spot...
AUD/USD Forecast September 25, 2014, Technical Analysis
The AUD/USD pair tried to rally a bit during the session on Wednesday, but as you can see only bounce slightly. Quite frankly, this is a market that looks very be down, and we think that rallies...
USDCAD Rising Channel Resistance (Sept 25, 2014)
USDCAD is moving inside a rising channel on its 1-hour time frame, indicating that the uptrend is getting stronger. However, price has just encountered resistance at the top of the channel and may be due south. ...
USD/JPY Forecast September 24, 2014, Technical Analysis
The USD/JPY pair initially fell during the course of the day on Tuesday, but found enough support below the 109 level to turn things back around and form a hammer. Every time this market drops, people step...
USD/CAD Forecast September 24, 2014, Technical Analysis
The USD/CAD pair initially fell during the course of the day on Tuesday, but found the 1.10 reason to be supportive again. With that, it appears that the market turned back around and form a hammer suggests...
GBP/USD Forecast September 24, 2014, Technical Analysis
The GBP/USD pair initially fell during the course of the day on Tuesday, but found enough support at the 1.63 handle to turn things back around and form a hammer. This is an excellent place to see...
EUR/USD Forecast September 24, 2014, Technical Analysis
The EUR/USD pair broke higher during the course of the day on Tuesday, but found enough resistance near the 1.29 level to turn things back around and form a shooting star. The shooting star of course is...
AUD/USD Forecast September 24, 2014, Technical Analysis
The AUD/USD pair initially tried to rally during the course of the day on Tuesday, but found the markets disagreeable. With that, we have broken down below the bottom of the hammer from the Monday session, and...
NZDUSD Testing Key Support Area (Sept 24, 2014)
NZDUSD might be due for a strong bounce, as the pair is testing the bottom of the ascending trend channel on its daily time frame. Trade balance from New Zealand came in better than expected as it...