The AUD/USD pair fell significantly during the session on Wednesday, taking back most of the gains from the Tuesday session. This being the case, the market looks as if it’s trying to find support at the site...
The rising channel on AUD/USD’s 1-hour forex chart is still holding and it appears the pair found resistance at the .9500 major psychological level, which lines up with the top of the channel. At the same time,...
The USD/JPY pair rose during the course of the session on Tuesday, showing the support that we had anticipated previously. The fact that this market now shows support suggests to us that in fact the longer-term consolidation...
The USD/CAD pair fell during the session on Tuesday, but remains above the 1.06 handle. It is not until we clear that area to the downside that we are comfortable selling. In fact, with the nonfarm payroll...
The GBP/USD pair continued its bullish move on Tuesday, breaking above the 1.7150 level. The action from the Tuesday session suggests that the market is in fact going to continue going higher, as we try to get...
The EUR/USD pair fell during the session on Tuesday, as the 1.37 level did in fact offer resistance. This is been the case for this level for some time now, and although we did shoot through quite...
The AUD/USD pair did in fact have a strong move during the session on Tuesday, but failed to break above the 0.95 level. Because of this, we are a bit hesitant to go long at this point...
Each week and calendar month, quantitative analysis is used to determine certain probable price movements which can be forecasted. Previous Monthly Forecast for June 2014 I forecasted that during June, it was probable that AUD/SEK would rise....
The downtrend of EUR/AUD is still intact, as the pair is trading below a falling trend line on its 4-hour time frame. However, the upcoming events this week could be crucial in determining whether this trend will...
The USD/JPY pair fell during the session on Monday, dipping below the 101.50 level. The area below is rather supportive level, so we don’t necessarily anticipate selling this market anytime soon. Because of this, we feel that...
