EUR/USD Forecast July 15, 2014, Technical Analysis
The EUR/USD pair tried to rally during the session on Monday, but as you can see gave back about half of the gains in order to form a shooting star. The shooting star as you can see...
Category: Daily Forex Reports
AUD/USD Forecast July 15, 2014, Technical Analysis
The AUD/USD pair rose during the course of the session on Monday, but didn’t really cause too much in the way of a splash with the tight trading range. That being the case, we are still bullish...
Has the British Pound rallied too far? – Paxforex
The British Pound has rallied very strong so far this year. The rally has been a continuation of strong bullish trends which emerged in the second-half of 2013. The rally has been largely fueled as forex traders...
USD/JPY Forecast July 14, 2014, Technical Analysis
The USD/JPY pair went back and forth during the course of the session on Friday, showing that the 101 level is still supportive enough to keep this market afloat, and that we are still within the consolidation...
USD/CAD Forecast July 14, 2014, Technical Analysis
The USD/CAD pair initially fell during the session on Friday, but after the Canadian jobs numbers came out negative, the Canadian dollar get absolutely pummeled. The uptrend line just below held the market up as well, and...
GBP/USD Forecast July 14, 2014, Technical Analysis
The GBP/USD pair went back and forth during the session on Friday, essentially settling nothing. The 1.71 level did offer enough support to keep the market somewhat afloat though, so appears that we are simply taking a...
EUR/USD Forecast July 14, 2014, Technical Analysis
EUR/USD pair went back and forth during the course of the session on Friday, essentially hugging the 1.36 level again. That being the case, the market still seems like it’s essentially stuck at fair value, as the...
AUD/USD Forecast July 14, 2014, Technical Analysis
The AUD/USD pair tried to rally during the session on Friday, but as you can see really can go anywhere in the end. The market looks like it’s very resistive just above, so it is not until...
USD/JPY Forecast July 10, 2014, Technical Analysis
The USD/JPY pair initially when higher during the course of the session on Wednesday, but pullback later in the day in order to form a slightly less positive candle. With that, the market looks as if there...
USD/CAD Forecast July 10, 2014, Technical Analysis
The USD/CAD pair had a negative session on Wednesday, but as you can see still respects the positive trend line that the market has been following for some time. With this, we feel that the market should...