GBP/USD Forecast July 10, 2014, Technical Analysis
The GBP/USD pair initially fell during the session on Wednesday, but as you can see we bounced yet again in order to form a hammer. This market simply looks like it does not want to fall, and...
Category: Daily Forex Reports
EUR/USD Forecast July 10, 2014, Technical Analysis
The EUR/USD pair initially fell during the session on Wednesday, but ended up bouncing in order to form a fairly positive candle. We are still stuck between the 1.36 handle and the 1.37 handle, so we are...
AUD/USD Forecast July 10, 2014, Technical Analysis
The AUD/USD pair went back and forth on the session for Wednesday, ultimately settling for a basically unchanged session. The candle looks a bit like a hammer, and probably means roughly the same thing considering that we...
USD/JPY Forecast July 9, 2014, Technical Analysis
The USD/JPY pair fell during the course of the session on Tuesday, testing the 101.50 level. With that being the case, it makes it appear to us as if there should be a bit of support just...
USD/CAD Forecast July 9, 2014, Technical Analysis
The USD/CAD pair went back and forth on Tuesday, showing a little bit of support at the end of the day in order to perhaps justify the positive candle that we had seen printed on Monday. We...
GBP/USD Forecast July 9, 2014, Technical Analysis
The GBP/USD pair initially fell during the session on Tuesday, but found enough support below in order to turn things back around and form a hammer yet again. We have been bullish of this pair for some...
EUR/USD Forecast July 9, 2014, Technical Analysis
The EUR/USD pair initially fell during the session on Tuesday, but found enough support below to turn things back around and form a hammer. This hammer suggests that the market is ready to go higher, perhaps testing...
AUD/USD Forecast July 9, 2014, Technical Analysis
The AUD/USD pair broke higher during the day on Tuesday, clearing the top of the Monday hammer. We suggested that this market would go higher, and it did exactly that. However, we have a significant amount of...
USD/JPY Forecast July 8, 2014, Technical Analysis
The USD/JPY pair fell during the session on Monday, but as you can see really remains mired in a significant amount of consolidation. With that, we don’t necessarily have a trade at this moment in time, but...
USD/CAD Forecast July 8, 2014, Technical Analysis
The USD/CAD pair initially fell during the session on Monday, but found support at the exact same place that we have several times in a row. On top of that, there is an uptrend line that the...