GBP/USD Forecast March 26, 2014, Technical Analysis
The GBP/USD pair rose during the session on Tuesday, using the 1.65 level as a bit of a springboard. With that being the case, we feel that this market is in fact going to grind higher, but...
Category: Daily Forex Reports
EUR/USD Forecast March 26, 2014, Technical Analysis
The EUR/USD pair tried to fall apart during the session on Tuesday, but as you can see the 1.3750 level offered enough support to push the market higher, and move it back enough to form a hammer....
AUD/USD Forecast March 26, 2014, Technical Analysis
The AUD/USD pair rose during the session on Tuesday, breaking above the 0.9150 handle. This is a trigger for us, and we believe that this market is now going to head to the 0.9250 level. That being...
NZD/USD Uptrend To Resume? (March 25, 2014)
NZD/USD is still in an uptrend, with the rising trend line on the 1-hour time frame very much intact. Positive carry, thanks to the recent RBNZ interest rate hike, is keeping the pair afloat in the near...
USD/JPY Forecast March 25, 2014, Technical Analysis
The USD/JPY pair tried to rally during the session on Monday, but as you can see found way too much in the form of resistance at the 102.50 level. Because of this, the market pullback informed a...
USD/CAD Forecast March 25, 2014, Technical Analysis
The USD/CAD pair fell during the bulk of the session on Monday, but as you can see is still elevated from where we had been trading. With that in mind, we feel that supportive candles will be...
GBP/USD Forecast March 25, 2014, Technical Analysis
The GBP/USD pair went back and forth during the session on Monday, essentially hugging the 1.65 handle. That being the case, the market appears like it’s trying to find some type of base around here, which is...
EUR/USD Forecast March 25, 2014, Technical Analysis
The EUR/USD pair bounce during the session on Monday, breaking above the 1.38 level by the end of the day, but giving back quite a bit of the gains nonetheless. Because of this, we feel that this...
AUD/USD Forecast March 25, 2014, Technical Analysis
The AUD/USD pair initially fell during the session on Monday, but found enough support at the 0.9050 level to turn things back around and send the market higher. Ultimately, this formed a hammer that should send this...
EUR/USD Channel Support Retest (March 24, 2014)
EUR/USD recently broke below a key support zone around the bottom of the rising channel on the 1-hour time frame and the 1.3800 major psychological level. This could be indicative of more losses for the pair, but...