USD/CAD Forecast July 4, 2013, Technical Analysis
The USD/CAD pair fell during the session on Wednesday, but as you can see we remain above the 1.05 handle, and as a result we think this market is winding its way up higher, and will eventually...
Month: July 2013
GBP/USD Forecast July 4, 2013, Technical Analysis
The GBP/USD pair rallied hard during the session on Wednesday, slicing through the 1.5250 level like it wasn’t even there. That being the case, this market does look like it’s trying to bounce from here significantly, and...
EUR/USD Forecast July 4, 2013, Technical Analysis
The EUR/USD pair fell during the balance of the session on Wednesday, but as you can see bounced enough to form a pretty nice looking hammer just and the 1.30 handle.
AUD/USD Forecast July 4, 2013, Technical Analysis
The AUD/USD pair initially rallied during the session on Wednesday, but as you see fell through the most recent support area and continues to fall towards the 0.90 handle. That area of course is a massive support...
NZD/USD Scalping Range Setup (July 3, 2013)
NZD/USD has been moving sideways on its 1-hour time frame, as the pair found support around the .7720 level and resistance near .7830. The pair is currently moving closer to the bottom of the range and getting...
USD/JPY Forecast July 3, 2013, Technical Analysis
The USD/JPY pair rose during the session on Tuesday, breaking above the 100 handle finally, as we expected. This market looks like it’s ready to head into another leg higher, but it should be noted that the...
USD/CAD Forecast July 3, 2013, Technical Analysis
The USD/CAD pair had a positive session on Tuesday again, breaking above the 1.0550 handle that we had suggested would be resistive. However, we could not stay above that area, and as a result the market looks...
GBP/USD Forecast July 3, 2013, Technical Analysis
The GBP/USD pair fell during the session on Tuesday, breaking down to the 1.5150 handle or so, showing that this market is continued selloff and perhaps head towards the 1.50 handle before it’s all said and done.
EUR/USD Forecast July 3, Technical Analysis
The EUR/USD pair fell during the session on Tuesday, breaking below the 1.30 handle again. However, the next two days should be relatively quiet in North America as the Americans are celebrating Independence Day, and because of...
AUD/USD Forecast July 3, 2013, Technical Analysis
The AUD/USD pair fell hard during the session on Tuesday, as we continue to grind around just above the 0.9150 level. This area has been supportive recently, and as a result we feel that the market is...