USD/JPY Forecast July 29, Technical Analysis
The USD/JPY pair fell during the session on Friday, slamming into the 98 handle. At the 98 level we see quite a bit of support though, so it doesn’t surprise us that we could not get through...
Month: July 2013
USD/CAD Forecast July 29, 2013, Technical Analysis
The USD/CAD pair had a negative session on Friday, but as you can see it just barely fell. That being the case, it looks like the market is trying to grind itself lower, and at this point...
GBP/USD Forecast July 29, 2013, Technical Analysis
The GBP/USD pair went back and forth during the session on Friday, essentially going nowhere. We are dead smack in the center between two major support and resistance levels, and as a result we don’t see a...
EUR/USD Forecast July 29, 2013, Technical Analysis
The EUR/USD pair went back and forth during the session on Friday, but as you can see got nowhere. Just above the current price action is a downtrend line that forms the top of the descending triangle,...
AUD/USD Forecast July 29, 2013, Technical Analysis
The AUD/USD pair rose during the session on Friday, but as you can see remains below the 0.93 handle. It isn’t that level that we think resistance sits and that is exactly what’s keeping the market depressed...
USD/JPY Forecast July 26, 2013, Technical Analysis
The USD/JPY pair fell hard during the session on Thursday, slamming into the 99 handle. However, we got a little bit of a bounce towards the end of the day, and this of course would be expected.
USD/CAD Forecast July 26, 2013, Technical Analysis
The USD/CAD pair fell during the session on Thursday, breaking well below the 1.03 handle yet again. At this point time, the market does look like it is struggling to fall, but in reality we feel that...
GBP/USD Forecast July 26, 2013, Technical Analysis
The GBP/USD pair went back and forth during the session on Thursday, bouncing off of the 1.5250 level as we had suspected, and went much higher at that point in time. We still think this market eventually...
EUR/USD Forecast July 26, 2013, Technical Analysis
The EUR/USD pair when higher during the session on Thursday, and broke the top of the shooting star that had formed on Wednesday. Because of this, we deftly feel that this market is going to try and...
AUD/USD Forecast July 26, 2013, Technical Analysis
The AUD/USD pair rose during the session on Thursday, gaining back much of the losses that the market incurred on Wednesday. However, we are still well within the consolidation area that we have been in, and still...