EUR/USD Forecast September 30, 2013, Technical Analysis
The EUR/USD pair tried to rally during the session on Friday, but as you can see got be back a little bit and formed a shooting star. The 1.35 level continues to offer itself as a trading...
Month: September 2013
AUD/USD Forecast September 30, 2013, Technical Analysis
The AUD/USD pair fell during the session on Friday, continuing to pullback. However, the 0.93 level continues offer support, and therefore it’s not the market from falling any significant amount.
USD/JPY Forecast September 27, 2013, Technical Analysis
The USD/JPY pair rose during the session on Thursday, but as you can see remains underneath the 99 handle, and quite frankly in a big massive consolidation.
USD/CAD Forecast September 27, 2013, Technical Analysis
The USD/CAD pair tried to rally during the session on Thursday, but as you can see failed to hang onto the gains and closed near the 1.03 handle. The shooting star is a direct contradiction to the...
GBP/USD Forecast September 27, 2013, Technical Analysis
The GBP/USD pair fell for the third day in a row only to pop back up just as it has in the past three days. That being the case, it looks more and more like the 1.60...
EUR/USD Forecast September 27, 2013, Technical Analysis
The EUR/USD pair fell during the session on Thursday, but remains around the 1.35 level as the market tends to go sideways. This market does need a pullback a little bit though, is simply been a little...
AUD/USD Forecast September 27, 2013, Technical Analysis
The AUD/USD pair went back and forth during the session on Thursday, essentially going nowhere. We feel that this market has quite a bit of support at the 0.93 handle, so it’s very likely that the market...
USD/JPY: Rising Channel Support (September 27, 2013)
USD/JPY has been climbing slowly inside a rising channel on its 4-hour time frame, and is currently testing the bottom. In addition, price has formed a bullish divergence with higher lows while stochastic made lower lows, suggesting...
NZD/USD: Break and Retest Scenario (September 26, 2013)
NZD/USD has retreated from its recent rallies, as bulls are unable to take the pair significantly past the .8400 major psychological resistance.
USD/JPY Forecast September 26, 2013, Technical Analysis
The USD/JPY pair fell during the session on Wednesday, but really didn’t go anywhere in the end. Because of this, we feel that this market will continue to consolidate and grind sideways in the near-term, and possibly...