USD/JPY Forecast March 2, 2015, Technical Analysis
The USD/JPY pair tried to rally during the course of the session on Friday, and while we do keep quite a bit of the gains, we are still below the 120 level. The 120 level represents a...
Month: February 2015
USD/CAD Forecast March 2, 2015, Technical Analysis
The USD/CAD pair went back and forth during the course of the session on Friday, as we continue to hug the 1.25 handle. Because of this, the market looks as if it is simply going to grind...
GBP/USD Forecast March 2, 2015, Technical Analysis
The GBP/USD pair fell during the course of the session on Friday, but as you can see found enough support at the 1.54 level to turn things back around and form a hammer. With that, it appears...
EUR/USD Forecast March 2, 2015, Technical Analysis
EUR/USD pair tried to rally during the course of the session on Friday, but as you can see gave back all of the gains to close just below the 1.12 handle. The resulting candle is a shooting...
AUD/USD Forecast March 2, 2015, Technical Analysis
The AUD/USD pair tried to break higher during the course of the session on Friday, but as you can see could not hang onto the gains above the 0.78 level. By doing so, it formed a shooting...
USD/JPY Forecast February 27, 2015, Technical Analysis
The USD/JPY pair initially fell during the course of the session on Thursday, but found enough support below the 190 level to turn things back around and form a fairly positive looking candle. Ultimately, the market looks...
USD/CAD Forecast February 27, 2015, Technical Analysis
The USD/CAD pair initially fell during the course of the session on Thursday, but found enough support to pop back over the 1.25 handle. Because of this, we believe that the market will continue to go higher...
GBP/USD Forecast February 27, 2015, Technical Analysis
The GBP/USD pair fell hard during the session on Thursday, forming a massively large red candle. With that, we feel that the market is getting ready to break down from here and that the 1.55 level has...
EUR/USD Forecast February 27, 2015, Technical Analysis
EUR/USD pair fell hard during the session on Thursday, breaking below the 1.12 handle. Because of this it appears that the market is ready to continue going lower, probably down to the 1.11 handle. We believe that...
AUD/USD Forecast February 27, 2015, Technical Analysis
The AUD/USD pair broke higher during the course of the session on Thursday, testing the 0.79 handle. We did up falling from there though, and forming a relatively significant bearish candle. With that, the market looks as...