EURUSD Forecast February 18, 2016, Technical Analysis
The EURUSD pair initially fell during the course of the day on Wednesday, but found enough support just below to turn things back around and form a hammer.
ETF
AUDUSD Forecast February 18, 2016, Technical Analysis
The AUDUSD pair broke higher during the course of the session on Wednesday, but still remains below the 0.72 level, an area that we see as the “ceiling” in this market.
EURUSD Forecast February 17, 2016, Technical Analysis
The EURUSD pair initially tried to rally during the day on Tuesday, but turned back around to form a bit of a shooting star.
AUDUSD Forecast February 17, 2016, Technical Analysis
The AUDUSD pair initially tried to rally but turned back around to fall significantly during the day.
The Weekly YM Provides A More Balanced View
As each new year comes around, and we celebrate the new and say goodbye to the old, as traders we are never sure what it is precisely we are welcoming in, or indeed saying goodbye too.
EURUSD Forecast February 16, 2016, Technical Analysis
The EURUSD pair fell significantly during the course of the session on Monday, in reaction to Mario Draghi suggesting that the European Central Bank could very well work against the value of the Euro as there are a lot of concerns with the marketplace now.
AUDUSD Forecast February 16, 2016, Technical Analysis
The AUDUSD pair initially tried to rally during the day on Monday, but turned back around to show a bit of a shooting star.
USDJPY Downtrend Setup Feb 15, 2016
USDJPY has been trending lower in the past few days, moving below a descending trend line on its 1-hour time frame.
EURUSD Forecast February 9, 2016, Technical Analysis
The EURUSD pair went back and forth during the course of the day on Monday, ultimately showing quite a bit of support just above the 1.1050 level.
AUDUSD Forecast February 9, 2016, Technical Analysis
The AUDUSD pair went back and forth during the course of the session on Monday, showing that there is quite a bit of confusion in this market.