USDJPY Forecast July 16, 2015, Technical Analysis
The USDJPY pair rose during the course of the session on Wednesday, breaking above the 1.3 .50 handle.
ETF
EURUSD Forecast July 16, 2015, Technical Analysis
The EURUSD pair initially tried to rally during the course of the day on Wednesday, but found the area above the 1.10 level to be a bit too expensive.
AUDUSD Forecast July 16, 2015, Technical Analysis
The AUDUSD pair fell during the course of the session on Wednesday, breaking to a fresh, new low.
EURUSD Forecast July 14, 2015, Technical Analysis
The EURUSD pair initially rallied at the open on Monday as it was announced that a deal was reached in the Greek debt crisis. However, the Greek still have to vote in Parliament, and on top of that there seems to be a lot of mistrust of the situation.
GBPUSD Forecast July 14, 2015, Technical Analysis
The GBPUSD pair broke higher during the course of the session on Monday, but turned back around to form a shooting star.
AUDUSD Forecast July 14, 2015, Technical Analysis
The AUDUSD pair went back and forth during the day on Monday, as we continue to bounce around the 0.74 level.
EURGBP Descending Channel July 13, 2015
EURGBP is still on a downtrend but the pair is currently testing the top of the descending channel visible on its 4-hour time frame. If resistance around the top of the channel or .7200 holds, the pair could move back to the bottom at .7000 or lower.
GBPUSD Forecast July 9, 2015, Technical Analysis
The GBP/USD pair had a fairly negative session on Wednesday, as the world continues to run toward safety asset such as the US dollar.
EURUSD Forecast July 9, 2015, Technical Analysis
The EURUSD pair broke higher during the course of the session on Wednesday, using the 1.10 level as a bit of a springboard. Because of this, the market looks as if it is ready to continue going higher, and we believe that it is only a matter of time before this market continues to go higher.
AUDUSD Forecast July 9, 2015, Technical Analysis
The AUDUSD pair initially fell during the day on Wednesday, but then turned back around to form a bit of a hammer.