FOREX

AUDUSD Forecast July 2, 2015, Technical Analysis

The AUDUSD pair fell during the course of the session on Wednesday, as we crashed towards the 0.7650 level.

GBPUSD Trend Line July 2, 2015

GBPUSD is currently testing the rising trend line connecting the recent lows of price action on the 4-hour time frame. The pair is also drawing support at the 50% Fibonacci retracement level and the 100 SMA.

EURUSD Forecast June 30, 2015, Technical Analysis

The EURUSD pair gapped lower at the open on Monday, crashing into the 1.10 handle. This area had enough support in it though to keep the market afloat and we bounced much higher.

AUDUSD Forecast June 30, 2015, Technical Analysis

The AUDUSD pair rose during the course of the day on Monday, continuing the bounce that we have seen off of the 0.76 handle.

EURUSD Forecast June 29, 2015, Technical Analysis

The EURUSD pair went back and forth during the course of the day on Friday, essentially settling nothing.

AUDUSD Forecast June 29, 2015, Technical Analysis

The AUDUSD pair fell during the course of the day on writing, but remains well within the consolidation area that we have been stuck in for some time.

Commodities

Many traders immediately think of precious metals like gold (GLD, quote)when hedging inflation.  

GBPUSD Forecast June 25, 2015, Technical Analysis

The GBPUSD pair had a pretty volatile session during the day on Wednesday, as we touched the 1.58 level, and then turned back around to break below the 1.57 level.

EURUSD Forecast June 25, 2015, Technical Analysis

The EURUSD pair had a slightly positive session on Wednesday, but quite frankly was a bit on impressive.

AUDUSD Forecast June 25, 2015, Technical Analysis

The AUDUSD pair initially tried to rally during the day on Wednesday, but found far too much in the way of resistance