EURUSD Forecast June 8, 2017, Technical Analysis
The EURUSD pair had a very volatile session on Wednesday, as we are trying to front run the European Union quantitative easing situation.
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AUDUSD Forecast June 8, 2017, Technical Analysis
The Australian dollar exploded to the upside on Wednesday, using the 0.75 level as support.
AUDUSD Forecast June 6, 2017, Technical Analysis
The Australian dollar gapped lower at the open on Monday, but then fill that gap as one would expect.
AUDUSD Forecast June 5, 2017, Technical Analysis
The AUDUSD pair exploded to the upside on Friday, and reaction to the weaker than anticipated jobs number coming out of the United States.
GBPUSD Forecast June 5, 2017, Technical Analysis
The GBPUSD pair initially fell during the day on Friday, and saw quite a bit of volatility after the jobs number came out in the United States less than anticipated.
Pound tumbles then bounces as FTSE hits record
What a comedy show this is turning out to be. Last night saw sterling tumble after research by the Times newspaper and YouGov suggested that there could be a hung parliament.
EURUSD Forecast May 23, 2017, Technical Analysis
The EURUSD pair initially fell on Monday, but found the 24-hour exponential moving average to be supportive enough to turn the market around, and send it back above the 1.12 level.
AUDUSD Forecast May 23, 2017, Technical Analysis
The Australian dollar had an explosive session on Monday, initially gapping lower, filling the gap, and then continue the down move.
AUDUSD Forecast May 22, 2017, Technical Analysis
The AUDUSD pair had a very strong session on Friday, reaching towards the highs that we had touched on Thursday. That’s a very bullish sign, and I think that the market is now trying to reach towards the 0.75 level above.
AUDUSD Forecast May 16, 2017, Technical Analysis
The Australian dollar has rallied during the session on Monday, breaking above the 0.74 level. We found a bit of resistance at the 0.7450 level, and then dropped.