Technical Analysis

USDCAD Forecast April 4, 2016, Technical Analysis

The USDCAD pair initially rose during the course of the day on Friday, but turned right back around to form a bit of a shooting star. The shooting star completely contradicts the hammer that we formed during the Thursday session, and the fact that the 1.30 level is massively supportive, and also has an uptrend line near there, it makes sense that we will continue to see quite a bit

EURUSD Forecast April 4, 2016, Technical Analysis

The EURUSD pair went back and forth during the day on Friday, eventually settling on a fairly neutral candle.

EURUSD Forecast April 1, 2016, Technical Analysis

The EURUSD pair rose during the course of the day on Thursday, breaking above the top of the shooting star from the Wednesday session.

AUD/USD Forecast April 1, 2016, Technical Analysis

The AUDUSD pair initially tried to rally during the course of the session on Thursday, but turn right back around to form a shooting star.

EURUSD FXE

The EURUSD pair initially fell during the day on Tuesday, but found enough support below to turn things around and skyrocket higher.

AUD/USD Forecast March 30, 2016, Technical Analysis

The AUDUSD pair initially fell during the course of the session on Tuesday, testing the 0.75 level for support. We believe that the support extends all the way down to the 0.74 level, and with that being the case it’s very difficult to imagine a scenario in which this pair should be sold, leased as long as we stay above the 0.74 level.

EUR/USD Forecast March 29, 2016, Technical Analysis

The EURUSD pair rose during the course of the day on Monday, as we see quite a bit of support at the 1.1150 level.

AUD/USD Forecast March 29, 2016, Technical Analysis

The AUDUSD pair broke higher during the course of the session on Monday, but pullback a little bit.

EURUSD Forecast March 23, 2016, Technical Analysis

The EURUSD pair initially fell during the course of the session on Tuesday, testing the 1.12 level.

AUD/USD Forecast March 23, 2016, Technical Analysis

The AUDUSD pair initially fell during the day on Tuesday but found enough support just above the 0.75 level to turn things around and form a slightly positive candle.