Technical Analysis

EURUSD Forecast March 22, 2016, Technical Analysis

The EURUSD pair fell slightly during the course of the day on Monday, as we continue to see quite a bit of volatility.

AUDUSD Forecast March 22, 2016, Technical Analysis

The AUDUSD pair had a fairly volatile session on Monday, but ultimately settled on a relatively negative candle.

USDCAD Forecast March 21, 2016, Technical Analysis

The USDCAD pair fell initially during the day on Friday, but it now appears that the uptrend line may catch this market and turning back around.

AUD/USD Forecast March 18, 2016, Technical Analysis

The AUDUSD pair initially fell during the course of the session on Thursday, and then turn right back around to continue going higher. We had a very strong positive candle form during the course of the day on Wednesday, as the Federal Reserve has stepped away from interest-rate hikes, at least as far as the number of them in the year 2016 is concerned.

EUR/USD Forecast March 17, 2016, Technical Analysis

The EURUSD pair fell during the course of the session on Wednesday, testing the 1.1050 level.

AUD/USD Forecast March 17, 2016, Technical Analysis

The AUDUSD pair went back and forth on Wednesday, as we continue to see quite a bit of interest between the 0.74 level on the bottom, and the 0.75 level on the top.

EURUSD FXE

The EURUSD pair fell during the course of the day on Monday, but we are approaching a bit of support at the 1.1050 level, so at this point in time we will more than likely find a supportive candle in order to start buying again.

EURUSD Forecast March 10, 2016, Technical Analysis

The EURUSD pair broke higher after initially dropping during the session on Wednesday, as we prepare for the ECB interest rate announcement and of course monetary policy statement.

AUDUSD Forecast March 10, 2016, Technical Analysis

The AUDUSD pair broke higher during the course of the session on Wednesday, breaking above the past couple of shooting stars. Not only that, we have broken above the 0.75 handle, which of course has a certain amount of psychological significance as far as resistance is concerned.

EURUSD Forecast March 9, 2016, Technical Analysis

The EURUSD pair initially rallied during the course of the day on Tuesday, testing the 1.1050 level.