Technical Analysis

EURUSD Forecast February 24, 2016, Technical Analysis

The EURUSD pair fell just a bit during the course of the session, testing the 1.10 level.

AUDUSD Forecast February 24, 2016, Technical Analysis

The AUDUSD pair went back and forth during the day on Tuesday but turned back around to form a bit of a shooting star.

EURUSD Forecast February 19, 2016, Technical Analysis

EURUSD pair fell during the day on Thursday, as we drove lower and trying to reach down to the 1.1050 level.

AUDUSD Forecast February 19, 2016, Technical Analysis

The AUDUSD pair went back and forth during the course of the day on Thursday, as we continue to bang around just below the 0.72 handle.

EURUSD FXE

The EURUSD pair initially fell during the course of the day on Wednesday, but found enough support just below to turn things back around and form a hammer.

AUDUSD Forecast February 18, 2016, Technical Analysis

The AUDUSD pair broke higher during the course of the session on Wednesday, but still remains below the 0.72 level, an area that we see as the “ceiling” in this market.

EURUSD Forecast February 17, 2016, Technical Analysis

The EURUSD pair initially tried to rally during the day on Tuesday, but turned back around to form a bit of a shooting star.

AUDUSD Forecast February 17, 2016, Technical Analysis

The AUDUSD pair initially tried to rally but turned back around to fall significantly during the day.

EURUSD Forecast February 16, 2016, Technical Analysis

The EURUSD pair fell significantly during the course of the session on Monday, in reaction to Mario Draghi suggesting that the European Central Bank could very well work against the value of the Euro as there are a lot of concerns with the marketplace now.

AUDUSD Forecast February 16, 2016, Technical Analysis

The AUDUSD pair initially tried to rally during the day on Monday, but turned back around to show a bit of a shooting star.