Technical Analysis

Euro

The EURUSD pair initially tried to rally during the day on Tuesday, but the Euro continued to struggle during the session, and slammed into the 1.34 handle.

GBPUSD Forecast July 30, 2014, Technical Analysis

The GBPUSD pair fell again during the session on Tuesday, and quite frankly is starting to press against some pretty significant support.

 AUDUSD Forecast July 30, 2014, Technical Analysis

The AUDUSD pair fell during the day on Tuesday, breaking the back of the hammer that informed on Monday.

EURUSD Forecast July 29, 2014, Technical Analysis

In the EURUSD pair tried to rally during the course of the day on Monday, but as you can see gave back most of the gains.

AUDUSD Forecast July 29, 2014, Technical Analysis

The AUDUSD pair initially fell during the course of the day on Monday, but as you can see found enough support below to turn things back around and form a nice-looking hammer.

GBPUSD Forecast July 29, 2014, Technical Analysis

The GBPUSD pair went back and forth during the day on Monday, but found the 1.70 level to be resistive enough to keep the market somewhat down.

EURUSD FXE

The EURUSD pair fell again during the session on Friday, breaking the bottom of the candle from the Thursday session, showing us that the market should continue to go lower.

EURUSD Forecast July 25, 2014, Technical Analysis

The EURUSD pair went back and forth during the session on Thursday, essentially settling nothing as we printed a neutral candle.

USDCAD Forecast July 25, 2014, Technical Analysis

The USDCAD pair initially fell during the session on Thursday, but found enough support at the 1.07 region to turn things back around and form a hammer. Will we find particularly interesting about this market is that it seems so well supported, even as oil prices went so much higher during the day.

AUDUSD Forecast July 25, 2014, Technical Analysis

The AUDUSD pair tried to break out to the upside during the session on Thursday, but as you can see failed out the 0.9450 area, and as a result we turned back around to form a shooting star.