Technical Analysis

AUDUSD Forecast July 15, 2014, Technical Analysis

The AUDUSD pair rose during the course of the session on Monday, but didn’t really cause too much in the way of a splash with the tight trading range.

EURUSD Forecast July 15, 2014, Technical Analysis

The EURUSD pair tried to rally during the session on Monday, but as you can see gave back about half of the gains in order to form a shooting star.

AUDUSD Forecast July 10, 2014, Technical Analysis

The AUDUSD pair went back and forth on the session for Wednesday, ultimately settling for a basically unchanged session.

GBPUSD Forecast July 10, 2014, Technical Analysis

The GBPUSD pair initially fell during the session on Wednesday, but as you can see we bounced yet again in order to form a hammer. This market simply looks like it does not want to fall, and as a result we feel that the buyers are certainly still in control even though the market has struggled to take off at this point.

GBPUSD Forecast July 10, 2014, Technical Analysis

The GBPUSD pair initially fell during the session on Wednesday, but as you can see we bounced yet again in order to form a hammer. This market simply looks like it does not want to fall, and as a result we feel that the buyers are certainly still in control even though the market has struggled to take off at this point.

AUDUSD Forecast July 10, 2014, Technical Analysis

The AUDUSD pair went back and forth on the session for Wednesday, ultimately settling for a basically unchanged session.

EURUSD Forecast July 10, 2014, Technical Analysis

The EURUSD pair initially fell during the session on Wednesday, but ended up bouncing in order to form a fairly positive candle.

EURUSD Forecast July 9, 2014, Technical Analysis

The EURUSD pair initially fell during the session on Tuesday, but found enough support below to turn things back around and form a hammer.

AUDUSD Forecast July 9, 2014, Technical Analysis

The AUDUSD pair broke higher during the day on Tuesday, clearing the top of the Monday hammer.

AUDUSD Forecast July 8, 2014, Technical Analysis

The AUDUSD pair initially fell during the session on Monday, but found enough support below in order to turn things back around and form a hammer.