EURUSD Forecast for July 8, 2014: Technical Analysis
The EURUSD pair initially fell during the session on Monday, but found enough support below the 1.36 level in order to continue going higher.
Technical Analysis
USDJPY Forecast July 8, 2014, Technical Analysis
The USDJPY pair fell during the session on Monday, but as you can see really remains mired in a significant amount of consolidation.
AUDUSD Forecast July 7, 2014, Technical Analysis
The AUDUSD pair rose slightly during the session on Friday, testing the 0.9350 level for support.
GBPUSD Forecast July 2, 2014, Technical Analysis
The GBPUSD pair continued its bullish move on Tuesday, breaking above the 1.7150 level. The action from the Tuesday session suggests that the market is in fact going to continue going higher, as we try to get to the 1.75 level.
EURUSD Forecast July 2, 2014, Technical Analysis
The EURUSD pair fell during the session on Tuesday, as the 1.37 level did in fact offer resistance.
AUDUSD Channel Bounce? (July 2, 2014)
The rising channel on AUDUSD’s 1-hour forex chart is still holding and it appears the pair found resistance at the .9500 major psychological level, which lines up with the top of the channel.
EURUSD Forecast June 27, 2014, Technical Analysis
The EURUSD pair fell during the session on Thursday, but you can see found enough support to bounce and form a hammer.
AUDUSD Forecast June 26, 2014, Technical Analysis
The AUDUSD pair bounce from the lows during the session on Wednesday, showing that we still have plenty of support below and that the pressure should continue to break out and above the 0.95 handle.
EURUSD Forecast June 26, 2014, Technical Analysis
The EURUSD pair broke higher during the session on Wednesday, but could not break out to the upside.
USDJPY Symmetrical Triangle Breakout – June 26, 2014
USDJPY has been consolidating inside a symmetrical triangle for almost an entire month, as traders are torn in picking a clear direction for this pair.