Technical Analysis

GBPUSD Forecast June 24, 2014, Technical Analysis

The GBPUSD pair went back and forth during the session on Monday, proving the 1.70 level to be supportive enough to keep the market somewhat afloat.

EURUSD Forecast June 24, 2014, Technical Analysis

The EURUSD pair went back and forth on Monday, essentially settling nothing as we continue to hang about the 1.3600 level.

EURUSD Forecast June 19, 2014, Technical Analysis

The EURUSD pair rose during the course of the session on Wednesday, but stays within the consolidation area that we’ve seen for some time.

EURUSD FXE

The EURUSD pair initially fell during the course of the session on Monday, but found support near the 1.35 level yet again. This area continues to bring in buyers, and as a result we feel that the market is probably going to continue to consolidate overall.

USDJPY Forecast June 13, 2014, Technical Analysis

The USDJPY why pair fell during the course of the session on Thursday, after initially trying to rally.

EURUSD Forecast June 11, 2014, Technical Analysis

The EURUSD pair fell during the course of the session on Tuesday, but still above the 1.35 handle.

AUDUSD Forecast June 10, 2014, Technical Analysis

The AUDUSD pair rose during the course of the session on Monday, but found enough resistance to push the market back about half of the range.

AUDUSD Forecast June 9, 2014, Technical Analysis

The AUDUSD pair tried to rally during the session on Friday, but as you can see gave back almost all of the gains in order to form a shooting star.

EURUSD Forecast June 9, 2014, Technical Analysis

The EURUSD pair fell during the course of the session on Friday after the nonfarm payroll numbers came out.

EURUSD Forecast June 5, 2014, Technical Analysis

The EURUSD pair fell during the session on Wednesday, as we simply grind away in the current area while we await whatever it is that the European Central Bank has decided.