EURUSD Forecast August 26, 2015, Technical Analysis
The EURUSD pair fell during the day on Tuesday, slamming into the 1.14 handle.
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GBPUSD Triangle Breakout – Aug 7, 2015
GBPUSD broke below the ascending triangle support on its 4-hour chart, signaling that price is in for more declines. The chart pattern is around 300 pips in height so the resulting selloff could last by the same amount.
EURUSD Forecast August 4, 2015, Technical Analysis
The EURUSD pair fell slightly during the course of the session on Monday, as we simply meandered below the 1.10 level.
EURUSD Forecast July 29, 2015, Technical Analysis
The EURUSD pair initially fell during the day on Tuesday, but found the 1.10 level to be supportive enough to turn the market back around.
USDCAD Bullish Continuation July 16, 2015
After surging past the key resistance around 1.2800 during the BOC rate statement, USDCAD is forming a bullish flag pattern that suggests potential continuation.
GBPUSD Forecast July 16, 2015, Technical Analysis
The GBPUSD pair initially fell during the course of the day on Wednesday, but found enough support below at the 1.56 level to turn things back around and form a nice-looking hammer.
EURUSD Forecast July 14, 2015, Technical Analysis
The EURUSD pair initially rallied at the open on Monday as it was announced that a deal was reached in the Greek debt crisis. However, the Greek still have to vote in Parliament, and on top of that there seems to be a lot of mistrust of the situation.
GBPUSD Trend Line July 2, 2015
GBPUSD is currently testing the rising trend line connecting the recent lows of price action on the 4-hour time frame. The pair is also drawing support at the 50% Fibonacci retracement level and the 100 SMA.