FOREX

AUDUSD Forecast April 15, 2016, Technical Analysis

The AUDUSD pair rose during the course of the day on Thursday, as we continue to try to grind higher.

EURUSD FXE

The EURUSD pair fell rather hard during the course of the day on Wednesday, breaking below the 1.13 level.

AUDUSD Forecast April 14, 2016, Technical Analysis

The AUDUSD pair fell slightly during the course of the day on Wednesday, but at this point in time it looks like we continue to grind higher over the longer term.

USDCAD Countertrend Setup Apr 13, 2016

USDCAD has been trending lower, moving inside a descending channel pattern on its 4-hour time frame. Price is now making its way close to the channel support near the 1.2700-1.2750 and might be due for a bounce. 

EURUSD Forecast April 12, 2016, Technical Analysis

The EURUSD pair went back and forth during the course of the day on Monday, showing quite a bit of confusion at the 1.14 handle which of course is the beginning of massive resistance.

AUDUSD Forecast April 12, 2016, Technical Analysis

The AUDUSD pair initially tried to pull back during the course of the session on Monday but then ended up rallying.

EURUSD Forecast April 12, 2016, Technical Analysis

The EURUSD pair went back and forth during the course of the day on Monday, showing quite a bit of confusion at the 1.14 handle which of course is the beginning of massive resistance.

AUDUSD Forecast April 12, 2016, Technical Analysis

The AUDUSD pair initially tried to pull back during the course of the session on Monday but then ended up rallying.

EURUSD Forecast April 7, 2016, Technical Analysis

The EURUSD pair initially fell during the day on Wednesday, but turn right back around to form a fairly bullish candle.

AUD/USD Forecast April 7, 2016, Technical Analysis

The AUDUSD pair initially fell on Wednesday but found enough support just above the 0.75 level again to bounce.