EURUSD Forecast December 7, 2015 Technical Analysis
The EUR/USD pair fell slightly during the course of the session on Friday, as the previous uptrend line now is offering quite a bit of resistance.
FOREX
GBPUSD Forecast December 7, 2015 Technical Analysis
The GBPUSD pair fell slightly during the course of the session on Friday, as we collected some of the gains from the Thursday session.
AUDUSD Forecast December 7, 2015 Technical Analysis
The AUDUSD pair went back and forth during the course of the day on Friday, testing the 0.74 level.
EURUSD Forecast December 4, 2015, Technical Analysis
The EURUSD pair initially fell during the day on Thursday, but then rocketed to the upside to crash into the bottom of the uptrend line that had previously made the ascending triangle.
AUDUSD Forecast December 4, 2015, Technical Analysis
The AUDUSD pair initially fell during the day but then turned back around as we continue to see the strength in the Australian dollar.
AUDUSD Ascending Trend Line Dec 3, 2015
AUDUSD has been moving in a steady uptrend, trading above an ascending trend line connecting the latest lows of price action. Price recently made a swing high near the .7350 minor psychological level before showing signs of a pullback.
EURUSD Forecast December 2, 2015, Technical Analysis
The EURUSD pair rallied during the day on Tuesday, bouncing above the 1.06 handle.
AUDUSD Forecast December 2, 2015, Technical Analysis
The AUDUSD pair broke higher during the day on Tuesday, clearing the 0.73 level.
EURUSD Forecast December 1, 2015, Technical Analysis
At this point in time, we believe it’s pretty much a foregone conclusion that the market is going to reach down to the 1.05 handle. However, there isn’t much in the way of room between here and there so we believe that shorting this market off of short-term time frames will be about the only way to go.
AUDUSD Forecast December 1, 2015, Technical Analysis
The AUDUSD pair rose during the day on Monday, but struggled to make any real gains.