EUR/USD Forecast April 3, 2012, Technical Analysis
The EUR/USD pair fell during most of Monday’s session, but managed to bounce back in the end in order to form a hammer. The pair looks like it wants to go higher, but it should be mentioned...
Month: April 2012
Forex-Metal Weekly Analysis
Market review for 26 – 30.03, 2012 Euro: At the beginning of the week the Euro showed slightly growth against its competitors
USD/CAD Forecast April 2, 2012, Technical Analysis
The USD/CAD pair still struggled at the parity level on Friday, in a pattern that has become quite familiar. The market looks like it wants to consolidate, and as such we can only play this as a...
AUD/USD Forecast April 2, 2012, Technical Analysis
The AUD/USD pair fell during the Friday session, after forming a hammer on Thursday. Because of this, we are looking at a market that could be heading into a consolidation move. The 1.04 level is important, and...
USD/CHF Forecast April 2, 2012, Technical Analysis
The USD/CHF pair fell on Friday as the Dollar remains under pressure. We have been waiting to see some kind of supportive candle in the 0.91 to 0.90 range, but simply haven’t seen anything to get excited...
GBP/USD Forecast April 2, 2012, Technical Analysis
The GBP/USD closed the session just above the 1.60 level, and as a result we think the pair has entered another leg up. However, the close isn’t convincing yet as it is just ten pips above the...
USD/JPY Forecast April 2, 2012, Technical Analysis
The USD/JPY pair rose after originally falling for the Friday session as the support level at 82 held true yet again. The pair has recently enjoyed resurgence in the bullish case, and as long as the Bank...
EUR/USD Forecast April 2, 2012, Technical Analysis
The EUR/USD pair rose during the session on Friday in order to trigger the buy signal by breaking above the top of the hammer from the Thursday session. The 1.3250 level below is a support level, as...
USDCAD Analysis – April 1, 2012
USDCAD continues its sideways movement in a range between 0.9841 and 1.0050. Lengthier consolidation in the range is still possible in a couple of weeks. As long as 1.0050 key resistance holds, downtrend from 1.0523 could be...
USDCHF Analysis – April 1, 2012
USDCHF is facing the support of the lower border of the price channel on daily chart. A clear break below the channel could trigger another fall towards 0.8569. On the other side, as long as 0.8931 key...