The USD/JPY spent most of the day yesterday within reach of a recent four-month high, as speculations that the Bank of Japan would soon initiate a new round of quantitative easing continued to weigh down on the...
The USD/JPY pair shot straight up during the session on Thursday as the bullishness in this market continues. In fact, it is the first time that we have closed over the 80 handle and quite some time....
The USD/CAD pair fell most of the session during Thursday, but caught a bid the closer we got to the 0.99 handle. This resulted in a hammer, which is the second one in a row on this...
The GBP/USD pair rose during the session on Thursday as the bullishness came back into the marketplace. After the Wednesday session, we had noted how the 1.60 level was offering support, as the market jump back over...
The EUR/USD pair rose at first during the Thursday session to trigger by orders from the hammer on Wednesday, but by the end of the session we saw a reversal and a shooting star print. Because of...
The AUD/USD pair rallied during the session on Thursday, but gave back almost all of the gains as it formed a shooting star. The 1.04 level continues to be far too resistive for the buyers to get...
Date: 24.10.2012 Time: 18:00 Rate: 1. 2954 Daily chart Last Review EUR/USD forecast – The price has corrected the last uptrend which started on the 1.2824 price level, while it is currently supported by the descending trend...
Date: 24.10.2012 Time: 19:24 Rate: 1.6022 4 Hour chart Last Review GBP/USD forecast – The price has broken the 1.6000 price level and its closest target is the 1.5900 price level which is a 50% Fibonacci correction...
Date: 23.10.2012 Time: 18:38 Rate: 1.0257 4 Hour chart Last Review AUD/USD forecast – The price has descended to the 1.0250 price level, which is a 61.8%correction of the uptrend marked by black broken line. Now it...
Date: 24.10.2012 Time: 19:38 Rate: 0.9337 4 Hour chart Last Review USD/CHF forecast – Stoppage of the downtrend shows wider meaning after the price has breached the 0.9300 price level and created an ascending price structure. Its...
