USD/JPY Forecast March 14, 2013, Technical Analysis
The USD/JPY pair fell during the session initially on Wednesday, but as you can see bounced enough to break back over the 96 handle by the end of the session. This formed a hammer, and as a...
Month: March 2013
USD/CAD Forecast March 14, 2013, Technical Analysis
The USD/CAD pair had a positive showing during the Wednesday hours, bouncing off of the 1.0250 level yet again. This market has yet to pullback after the recent breakout from the 1.01 level, however we have seen...
GBP/USD Forecast March 14, 2013, Technical Analysis
The GBP/USD pair attempted to breakout and above the 1.50 handle during the Wednesday session, but as we had stated in yesterday’s analysis, the 1.50 level offered a significant amount of resistance.
EUR/USD Forecast March 14, 2013, Technical Analysis
The EUR/USD pair fell during the session on Wednesday, breaking below the 1.30 level yet again. In fact, we even managed to test the 1.29 handle, make a fresh new low at one point during the session.
AUD/USD Forecast March 14, 2013, Technical Analysis
The AUD/USD pair fell during the session on Wednesday, testing the 1.03 level for support. This area did hold, so it is likely that we will see a continuation of the move higher that we have seen...
USD/JPY Forecast March 13, 2013, Technical Analysis
The USD/JPY pair had a negative showing on Tuesday, dipping back to the 96 handle. However, this market is most certainly bullish and we certainly wouldn’t sell it. Looking at the 95 handle, we also see an...
USD/CAD Forecast March 13, 2013, Technical Analysis
USD/CAD had a relatively quiet session on Tuesday, as the range tightened. We are currently sitting just above the 1.0250 level, an area that has offered minor support lately. However, if you have been listening to our...
GBP/USD Forecast March 13, 2013, Technical Analysis
The GBP/USD pair fell during the session on Tuesday, but found enough strength to bounce back and form a bit of a hammer. This is normally a very strong sign, but will we would be concerned about...
EUR/USD Forecast March 13, 2013, Technical Analysis
The EUR/USD pair went back and forth during the session on Tuesday, essentially going nowhere by the end of the day. We formed a very neutral candle, and it appears that we are simply waiting for some...
AUD/USD Forecast March 13, 2013, Technical Analysis
The AUD/USD continued to rally during the Tuesday session, carving into the 1.0350 area. We did breakout, but this does show that there is underlying strength for the Australian dollar. Looking forward, we think that the market...