AUD/USD Forecast June 10, 2013, Technical Analysis
The AUD/USD pair fell during the session on Friday, but as you can see formed a double bottom down near the 0.9420 level. The shape of the candle for the Friday session is a hammer, in this...
Month: June 2013
USD/JPY Forecast June 7, 2013, Technical Analysis
The USD/JPY pair fell off of the cliff on Thursday as the US dollar got beat up. Ironically, we did see a little bit of a bounce towards the end of the day and with the fact...
USD/CAD Forecast June 7, 2013, Technical Analysis
The USD/CAD pair plunged during the session on Thursday as the bottom of the shooting star from Wednesday was cracked. We smash through the 1.03 handle like it wasn’t even there, and then gone as low as...
GBP/USD Forecast June 7, 2013, Technical Analysis
The GBP/USD pair shot straight up during the session on Thursday as the Dollar lost ground against most currencies. This was predicated upon a selloff against the Yen, and then cascaded throughout the marketplace.
EUR/USD Technical Analysis June 7, 2013, Technical Analysis
The EUR/USD pair had a strong showing during the session on the Thursday as the Dollar got whacked against almost all other currencies. The Dollar really suffered against the Yen, and in return got sold off against...
AUD/USD Forecast June 7, 2013, Technical Analysis
The AUD/USD pair had a wild ride on Thursday as it initially plunged, but based upon the US dollar falling apart against the Japanese yen, the US dollar got absolutely pummeled against every other currency, and this...
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Daily review -Dollar falls broadly on weak employment data
The US dollar is slightly changed from its yesterday’s drop against major currency counterparts, following disappointing labour market data. The greenback fell against the euro to an intraday low of $1.3116 on Wednesday, decreasing even further this...
USD/JPY Forecast June 6, 2013, Technical Analysis
The USD/JPY pair fell during the session on Wednesday, continuing to selloff and aim for the 99 handle. This market is under serious pressure, but in the end we still believe that the Bank of Japan will...
USD/CAD Forecast June 6, 2013, Technical Analysis
The USD/CAD pair tried to rally during the session on Wednesday, but as you can see the 1.0380 level offered enough resistance in order to turn the market back around, and formed a shooting star.