AUDUSD Analysis – June 15, 2013
AUDUSD continues its downward movement from 1.0582, and the fall extends to as low as 0.9326. Further decline is still possible after a minor consolidation, and next target would be at 0.9200 area.
Month: June 2013
GBPUSD Analysis – June 15, 2013
GBPUSD’s upward movement from 1.5008 extends to as high as 1.5736. Further rise would likely be seen next week, and next target would be at 1.6000 area. Support is at 1.5490, as long as this level holds,...
EURUSD Analysis – June 15, 2013
EURUSD’s upward movement from 1.2796 extends to as high as 1.3390. Further rise could be expected next week, and next target would be at 1.3500 – 1.3600 area. Support is at 1.3170, only break below this level...
USD/JPY Forecast June 17, 2013, Technical Analysis
The USD/JPY pair fell drastically during the session on Friday as the market close below the 95 handle. However, we did not break the bottom of the hammer, and presently sit on top of the 38.2 Fibonacci...
USD/CAD Forecast June 17, 2013, Technical Analysis
The USD/CAD pair went back and forth on Friday, essentially closing the day unchanged. The resulting candle was a neutral candle, perhaps leaning a little bit more towards a hammer, but in reality we do not like...
GBP/USD Forecast June 17, 2013, Technical Analysis
The GBP/USD pair fell during the session on Friday, but had enough buyers come in late during the session in order to push the market much higher. In the end, the market formed a beautiful hammer, which...
EUR/USD Forecast June 17, 2013, Technical Analysis
The EUR/USD pair fell during the session on Friday, but as you can see found support at the 1.33 level again, and bounced yet again to form the third hammer in a row. We are approaching the...
AUD/USD Forecast June 17, 2013, Technical Analysis
The AUD/USD pair tried to rally during the session on Friday, but as you can see it gave back the gains in order to form a shooting star. This pair has been extraordinarily weak for quite some...
USD/JPY Forecast June 14, 2013, Technical Analysis
The USD/JPY pair fell during the session again on Thursday, but as you can see found enough support in the region of the 95 handle in order to pop back over it.
USD/CAD Forecast June 14, 2013, Technical Analysis
The USD/CAD pair fell during the session on Thursday, breaking below the 1.0150 handle at one point. That being said, it appears that the market is trying to weaken a bit, and if we can manage to...