EURUSD Analysis – August 3, 2013
EURUSD is testing 1.3415 resistance, a break above this level will indicate that the uptrend from 1.2042 (Jul 24, 2012 low) has resumed, then further rise towards 1.4500 could be seen.
Month: August 2013
USD/JPY Forecast August 5, 2013, Technical Analysis
The USD/JPY pair tried to rally during the session on Friday, but as you can see the 100 level offered far too much resistance in order to overcome. That being the case, we feel that this market...
USD/CAD Forecast August 5, 2013, Technical Analysis
The USD/CAD pair rose during the session on Friday, slamming into the 1.04 handle as resistance overcame it. That being the case, we feel that this market is trying to breakout, but we need to see a...
GBP/USD Forecast August 5, 2013, Technical Analysis
The GBP/USD pair rose during the session on Friday, smashing through the 1.5250 level. The matter fact, this pair now looks very healthy and it appears that we are going to go higher.
EUR/USD Forecast August 5, 2013, Technical Analysis
The EUR/USD pair rose during the session on Friday to continue the consolidation that we’ve seen over the course of the last week.
AUD/USD Forecast August 5, 2013, Technical Analysis
The AUD/USD pair had a negative session on Friday again, as we meander below the 0.90 handle. Below there, we feel that this market will continue to weaken, and eventually we will at the 0.85 handle and...
USD/JPY Forecast August 2, 2013, Technical Analysis
The USD/JPY pair rose during the session on Thursday, bouncing off of the 98 handle in order to shoot straight up in the air. This is a move that we have been waiting on, but now we...
USD/CAD Forecast August 2, 2013, Technical Analysis
The USD/CAD pair rose during the session on Thursday, breaking the top of the range from the Wednesday candle. With that being said, it appears this market is going to try and make a run towards the...
GBP/USD Forecast August 2, 2013, Technical Analysis
The GBP/USD pair fell during the session after initially trying to break back above the 1.5250 resistance level. Because of this, it feels like this market is going to start heading back down towards the 1.50 handle,...
EUR/USD Forecast August 2, 2013, Technical Analysis
The EUR/USD pair fell during the session on Thursday, breaking below the range for the Wednesday candle, and signifying that this pair was in fact going to respect the downtrend line that had formed on the weekly...