USD/CAD Forecast February 24, 2014, Technical Analysis
The USD CAD pair tried to rally during the session on Friday, but as you can see failed to hang onto the gains. Because of this, we ended up forming a shooting star as the 1.12 level...
Month: February 2014
GBP/USD Forecast February 24, 2014, Technical Analysis
The GBP/USD pair try to rally during the session on Friday, but gave back all of the gains above the 1.67 level in order to form a shooting star. The market is still overly bullish though, and...
EUR/USD Forecast February 24, 2014, Technical Analysis
The EUR/USD pair went back and forth during the session on Friday, ultimately settling on a slightly positive candle. The market of course is stuck between the 1.37 level on the bottom, and the 1.38 level on...
AUD/USD Forecast February 24, 2014, Technical Analysis
The AUD/USD pair fell during the session on Friday, proving the 0.90 level to be resistive. That being the case, we feel that this market is trying to fall, but the Thursday candle of course is a...
USD/JPY Forecast February 21, 2014, Technical Analysis
The USD/JPY pair fell during the bulk of the session on Thursday, but found enough support near the 101.50 level in order to bounce and form a hammer for the second session in a row. This suggests...
USD/CAD Forecast February 21, 2014, Technical Analysis
The USD/CAD pair rose during the session on Thursday, albeit slightly. The market continues to try and break above the 1.11 handle, and of course the large round number will cause a little bit of a reaction....
GBP/USD Forecast February 21, 2014, Technical Analysis
The GBP/USD pair went back and forth during the session on Thursday, settling for a slightly negative candle. However, we find most interesting about this pair right now is that it seems to be running out of...
EUR/USD Forecast February 21, 2014, Technical Analysis
The EUR/USD pair went back and forth in a fairly wide range during the session on Thursday in order to print a neutral candle. This neutral candle doesn’t exactly inspire confidence in one direction or the other,...
AUD/USD Forecast February 21, 2014, Technical Analysis
The AUD/USD pair fell hard during the session initially on Thursday, but found enough support just above the 0.89 level in order to bounce higher and form a nice-looking hammer. This hammer is essentially based on the...
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