EURUSD Retracement Setup (Apr 16, 2015)
EURUSD has been selling off since the start of the month but it seems to be making a correction for the past few days. Price has popped up from the 1.0500 area to the 1.0700 levels, which...
Month: April 2015
USDJPY Ascending Channel (Apr 15, 2015)
USDJPY has been slowly trending higher on its 1-hour time frame, as the pair is creating an ascending channel on the chart. Price is currently testing support at the bottom of the channel near the 119.50 minor...
USD/JPY Forecast April 15, 2015, Technical Analysis
The USD/JPY pair fell during the course of the session on Tuesday, breaking down below the 120 level. Because of this, looks as if the market is ready to continue dropping a little bit, but there is...
USD/CAD Forecast April 15, 2015, Technical Analysis
The USD/CAD pair fell hard during the course of the session on Tuesday, breaking below the 1.25 level. With that, the market should continue to find buyers below there, and a supportive candle is reason enough to...
GBP/USD Forecast April 15, 2015, Technical Analysis
The GBP/USD pair initially fell during the course of the session on Tuesday, testing the 1.46 level for support. With this, the market turned back around and Rose all the way to the 1.48 level. This was...
EUR/USD Forecast April 15, 2015, Technical Analysis
The EUR/USD pair initially fell slightly during the session on Tuesday, but found the area near 1.05 as supportive. We ended up bouncing drastically from there, but found the 1.07 level above as being resistive. We believe...
AUD/USD Technical Analysis April 15, 2015, Technical Analysis
The Aussie dollar fell initially during the course of the session on Tuesday, testing the 0.7550 handle. We turned back around to form a hammer, and a break above there would of course have this market looking...
GBPAUD Correction Wave (Apr 14, 2015)
GBPAUD has recently broken below support at the 1.9350 minor psychological level and is making a correction from the selloff. Price bounced off the 1.9000 major psychological support and is pulling up to the retracement levels on...
USD/JPY Forecast April 14, 2015, Technical Analysis
The USD/JPY pair went back and forth during a very volatile session on Monday as we continue to hover around the 120 level. Because of this, there’s not much to discern from the Monday session, other than...
USD/CAD Forecast April 14, 2015, Technical Analysis
The USD/CAD pair fell slightly during the session on Monday, as we continue to bounce around in the overall consolidation area. We believe that this market will probably pull back slightly during the session today, as it...