USD/JPY Forecast June 30, 2015, Technical Analysis
The USD/JPY pair fell during most of the session on Monday, as the world reacted to the situation in Greece. However, at the end of the day the reality is that the market places do seem to...
Month: June 2015
USD/CAD Forecast June 30, 2015, Technical Analysis
The USD/CAD pair initially rallied during the course of the session on Monday, but gave back some of the gains. By doing so, this is a market that seems to really have no conviction at all. Because...
GBP/USD Forecast June 30, 2015, Technical Analysis
The GBP/USD pair initially rallied during the session on Monday, but found enough resistance at the 1.58 level to keep the market somewhat muted. With that, we believe that ultimately this market will go higher but we...
EUR/USD Forecast June 30, 2015, Technical Analysis
The EUR/USD pair gapped lower at the open on Monday, crashing into the 1.10 handle. This area had enough support in it though to keep the market afloat and we bounced much higher. In fact, we ended...
AUD/USD Forecast June 30, 2015, Technical Analysis
The AUD/USD pair rose during the course of the day on Monday, continuing the bounce that we have seen off of the 0.76 handle. Remarkably, this market was fairly calm while so many others sold off rather...
EURGBP Trend Pullback (June 30, 2015)
EURGBP recently broke below the .7100 key support level, indicating that sellers are ready to push the pair lower. Price is pulling back to the broken support area which lines up with the 38.2% Fibonacci retracement level...
USD/JPY Forecast June 29, 2015, Technical Analysis
The USD/JPY pair rose during the course of the day on Friday, showing that there is still some resilience in this market. However, we recognize that the market has cooled off lately, mainly because the 125 level...
EURUSD Triangle Breakout (June 29, 2015)
URUSD finally broke out of its triangle consolidation pattern visible on longer-term time frames, signaling that the pair is ready for more declines. Price gapped down over the weekend and opened below the ascending triangle support....
USD/CAD Forecast June 29, 2015, Technical Analysis
Initially during the session on Friday, the USD/CAD pair tried to rally but failed. The 1.24 level continues offer significant resistance, so we believe that the market is just simply going to fall from here but will...
GBP/USD Forecast June 29, 2015, Technical Analysis
The GBP/USD pair went back and forth on Friday, essentially doing nothing. However, we did find out is that the 1.57 level continues to be supportive, and therefore we feel that it’s only a matter of time...