GBP/USD Forecast November 26, 2015, Technical Analysis
The GBP/USD pair initially fell during the course of the day on Wednesday, but as you can see turned back around to form a bit of a hammer. The hammer of course is a bullish sign, and...
Month: November 2015
EUR/USD Forecast November 26, 2015, Technical Analysis
The EUR/USD pair fell initially during the course of the day but turned back around at roughly 1.0550 and formed a bit of a hammer. With this, it looks like we could get a bit of a...
AUD/USD Forecast November 26, 2015, Technical Analysis
The AUD/USD pair went back and forth during the course of the day on Wednesday, as we struggled a little bit to continue to go higher. With this, the market should continue to struggle in this area...
GBPAUD Potential Pullback (Nov 26, 2015)
GBPAUD has sold off sharply recently, breaking below a significant support level around 2.1200. From there, the pair dipped to a low of 2.0715 before showing signs of a retracement. Using the Fib tool on the latest...
USD/JPY Forecast November 25, 2015, Technical Analysis
The USD/JPY pair fell during the day on Tuesday, testing the 122 region. The 122 level of course is previously supportive, so it would not be surprising at all to see this market bounce from here. We...
USD/CAD Forecast November 25, 2015, Technical Analysis
The USD/CAD pair initially tried to rally during the course of the session on Tuesday but then turned back around to fall down to the 1.33 handle. There should be plenty of support below though, so we...
GBP/USD Forecast November 25, 2015, Technical Analysis
The GBP/USD pair initially tried to rally during the course of the session on Tuesday, but turned back around to form a fairly negative candle. It appears that we are reaching down towards the 1.50 level, where...
EUR/USD Forecast November 25, 2015, Technical Analysis
The EUR/USD pair rallied initially during the day on Tuesday, but turned back around to form a bit of a shooting star. The shooting star of course is a negative sign, and quite frankly we believe that...
AUD/USD Forecast November 25, 2015, Technical Analysis
The AUD/USD pair broke higher during the course of the day on Tuesday, testing the 0.7250 level. If we can break above there, the market could reach towards the 0.7350 level, but at best would be a...
EURGBP Long-Term Range (Nov 25, 2015)
EURGBP appears to have made yet another bounce off the bottom of its long-term range. Price tested the .7000 major psychological level recently and is staring to make its way higher. Stochastic is starting to head back...