USD/JPY Forecast April 20, 2016, Technical Analysis
The USD/JPY pair went back and forth during the day on Tuesday, as we broke above the 109 level. However, there’s a lot of noise between here and the 110 level, so it’s likely that we could...
Month: April 2016
USD/CAD Forecast April 20, 2016, Technical Analysis
The USD/CAD pair fell during the course of the session on Tuesday, as we are now well below the 1.28 handle. That being the case, the market should then go down to the 1.25 handle. Ultimately, it...
GBP/USD Forecast April 20, 2016, Technical Analysis
The GBP/USD pair broke higher during the day on Tuesday, as we continue to drive towards the 1.45 level. We believe that short-term pullbacks might be buying opportunities now, as the market has been consolidating between the...
EUR/USD Forecast April 20, 2016, Technical Analysis
EUR/USD pair rose during the day on Tuesday, as we slammed into the 1.14 region. There is quite a bit of resistance here though, so more than likely we will have to pullback in order to build...
AUD/USD Forecast April 20, 2016, Technical Analysis
The AUD/USD pair rallied initially during the course of the session on Tuesday, as we continue to see bullish pressure jump into the market. Given enough time, the market should perhaps even break higher but we also...
GBPUSD Range Resistance (Apr 20, 2016)
GBPUSD has been moving sideways on its 4-hour chart, bouncing off support at the 1.4050 minor psychological mark and finding resistance at the 1.4450 minor psychological level. Price is gearing up for a test of resistance once...
USD/JPY Forecast April 19, 2016, Technical Analysis
The USD/JPY pair gapped lower at the open on Monday, but turn right back around to fill that gap. Nonetheless, we see quite a bit of resistance all the way to the 110 level, and believe that...
USD/CAD Forecast April 19, 2016, Technical Analysis
The USD/CAD pair gapped higher at the open on Monday, as word spread that there was no output frees agreement from the oil-producing countries in Qatar over the weekend. That being the case, the market looks as...
GBP/USD Forecast April 19, 2016, Technical Analysis
The GBP/USD pair initially fell on Monday but turned right back around to form a very positive looking candle. However, we are still very much in consolidation and approaching a resistive area that caused quite a bit...
EUR/USD Forecast April 19, 2016, Technical Analysis
The EUR/USD pair rose during the day on Monday, as we continue to find buyers in this market. We are broken above the top of the shooting star from Friday, so it does look very bullish, and...