USD/JPY Forecast June 3, 2016, Technical Analysis
The USD/JPY pair fell significantly during the day on Thursday again, but there is still quite a bit of support at the 108.50 level, and as a result we did bounce a bit. Ultimately, this is a...
Month: June 2016
USD/CAD Forecast June 3, 2016, Technical Analysis
The USD/CAD pair rose during the course of the session on Thursday, as we continue to see strength in the US dollar against the Canadian dollar. Oil markets struggle, and that of course propels the US dollar...
GBP/USD Forecast June 3, 2016, Technical Analysis
The GBP/USD pair initially tried to rally during the day on Thursday but turned back around form a bit of a shooting star. The 1.45 level offered quite a bit of resistance, and therefore it looks as...
EUR/USD Forecast June 3, 2016, Technical Analysis
The EUR/USD pair initially tried to rally during the day on Thursday, but turned around to form a negative candle. Because of this, looks as if the market is going to simply continue to consolidate around this...
AUD/USD Forecast June 3, 2016, Technical Analysis
The AUD/USD pair initially fell during the course of the day on Thursday, but turned around to form a little bit of a hammer. That of course is a sign of support, but we have a significant...
GBPUSD Reversal Signal (June 03, 2016)
Cable could be in for a selloff, as the pair formed a double top pattern on its 4-hour time frame. Price failed in its last two attempts to break past the 1.4700 major psychological level and is...
USD/JPY Forecast June 2, 2016, Technical Analysis
The USD/JPY pair fell significantly during the course of the day on Wednesday, slicing back through the 110 level. At this point in time though, there seems to be quite a bit of support just below so...
USD/CAD Forecast June 2, 2016, Technical Analysis
The USD/CAD pair initially fell but then turn right back around to form a bullish hammer. Ultimately though, it’s likely that the market will continue to show significant amounts of volatility, but as oil markets are pulling...
GBP/USD Forecast June 2, 2016, Technical Analysis
The GBP/USD pair fell during the course of the day on Wednesday, as we broke towards the 1.44 level. There is a significant amount of support just below here, so this point in time it would not...
EUR/USD Forecast June 2, 2016, Technical Analysis
The EUR/USD pair initially fell during the course of the session on Wednesday, but then turn right back around as the Euro gained in general. It looks as if we are going to continue to bounce around...