USD/JPY Forecast September 21, 2016, Technical Analysis
The USD/JPY pair initially fell during the day but the market turn right back around to form a bit of a hammer. That hammer of course suggests that we are going to see a little bit of...
Month: September 2016
USD/CAD Forecast September 21, 2016, Technical Analysis
The USD/CAD pair broke higher during the course of the day on Tuesday, clearing the top of the hammer that had been formed during the Monday session. By doing so, looks as if the market is trying...
GBP/USD Forecast September 21, 2016, Technical Analysis
The GBP/USD pair fell during the day on Tuesday, breaking below the 1.30 level. Because of this, I believe that we continue to go lower, perhaps reaching towards the 1.2850 level below which I see as the...
EUR/USD Forecast September 21, 2016, Technical Analysis
The EUR/USD pair initially tried to rally during the course of the session on Tuesday, but turned back around to form a massive shooting star. The market looks as if it is trying to break down below...
AUD/USD Forecast September 21, 2016, Technical Analysis
The AUD/USD pair initially tried to rally during the course of the session on Tuesday, but turned back around to form a bit of a shooting star. With that being the case, the market looks as if...
EURGBP Uptrend Channel (Sep 21, 2016)
EURGBP has been trending higher on its 4-hour chart, moving inside an ascending channel pattern and making its way towards the resistance around the .8800 major psychological level. For now, price seems to be pulling back to...
GBPUSD Range Setup (Sep 20, 2016)
GBPUSD has been trading sideways on its 4-hour time frame, moving between support at the 1.2900 area and resistance at 1.3450. Price is nearing the bottom of the range at the moment and might be due for...
USD/JPY Forecast September 20, 2016, Technical Analysis
The USD/JPY pair fell slightly during the course of the session on Monday, testing the 101.50 level. This is an area that would be slightly supportive, but I believe that there is quite a bit of support...
USD/CAD Forecast September 20, 2016, Technical Analysis
The USD/CAD pair initially fell during the course of the session, and then turn right back around to form a very positive candle. A hammer sitting at the 1.32 level shows that we are still trying to...
GBP/USD Forecast September 20, 2016, Technical Analysis
The GBP/USD pair initially rallied during the course of the day on Monday, but gave back about half of the gains during the day. With this being the case, the market looks as if it is still...