Consider the common thread among these four market calls: Forecast 1: A two-month, double-digit rally in a blue-chip stock index, even as investor sentiment hit a negative extreme last seen at the epic market lows of March...
USDCAD is facing 1.3397 resistance, a break of this level will signal resumption of the uptrend from 1.3005, then next target would be at 1.3600 area. Support is at 1.3276, only break below this level will indicate...
AUDUSD failed to break above 0.7734 resistance, indicating that the pair remains in downtrend from 0.7734. Deeper decline would likely be seen and the target would be at 0.7500 area.
EURUSD stays in the downward price channel on 4-hour chart and remains in downtrend from 1.1279. As long as the channel resistance holds, the downtrend could be expected to continue, and next target would be at 1.0700...
EURJPY could be in for a reversal from its selloff, as the pair formed an inverse head and shoulders pattern on its 1-hour time frame. Price already broke past the neckline at the 114.00 major psychological mark...
The USD/JPY pair initially tried to rally during the course of the session on Tuesday, but found the 105 level above to be far too resistive to continue going higher. Because of this, we pulled back to...
The USD/CAD pair went back and forth during the day on Tuesday, as we continue to see quite a bit of volatility in this market. We recently had a nice move higher, and I believe at this...
The GBP/USD pair fell during the day on Tuesday, but bounced enough to form a bit of a hammer. It makes a lot of sense that we would see it here, because the 1.20 level is still...
The EUR/USD pair initially fell during the course of the day on Tuesday, but found the 1.0850 level to be supportive enough to turn things around and form a bit of a hammer. The hammer of course...
The AUD/USD pair rallied during the day on Tuesday, breaking above the top of the shooting star from the Monday session. Ultimately, if we can break above the top of the candle from the session on Tuesday,...
