Close(TP) Buy GBP/CAD @ 1.65494 By Signal Factory
Close(TP) Buy GBP/CAD @ 1.65494 By Signal Factory | Profit: +80 pips | 2017.01.26 08:11 GMT Provided by signalfactory.com
Month: January 2017
USD/JPY Forecast January 26, 2017, Technical Analysis
The US dollar rallied against the Japanese yen after initially falling on Wednesday. The 112.50 level appears to be supportive, but I also recognize that the 115 level is resistive. If we can break above the top...
USD/CAD Forecast January 26, 2017, Technical Analysis
The US dollar fell again against the Canadian dollar, and it now looks as if we’re going to go looking for the 1.30 level below. That is an area that has a significant amount of support attached...
GBP/USD Forecast January 26, 2017, Technical Analysis
The British pound took off during the day on Wednesday, as we have cleanly broken above the 1.25 handle. Because of this, the pound should continue to be favored, and I think we will continue to see...
EUR/USD Forecast January 26, 2017, Technical Analysis
The EUR/USD pair tried to rally during the day on Wednesday, but found quite a bit of resistance above the 1.0750 level. The 100-exponential moving average has acted as resistance, and if we can close with a...
AUD/USD Forecast January 26, 2017, Technical Analysis
The AUD/USD pair fell on Wednesday, but found enough support at the 0.75 level underneath. We turned around to form a hammer, which of course is a bullish candle. Looking at this market, it looks as if...
Buy NZD/USD @ 0.72781 By Signal Factory
Buy NZD/USD @ 0.72781 By Signal Factory | SL:0.72381 | TP:0.73581 | 2017.01.26 06:52 GMT Provided by signalfactory.com
Buy USD/JPY @ 113.674 By Signal Factory
Buy USD/JPY @ 113.674 By Signal Factory | SL:113.274 | TP:114.474 | 2017.01.26 06:36 GMT Provided by signalfactory.com
EURUSD Rising Wedge (Jan 26, 2017)
EURUSD has been trending higher but slowly consolidating inside a rising wedge formation visible on the 1-hour and 4-hour charts. This signals that a breakout in either direction could take place soon as price is approaching the...
Sell GBP/NZD @ 1.73557 By Signal Factory
Sell GBP/NZD @ 1.73557 By Signal Factory | SL:1.73957 | TP:1.72757 | 2017.01.26 03:19 GMT Provided by signalfactory.com