Technical Analysis
- Saturday, 28 July 2018
- Daily Technical Analysis
EUR/USD Daily Forecast - 30 July
The Euro has continued the fall that it started on Wednesday, reaching down towards the 1.1625 level. Ultimately, I believe that the 1.16 level also be supportive and I also recognize that there is an even more rigid “floor” near…- Saturday, 28 July 2018
- Daily Technical Analysis
GBP/USD Daily Forecast - 30 July
The British pound has drifted a bit lower during the trading session on Friday, reaching below the 1.31 handle. However, I think there is plenty of support below at the 1.30 level to keep the market afloat. I believe that…- Saturday, 28 July 2018
- Daily Technical Analysis
AUD/USD Daily Forecast - 30 July
The Australian dollar continues to be very noisy as we see a lot of volatility in the currency markets overall. I believe that the market will continue to be difficult to navigate at times, but the most important thing to…- Saturday, 28 July 2018
- Weekly Technical Analysis
EUR/USD Weekly Forecast - 30 July - 3 August
As we enter the traditionally slow month of August, I cannot help but notice that the EUR/USD pair looks to be very stagnant. This is probably because we are awaiting the results of the Brexit, which although much of the…- Saturday, 28 July 2018
- Weekly Technical Analysis
GBP/USD Weekly Forecast - 30 July - 3 August
The British pound has dropped a bit during the week, but still remains well above the 1.30 level, as we continue to hover in a consolidated phase. The question now is whether or not this is an accumulation phase, or…- Saturday, 28 July 2018
- Weekly Technical Analysis
AUD/USD Weekly Forecast - 30 July - 3 August
The Australian dollar has fallen a bit during the week but continues to find plenty support near the 0.7350 level, showing a proclivity for a bounce. I think that if we can break above the top of the 0.75 handle,…- Monday, 23 July 2018
- Weekly Technical Analysis
EUR/USD Weekly Forecast - 23 July - 27 July
The EUR/USD pair continued to be very choppy during trading this past week, using the 1.15 level as support and the 1.1850 level above as resistance. We ended up forming a bit of a hammer, and that of course is a…- Monday, 23 July 2018
- Weekly Technical Analysis
GBP/USD Weekly Forecast - 23 July - 27 July
The British pound has taken a bashing over the last several weeks, as the Brexit negotiations are not going very well. Compounding that, the British government can’t seem to decide on what to do so it makes sense that Sterling fell.…- Monday, 23 July 2018
- Weekly Technical Analysis
AUD/USD Weekly Forecast - 23 July - 27 July
The Australian dollar has found support yet again on a bounce from the 0.7325 region, as the 0.7350 handle looks to be the beginning of massive support. We have formed a hammer for the week, just like we did the week…- Tuesday, 17 July 2018
- Daily Technical Analysis
EUR/USD Daily Forecast - 17 July
The EUR/USD pair has initially rallied during the trading session on Monday, reaching towards 1.1725 level. We did see a bit of a pushback at that point, as there was a significant amount of money flowing into the market to the…- Popular
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