Daily Technical Analysis
- Monday, 06 August 2018
- Daily Technical Analysis
EUR/USD Daily Forecast - 6 August
The EUR/USD pair continues the bounce around just below the 1.16 level, and Friday provided no more clarity. All things being equal, I suspect that we could go down to the 1.15 handle, but it may take a certain amount…
- Monday, 06 August 2018
- Daily Technical Analysis
GBP/USD Daily Forecast - 6 August
The British pound has tested the 1.30 level, an area of significant support on longer-term charts. By doing so, I think it’s found a bit of a short-term bottom, and we could see a bit of a bounce from here.…
- Monday, 06 August 2018
- Daily Technical Analysis
AUD/USD Daily Forecast - 6 August
The Australian dollar has rallied significantly during trading on Friday after the jobs number came out, slamming into the 0.74 handle. However, after the number came out the markets went dead quiet. At this point, it looks as if the…
- 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…
- 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…
- Tuesday, 17 July 2018
- Daily Technical Analysis
GBP/USD Daily Forecast - 17 July
The 1.33 level above is massive resistance, and I think if we can break above that level we will continue to go higher, perhaps reaching towards 1.3350 level above, where we had seen a significant amount of selling pressure. I…
- Tuesday, 17 July 2018
- Daily Technical Analysis
AUD/USD Daily Forecast - 17 July
The Australian dollar has rallied a bit during the day on Monday, showing signs of life again, but quite frankly I think there is a lot of resistance above. This is seen at the gap near the 0.7450 level, where I…
- Monday, 09 July 2018
- Daily Technical Analysis
EUR/USD Daily Forecast - 10 July
EUR/USD gave up the pre-North America games falling below the 21-hr SMA at 1.760, where previously, EUR/USD has made a London session high of 1.1790. The single unit has scored a session low of 1.1740. From a technical perspective, EUR/USD…- Popular
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