EURUSD Forecast June 13, 2014, Technical Analysis
The EURUSD pair initially fell during the course of the session on Thursday, testing the 1.35 level again.
Currencies
USDJPY Forecast June 13, 2014, Technical Analysis
The USDJPY why pair fell during the course of the session on Thursday, after initially trying to rally.
AUDUSD Simple Range Play (June 12, 2014)
AUDUSD is finding resistance at the top of its range, visible on the 4-hour forex time frame.
EURUSD Forecast June 11, 2014, Technical Analysis
The EURUSD pair fell during the course of the session on Tuesday, but still above the 1.35 handle.
AUDUSD Forecast June 10, 2014, Technical Analysis
The AUDUSD pair rose during the course of the session on Monday, but found enough resistance to push the market back about half of the range.
AUDUSD Forecast June 9, 2014, Technical Analysis
The AUDUSD pair tried to rally during the session on Friday, but as you can see gave back almost all of the gains in order to form a shooting star.
EURUSD Forecast June 9, 2014, Technical Analysis
The EURUSD pair fell during the course of the session on Friday after the nonfarm payroll numbers came out.
Trading the NFP Release with USDJPY (June 6, 2014)
USDJPY is currently in a new uptrend but this has yet to be established, as the pair is making an attempt to test the rising trend line on the 4-hour time frame.
EURUSD Forecast June 5, 2014, Technical Analysis
The EURUSD pair fell during the session on Wednesday, as we simply grind away in the current area while we await whatever it is that the European Central Bank has decided.
Canadian dollar under pressure on June futures
In my post of 28th May I suggested that the Canadian Dollar was approaching a key turning point as it was heavily overbought as displayed on our daily currency strength indicator on the left. Since then, the currency has indeed been selling off and for evidence of this we need to look no further than the CAD/USD June futures where this price action is clearly reflected.