Analysis

EURUSD Forecast May 29, 2014, get technical Analysis

The EURUSD pair fell during the session on Wednesday, breaking below the 1.36 level towards the end of the day.

USDJPY Forecast January 15, 2014, Technical Analysis

The USDJPY pair rose during the session on Tuesday, breaking above the highs from the Monday session as well.

USDCAD Daily Analysis - January 14, 2014

USDCAD remains in uptrend from 1.0588, the fall from 1.0945 could be treated as consolidation of the uptrend.

AUD/USD Forecast January 8, 2014, Technical Analysis

The AUD/USD pair fell during the session on Tuesday, showing significant resistance near the 0.90 handle.

EURUSD FXE

The EUR/USD pair went back and forth on Tuesday, ultimately settling into a slightly negative candle.

AUD/USD Forecast January 7, 2014, Technical Analysis

The AUD/USD pair went back and forth during the session on Monday, ultimately settling nothing.

Short-Term USD/JPY Daily Analysis - January 6, 2014

USDJPY stays within a upward price channel on 4-hour chart, and remains in uptrend from 96.94 (Oct 25, 2013 low), the fall from 105.44 could be treated as consolidation of the uptrend.

Daily Energy Report

And so the bullish trade returns. The up-down-up-down pattern that has developed over the past week continued yesterday in WTI and cast a positive light on an otherwise neutral-appearing chart. Brent appears similar, but couldn’t get much of a rally going yesterday.

Daily Energy Report

The deja vu trade appears likely to remain in tact in the near-term, as recently attained bullish momentum was undercut in yesterday’s trade. The resulting sideways trend will oscillate between moments of euphoria and doubt, which may essentially feel like a repeat of the decisive rallies and selloffs of the last few weeks which were believed to be the beginnings of new breakouts and breakdowns.

Daily Energy Report

Oil prices may hold within a sideways trading direction this week, as the short-term rally contends with a building bearish divergence on the daily stochastics oscillator.