European Union

EURUSD Forecast November 3, 2016, Technical Analysis

The EURUSD pair continued to grind higher during the day on Wednesday, as fears over a switch in the expected outcome of the presidential election in the United States of course has have the US dollar falling.

GBPUSD Forecast August 29, 2016, Technical Analysis

The GBPUSD pair initially tried to rally during the course of the day on Friday but turned right back around to form a shooting star. The shooting star sitting just below the 1.32 level suggests that we could see more selling.

EURUSD Forecast August 4, 2016, Technical Analysis

The EURUSD pair fell significantly during the course of the session on Wednesday, forming what is essentially a “today shooting star” in this market at the 1.12 level.

EURUSD FXE

The EURUSD pair initially fell during the day on Monday, but turned around to slam into the 1.10 level again.

EURUSD Forecast July 25, 2016, Technical Analysis

The EURUSD pair broke down below the bottom of a couple of hammers during the Friday session, so therefore if you we are getting ready to go even lower.

EURUSD Forecast July 13, 2016, Technical Analysis

The EURUSD pair broke to the upside during the day on Tuesday, but turn right back around to form a bit of a shooting star.

EURUSD Forecast July 13, 2016, Technical Analysis

The EURUSD pair broke to the upside during the day on Tuesday, but turn right back around to form a bit of a shooting star.

GBP/USD Forecast July 11, 2016, Technical Analysis

GBPUSD pair initially rallied a bit, but at the end of the day could not break above the 1.30 level with any gusto.

EURUSD Forecast July 7, 2016, Technical Analysis

The EURUSD pair initially fell during the course of the session on Wednesday, but turn right back around and form a hammer.

EURUSD Forecast July 6, 2016, Technical Analysis

The EURUSD pair initially tried to rally during the course of the day on Tuesday but found the previous uptrend line as resistive, and as a result we turn right back around to form a fairly negative candle.