Forex Technical Analysis
The Kiwi dollar has been acting like someone shot it out of a cannon lately.
The EUR/USD continues to thrash back and forth as traders try to get a handle on the direction.
EUR/AUD is probably the trade you have missed. The pair broke through the 1.29 level back in December.
The markets were pretty cool today with the Bears & Bulls gaining and losing ground almost equally.
See how the USD index should be moving in this technical forecast from a professional trader.
Based on Christopher Lewis’s analysis of the USD/JPY, he believes that the traders will avoid selling this pair and it will go up.
Check out this USD/JPY signal based on Elliott Waves and Fibonacci principles.
EUR/USD has been consolidating over the last several sessions, and with the Non-Farm Payroll report coming out tomorrow, there isn’t much in the way of catalysts to push the pair around in my estimation.
This GBP/USD signal is based on the hourly chart, so don't wait long to make your move.
The USD/JPY pair has been a battlefield of sorts between the entire planet, and the Bank of Japan.