Forex Technical Analysis

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Forex Technical Analysis

Forex Forecast- Quant vs. Chart Reading | 5/25/2015 9:45:30 AM

Get the weekly Forex forecast using quant vs chart reading methods for the week of May 25, 2015 here.

EUR/USD Testing an Important Area | 5/25/2015 8:47:51 AM

The EUR/USD pair broke down during the session on Friday, as the US dollar showed real strength over all. The market is now testing a seriously important area, and the Euro will have to make its intentions known soon.

GBP/USD Waiting for the Daily Close | 5/25/2015 8:30:41 AM

The GBP/USD pair fell hard on Friday, testing a serious support level in the form of the 1.55 – 1.54 range. This is the area that we broke out above recently to free the Pound to reach for the 1.58 level.

WTI Crude Oil Falls on Friday | 5/25/2015 8:12:38 AM

The WTI Crude Oil markets fell again on Friday, as the US dollar in general saw buying pressure. Because of this, I believe that we are presently “taking a break” from the incredible amount of effort it took to break out to the upside in the oil markets.

Gold Fails to Break Out of Its Narrow Range | 5/25/2015 7:55:12 AM

Gold prices settled at $1205.44 per ounce, falling nearly 1.5% over the course of the week, as gains in the dollar sapped demand for the metal.

Weekly Forex Forecast | 5/25/2015 7:32:47 AM

Get the weekly Forex forecast for the week of May 25, 2015 here.

EUR/USD Continuing to Buy Dips   | 5/22/2015 8:05:26 AM

The EUR/USD pair went back and forth during the course of the day on Thursday, testing the 1.11 level for support. The area below all the way down to the 1.10 level continues to offer support as well, and as a result it’s probably only a matter of time before the buyers step in.

WTI Crude Oil – No Interest in Selling Now | 5/22/2015 7:56:34 AM

The WTI Crude Oil market had a very positive showing during the day on Thursday, breaking above the $60 level again.

USD/CAD Continues to Struggle During Trading Session | 5/22/2015 7:49:38 AM

The USD/CAD pair initially tried to rally during the session on Thursday again, but just as we had on Wednesday, the sellers came back into the marketplace and pushed price back down.

Gold Hovers Near $1205 | 5/22/2015 7:42:13 AM

Gold prices fell $3.5 an ounce yesterday, erasing previous day's gains, as data from the labor department showed that the job market is on the right track.

AUD/USD Forex signal May 21, 2015 | 5/21/2015 7:39:38 AM

Get the AUD/USD Forex signal for May 21, here.

USD/JPY Forex signal May 21, 2015 | 5/21/2015 7:34:36 AM

Get the USD/JPY Forex signal for May 21, here.

GBP/USD Forex signal May 21, 2015 | 5/21/2015 7:04:57 AM

Get the GBP/USD Forex signal for May 21, here.

EUR/USD Forex signal May 21, 2015 | 5/21/2015 6:55:34 AM

Get the EUR/USD Forex signal for May 21, here.

Gold Finds Support but Lacks Momentum | 5/21/2015 5:52:54 AM

Gold edged higher on Wednesday as the dollar pared its recent gains after minutes from the Fed’s last meeting showed policy makers believed June is probably too soon to start raising interest rates.