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Forex Technical Analysis
Gold Trims Losses as Dollar Loses Steam | 2/16/2015 7:00:00 AM
Gold prices dropped 0.52% over the course of the week as the conditions in the marketplace continued to diminish desire for safe-haven diversification.
EUR/USD: Looking for Resistive Candles | 2/16/2015 7:00:00 AM
The EUR/USD pair fell slightly during the session on Friday, and what was an otherwise quiet trading environment.
Continue Selling the EUR/CHF | 2/16/2015 5:59:31 AM
The EUR/CHF pair had a very quiet session on Friday, as we continue to press the top of the recent consolidation which is just above the 1.05 handle.
USD/CAD Falls During Friday Trading | 2/16/2015 5:59:31 AM
The USD/CAD pair initially tried to rally during the course of the day on Friday, but fell back down and close below the 1.25 handle.
NZD/USD Treads Water on Friday | 2/16/2015 5:59:31 AM
The NZD/USD pair went back and forth during the course of the day on Friday, treading water at the 0.74 handle. By doing so, it looks as if the market is ready to attempt the 0.75 handle again, which of course has been resistive.
GBP/USD Pulls Back Slightly on Friday | 2/16/2015 5:59:31 AM
The GBP/USD pair broke down slightly during the session on Friday, in a fairly quiet trading environment. After the surge higher on Thursday, the pullback was very minimal and as a result I feel like this market is going to continue going higher next.
Weekly Forex Forecast | 2/15/2015 12:44:11 PM
Get the forecast for some of the major Forex pairs for the week of February 15, 2015 here.
Forex Forecast: Quant vs Chart Reading | 2/15/2015 12:18:37 PM
Get the Forex forecast learning about quant vs chart reading for the week of February 15, 2015 here.
EUR/USD 1.15 Level Offers Resistance | 2/13/2015 7:59:56 AM
The EUR/USD pair broke higher during the course of the session on Thursday, as we cleared the 1.13 support barrier. Having said that though, I’m still fairly negative on this market as I believe the 1.15 level above offers resistance.
USD/CAD: Buying on the Dips | 2/13/2015 7:48:37 AM
The USD/CAD pair fell during the course of the session on Thursday, crashing through the 1.25 handle. However, you can see that the market did in fact bounce though, and that of course shows that there are buyers below.
No Interest in Selling USD/JPY | 2/13/2015 7:44:29 AM
The USD/JPY pair fell during the course of the session on Thursday, testing the 118.50 region. That area of course offered support as it is a region that is massively noisy, and was once consolidation.
USD/SGD Falls During Thursday Session | 2/13/2015 7:38:33 AM
The USD/SGD pair fell during the course of the session on Thursday, taking back all of the gains from Wednesday. The Singapore dollar is one of my favorite currencies to trade, simply because it is a good way to play Asian growth, or lack of it as it were.
GBP/USD Rallies During Thursday Session | 2/13/2015 7:34:54 AM
The GBP/USD pair broke higher during the course of the session on Thursday, breaking the top of the shooting star from the Wednesday session.
Gold Edges Up On Weak U.S. Data | 2/13/2015 7:30:45 AM
Gold rose slightly on Thursday, helped by a drop in the U.S. dollar after economic data on retail sales and jobless claims missed forecasts, but the market is poised for its third weekly loss.
AUD/USD Forex Signal | 2/12/2015 9:13:04 AM
Get the AUD/USD Forex signal for February 12, 2015 here.