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EUR/JPY Daily Outlook- May 24, 2013 The EUR/JPY pair fell during the session on Thursday, as the Chinese HSBC Flash PMI numbers came out just under 50. Crude Oil Price- May 24, 2013 The WTI Crude Oil markets fell rather drastically during the session on Thursday, but you can also see that they rallied during the later hours in the American session. GBP/USD Daily Outlook- May 24, 2013 The GBP/USD pair bounced off of the 1.50 handle during the session on Thursday, confirming what I had anticipated over the last couple of sessions. This area of course offer significant support EUR/USD Daily Outlook- May 24, 2013 The EUR/USD pair bounce during the session on Thursday, just as I suspected it would. Quite frankly, the 1.28 level looks very supportive, and I have a hard time believing that the market is going to easily break down below it. Gold Price Analysis – May 24, 2013 The XAU/USD pair closed the day higher than opening but remained within the last 5 days trading range. Successful Trades on May 23, 2013 According to the analysis of the USD/JPY and EUR/USD one trader profited on a binary options platform. See how here. EUR/JPY Rejects 134 The EUR/JPY reached as high as 133.80 in yesterday’s trading, but could not hold the level with strong resistance at 133.50 from the Monthly Charts. EUR/USD Daily Outlook- May 23, 2013 The EUR/USD pair showed on Wednesday exactly why I hate trading this pair lately. You can see that we shot straight up in the early hours of the trading session to the 1.30 resistance level. USD/JPY Daily Outlook- May 23, 2013 The USD/JPY pair rallied during the session on Wednesday, breaking to fresh new highs as the 104 level was tested. GBP/USD Daily Outlook- May 23, 2013 The GBP/USD pair fell rather precipitously during the session on Wednesday, as the market continues to selloff. Crude Oil Price- May 23, 2013 I know I have recently suggested that I was only going to use short term charts to demonstrate with going on in the WTI market, but quite frankly the action today was significant enough for me to pull back and look at the daily chart. Gold Price Analysis – May 23, 2013 The XAU/USD pair had a bearish session as expectations of a reduction in quantitative easing provided extra support for the American dollar. USD/CHF Triple Top The USD/CHF 4 hour chart has now printed a triple top/head & shoulders pattern. The pattern comes after 2 very bullish weeks and occurs after yesterday's high once again tagged the 200 EMA on the Weekly Chart (inset). AUD/USD Daily Outlook- May 22, 2013 The AUD/USD pair spent most of the market hours on Tuesday going back and forth, hovering around the 0.98 handle. This is essentially where were ending the session, and the resulting candle does look a bit like a hammer at this point. GBP/USD Daily Outlook- May 22, 2013 The GBP/USD pair showed weakness again during the session on Tuesday, as the 1.5250 level continues to be far too resistive for the market to move beyond. EUR/USD Daily Outlook- May 22, 2013 The EUR/USD pair went back and forth during the session on Tuesday, looking just as lost as usual. However, the market did drift down towards the 1.2825 level, and found support as we would expect. Crude Oil Price- May 22, 2013 The WTI Crude Oil markets had a slightly negative session on Tuesday, but you can see that the same general area is offering support as the $95.50 level continues to be a bit of a problem for the sellers. Gold Price Analysis – May 22, 2013 The XAU/USD pair closed the day lower than opening as the bulls failed to break through the 1400 level once again. The bulls have been struggling to push prices above this barrier for almost 4 days. Successful Trades on Mar 21, 2013 According to the analysis of the EUR/GBP and AUD/USD trader profited on a binary options platform. GOLD Double Bottom? Gold(XAU/USD) has printed a double bottom on the daily chart. This is depending of course on whether or not the new higher low holds its footing, but the 4 hour chart is also showing an interesting candle pattern. Gold Price Analysis– May 21, 2013 The XAU/USD pair closed yesterday's session higher after seven consecutive days of losses as investors took some of profit off the table prior to the release of the Federal Open Market Committee meeting minutes. AUD/USD Daily Outlook- May 21, 2013 The AUD/USD pair rose during the session on Monday, and as a result we managed to get back over the 0.98 level. EUR/GBP Daily Outlook- May 21, 2013 The EUR/GBP pair initially rose during the session on Monday, but as you can see, it fell later in the day. The resulting candle was a shooting star, and although this is a very negative sign I am not willing to short this market. USD/JPY Daily Outlook- May 21, 2013 The USD/JPY pair fell during the Monday session, perhaps taking a break from the massive bullishness that we have seen as of late. Crude Oil Price- May 21, 2013 The WTI Crude market had a relatively benign trading session for the Monday hours. In fact, the daily candle formed a shooting star. FXC (CAD) Signal - May 20, 2013 Check out what pro trader Andrew Keene thinks about the FXC ETF and what this may mean for USD/CAD. Only at DailyForex. Gold Price Analysis– May 20, 2013 The XAU/USD (Gold vs. the American dollar) pair continued to sink after a report released by the University of Michigan showed its consumer sentiment index rose to 83.7 from 76.4. After falling for seven days in a row, gold prices settled at $1355.57 an ounce on Friday, the lowest settlement since April 16 Successful Trades on Mar 20, 2013 According to the analysis of the USD/CAD and EUR/USD trader profited on a binary options platform. Crude Oil Price- May 20, 2013 The WTI Crude market has seen quite a bit of choppiness recently, and although the day was positive during Friday, I had recently expressed that I was going to start following the shorter-term charts. Quite frankly, no matter what news crosses the wires at the moment, the market simply needs to grind its way back and forth. EUR/GBP Daily Outlook- May 20, 2013 The EUR/GBP pair had a positive session on Friday, but as you can see we remain stuck in a fairly tight consolidation area. With even more interesting is the fact that the weekly chart has pretty three shooting stars in a row, all of which are sitting just above the 0.8400 handle. USD/CAD Daily Outlook- May 20, 2013 The USD/CAD pair had a very strong showing on Friday, as the United States Dollar continues to out power all other currencies on the whole. Look in this market, the 1.03 level was a resistance area that I have marked out on the chart previously, and as you can see that exactly where we stopped for the session. EUR/USD Daily Outlook- May 20, 2013 The EUR/USD pair fell during the session on Friday again, breaking the bottom of the neutral candle that we had printed on Thursday. Because of this, it is obvious this pair has significant weakness in it, and of course the lack of economic performance out of the European region isn't going to help Weekly FX Forecast- May 19, 2013 The AUD/USD pair fell drastically during the past week, and closed at the very bottom of the range. This market looks very vulnerable at the moment, and I think that we are going to seriously test the 0.9650 support level. The gold markets certainly aren’t helping the situation either Gold Price Analysis– May 17, 2013 The XAU/USD pair declined for a sixth straight session but found some support above the 1363 level. Gold prices traded as low as 1369.72, a four-week low, before recovering to 1388. The American dollar lost some strength as the data came out from the world's biggest economy disappointed the markets. Crude Oil Price- May 17, 2013 The WTI Crude Oil markets had a positive session on Thursday, after initially dipping below the $94.00 handle. However, the hammer that had formed on Wednesday certainly suggested that there was support below, and we did in fact see that during the session. The biggest problem now is the fact that there is so much resistance above. In other words, I absolutely hate this market at the moment for anything more than a short-term trade. USD/JPY Daily Outlook- May 17, 2013 The USD/JPY pair had a back and forth session on Thursday, essentially going nowhere for the second day in a row. This is a huge surprise though, we have seen a fairly significant move higher, and most of the time that we get these breakdowns from ascending triangles, it's only a matter time before we pullback in trying to reestablish the breakout level as being support. EUR/USD Daily Outlook- May 17, 2013 If there is a currency pair out there right now thath I could absolutely put to sleep, it would be this one. Quite frankly, the Euro has been given a pass on so many things that this market simply doesn't have much volatility overall. While we do get choppiness from time to time on a daily basis, in reality if you look at the longer-term charts, we've gone nowhere. AUD/USD Daily Outlook- May 17, 2013 The AUD/USD pair fell again during the session on Thursday, breaking the bottom of the Wednesday hammer which of course is a very bearish sign. Because of this, the market raced towards the 0.98 level, an area that has been significant support in the past. That wasn't much of a surprise to me, once we broke the bottom of the hammer that really was nowhere else for this market ago at that point. EUR/USD and GBP/USD- week of May 13 The EUR/USD pair looks primed to continue the sideways action that we have seen for some time. Although the pair did in fact break down below the 1.30 level, the support that the market currently seems to be adhering to extends as low as 1.2950 or so. Because of this, the fact that the Friday session closed above that area, it is hard to get overly bearish on this pair at the moment. Successful Trades on Mar 16, 2013 According to the analysis of the CAD/JPY and AUD/USD trader profited on a binary options platform. Gold Price Analysis- May 16, 2013 The XAU/USD pair fell for a fifth consecutive day as investor confidence in gold was eroded after the bulls failed to hold the prices above the 1430 level. Gold closed the day at 1392.75 and this is the lowest settlement in almost four weeks Crude Oil Price- May 16, 2013 The WTI Crude Oil markets fell significantly during the session on Wednesday, falling as low as the $92.00 level. The crude oil markets in the United States reported that there was less in the inventories than anticipated, and as such this of course was bullish for oil in general. Because of the bounce, we have formed a massive hammer. AUD/USD Daily Outlook- May 16, 2013 The AUD/USD pair fell during the session on Wednesday, and touches lows of 0.9850 region. However, you can see on the chart that we did bounce enough to form a hammer, and this of course leads me to believe that we could see a bounce in the relatively near term GBP/USD Daily Outlook- May 16, 2013 The GBP/USD pair had a rough and tumble day during the Wednesday session, as we initially broke down below the 1.25 support level which of course was a very bearish sign that I had pointed out the possibility of recently. CAD/JPY Daily Outlook- May 16, 2013 The CAD/JPY pair had a back and forth session during the Wednesday trading hours, testing the 100 handle yet again. This market looks like one that has recently broken out of an ascending triangle, and as a result should continue to see bullishness going forward. The 100 handle acting as support isn't much of a surprise, after all it's probably the biggest round psychologically significant number on the chart. Gold Price Analysis- May 15, 2013 The XAU/USD pair had 4 bearish days in a row as the American dollar continued to gain strength on hopes that the data which will be released from the United States this week will beat expectations. GBP/USD Daily Outlook- May 15, 2013 The GBP/USD pair initially rallied during the session on Tuesday, but fell rather sharply shortly afterwards. As you can see by this chart, we have sliced through the 1.5250 level again, which of course was the epicenter of support going forward. EUR/USD Daily Outlook- May 15, 2013 The EUR/USD pair tried to rally during the session on Tuesday, but you can see that there was plenty of resistance above the 1.30 handle. USD/CAD Daily Outlook- May 15, 2013 The USD/CAD pair had a strong showing on Tuesday, breaking above the 1.01 handle and more importantly the top of the hammer that had formed on Monday. Crude Oil Price- May 15, 2013 The WTI Crude Oil markets fell during the session on Tuesday, plunging towards the $94.00. This area has been supportive lately, as well as resistive. Gold Price Analysis- May 14, 2013 Gold prices (XAU/USD) closed the session lower than opening on growing expectations the U.S. Federal Reserve will reduce the pace of monthly asset purchases EUR/JPY Daily Outlook- May 14, 2013 The EUR/JPY pair fell during the session on Monday, but as you can see bounced quite a bit by the end of the day in order to form a hammer. This hammer of course is focused on the 132 handle, and as a result looks like we are ready to continue going higher. With that in mind, a break of the highest from the Monday session is indeed a buy signal, and one that I fully intend on taking. GBP/USD Daily Outlook- May 14, 2013 The GBP/USD pair initially tried to rally during the Monday session, but as you can see found too much resistance at the 1.54 area in order to continue. In fact, we fell enough to form something that looks kind of like a shooting star, at least in its meaning. We are now sitting on top of support at the 1.53 area, which I believe is simply the outside border of the true epicenter of support at 1.5250, based upon the recent stair step action. EUR/USD Daily Outlook- May 14, 2013 The EUR/USD pair went back and forth during the session on Monday, finding the 1.30 level is far too resistive, while the 1.29 level below offers support. This very neutral looking candle suggests to me that we will continue to grind away in this market, and probably struggle for any real sense of direction for any real length of time. Granted, we did selloff pretty significantly last week, but in the end this pair tends to have nine lives over the course of time, and as a result it is always difficult to short. Crude Oil Price- May 14, 2013 The WTI market fell during the Monday session, closing just below the $95.00 handle. This market looks like it's trying to find some type of support in the $94.00 area, and as a result I think that we will see fairly tight trading over the next couple of sessions. In the long run, this could be a different story but we should see some type of consolidation in this general vicinity. AUD Signal - May 13, 2013 Check out this AUD signal from pro trader Andrew Keene to find your profitable position in the market. Only at DailyForex.com. Successful Trades on Mar 13, 2013 According to the analysis of the USD/JPY and AUD/USD trader profited on a binary options platform. Gold Price Analysis- May 13, 2013 The XAU/USD pair posted first weekly loss in three weeks as a strong rally in the U.S. dollar pushed prices down. Friday's settlement was the lowest closing price since April 24. Gold has been under pressure for some time because of the persistent improvement in U.S. data and expectations that the Federal Reserve will scale back quantitative easing before the end of 2013. AUD/USD Daily Outlook- May 13, 2013 The AUD/USD pair fell rather significantly during the Friday session, and at one point even managed to break the parity level. This market has been an interesting one to watch over the last 18 months, as we simply could not break out of the consolidation area that the market had been forced into Crude Oil Price- May 13, 2013 The WTI Crude Oil market continues to hang about the $96.00 level, as it had most of the week. You will see though that I have included an hourly chart from this market, in order to show the significance of the bounce that we saw happen on Friday. Because of this, it appears that the market is certainly more bullish than anticipated, but overall I still look at this market as being very choppy to say the least. GBP/USD Daily Outlook- May 13 The GBP/USD pair fell during the session on Friday, and even broke down below the 1.54 area, a spot that I figured would be supportive. Granted, I only looked at it is potentially been minor support, but the fact that was violated is something that has to be paid attention to. USD/JPY Daily Outlook- May 13 The USD/JPY pair kept on going higher during the session on Friday, confirming the breakout that we had seen on Thursday. The breakout on Thursday was significant as the 100 level has been so massively resistant Weekly FX Forecast- May 12, 2013 The pair fell during the week, but remains choppy to say the least. Although we broke below the 1.30 level, we didn’t do so significantly, and as a result it looks as if the market wants to chop around more. Gold Price Analysis- May 10, 2013 The XAU/USD pair tried to reach the 1486 resistance but failed as the USD bulls gained some strength after the report released by the U.S. Labor Department revealed initial jobless claims dropped by 4K to 323K, the lowest level since 2008. EUR/USD Daily Outlook- May 10, 2013 The EUR/USD pair fell during the session on Thursday, bouncing around in the consolidation box of the market been trapped in for the last month or so. This area is fairly well defined, as the 1.32 area seems to be the top, while the 1.30 level seems to be the bottom. USD/JPY Daily Outlook- May 10, 2013 The USD/JPY pair finally did would everybody was hoping for on Thursday, it finally broke above the 100 level. Because of this, it appears that this market is ready to continue much higher, and it must be said that the Bank of Japan must be very happy with what's going on so far. After all, it really hasn't had to do too much at this point time I'm in order to get the value of the Begin to sink. It appears during the Thursday session, many of the previous option barrier that the 100 handle have been overcome, and as a result this market looks like it's ready to go much higher. Crude Oil Price- May 10, 2013 The WTI Crude markets fell during the session on Thursday, but did bounce significantly in order to form something along the lines of a hammer. This of course is a bullish sign, but I see the $97.00 level just above as offering resistance. GBP/JPY Daily Outlook- May 10, 2013 I believe that this particular market will do quite well, especially considering that the British pound have seen a bit of a resurgence lately. On top of that, this pair is and as liquid as some of the other ones, so therefore the move could be relatively strong. I also like a couple of other Yen related pairs, namely the Aussie and the Kiwi Gold Price Analysis – May 9, 2013 Gold prices (XAU/USD) settled higher yesterday, as weakness in the U.S. dollar helped buyers. The XAU/USD pair traded as high as 1476.73 after prices changed direction at the 1442 support level Crude Oil Price- May 9, 2013 The WTI Crude market had a positive session on Wednesday again, as we continue to bounce around in a consolidation area. Looking at this chart, I can see that the $97.00 level begins a significant amount of resistance. I believe that this resistance area runs all the way up to the $98.00 level, and possibly even higher. There is a significant amount of noise from back in January in this general vicinity, so this isn't exactly unprecedented. EUR/USD Daily Outlook- May 9, 2013 The EUR/USD pair rose during the session on Wednesday, and gained significantly. However, as you can see the 1.32 level has offered enough resistance to repel price. The candle itself does look supportive though, so I have to suggest that perhaps this market may have a bit of a bid in a going forward, and that is significant attempt to take out resistance may have been. AUD/USD Daily Outlook- May 9, 2013 The AUD/USD pair initially rallied during the Wednesday session, but as you can see the 1.02 level acted as enough resistance to push price back down. The resulting candle for the Wednesday session was a shooting star, and the fact that it is at the bottom of a significant selloff is of course a very bearish sign as well. The 1.02 level acting as resistance doesn't help the case for the buyers either, as it was one support, and this of course could show a significant push lower. USD/NOK Daily Outlook- May 9, 2013 The USD/NOK pair isn’t necessarily one that many of you will trade on a regular basis. However, the Norwegian krone is a liquid enough currency that successful trades can be placed using it. The first thing to understand about Norway's economy is that it is highly influenced by the price of crude oil. This is because many of those drilling rigs in the North Sea are actually Norwegian owned, and therefore the Norwegian krone is somewhat of a petro currency. Successful Trades On May 8, 2013 According to Christopher Lewis analysis of the EUR/JPY, “Going forward, I think that eventually the 131 level will get broken above, and the fact that the market is so strong going forward, I think that we will see a move towards the 135 handle at first, and perhaps even much higher levels”. Gold Price Analysis- May 8, 2013 Gold prices continued to fall yesterday as the bulls failed to overcome the resistance level at 1486 to gain more momentum. It seems that major investment companies and funds are reluctant to buy gold after last month's sharp drop, which caused prices to break out of a massive consolidation area. GBP/CHF Ready To Fall? The British Pound is showing signs of weekness across most of the key currencies, but none are showing so clearly as the GBP/CHF. THis pair has now made a double top on the daily chart and printed a Pin Bar Reversal candle this time around, AND the double top is the right arm of a large daily 'W' formation, a reversal pattern in itself. Crude Oil Price- May 8, 2013 The WTI Crude market had a slightly negative session on Tuesday, continuing the lack of bullishness that we've seen over the last three days. The candlesticks for Friday and Monday both look very shaky at best, but I do see significant support at the $95.00 level. Going forward, I believe that this market is trying to run out of steam and start falling again, but until we get a close below the $95.00 level, I would be a bit hesitant to short this market. EUR/USD Daily Outlook- May 8, 2013 The EUR/USD pair continue to grind sideways during the session on Tuesday, essentially staying in the center of the larger consolidation area that the market has been stuck in for over a month. I see the bottom of this consolidation area as being the 1.30 handle, and the top of it as being the 1.32 level. Until we break out of this 200 PIP range with significant momentum, I find this market very difficult to trade. AUD/USD Daily Outlook- May 8, 2013 The AUD/USD pair fell during the session on Tuesday, which of course is a much of a surprise considering that the Reserve Bank of Australia cut rates to the 2.75% level. However, this market had an interesting reaction as not only did a breakdown, but it didn't break down significantly. Because of this, I feel that the support below must be fairly strong. EUR/JPY Daily Outlook- May 8, 2013 The EUR/JPY pair fell during the session on Tuesday, just as the Euro looked weak in general. This pair has an obvious breakout point at the 131 handle, an area that we can't clear quite yet. However, I feel that it's only a matter of time before this market does breakout, and I would be very aggressively long of it when it does. Successful Trades on May 7, 2013 According to the analysis of the EUR/USD and CRUDE OIL trader profited on a binary options platform. Gold Price Analysis- May 7, 2013 The XAU/USD pair (Gold vs. the American dollar) closed the session slightly lower than opening but remained within the last six days trading range. Prices have been moving above the Ichimoku cloud on the 4-hour time frame for some time but the bears' camp at 1486 is blocking the bulls' way. Between Fed’s unlimited money printing, ECB's dovish stance and mounting tension in the Middle East, gold will be appealing. EUR/USD Daily Outlook- May 7, 2013 The EUR/USD fell during the session on Monday, as you can see on the chart attached. However, you can also see that the market bounced off of the 200 day exponential moving average as well. This is kind of ironic, considering the fact that the market has sliced through this moving avere quite often recently, that it would even bothered to acknowledge it. Crude Oil Price- May 7, 2013 The WTI Crude market tried to rally during the session on Monday, and while he did managed to break above the $97.00 level at one point in time, and you can see that the market got pushed back down. As a result, this candle that formed for the Monday session is indeed a shooting star, and does look very bullish at this point in time. AUD/USD Daily Outlook- May 7, 2013 The AUD/USD pair fell during the session on Monday, bouncing just above the 1.02 support level yet again. That being the case, it appears that this market is going to continue to grind sideways, as the 1.02 level has been massively supportive. This support has been there for roughly 18 months, and as a result I think that this pair will continue to struggle to get below this area. USD/JPY Daily Outlook- May 7, 2013 The USD/JPY pair did almost nothing during the Monday session, but quite frankly most markets around the world were real snoozers at best. Because of this, there isn't a whole lot that can be disseminated as far as information is concerned from the Monday session. However, looking at this chart it is obvious that the 100 area still looms large as resistance. FXA (AUD) Signal - May 6, 2013 Get the latest from pro trader Andrew Keene at DailyForex.com - and see what he is predicting for the Australian dollar. Successful Trades on May 6, 2013 See how one trader profited on AUD/USD and Crude Oil based on today's analysis from DailyForex.com. EUR/USD Daily Outlook - May 6, 2013 The EUR/USD pair continued to chop around during the Friday session, in response to the better than expected Non-Farm Payroll number out of the United States. Because of this number, there will now be a “risk on” attitude in the short-term, and I believe that this pair will be pushed and pulled quite a bit going forward. GBP/CHF Daily Outlook - May 6, 2013 The GBP/CHF pair initially pulled back during the Friday session, but as you can see bounced back significantly in order to form a hammer. This hammer suggests that the pair is ready to continue higher, and this makes complete sense as the British pound continues to show strength overall, perhaps as a reconsideration of the British economy on the whole as it has avoided a “triple dip recession. EUR/JPY Weekly Outlook - May 6, 2013 Last week, ECB's Governing Council did reduce refinancing rates from 0.75% to 0.5% while deposit rates remain untouched at 0.0%. However, ECB President Mario Draghi left room for negative rates by saying "we stand ready to act if needed." AUD/USD Daily Outlook - May 6, 2013 The AUD/USD pair had a great showing on Friday in reaction to the stronger than expected Non-Farm Payroll report out of the United States. This had the market bullish in general, and the Aussie is one of the Forex community’s favorite ways to play the “risk on” attitude of the markets. Gold Price Analysis - May 6, 2013 Gold prices settled slightly higher last week but the 1486 level continues to be hurdle for the bulls. This level had been a strong support level back in 2011, right before the precious metal started a rally to 1920. Indecisive Swissy (USD/CHF) The USD/CHF spent Friday much like it's causing the EUR/USD, trying to decide if it should go up, or down...or sideways. As a result, it finished the day with a total range of about 100 pips, but closed less than 5 pips from where it began the day. Weekly FX Forecast- May 6, 2013 This pair continues to grind around in a relatively tight pattern. It is because of this that I feel that this market cannot be traded for anything more than a short-term trade. As such, the weekly forecast will remain choppy at best, and directionless. In order to break out in either direction, the 1.3250 level needs to be overcome on a daily close, or a move below the 1.29 level will have to happen. Until then, expect this to be a scalper’s market. Gold Price Analysis - May 3, 2013 The XAU/USD pair is trading in the middle of the 23.6 and 38.2 Fibonacci retracement levels based on the bearish run from 1795.75 to 1321.52. Prices have been trapped within a relatively tight range for the last 6 days as the pair continued to meet sellers around the 1486 level and buyers came in at the 1444 level. Crude Oil Price - May 3, 2013 The WTI Crude market had a very strong showing during the session on Thursday, reclaiming all of the losses that we found in this marketplace on Wednesday. Ultimately, we close right around the $94.00 handle, and this of course suggests that the $95.00 level above will continue to be resistant as well. EUR/USD Daily Outlook - May 3, 2013 The EUR/USD pair fell rather dramatically during the session on Thursday, which was foreshadowed by the wicked looking shooting star on Wednesday. The 1.32 level had been resistive previously, so technically speaking this pair look like it was ready to start pulling back again. NZD/USD Daily Outlook - May 3, 2013 The NZD/USD pair fell during the session on Thursday, as you can see clearing the 0.85 handle significantly during the trading session. However, by the end of the session we had bounced enough to form a hammer at what was once significant resistance. EUR/JPY Daily Outlook - May 3, 2013 The EUR/JPY pair rose during the session on Thursday, but as you can see struggle that once it hit the 130 handle. This of course would've had been predicated upon not only that significant resistance area, but the fact that the European Central Bank did in fact cut rates during the session. GBP/USD Signal - May 2, 2013 The GBPUSD pair is currently testing the 50% Fibonacci retracement with a uptrend. Get the full Forex signal here. Gold Price Analysis - May 2, 2013 The XAU/USD pair has been trying to form an ascending channel on the 4-hour chart and yesterday prices pulled back to the bottom line which coincided with the support level of 1444. Crude Oil Price - May 2, 2013 The WTI markets fell during the session on Wednesday, as the inventory number in the United States came out much larger than expected. This of course affects the whole supply and demand equation when it comes to this market, and as a result it's not surprising to see this market fall. EUR/USD Daily Outlook - May 2, 2013 The EUR/USD pair rallied for most of the session on Wednesday, but as you can see gave back quite a bit of the gains in order to form a shooting star. This shooting star was placed just about as perfectly as possible if you are bearish of this pair. GBP/USD Daily Outlook - May 2, 2013 The GBP/USD pair rose during the session on Wednesday again, as we continue to march from the 1.52 level that we were at just a week ago. However, later in the session on Wednesday we saw the sellers stepped back into the marketplace and push this pair down enough to form a shooting star. NZD/CHF Daily Outlook - May 2, 2013 The NZD/CHF pair is one of my favorite pairs to trade in what seems to be an increasingly interconnected marketplace around the world. This is because the two currencies are so diametrically opposed in their representations of risk appetite. EUR/USD Rejects 1.3250 - May 2, 2013 The EUR/USD started the day yesterday looking like it was going to head for 1.3300 and nothing was going to stop it. Oh what a difference 24 hours makes. Gold Price Analysis - May 1, 2013 Recently the XAU/USD pair (Gold vs. the Greenback) has been trapped between the top of the Ichimoku cloud which sits at the 1444 level and a historical support/resistance level at 1486. Crude Oil Price - May 1, 2013 The WTI Crude had a negative session on Tuesday, pulling back from just below the $95.00 level. I have been speculating recently that we may have just entered a previous consolidation area, and that we could see a bit of choppiness between the $92.00 level on the bottom, and the aforementioned $95.00 level on the top. EUR/USD Daily Outlook - May 1, 2013 The EUR/USD pair rose during the session on Tuesday, breaking above the last remnants of the shooting stars from the past couple of weeks. This of course is a very bullish sign; however we have seen significant resistance of the 1.32 level previously, so I'm not quite ready to start buying yet. AUD/USD Daily Outlook - May 1, 2013 The AUD/USD pair rose during the session on Tuesday, but as you can see the 1.04 level continues to be far too much in the way of resistance for this pair to continue higher. However, I do believe that eventually will breakout above that level, as it is only the "middle line" of a larger rectangle that we have been trading in for roughly 17 months. USD/JPY Daily Outlook - May 1, 2013 The USD/JPY pair fell during the session on Tuesday, and even managed to break the bottom of the hammer from the Monday session. Until circumstances, this is a very bearish signal and I would probably consider selling at this point. AUD/USD Tests Key Pivot- May 1, 2013 The AUD/USD is currently sitting at a level, 1.0350-1.0400 that has been a key pivotal level for the pair. Looking at a Weekly chart we can see very clearly how important this area is for the Aisa-Pacific currency. Successful Trades on Apr 30, 2013 According to the analysis of the GBP/USD and AUD/USD trader profited on a binary options platform. GBP/AUD Signal - April 30, 2013 The GBP/AUD pair is failing to breakout. Get the Forex signal for this pair here. EUR/USD Weekly Outlook- April 30, 2013 After the Asian markets opened, Euro received a strong bullish impetus based on news coming from Italy. The newly (s)elected Prime Minister Enrico Letta has quickly settled to the task of governance by appointing 21 cabinet ministers and members of government. Get the analysis for the EUR/USD here. Gold Price Analysis - April 30, 2013 The XAUUSD pair started the week with a gap to the upside as data out of the United States last week reinforce expectations the U.S. Federal Reserve will remain hyperactive and keep purchasing assets at a pace of $85 billion a month. Crude Oil Price - April 30, 2013 The WTI Crude market had a strong showing during the session on Monday again, smashing above and trying to break above the $95.00 handle. It is at the $95.00 level that I feel this market could go much higher if we get above. EUR/USD Daily Outlook - April 30, 2013 The EUR/USD pair showed strength during the Monday session, breaking above the recent shooting star from last Thursday. The candle suggests that we were perhaps going to break down below the 1.30 handle, but the action for Monday suggests the exact opposite. GBP/USD Daily Outlook - April 30, 2013 The GBP/USD pair broke above the 1.55 handle during the session on Monday, an area that I considered very important for this currency pair. However, as you can see on the chart the market failed to stay above there for any significant close, and as a result I believe that the sellers have stepped in at an area that looked a very obvious for resistance to appear. AUD/USD Daily Outlook - April 30, 2013 The AUD/USD pair rose during the session on Monday, breaking through shooting stars that we have formed over the last two weeks. However, the 1.0350 level looks like it's offered enough resistance to keep the buyers at bay. GBP/USD Rejects 1.5550 The GBP/USD traded as high as 1.5545 yesterday and closed as a daily pin bar reversal from this level as well as double Pin Bars on the 4 Hour Time Frame. Successful Trades on Apr 29, 2013 According to the analysis of the NZD/USD and CAD/JPY trader profited on a binary options platform. Weekly FX Forecast- April 29, 2013 End off the month of April with a Forex forecast of some of the major pairs. Based on their performance last week, the upcoming week and month may be important for your trading. Get the details here. FXY (JPY) Signal - April 29, 2013 CurrencyShares Japanese Yen Trust (NYSEARCA: FXY) pushed higher on April 26, 13 to 100.12 after news of latest inflation figures from Japan. The trust remains at a -2.66% level below its 50 day moving average and +2% above its 52-week low. EUR/GBP Signal - April 29, 2013 The EUR/GBP is entering a medium-term downtrend. Learn what this can mean for your trading with this free Forex signal from BNRY here. Gold Price Analysis - April 29, 2013 Although gold prices declined on Friday, the market had a strong week overall. The XAU/USD pair traded as high as 1485.45 but prices reversed after encountering heavy selling pressure at that point. Crude Oil Price - April 29, 2013 The WTI market fell during much of the session on Friday, but as you can see bounced off the $92.00 level in order to form a hammer. This hammer is placed in an area that I find very interesting as it does suggest that perhaps the $92.00 level is now trying to act as support. EUR/USD Daily Outlook - April 29, 2013 The EUR/USD pair gained during the Friday session, but as you can see it just bounced enough to show the 1.30 level as being supportive. However, this isn't exactly a surprise as we've seen support here over and over now. NZD/USD Daily Outlook - April 29, 2013 The NZD/USD pair tried to rally during the Friday session, but just as it did on Thursday, it simply could not stay above the 0.85 level. It is because of this that I think we may see some weakness coming in this pair, but I am not necessarily calling for some type of meltdown as the market is most certainly well supported at the moment. CAD/JPY Daily Outlook - April 29, 2013 The CAD/JPY pair is one of my favorite to trade under normal circumstances. This is because the fundamental reasons that push the market are so obvious at times. As a general rule, this pair will follow the trajectory of oil as Canada exports, and Japan has to inform 100% of the petroleum it uses. GBP/JPY Double Top- April 29, 2013 In spite of last Thursday's massive rush higher for the British Pound, the Japanese Yen is showing signs of strength against it as well as most other major currencies. USD/CAD Signal - April 26, 2013 Learn which position to take for the USD/CAD pair here from this Forex signal from the experts at BNRY. Gold Price Analysis - April 26, 2013 The XAU/USD pair had a bullish day as gold buying frenzy continued to drive prices higher. Also the recent weakness in the American dollar has been providing support for the shiny metal. Crude Oil Price - April 26, 2013 The WTI Crude market had a positive session during the Thursday trading day, as we continue to grind away higher. Quite frankly, I am surprise that we managed to break above the $92.50 level, as I suspected that would be resistive enough to keep prices away. EUR/USD Daily Outlook - April 26, 2013 The EUR/USD pair initially rallied during the session on Thursday, but as you can see struggle that the 1.31 handle yet again. The pushback that we saw during the session formed a shooting star that is sitting right at the 1.30 handle, and this does look like a market that's trying to grind its way lower. USD/JPY Daily Outlook - April 26, 2013 The USD/JPY pair has been one that everyone's talking about recently, and with good reason. Simply put, this marketplace is where most of the action in the Forex markets has been over the last couple of months, and quite frankly I believe it will continue to be. NZD/USD Daily Outlook - April 26, 2013 The NZD/USD pair rose during the session on Thursday, breaking above the vital 0.85 resistance area. However, we did see quite a bit of the gains reversed, and eventually printed somewhat of a shooting star like candle. CAD/JPY Signal - April 25, 2013 The CAD/JPY pair is heading upward so check out this Forex signal from the experts at BNRY for DailyForex.com here. Gold Price Analysis - April 25, 2013 After a temporary pause on Tuesday, gold prices continued to move higher yesterday. The XAU/USD pair managed to break above the 1430 resistance level as the American dollar weakened after the data released by the Commerce Department showed that demand for durable goods slumped in the previous month. Crude Oil Price - April 25, 2013 The WTI Crude Oil market rose during the session on Wednesday, reaching the $91.55 level by the end of the session. I have recently mentioned that the $92.00 level would be the beginning of significant resistance, and they do feel that it is a "zone" all the way up to the $92.50 level. EUR/USD Daily Outlook - April 25, 2013 The EUR/USD pair fell during most of the session on Wednesday, but as you can see the bullishness that came into the market that the Euro was pushed above the 1.30 handle. USD/MXN Daily Outlook - April 25, 2013 The other day, I mentioned this pair in my analysis and told many of you that I thought it would start falling again. It has certainly done just that, and it also has done it in congruence with the rising of oil prices. USD/JPY Daily Outlook - April 25, 2013 The USD/JPY pair fell during most of the session on Wednesday, but managed to form a bit of a hammer for the session. While the candle itself isn't that impressive, the fact that it formed just after a massive hammer on Tuesday is what caught my attention. AUD/USD Breaks Descending Channel The AUD/USD has been falling more or less since April 10th and from the 15th until today the pair has been trading in a descending channel seen clearly on the 4 hour time frame. Successful Trades on Apr 24, 2013 According to the analysis of the EUR/JPY and AUD/USD trader profited on a binary options platform. Gold Forecast for May 2013 Gold has been a hot topic in the news recently based on the prices that have fallen drastically. Many people think that this trend could be over but we have the predictions for the next month right here. Get all the information you need for gold prices and what it can mean for your trading. USD/JPY Trade Idea - April 24, 2013 This time we would like to talk about the merits of two opposing trades: long and short USD-JPY. The rationale is to highlight the reasons in favor of each move and by doing so clarifying the risks of the opposite move. Get the analysis here. XAU/USD Signal - April 24, 2013 The ounce of gold is bouncing back since several sessions due to its very strong downtrend those past weeks. Get the Forex signal for the XAU/USD pair here. Gold Price Analysis - April 24, 2013 The XAU/USD pair closed Tuesday's session lower than opening after five consecutive days of gains. Investors turned to the relative safety of the American dollar after the PMI data out of China and Eurozone missed expectations. Crude Oil Price - April 24, 2013 The WTI Crude market had a positive session on Tuesday, breaking above the $89.50 level. This move suggests that we are going to see continued bullishness in this marketplace, and could very well see a move to the $90.00 level over the course of the next session or two. EUR/USD Daily Outlook - April 24, 2013 The EUR/USD pair is a great place to lose money these days. In fact, many of the professional traders that I speak to on a daily basis are simply avoiding it. However, having said that it does look like we have seen a little bit more of a weak turnover the last 24 hours in this marketplace. AUD/USD Daily Outlook - April 24, 2013 The AUD/USD pair fell during most of the session on Tuesday, but as we approached the 1.02 level, buyers stepped in to provide plenty of support. When you look at this chart from a longer-term perspective, you can see that the 1.02 level was of course the bottom of the massive consolidation area that this market has been stuck in for the last 18 months or so. EUR/JPY Daily Outlook - April 24, 2013 The EUR/JPY pair fell during most of the session on Tuesday, testing the 1.2750 area. However, you can see the buyers stepped back into the marketplace as you would expect, and sent this market high enough to form a fairly decent looking hammer. Successful Trades on Apr 23, 2013 According to the analysis of the USD/JPY and EUR/USD trader profited on a binary options platform. USD/JPY Signal - April 23, 2013 The USD/JPY pair is currently drawing a double-top on the 99.90 resistance. Get the Forex signal for this pair here. Gold Price Analysis - April 23, 2013 The XAU/USD pair advanced towards the critical resistance level at 1444 yesterday as a weaker U.S. dollar lured some investors back to the market. Crude Oil Price - April 23, 2013 The WTI Crude Oil market rose during the session on Monday, breaking the top of the shooting star that had formed on Friday. This is obviously a very bullish sign, but I still am a little bit leery of going long at this point in time. GBP/USD Retraces 50% - April 23, 2013 Yesterday was a relatively boring day in the Forex markets, with very few news events or fundamentals and a low volume Monday to top it off, not many of the major pairs moved much one way or the other. EUR/USD Daily Outlook - April 23, 2013 The EUR/USD pair fell during the Monday session, piercing the 1.30 handle for a moment. However, by the end of the session we bounced enough to form a hammer, and this of course means more confusion. USD/JPY Daily Outlook - April 23, 2013 The USD/JPY pair fell during the session on Monday, as the 100 handle proves to be far too resistant yet again. I have been talking to several people in the industry, and many of them seem to be of the opinion that there must be a large options barrier just above us. USD/MXN Daily Outlook - April 23, 2013 The Mexican Peso isn't one of those pairs that most of you will trade very often, but it really is one you should pay attention to. It's one of the best performing currencies when it comes to trying to track the so-called "emerging markets", and is probably one of the few currencies that most of you can find to trade in Latin America. FXB (GBP/USD) Signal - Apr. 22, 2013 Check out this signal for the FXB GBP/USD from pro trader Andrew Keene, only at DailyForex.com. Successful Trades on Apr 22, 2013 According to the analysis of the EUR/USD and GBP/USD trader profited on a binary options platform. EUR/USD Weekly Outlook- April 22, 2013 For the previous week, the Euro rose to an eight-week high before later crashing and ending the week lower. Italy’s inability to form a government since February’s election cliffhanger is one major reason. Get the analysis for the EUR/USD here. Weekly FX Forecast- April 22, 2013 Some of the major pairs had a bullish week last week. See what this means for your trading for this upcoming week and plan accordingly with this weekly Forex forecast. GBP/USD Signal - April 22, 2013 Begin your week with a Forex signal for the GBP/USD pair from the experts at BNRY for DailyForex.com. See where this pair is headed here. Gold Price Analysis - April 22, 2013 Although gold prices closed higher than opening for days in a row, we had a bearish candle on the weekly chart. The XAU/USD pair traded as low as 1321.52 on rumors that the government in Cyprus is going to sell its gold in order to supply additional funds which will be required to solve the crisis in banking sector. Crude Oil Price - April 22, 2013 The WTI Crude market went back and forth during the session on Friday, essentially hovering around the $80.25 level. This market looks like it's trying to consolidate, probably between $89.00 level and the $86.00 level. EUR/USD Daily Outlook - April 22, 2013 The EUR/USD pair tried to rally during the session on Friday, which you can see that the 1.31 level offered too much resistance for the second day in a row. Because of this, we have formed the second shooting star in a row, which of course is a very bearish sign. AUD/USD Daily Outlook - April 22, 2013 The AUD/USD pair attempted to rally during the session on Friday, reaching as high as 1.0370 or so. However, as you can see on the chart the buyers lost steam late in the day, and we formed a wicked looking shooting star. GBP/USD Daily Outlook - April 22, 2013 The GBP/USD pair originally tried to rally during the session on Friday, but as you can see gave way towards the end of the session as word got out of a Fitch downgrade of the United Kingdom from "AAA" to "AA+.” EUR/USD: Head & Shoulders After a wild week for the EUR/USD last week we can now look back and see some method to the madness, or at least a potential way to trade this roller coaster. The EUR/USD started the week by breaking the previous week's low, and I am sure more than a few traders went short at this point since this was at a key support/resistance area at 1.3100. EUR/AUD Signal - April 19, 2013 The EUR/AUD pair is currently testing the 50% level of Fibonacci. Get the Forex signal here before you begin your weekend. Gold Price Analysis - April 19, 2013 After a choppy session the XAU/USD pair (Gold vs. the Greenback) closed the day higher as lower prices continued to lure Asian buyers. In addition to increasing demand for physical gold, short covering ahead of the G20 meeting helped the bulls to defend the 1333 support zone. Crude Oil Price - April 19, 2013 The WTI Crude market had a fairly decent bounce during the session on Thursday, as we saw the market break above the $88.00 level. However, the market is still fairly weak as far as I can tell, even though we sit on top of a relatively messy cluster that had formed way back in November of 2012. EUR/USD Daily Outlook - April 19, 2013 The EUR/USD pair rallied during the session on Thursday, but as you can see on this chart sell at the 1.31 handle, showing that we are starting to lose a little bit of momentum in this market. GBP/CHF Daily Outlook - April 19, 2013 The GBP/CHF pair had an interesting session on Thursday, breaking above the top of the hammer that was formed on Wednesday. With even more interesting is that this all happened of the 1.42 handle, an area that has been supportive and resistance in the past. GBP/USD Daily Outlook - April 19, 2013 The GBP/USD pair bounced off of the 1.5250 level for the Thursday session, but did give back some of its gains. The pair previously had significant resistance at that level, so the fact that it's acting like support now should be much of a surprise. Successful Trades on Apr 18, 2013 According to the analysis of the GBP/USD and EUR/USD trader profited on a binary options platform. GBP/USD Signal - April 18, 2013 The GBP/USD pair may be heading downward but don't let that stop you from checking out this Forex signal and getting the stop-loss here. Gold Price Analysis - April 18, 2013 The XAU/USD pair has been range bound since prices bounced off of the 1320 level. Although gold prices advanced two days in a row, we are still trapped in a relatively small range during the Asian session today. Crude Oil Price - April 18, 2013 The WTI Crude market fell during the session on Wednesday, breaking below the $87.00 level. Within this chart, you can see that in the after hours we are continuing the weakness, and a break of the $86.00 level wouldn't be surprising, and it would be very bearish. EUR/USD Daily Outlook - April 18, 2013 The EUR/USD pair had a very negative session on Wednesday, as we continue to flood around the 1.31 handle. In fact, at one point time we put a serious attack on the 1.30 handle, an area that I think would lead to lower prices if we can break down below it on a daily close. USD/JPY Daily Outlook - April 18, 2013 The USD/JPY pair of positive session on Wednesday, but failed to break above the 98.25 level. This area has been support recently, and as a result it was expected to be resistant. In fact, it has acted as such, and as a result the candle couldn't quite break above it and hold for any length of time. GBP/USD Daily Outlook - April 18, 2013 The GBP/USD pair had a negative session on Wednesday, piercing the 1.5250 support level, albeit for just a brief moment or two. Nonetheless, it does appear that we have made a serious attack on the support, and it seems that this market could very easily drop from this level. AUD/CHF: Bounce or Continuation? The AUD/CHF has printed a Bullish Pin Bar on the 0.9600 support zone after yesterday’s price action. Support is seen at this level from the highs in February, as well as October 2012 and beyond. Successful Trades on Apr 17, 2013 According to the analysis of the EUR/JPY and EUR/USD trader profited on a binary options platform. EUR/GBP Signal - April 17, 2013 The EUR/GBP pair is resuming its upward trend. Get the Forex signal for this pair here. Gold Price Analysis - April 17, 2013 The XAU/USD pair closed higher than opening as market players started taking profits near the 1320 support level as expected. Gold prices hit 1321.52 yesterday, the lowest since January 2011, before bouncing back to the 1403. Crude Oil Price - April 17, 2013 The WTI Crude market fell initially during the session on Tuesday, reaching all the way down to the $86.00 level. However, we got a significant bounce from that level, and closed just below the $89.00 level by the end of the day. EUR/USD Daily Outlook - April 17, 2013 The EUR/USD pair had a strong showing on Tuesday as the 1.31 level was broken to the upside. This market continues to show strength as we have seen over the last couple weeks, and the fact that we managed to pierce the 1.33 level suggests that there is a bit of underlying strength in this marketplace. EUR/JPY Daily Outlook - April 17, 2013 The EUR/JPY pair absolutely took off during the session on Tuesday, reclaiming almost all of the losses that we saw on Monday. This was an extraordinarily strong candle would put in that context, and as a result it's obvious that you can only buy this pair going forward. CAD/JPY Daily Outlook - April 17, 2013 The CAD/JPY pair had an interesting session on Tuesday, as it bounced fairly significantly from the 94.25 level, and continued as high as 96.20 during the session. One of the things that makes this pair a bit more interesting than the other yen related ones for the session is the fact that there is a monetary policy meeting for the Bank of Canada later today. Gold Price Analysis - April 16, 2013 Faster than a speeding bullet, more powerful than a locomotive...Yes, I am talking about gold! The XAU/USD pair continued its freefall yesterday and as a result we have returned to a level which hasn't been seen since the beginning of 2011. Crude Oil Price - April 16, 2013 The WTI Crude Oil market had an absolutely horrific session on Monday, as we sliced through one of minor support level after another. Eventually, we found the $90.00 level, an area that should have been massive support. EUR/USD Daily Outlook - April 16, 2013 The EUR/USD pair had a negative tone to it on the Monday session, but quite frankly considering how drastically some of the risk assets out there sold off, it's not much to worry about if you happen to be bullish of the Euro. EUR/JPY Daily Outlook - April 16, 2013 The EUR/JPY pair fell rather precipitously during the session on Monday, as the "risk off" attitude came back into the marketplace. This would have been kicked off by the less than stellar economic numbers out of China overnight, and as a result we saw quite a bit of selling in various marketplaces. USD/CAD Daily Outlook - April 16, 2013 The USD/CAD pair had a bullish session during the Monday trading hours as we finally broke above the 1.02 level solidly. In fact, we managed to break above the 1.0230 area, which was a recent high that I had anticipated being rather resistive. Weekly FX Forecast - April 15, 2013 Before you begin your trading for the week check out this Forex forecast for some of the major pairs to learn where they may be headed. EUR/JPY Signal - April 15, 2013 Check out this Forex signal for the EUR/JPY pair brought to you by the experts at BNRY for DailyForex.com. EUR/CAD Weekly Outlook- April 15, 2013 All through last week, the Canadian dollar held firm against the Euro after its recent losses. The losses came on the back of rumors that plans to bolster Europe’s financial system is now weakening. Get the analysis for the EUR/CAD pair here. Gold Price Analysis - April 15, 2013 The XAU/USD pair had an interesting week, as prices finally broke below the 1532 support level which was the bottom of a giant consolidation zone. Gold prices had been running in this rectangle more than 80 weeks. Crude Oil Price - April 15, 2013 The WTI contract fell rather drastically during the session on Friday, as commodities in general got whacked. This is a recurring theme throughout the commodity sector, and as a result we saw several staples of the commodity markets collapse. EUR/USD Daily Outlook - April 15, 2013 The EUR/USD pair fell during most of the session on Friday, but as you can see we got a bit of a bounce off of the 1.3025 region in order to form a hammer. What I find most interesting about this hammer is the fact that we closed just at the 1.31 handle, an area that had been so resistive lately. USD/JPY Daily Outlook - April 15, 2013 The USD/JPY pair has been a one-way trade for quite some time, and the entire Forex world wants to sell the Japanese yen. This is been a great way to boost your accounts, as the simplicity of this trade has been quite overwhelming. NZD/USD Daily Outlook - April 15, 2013 The NZD/USD pair finally broke out of the massive consolidation area that ended at the 0.8550 area during the course of the previous week. On Friday, we saw a bit of a pullback, but also sold bounce from that area as well. EUR/USD At Tipping Point Apr. 15, 2013 The EUR/USD is certainly under a lot of pressure fundamentally speaking. The Cyprus debt issue continues to weigh heavy on the currency, which has been impressively resilient so far. AUD/CAD Signal - April 12, 2013 End your trading week with a Forex signal from the experts at BNRY for the AUD/CAD pair here. Gold Price Analysis - April 12, 2013 The XAU/USD pair (Gold vs. the American dollar) closed the day slightly higher than opening as the lowest prices since last summer attracted some buyers yesterday. However, better-than-expected data out of the U.S. limited the shiny metal's gains. Crude Oil Price - April 12, 2013 The WTI Crude market fell during the session on Thursday, reaching for the $93.00 level as support, and eventually finding it. The market did bounce from that level, and as a result it looks like the area of that is surrounded by $92.00 and $94.00 will continue to be messy and noisy. EUR/USD Daily Outlook - April 12, 2013 The EUR/USD pair went higher during the Thursday session, and actually managed to crack the 1.31 handle for the second day in a row. It should be stated that some of the gains were given back, and the breakout wasn't exactly impressive either. However, it is what it is, and we find ourselves above the 1.31 handle. AUD/USD Daily Outlook - April 12, 2013 AUD/USD had an interesting day as it went back and forth during the Thursday session. As you can see, we went as high as 1.0580, and as low as the 1.05 handle. This tells me that the market is very volatile, but more importantly tells me that the market wants to go higher. USD/JPY Daily Outlook - April 12, 2013 The USD/JPY pair initially fell during the Tuesday session, but got close to the 99 handle and saw a lot of buyers stepped into the marketplace in order to prop it up. This is probably how was pair is going to act in the near-term, simply because the entire world wants to short the Yen, but many of the traders out there would have missed this trade. Successful Trades on Apr 11, 2013 According to the analysis of the AUD/USD and EUR/USD trader profited on a binary options platform. XAU/USD Signal - April 11, 2013 Gold is falling again and this Forex signal for the XAU/USD pair has the information you need for your trading. Check it out here. Gold Price Analysis - April 11, 2013 Without a doubt yesterday's main event was the release of the minutes from the Federal Reserve's March policy meeting. The American dollar got a lift when minutes of the meeting showed that the Federal Open Market Committee members think that if the outlook for labor market conditions improve as anticipated, it would probably be appropriate to slow purchases later in the year and to stop them by year-end. Crude Oil Price - April 11, 2013 The WTI Crude Oil market place initially sold off during the Wednesday session, dipping as low as the $93.50 level before bouncing back to the upside. We close that $94.58, which of course shows that we are just over the minor resistance area at $94.50 that I had mentioned previously. EUR/USD Daily Outlook - April 11, 2013 The EUR/USD pair cleared the 50 day exponential moving average just yesterday, but now we have a bearish signal. In fact, this is exactly where I would have anticipated it, assuming that we found ourselves falling back. NZD/USD Daily Outlook - April 11, 2013 The NZD/USD pair rose during the session on Wednesday, finally breaking clear of any and all resistance just above the 0.85 level. This represents a significant breakout as far as we are concerned, and we look at the overall market has been a massive consolidation area between the 0.85 and the 0.75 levels. AUD/USD Daily Outlook - April 11, 2013 The AUD/USD pair shot straight up during the session on Wednesday, showing strength yet again from third session in a row. As you can see, we are approaching the 1.0550 level at the close, and this of course is a very bullish sign. GBP/NZD At All Time Low April 11, 2013 The Kiwi is at its strongest level ever against the British Pound. This comes as a result of a relatively constant and steady increase in value in the Kiwi Currency combined with a faltering Pound...and now takes us into completely uncharted territory just like Captain Kirk & Jean-Luc Picard. AUD/CAD Signal - April 10, 2013 Begin your day on a high with this Forex signal for the AUD/CAD pair that is currently trending upward brought to you by the experts at BNRY for DailyForex.com Gold Price Analysis - April 10, 2013 Gold gained some ground against the greenback and covered Monday's losses as mounting tension in the Korea region bolstered the precious metal's safe haven appeal. Gold prices are also supported by growing expectations the central bank of the United States will keep buying assets to hasten economic recovery for the foreseeable future. Crude Oil Price - April 10, 2013 The WTI Crude Oil market had a back and forth session on Tuesday, essentially focusing on the $94.00 level. At the end of the session, we have the third the green candle in a row, and it does appear that the bullish case for a breakout above the $94.50 level is starting to gain some strength. EUR/USD Daily Outlook - April 10, 2013 The EUR/USD pair had a strong showing during the Tuesday session, as we initially dipped down to the 1.30 level, but had plenty of buying at that area to push market higher. By the end of the session, we closed just below the 1.31 handle, and above the 50 day exponential moving average. AUD/USD Daily Outlook - April 10, 2013 The AUD/USD pair had a strong showing on Tuesday, breaking all the way up to the 1.05 level again. However, by the end of the session we did pullback a little bit as the 1.05 level offered far too much resistance. USD/JPY Daily Outlook - April 10, 2013 The USD/JPY pair had a fairly weak showing during the Tuesday session, as the 100 level is just above. By the end of the session, we ended the market just above the 99 handle, and had formed a hammer. AUD/USD Testing Weekly Trend Line The AUD has staged a massive recovery this week against the US Greenback and is now testing a critical resistance level at 1.5000. Depending on how you look at it, the pair has either already broken, or is about to break a Weekly descending trend line. Successful Trades on Apr 9, 2013 According to the analysis of the NZD/USD and EUR/USD trader profited on a binary options platform. Is EUR/USD Heading for a Downtrend? Ben Bernanke’s comments coupled with the lack of changes to the ECB’s benchmark interest rate last week have seen the Euro climb back from multi-month lows to above the 1.30 handle. Get the full analysis here. USD/CAD Trade Idea - April 9, 2013 It seems like everyone is the FX world has been concentrating on two main themes in the last few weeks: Cyprus and Japan. The consequences to the EUR from the unfolding of the crisis in Cyprus are yet to be fully determined because, as bad as things are there, is a minor economy in terms of size. EUR/GBP Signal - April 9, 2013 The EUR/GBP pair is trending upward and the experts at BNRY have all the information you need with this Forex signal. Get the stop-loss now. Gold Price Analysis - April 9, 2013 Gold prices (XAU/USD) fell yesterday as the initial rally faded after the bulls run out of steam around the 1585 resistance level. Prices have been bearish during the Asian session today but I will be keeping an eye on the 1572/0 support zone. Crude Oil Price - April 9, 2013 The WTI Crude oil market had a positive session on Monday, confirming that the $93.00 level was in fact going to offer support. As you look at this chart, you can see that this area has been supportive in the past, so it makes sense that it returns to be now. EUR/USD Daily Outlook - April 9, 2013 The EUR/USD pair stalled a bit during the session on Monday, essentially going nowhere. We hovered around the 1.30 level, an area that I suspect it would be resistive yet again, which of course proved to be so during the session. NZD/USD Daily Outlook - April 9, 2013 The NZD/USD pair had a strong showing on Monday, using the 0.84 level as a launching pad. While this was bullish enough, I have concerns about the Kiwi dollar at the moment, only because there is so much resistance just above current levels. USD/JPY Daily Outlook - April 9, 2013 The USD/JPY pair rose yet again during the session on Monday, and even managed to close of the very highs for the session. This market is obviously heading towards the 100 level, an area that I've been calling for some time now. EUR/CAD Inside Bar Forms April 9, 2013 The EUR/CAD, along with many other EUR crosses has formed an inside bar on the daily chart. The pair fell to a low last week of 1.2952 then rebounded in a big way, climbing to a high of 1.3317 before closing on Friday at 1.3218. Successful Trades on Apr 8, 2013 According to the analysis of the GBP/USD and EUR/USD trader profited on a binary options platform. Weekly FX Forecast - April 8, 2013 Check out the weekly Forex forecast for the major pairs and learn where they each might be headed in the coming trading week ahead. EUR/AUD Weekly Outlook - April 8, 2013 After the European Central Bank’s meeting last week with some influence from Japan’s fresh stimulus injection, EUR/AUD gained much strength to counter its recent downward trend. Get the weekly outlook for this pair here. USD/CAD Signal - April 8, 2013 Using the Ichimoku method, this Forex signal brings you the information you need to know in order to watch the USD/CAD pair for this upcoming week ahead. The pair is currently bearish, and the recommendation is here. GBP/USD Signal - April 8, 2013 The GBP/USD pair is continuing its bullish trend and this Forex signal has all the details you need to know for your trading. Check it out here. Crude Oil Price - April 8, 2013 The WTI Crude market fell during the session on Friday as the Non-Farm Payroll numbers came out of America at half of what was expected. However, you can see that the $92.00 level offered enough support to make this market bounce and form a hammer. Gold Price Analysis - April 8, 2013 Although the XAU/USD pair (Gold vs. the Greenback) fell for the week, the pair bounced off of the 1540.10 level which was roughly the bottom of the descending channel that the market players have been following since October. EUR/USD Daily Outlook - April 8, 2013 The EUR/USD pair rose during the session on Friday as the US jobs numbers came out less than expected. In fact, the United States added roughly 1/2 of what was anticipated, and as a result the US dollar got sold off during the session. Nonetheless, this market is still one that could be fraught with a lot of problems going ahead. GBP/USD Daily Outlook - April 8, 2013 The GBP/USD pair had a strong showing on Friday, especially after the nonfarm payroll numbers came out much weaker than anticipated. Because of this, the US dollar sold off in general, and the British pound would have been one of the beneficiaries. EUR/NZD Daily Outlook - April 8, 2013 EUR/NZD isn't a pair of that a lot of you trade I would suspect. However, it does feature two prominent and major currencies, and the spread is very reasonable - normally somewhere around five pips. However, it is a good currency pair to watch as far as the "risk on" type of trade. XAG/USD Signal- April 5, 2013 End your trading week on a high as the XAG/USD pair is trending upward. Get the target and stop loss for silver here with this Forex signal. Gold Price Analysis - April 5, 2013 After three consecutive days of losses it appears that the XAU/USD pair steadied during the Asian session today. The pair had continued its bearish free fall yesterday and hit the lowest level since June 31. Crude Oil Price - April 5, 2013 The WTI Crude oil market fell during the session on Thursday as the inventory numbers in the United States remain elevated. Also of concern would be the overall health of the global economy, which appears to be stalling in several different places. EUR/USD Daily Outlook - April 5, 2013 The EUR/USD pair had an interesting session on Thursday as the ECB had its monetary policy meeting for the month. Because of this, this day was always going to be somewhat choppy, but I have to admit I am somewhat surprised by the basing action that we are starting to see. USD/CAD Daily Outlook - April 5, 2013 The USD/CAD pair went back and forth during the session on Thursday, as the markets tried to deal with several different central bank announcements at once. Within the shape of this candle, you can see just how neutral the day was. EUR/JPY Daily Outlook - April 5, 2013 The EUR/JPY pair acted like it was fired out of a cannon on Thursday. Out of all of the Yen related pairs, this one absolutely checked out. Personally, I am actually long the NZD/JPY pair, which is doing quite well over in that market, so I cannot help but look at this chart between them. However, this is the exact type of situation that separates the amateur from the professional trader. Successful Trades on Apr 4, 2013 According to the analysis of the USD/JPY and AUD/USD trader profited on a binary options platform. AUD/CAD Signal - April 4, 2013 It seems that the AUD/CAD pair is heading for a downtrend. Check out the Forex signal here and learn what it can mean for your trading. Crude Oil Price - April 4, 2013 The WTI Crude market came completely undone during the Wednesday session as inventory numbers in the United States came out much larger than anticipated. Because of this, it looks like the market has been caught off-guard, and we fell immediately down towards the $94.00 level. Gold Price Analysis - April 4, 2013 The XAU/USD pair continued to sink yesterday and hit its lowest level since July 2012. Although data released from the Unites States were disappointing, technical selling pressure had a stronger impact on gold prices. EUR/USD Daily Outlook - April 4, 2013 The EUR/USD pair initially sold off during the session on Wednesday, but bounced enough to form a bit of a hammer. With this being the case, I think that the market is getting ready to bounce a bit as it has been forming something that could be considered a bit of a base over the last four or five sessions. USD/JPY Daily Outlook - April 4, 2013 The USD/JPY pair went back and forth during the session on Wednesday, eventually settling for a small loss. This candle did in fact break the top of the hammer from the Tuesday session, so technically it was a buy signal. AUD/USD Daily Outlook - April 4, 2013 The AUD/USD pair initially rallied during the session on Wednesday, but as we have seen several times before, the 1.05 came in as significant resistance. As far as the recent action is concerned, this has form what looks like it could be a double top. Crude Oil Price - April 3, 2013 The WTI Crude Oil market had a back and forth session during the Tuesday trading hours, but as you can see ended up basically unchanged. With that in mind, I look at this chart and see that we indeed have a lot of bullish pressure underneath. EUR/GBP Signal - April 3, 2013 Check out this Forex signal for the EUR/GBP pair that is currently heading in an upwards direction here. Gold Price Analysis - April 3, 2013 The markets were finally back at full strength yesterday after the Easter holiday around the world. The XAU/USD pair dipped to a low of 1573.85, which happens to be just above the support level of 1572, as investors turned to the relative safety of the U.S. dollar on intensifying worries over ongoing problems in the eurozone. EUR/USD Daily Outlook - April 3, 2013 The EUR/USD pair attempted to rally during the session on Tuesday as traders came back to their desks in full force, but as you can see the rally failed and the Euro lost ground yet again. When you look at this chart, you can see that the trend is most decidedly bearish, but I do suspect that the 1.27 level is going to be a difficult nut to crack as we try to break it down. USD/CAD Daily Outlook - April 3, 2013 The USD/CAD pair fell during the Tuesday session, as the 1.0150 level offered only slight support. However, later in the day we did see the market pullback and form a little bit of a hammer at this point. USD/JPY Daily Outlook - April 3, 2013 The USD/JPY pair initially fell during the Tuesday session, but as you can see bounced significantly to form a perfect hammer. I have to admit, this hammer has me very interested in going long in this pair. Successful Trades on April 2, 2013 According to the analysis of the USD/JPY and AUD/USD trader profited on a binary options platform. EUR/USD Technical Rebound in Sight? With today’s reopening of the Cyprus Stock Exchange, the problems of the Island Nation have largely been forgotten by markets as the focus shifts back to Italy and Spain which are prevailing source of weakness in the Eurozone. Get the full analysis here. Crude Oil Price - April 2, 2013 The WTI Crude Oil market initially fell rather significantly during the session on Monday, but you can see that the area around the $96.00 level did in fact caused enough support to bounce this market back above the $97.00 level and form a hammer in the process. USD/CAD Signal- April 2, 2013 Get this free Forex signal for the USD/CAD pair here and learn which direction it is headed in to make the right moves now. EUR/USD Daily Outlook - April 2, 2013 The EUR/USD pair initially fell during the session on Monday, but you can see that the 1.28 level has offered enough support to move the market higher. The result was a hammer shaped candle; however I am still very bearish of this pair as the downtrend has been rather relentless. EUR/JPY Weekly Outlook - April 2, 2013 Japan’s Prime Minister, Shinzo Abe’s well known creed supports boosting of exports with the help of a weaker Yen and a very relaxed monetary policy. We have the analysis for the EUR/JPY pair here. Check it out. Gold Price Analysis - April 2, 2013 The XAU/USD pair (Gold vs. the American dollar) closed the day higher than opening but the trading range was tight as major European markets were closed for Easter holiday. The demand for gold found some support after weaker than anticipated ISM Manufacturing PMI eased the greenback’s safe-haven appeal. AUD/USD Daily Outlook - April 2, 2013 The AUD/USD pair fell during the first part of the session on Monday, but as you can see clear the 1.04 level on the bounce as we await the monetary policy statement from the Reserve Bank of Australia. USD/JPY Daily Outlook - April 2, 2013 The USD/JPY pair had a very poor showing on Monday, much weaker than I would've expected to be honest. We have plow right through quite a bit of support, but as you can see by the chart there is a ton of a going all the way down to roughly 91.50 in the short term, and most certainly there will be a lot of support at the 90 handle as well. FXY (JPY) Signal - Apr. 1, 2013 The US dollar (USD) has seen a large run up in buying power over the Japanese YEN with a 36% increase since its low of 77.1300 in late September. Learn more about how the Yen will move here. EUR/USD Daily Outlook - April 1, 2013 The EUR/USD pair did almost nothing on Friday, which of course is a surprise as it was the Good Friday holiday. The liquidity just wasn't there, so as a result the markets didn't do much. EUR/JPY Daily Outlook - April 1, 2013 The EUR/JPY pair did almost nothing during the session on Friday, but this would have been much of a surprise considering that it was the Good Friday holiday. GBP/CHF Daily Outlook - April 1, 2013 The GBP/CHF pair has been rallying lately, but as you can see stalled during the Thursday session as we formed a long legged doji. This neutral candle signifies that we are starting to lose a little bit of momentum, and on top of that, it is the same area that the last pullback sent us plunging down towards the 1.3950 level. Weekly FX Forecast - Mar. 31, 2013 Begin a new month, new week and new quarter with this weekly Forex forecast of the major pairs. See what your trading can be this upcoming week and plan accordingly. Gold Price Analysis - Mar. 29, 2013 The XAU/USD pair (Gold vs. the American dollar) closed lower than opening yesterday as the bears managed to defend the 1608 level. The pair has been range bound lately and it seems that easing concerns over the Eurozone and weakening demand work against gold at the moment. Crude Oil Price - Mar. 29, 2013 The WTI Crude market initially fell during the session on Thursday, but as you can see we bounced from the lows of the session just above the $96.00 level, and closed at the $97.25 level to form a hammer like candle. EUR/USD Daily Outlook - Mar. 29, 2013 The EUR/USD pair had a positive session on Thursday, bouncing off of the 1.2750 level and going above the 1.28 level later in the day. This would've been a reaction to the fact that Cypriot banks managed to open during the session without much in the way of a bank run. EUR/JPY Daily Outlook - Mar. 29, 2013 The EUR/JPY pair spent most of the session on Thursday following, but as you can see found quite a bit of support at the 120 handle. This is an area that I've been wanting for quite some time, and it makes sense that we got a bit of a bounce from it. AUD/USD Daily Outlook - Mar. 29, 2013 The AUD/USD pair fell during the session on Thursday, testing the 1.04 level as support. So far, it has held but it should be said that we are closing just above it. The area just below the 1.04 level does look rather congested though, and as a result I believe that we will see supportive action. Successful Trades on Mar 28, 2013 According to the analysis of the AUD/USD and EUR/USD trader profited on a binary options platform. Crude Oil Price - Mar. 28, 2013 WTI price is interesting today because yesterday managed to close right in the middle of the "noise" going all the way up to the $98.00 level. AUD/USD Daily Outlook - Mar. 28, 2013 As long as the gold markets hold steady above the $1600 area, we should see a continued strengthening Australian dollar. CAD/JPY Daily Outlook - Mar. 28. 2013 All the way down to the 90 handle we should see significant support, so we're buying pullbacks - see why here. Gold Price Analysis - Mar. 28, 2013 XAU/USD found support around the 1591 support level and turned north after two voting members of the Federal Open Market Committee said the central bank should continue its large-scale asset purchases through the end of 2013. Gold Price Analysis - Mar. 27, 2013 Gold prices settled lower yesterday, extending losses to third straight session, as the mild disappointments in U.S. data failed to have a lasting impact on the greenback. The Conference Board’s consumer confidence and Commerce Department's new home sales data were weak but were more or less in line with market expectations. Crude Oil Price - Mar. 27, 2013 The WTI Crude market had a strong showing during the session on Tuesday, as the "risk on" trade came back into play. The candle close towards the very top of the range, and as a result it does look like we're going to continue to grind higher in this market. EUR/USD Daily Outlook - Mar. 27, 2013 The EUR/USD pair had a fairly quiet session on Tuesday as we continue to bounce around along the 1.2850 area. This area is significant support as far as I can tell, and the fact that we did not break down below it shows just how much resilience there is going to be buying the bullish traders down here. USD/CAD Daily Outlook - Mar. 27, 2013 The USD/CAD pair fell through the 1.02 level during the session on Tuesday, in order to push the value of the Canadian dollar higher. This is a move that I've been waiting for quite frankly, as although I am bullish of this market right now, we needed to get some type of pullback. USD/CHF Daily Outlook - Mar. 27, 2013 The USD/CHF pair is one that has been rather consistent lately, as we continue to grind slowly downwards. Recently, we have seen an attempt to break above the 0.9500 level, but we failed on Tuesday and formed a shooting star. AUD/CHF Hits 7 Month High Yesterday the AUD/CHF climbed to a 7 month high, peaking at 0.9970 before falling to close at 0.9936, 14 pips under the monthly resistance level that restricted a further rise. AUD Signal - March 26, 2013 Check out this FXA signal from trading pro Andrew Keene, only at DailyForex.com. Gold Price Analysis - Mar. 26, 2013 The XAU/USD pair had a bearish day after the last minute deal to avoid a major crisis in Cyprus dulled the precious metal’s safe-haven appeal. The pair traded as low as 1589.87 before recovering to 1607. EUR/USD Daily Outlook - Mar. 26, 2013 The EUR/USD pair sold off drastically on Monday as details of the Cypriot bank bailout became public. Originally, many of the traders in Asia trying to push the Euro higher, as the markets finally got some type of solution. USD/JPY Daily Outlook - Mar. 26, 2013 The EUR/JPY pair sold off drastically during the session on Monday, as the Euro was punished in general. The In gained against most currencies, but saw a bit of a bounce towards the end of the session. USD/CAD Daily Outlook - Mar. 26, 2013 The USD/CAD pair fell during the session on Monday, as word got out about the details in the Cypriot bank bailout package. The fact that so many people were going to have to take a hit in order to bailout the banks rattled the markets, as the "red line" of forcing senior bondholders to take massive haircuts has now been crossed. Crude Oil Price - Mar. 26, 2013 The WTI Crude market had a strong showing during the Monday session, and had at one point attempted to take on the $96.00 level. That area is the beginning of a significant cluster, which of course I think will cause a bit of resistance. Daily Pinbar On Gold (XAU/USD) Yesterday Gold, like many other pairs started out with bearish intentions but finished off with a more bullish attitude. Gold fell to a daily low of 1589.30 prior to Fed Chairman Bernanke's speech in the US and rose dramatically immediately after to form a Daily Pin Bar EUR/USD Weekly Outlook - Mar. 25, 2013 After it’s meeting early last week, the Eurogroup came up with a rescue fund for Cyprus, approved by the EU/IMF. Part of their requirements for the loan deal is for levies to be slammed on all Cypriot bank accounts. Check out this weekly analysis for the EUR/USD pair here. Weekly FX Forecast- Mar. 25, 2013 Some of the major pairs had positive weeks last week, others did not fare well. Check out the weekly Forex forecast here and see what it can mean for your upcoming trades here. EUR/NZD Signal - Mar. 25, 2013 Start your trading week with a Forex signal for the EUR/NZD pair here. Crude Oil Price - Mar. 25, 2013 The WTI Crude market had a positive showing on Friday, as we rose above the $93.00 level, and almost reach the $94.00 level. The area that we are currently trading in has been rather consolidative, and as a result the market has been very tight. Gold Price Analysis - Mar. 25, 2013 Although the XAU/USD pair settled lower on the last trading day of the week, the weekly candle was still positive. Gold prices rose %0.6 over the course of the week as the crisis in Cyprus increased desire for the relative safety of gold. EUR/USD Daily Outlook - Mar. 25, 2013 The EUR/USD pair rose during the session on Friday, but stopped at the 1.30 level yet again. This level has acted as significant resistance lately, and this is accentuated by the gap that had formed at the open of the week. USD/JPY Daily Outlook - Mar. 25, 2013 The USD/JPY pair so bearish pressure on Friday, as the concerns of a Cypress below of continued. As a result, there was a bit of a "risk off trade” in some currencies, and of course the Yen was purchased because of its well-known safe haven status. EUR/NZD Daily Outlook - Mar. 25, 2013 The EUR/NZD pair is one that most of you probably don't pay too much attention to, and that is truly unfortunate. After all, it has a decent spread, and it involves two major currencies. However, it is also a very technical currency pair as you can see by the attached chart. GBP/USD Approaching Key Resistance 2 weeks ago the GBP/USD found some support at 1.4900, and area it has found support at before, but this is now the third 'touch' of the level from a weekly perspective and solidifying the area as a true support level. The pair is now heading for a zone that will make or break the bears. USD/JPY FX Forecast - Q2 2013 See where the USD/JPY pair is headed for the upcoming second quarter and learn what this can mean for your trading here. XAU/USD Signal - Mar. 22, 2013 End your week with a Forex signal for the XAU/USD pair here. Crude Oil Price - Mar. 22, 2013 The WTI Crude market fell during the Thursday session, crashing into the $92.00 handle. What's interesting about this spot is that it's the top of the gap that had formed a couple of weeks ago. This means that it should, in theory at least, offer a bit of support. Gold Price Analysis - Mar. 22, 2013 Gold gained some ground against the American dollar as intensifying worries about a possible economic catastrophe in Cyprus increased precious metal's safe haven appeal. The XAU/USD pair has been resilient to the bears' attacks over the last few weeks. EUR/USD Daily Outlook - Mar. 22, 2013 The EUR/USD pair fell during the session on Thursday, which of course would have been a surprise as there are so many things going on in Europe that make most people nervous. The situation in Cyprus remains murky, and there are a lot of concerns about the banking system in that small Mediterranean country. NZD/USD Daily Outlook - Mar. 22, 2013 The NZD/USD pair had a strong showing during the session on Thursday, as we reached all the way up towards the 0.8350 resistance level. This area was previously significant support, so the fact that it offers resistance now really is a surprise. EUR/NZD Daily Outlook - Mar. 22, 2013 The EUR/NZD pair fell during the session on Thursday as the Euro continues to suffer. If you look at the Wednesday candle, you can see that we had formed a shooting star after filling the gap from the weekend. Successful Trades on Mar 21, 2013 According to the analysis of the USD/JPY and EUR/USD trader profited on a binary options platform. GBP/USD Signal - Mar. 21, 2013 The GBP/USD pair is headed downward but don't let that stop you from checking out this free Forex signal from the experts at BNRY here. Crude Oil Price - Mar. 21, 2013 The WTI market had a decent showing on Wednesday as the $93.00 level continued to offer a bit of support. However, I truly believe that this market is more or less going to be range bound through most of the summer, and I am assuming that the range is being formed as we speak. Gold Price Analysis - Mar. 21, 2013 The XAU/USD pair (gold vs. the greenback) closed the day lower than opening on hopes that European Union leaders will find an alternative solution for Cyprus to restore investors' confidence once again. EUR/USD Daily Outlook - Mar. 21, 2013 The EUR/USD pair continued to be stubborn during the Wednesday trading session as the various problems around the region continue. While everyone around the world focuses on Cypriot banks, there is still an issue in Italy with the lack of a governing coalition. USD/JPY Daily Outlook - Mar. 21, 2013 The USD/JPY pair rose during the session on Wednesday as the Federal Reserve reiterated its zero interest rate policy. It also had suggested that going forward we worn anywhere near a monetary tightening cycle, and as a result it was "risk on" yet again. EUR/JPY Daily Outlook - Mar. 21, 2013 The EUR/JPY pair rose straight up during the session on Wednesday, as the gap has finally been built from the weekend. This market was moved by rumors during the late hours of American trading that the Bank of Japan was going to announce a larger and sooner than expected asset purchase program as early as today, which of course would help to devalue the Yen even further. EUR/USD Remaining Range-Bound The situation in Cyprus has risk-assets spiraling as we await the outcome of the vote this afternoon. The move to shutter banks until Thursday isn’t stoking any further confidence in the Euro at the moment as the unprecedented move to tax depositors may set a very negative tone for European banks. EUR/NZD Signal - Mar. 20, 2013 Things are looking bearish for the EUR/NZD pair, and this Forex signal has all the information you need for your trading. Check it out here. Crude Oil Price - Mar. 20, 2013 The WTI Crude markets had a very rough day on Tuesday, as the "risk off" trade came into play around the world. Because of this, the oil markets sold off rather drastically. This was true in all oil markets, not just the WTI crude market. Gold Price Analysis - Mar. 20, 2013 It appears that the XAU/USD pair paused its ascent during the Asian session today at the 1615 resistance level after four consecutive days of gains. Lately, there has been a constant upward pressure on the shiny metal as investors have become more anxious - especially since Italian elections. EUR/USD Daily Outlook - Mar. 20, 2013 The EUR/USD pair had a significant selloff during the session on Tuesday, as Cyprus voted against the potential "tax" that the troika suggested in order to get a bailout of that country’s banks. GBP/USD Daily Outlook - Mar. 20, 2013 The GBP/USD pair went back and forth during the session on Tuesday, but formed a shooting star like candle for the third day in a row. In fact, the 1.51 level seems to be mightily resistive, and I think the markets really going to struggle to go higher from here. USD/JPY Daily Outlook - Mar. 20, 2013 The USD/JPY pair had a back and forth session on Tuesday as the markets dealt with the drama in Cyprus. As his pair tends to be a "risk on, risk off" currency pair, it makes sense that even in a small country like Cyprus; you could see reasons for this market to move around. AUD/NZD Bounces - Mar. 20, 2013 The AUD/NZD is another pair that has been trading in a well defined descending channel for almost a year. This pair has been trending downwards since at least last July and last week broke this trend by turning strongly bullish and breaking the descending channel at 1.2576 +/- a few pips. Successful Trades on Mar 19, 2013 According to the analysis of the GBP/USD and EUR/USD trader profited on a binary options platform. USD/CAD Signal - Mar. 19, 2013 Learn where the USD/CAD pair is headed with this free Forex signal from the experts at BNRY. Crude Oil Price - Mar. 19, 2013 The WTI Crude market initially fell during the session on Monday, as the markets were rocked by the situation in Cypriot banking. As the day unfolded, it became more and more apparent that it wasn't Armageddon, and as a result risk assets were bought back up. Gold Price Analysis - Mar. 19, 2013 The start of the trading week saw a bullish gap as disappointment over a bailout plan for Cyprus increased desire for safe haven diversification. As a part of the plan, depositors will be required to pay a tax to contribute to the bailout. Kiwi Channel Holds - Mar. 19, 2013 The NZD/USD(aka Kiwi) has been trading in a 4 hour descending channel since mid February when the pair broke out of its long running ascending daily channel. EUR/USD Daily Outlook - Mar. 19, 2013 The EUR/USD pair originally gapped lower at the open on Monday, after the news broke that deposits in Cypriot banks would be used in order to pay back a bailout that the country needs. USD/JPY Daily Outlook - Mar. 19, 2013 The USD/JPY pair gapped lower at the open on Monday as news came out about the issues in the Cypriot banking system. The fact that the government was willing to tax individuals and their deposit accounts forced mass selling of risk assets. GBP/USD Daily Outlook - Mar. 19, 2013 The GBP/USD pair had a back and forth session on Monday, as the rest of the currency markets seem to be more volatile by the hour. With the problems being focused on in Cyprus, it seems that the markets had forgotten about the economic issues facing the United Kingdom, even if it was just for a day. GBP Signal - March 18, 2013 Check out this projected market movement for GBP from Andrew Keene, only at DailyForex.com. EUR/NOK Weekly Outlook - Mar. 18, 2013 Last week, Norges Bank left interest rates untouched at its meeting while projecting the first rates hike to likely be in March 2014. Check out this weekly outlook for the EUR/NOK pair here from the experts at 24bulls. Weekly FX Forecast- Mar. 18, 2013 If you are curious about the major pairs and what may be in store for them this coming week, check out this Forex forecast and learn how last week's activities will impact your trading these next few days. EUR/NZD Signal - Mar. 18, 2013 Begin your week with a Forex signal for the EUR/NZD pair that is currently heading upwards. Make your moves now. Crude Oil Price - Mar. 18, 2013 The WTI Crude market had a good showing on Friday as the bullishness in this market continued. The market rose during the session, mainly pushed along by weakness in the US dollar. As the market is priced in US dollars, it makes sense that we see more of them needed to buy this commodity. Gold Price Analysis - Mar. 18, 2013 The XAU/USD pair closed the session slightly higher than opening but remained within the last 3 days trading range. Gold prices gained some ground against the greenback after a series of weaker than expected economic data out of the United States increased investors' appetite for the shiny metal. EUR/USD Daily Outlook - Mar. 18, 2013 The EUR/USD pair had a positive session on Friday, as the 1.30 level continued to offer support. The market has been attracted to this level more than once, and the idea that this market could continue to consolidate around this area is no real stretch of imagination. GBP/USD Daily Outlook - Mar. 18, 2013 The GBP/USD pair rose during the majority of the session on Friday, only to turn back around and fall in the US afternoon session. This move was rather quick, and as a result, the markets formed a shooting star. EUR/JPY Daily Outlook - Mar. 18, 2013 The EUR/JPY pair had an interesting week over the last several sessions, and Friday wasn’t any different. The 125 level acted as resistance as one would expect, but gave the buyers enough trouble to form the shooting star for the day that you see. AUD/CHF Weekly Pin Bar- Mar. 18, 2013 The AUD/CHF has printed a Weekly Pin Bar Reversal. The Pin Bar Reversal, for those that don't know already is an excellent trading tool when it forms at a key Support or Resistance Level as is the case with this weeks's AUD/CHF. EUR/USD FX Forecast - Q2 2013 Check out this EUR/USD Forex forecast for the second quarter here as it is fast approaching. The experts at DailyForex.com have all the information you need to be prepared. USD/CHF FX Forecast - Q2 2013 The second quarter of 2013 is approaching and the experts at DailyForex.com have all the information you need to be prepared. Check out this Forex forecast for the USD/CHF pair here and stay ahead of the game. EUR/JPY Signal - Mar. 15, 2013 End your week with a Forex signal for the EUR/JPY pair from Fadi. The recommendation is to buy, see why here. Crude Oil Price - Mar. 15, 2013 The WTI Crude market had a positive showing on Thursday, as we continue to grind up against the $93.00 level. In fact, we may so close above that for the first time in a couple of weeks, and this of course is a bullish turn of events. Gold Price Analysis - Mar. 15, 2013 The XAU/USD pair closed the day higher than opening as the Obama administration's opposition to Republicans' plan to balance the U.S. budget in the long term renewed fears that the lawmakers will continue play their political games and wait until the last minute. EUR/USD Daily Outlook - Mar. 15, 2013 The EUR/USD pair fell during the early part of the session on Thursday, but as you can see by the charts bounced enough in order to form a bit of a hammer. However, there is just as many reasons to be negative of this pair as there are positive, and as a result it very difficult to take a longer-term stance at this moment. EUR/JPY Daily Outlook - Mar. 15, 2013 The EUR/JPY pair had a positive showing on Thursday, challenging the 125 handle as resistance. As you can see by the daily chart, the 125 handle did in fact told as resistance, but it seems more like a market that is simply bouncing around the handle, rather than failing at it. GBP/JPY Daily Outlook - Mar. 15, 2013 The GBP/JPY pair rose during the session on Thursday quite dramatically. In fact, the British pound did well against almost everything out there, and as a result it was one of the best days for the Pound that we have seen in what seems to be ages. EUR/USD Signal - March 14, 2013 Check out this EUR/USD signal based on Elliott Waves, especially for DailyForex traders by our trader Fadi Steitie. GBP/USD Signal - March 14, 2013 This GBP/USD trade will mature quickly - check it out now, only at DailyForex.com. Successful Trades on Mar 14, 2013 According to the analysis of the GBP/USD and EUR/USD trader profited on a binary options platform. EUR/GBP Signal - Mar. 14, 2013 The EUR/GBP pair has been evolving for several weeks in a consolidation pennant and is having difficulties to resume a clear bullish trend. Get this Forex signal for the pair here and learn what's next. Crude Oil Price - Mar. 14, 2013 The WTI Crude market had a back and forth session during the Wednesday, as we continue to churn just below the $93.00 level. This level is resistive as I had anticipated, and as a result this does not surprise me. Gold Price Analysis - Mar. 14, 2013 Gold prices lost some ground against the greenback after the latest U.S. retail sales data came out stronger than expected. Data released from the Commerce Department showed that sales jumped 1.1% in February. EUR/USD Daily Outlook - Mar. 14, 2013 The EUR/USD pair did fall during the Wednesday session, continuing the general bearish attitude of the markets. This doesn't surprise me, I still believe that the Euro could fall farther, but we are certainly sitting on top of what can be best described as a "noisy area", down to the 1.28 level. GBP/USD Daily Outlook - Mar. 14, 2013 The GBP/USD pair rose during the session on Wednesday, as I had suggested could happen. However, I also suggested that the 1.50 level we continue to offer significant resistance, not only because of the former support, but also the large round psychological nature of the number. USD/CAD Daily Outlook - Mar. 14, 2013 The USD/CAD pair again during the Wednesday session as the 1.0250 level acted in a supportive manner yet again. This pair has recently broken out above the 1.01 level, and as a result many technical traders, myself included, would have loved to seen some type of pullback to that level to prove it as being supportive now. AUD/CAD Continues Higher Mar. 14, 2013 The AUD/CAD, like its cousin the AUD/USD shot upwards after the unemployment rate improved drastically last month. The numbers were in fact astounding, but now the pair faces a strong resistance level seen easiest on the Weekly chart below. XAU/USD Signal - Mar. 13, 2013 The XAU/USD pair is testing its moving average at 20 sessions. Get the details here with this free Forex signal. EUR/USD Remains in Downward Channel The rebound in U.S. housing and consumer spending has translated broadly to the dollar strengthening as the possibility of an earlier end to Federal Reserve stimulus measures has traders betting on higher interest rates. Crude Oil Price - Mar. 13, 2013 The WTI market shot higher during the session on Tuesday, but did run the quite a bit of resistance at the $93.00 level. This is the epicenter of a cluster of noise going all the way to the $94.00 level, and as a result this doesn't surprise me that the market found it difficult to overcome. Gold Price Analysis - Mar. 13, 2013 The XAU/USD pair closed higher than opening yesterday as the bulls gained some strength on media reports saying that large speculators and hedge funds started recovering their short positions recently. EUR/USD Daily Outlook - Mar. 13, 2013 The EUR/USD pair went back and forth during the session on Tuesday, essentially going nowhere. This session simply reinforced the idea that the 1.2950 level will continue to be support, while the 200 day exponential moving average will continue to offer resistance. USD/JPY Daily Outlook - Mar. 13, 2013 The USD/JPY pair fell during the session on Tuesday, breaking below the 96 handle. This would have been a little bit more impressive, have the 96 handle managed to form some type of pedigree, but as we recently have just broke over it, there isn't a whole lot you can read into this. GBP/USD Daily Outlook - Mar. 13, 2013 The GBP/USD pair fell during the session on Tuesday, as the 1.49 level gave way to the sellers. The bearishness in this pair continues, and as a result certainly it's difficult to buy the British pound. Successful Trades on Mar 12, 2013 According to the analysis of the USD/JPY and EUR/USD trader profited on a binary options platform. GBP/USD Trade Idea- Mar. 12, 2013 The changes in economic conditions as well as monetary and fiscal policies in the US and UK create an opportunity to gain from trading the USD against the GBP. Learn the trade idea for this pair here. Crude Oil Price - Mar. 12, 2013 The WTI contract has an interesting session on Monday. The market originally fell, but as you can see on the chart, bounced back in order to form a hammer that stopped just at the top of the gap from last week. EUR/GBP Signal - Mar. 12, 2013 Things are heading up for this pair. Get the details here with this Forex signal for the EUR/GBP. Gold Price Analysis - Mar. 12, 2013 Gold prices gained some ground yesterday as speculations that the Federal Reserve will not change its aggressive easing stance in the near future increased the precious metal’s safe-haven appeal. EUR/USD Daily Outlook - Mar. 12, 2013 The EUR/USD pair had a positive session for Monday, as a bit of “risk on” came back into the markets. The Non-Farm Payroll number out of the United States will have helped with risk appetite in general, and this generally – but not as much lately – means that the Dollar loses a bit of its luster. AUD/USD Daily Outlook - Mar. 12, 2013 AUD/USD had a strong session on Monday as the bullishness in risk assets came back slightly during the session. The 1.02 level acted as support again, and this would have been something that a lot of you will have been anticipating. USD/JPY Daily Outlook - Mar. 12, 2013 The USD/JPY pair has been squarely in the sights of almost all forex traders over the last few months. The action that we have seen over the last couple of days will have done very little to change that fact. AUD/NZD Channel Continues The AUD/NZD has been trading in a nice channel on the daily charts, making it rather predictable over the last 6-8 months. Get full technical here. FXE (EUR) Signal - March 11, 2013 See where the euro is headed in this FXE signal from trading expert Andrew Keene, only at DailyForex.com. Weekly FX Forecast - Mar. 11, 2013 Some of the major pairs did well last week and some fell. See how that will impact the week ahead with this Forex forecast of the majors here. EUR/SEK Weekly Outlook- Mar. 11, 2013 Last week’s ECB meeting featured a debate on rate reduction but the Governing Council later decided otherwise. The summary of that meeting as explained by Mario Draghi was that the medium-term economic forecast was stable. GBP/AUD Signal - Mar. 11, 2013 Begin your week the right way with this Forex signal for the GBP/AUD pair. The direction is heading upwards, make your moves now. Crude Oil Price - Mar. 11, 2013 The WTI markets had a bullish session again on Friday, after initially falling. The market closed just below the $92.00 level, and as a result we are pressing up against significant resistance. Gold Price Analysis - Mar. 11, 2013 The XAU/USD pair had an interesting session during the last trading day of the week with the bulls and bears gaining and losing ground almost equally. The non-farm payrolls report released from the Bureau of Labor Statistics showed that the U.S. economy added 236K jobs in February and the unemployment rate fell to 7.7% from 7.9%. EUR/GBP Holds Ground- Mar. 11, 2013 3 weeks ago I wrote about how the EUR/GBP was at a key resistance level based on a descending channel and key Fibo levels, namely the 50% level from the high in 2008 to the low in July 2012. EUR/USD Daily Outlook - Mar. 11, 2013 EUR/USD found itself falling again during the Friday session, as the weakness in the Euro continues. This market has been essentially straight down, but the 1.30 level continues to offer support. AUD/USD Daily Outlook - Mar. 11, 2013 The AUD/USD pair fell during the Friday session as money poured back into the United States. This was a result of a strong jobs number, not a "risk off" trade. As a result, I feel that this market may be changing an important dynamic: That the Australian dollar is no longer a "risk on" currency at the moment, but rather a proxy for Asia. GBP/USD Daily Outlook - Mar. 11, 2013 The GBP/USD pair fell during the Friday session as the United States released a better-than-expected nonfarm payrolls number for the month of February. The release stated that the Americans added 265,000 jobs the labor force during the month, and as a result there were more people willing to invest in the United States. USD/CAD Signal - Mar. 8, 2013 End your week with a Forex signal for the USD/CAD pair that is currently bearish. Check it out here. Crude Oil Price - Mar. 8, 2013 The WTI Crude market had a positive session during the Thursday trading hours, as we attempted to break to the $92.00 level. However, that level has provided enough resistance to keep the market lower, but it should be noted that it appears the 90 handle is offering enough support to at least cause some type of reaction. Gold Price Analysis - Mar. 8, 2013 The XAU/USD pair closed the day lower than opening after the key central banks kept interest rates steady and announced no additional asset purchases. EUR/USD Daily Outlook - Mar. 8, 2013 The EUR/USD pair had a very strong showing during the Thursday session as the European Central Bank failed to expand any type of monetary easing during though meeting for the session. USD/JPY Daily Outlook - Mar. 8, 2013 The USD/JPY pair had a very strong showing on Thursday, which is indeed encouraging considering that the nonfarm payroll number comes out today. In other words, it appears that the market is front running the announcement a bit, and as a result it shows that we clearly have an upward bias. GBP/USD Daily Outlook - Mar. 8, 2013 The GBP/USD pair tried to rally during the session after the Bank of England failed to produce more quantitative easing measures at its meeting during the session on Thursday. Successful Trades on Mar 7, 2013 According to the analysis of the USD/JPY and EUR/USD trader profited on a binary options platform. EUR/NZD Signal - Mar. 7, 2013 It's time to be bullish on this pair. See where the EUR/NZD is headed with this Forex signal from the experts at BNRY. Crude Oil Price - Mar. 7, 2013 The WTI Crude market fell during most of the session on Wednesday, but as you can see formed yet another hammer focused on the $90.00 level. It is because of this that I feel this market is due for a bounce, and certainly expected sometime over the next couple of sessions. Gold Price Analysis - Mar. 7, 2013 Gold prices (XAU/USD) settled higher after a choppy session yesterday. The pair traded as low as 1567.36 after the ADP Research Institute said companies in the U.S. added 198000 workers last month but prices bounced back to 1584 as buyers stepped in. EUR/USD Daily Outlook - Mar. 7, 2013 The EUR/USD pair had a negative session on Wednesday, as a close below the 1.30 level for the first time. It has fell below that level previously, but never close therefore the session, a small but crucial difference. USD/JPY Daily Outlook - Mar. 7, 2013 USD/JPY had a strong showing during the session on Wednesday, as it initially dipped lower, but then turned around and bounced fairly hard. At the end of the day, we found ourselves just below the 94 handle, and this of course is a fairly bullish sign. USD/CHF Daily Outlook - Mar. 7, 2013 The USD/CHF pair shot straight up during the session on Wednesday, eclipsing the 0.9450 resistance area. However, the market is running into the 0.95 handle, an area that has been significant resistance in the past. AUD/CAD Hits 12 Month High The AUD/CAD pair breached the 8 month high at 1.0596 yesterday trading as high as 1.0609 before pulling back to close higher than opened at 1.0559 and printing a pseudo pin bar on the Daily chart. EUR/USD Trending Higher? With limited news out from the Eurozone, EURUSD trades have ground to a near halt as traders pare bets ahead of Central Bank decisions. The major risk factors facing the EU remain unresolved as Italian politics throw the region into further turmoil. EUR/GBP Signal - Mar. 6, 2013 Check out this Forex signal for the EUR/GBP pair from the experts at BNRY and learn where the pair is headed. Crude Oil Price - Mar. 6, 2013 The WTI market had a slightly positive session during the Tuesday trading hours, but did not break above the $91.00 level, an area that I would've liked to seen broken to the upside in order to start buying again. Gold Price Analysis - Mar. 6, 2013 The XAU/USD (Gold vs. the American dollar) settled slightly higher yesterday, marking the first rise in five trading sessions, as caution set in ahead of high impact economic data releases later today. EUR/USD Daily Outlook - Mar. 6, 2013 The EUR/USD pair had a fairly back and forth session during the Tuesday trading hours, eking out a small gain in the end. However, when you look at this candle, you can see that the range was relatively tight overall. AUD/USD Daily Outlook - Mar. 6, 2013 The AUD/USD pair rose during the session on Tuesday, after forming an absolutely perfect hammer during the Monday session. The thing that intrigued me the most about the hammer on the Monday session is that it was formed at the 1.02 support level. USD/CAD Daily Outlook - Mar. 6, 2013 The USD/CAD pair tried to rally yet again during the Tuesday session, but as it has over the last three trading days, it simply found the 1.03 level to be far too resistive. Because of this, I feel that we are eventually going to see a pullback, and quite frankly and surprise we haven't seen it already. NZD/USD Rebounds From 3 Month Low The Kiwi (NZD/USD) has re-entered the ascending channel that it has been trading in since July 2012 after a brief hiatus to the downside, and apparently unsuccessful rally by the bears. XAU/USD Signal - Mar. 5, 2013 Check out this Forex signal for the XAU/USD pair and learn which direction it is headed for here. Crude Oil Price - Mar. 5, 2013 The WTI Crude markets fell during most of the session on Monday, but as you can see it got a significant bounce by the end of the session. This formed a hammer, and as a result a possible buying opportunity. Gold Price Analysis - Mar. 5, 2013 It appears that the XAU/USD pair found some support during the Asian session today after four consecutive days of losses. Although the pair has been suffering from strengthening U.S. dollar since October, the trading action is getting tight recently. EUR/USD Daily Outlook - Mar. 5, 2013 The EUR/USD pair fell during the session again on Monday, but as it did on Friday, it bounced back above the 1.30 level. The sellers simply couldn’t overcome the support level, and as a result it formed a hammer. EUR/JPY Daily Outlook - Mar. 5, 2013 The EUR/JPY pair did almost nothing on Monday, but in the big scheme of things – I think that was telling us something. After all, we simply continue to grind sideways in this market, and the support from the 120 level has held true for several days. GBP/USD Daily Outlook - Mar. 5, 2013 The GBP/USD pair had a strong session on Monday, something that is a bit of an anomaly these days. This market has been dropping like a stone for some time now, and the fall to the 1.50 level has been stunning. Successful Trades on Mar 4, 2013 According to the analysis of the EUR/JPY and EUR/USD trader profited on a binary options platform. EUR/GBP Weekly Outlook - Mar. 4, 2013 The Euro is very likely to continue the week under pressure much like the week before, as the lingering political situation in Italy weighs heavily on it. Get this special Euro piece exclusive for DailyForex.com readers here. Weekly FX Forecast - Mar. 4, 2013 The start of a new month may mean new trading opportunities. Learn about the major Forex pairs here and see where they may be headed for the week ahead. USD/JPY Signal - Mar. 4, 2013 Begin your week with a trading signal for the USD/JPY pair from DailyForex.com Crude Oil Price - Mar. 4, 2013 The WTI Crude markets fell during the session on Friday, but bounced in the end to form a hammer. I have been talking for some time about the potential support at the $90.00 level, and it appears that it has arrived during the session. Gold Price Analysis - Mar. 4, 2013 For the third week in a row, the XAU/USD pair settled lower than opening. The pair rose Monday and Tuesday on expectations that Federal Reserve chief Ben Bernanke will defend the central bank's quantitative easing program. EUR/USD Daily Outlook - Mar. 4, 2013 The EUR/USD pair had another negative session on Friday, and even managed to break down below the 1.3000 handle. However, you can see that this market did provide some support in the general vicinity and we popped back over the 1.3000 handle by the time the close came. GBP/USD Daily Outlook - Mar. 4, 2013 The GBP/USD pair has been in a massive free fall for the last several weeks. It seems like every time the Pound tries the gain some type of putting, the market slaps it back down. With that being said, there has to be a point in time where the support finally comes back into the marketplace. EUR/JPY Daily Outlook - Mar. 4, 2013 The EUR/JPY pair rose during the Friday session as the 120 level continues offer support. This market has been extraordinarily bullish over the last several months as you know, and as a result it does not surprise me that the next major handle from the fall acted as support. XAU/USD Staging A Rebound Mar. 4, 2013 Gold (XAU/USD) Formed a weekly Inverted Hanging Man formation at the close of last week, suggesting that prices could be heading back up. Crude Oil Price - Mar. 1, 2013 The WTI Crude markets fell during the session on Thursday, as a general "risk off" vibe hit the commodities markets. This chart looks like one the ones to grind lower, and I did mention previously that I thought the $92.00 level would be somewhat supportive. Gold Price Analysis - Mar. 1, 2013 The XAU/USD pair closed lower than opening for a second day as the greenback continued to gain strength across the board after the Chicago PMI data and weekly jobless claims figures came out better than forecasts. EUR/USD Daily Outlook - Mar. 1, 2013 The EUR/USD pair fell during the session on Thursday, as the consolidation continued. Looking at this chart, it's easy to see that the 1.30 level will more than likely offer significant support, as it did back in January. USD/CAD Daily Outlook - Mar. 1, 2013 The USD/CAD pair did something rather bullish during the Thursday session: it broke above the top of the most recent shooting star. This often leads to more bullishness, and in turn an extension of the rally. EUR/GBP Signal - Feb. 28, 2013 Check out where the EUR/GBP pair is headed with this signal from DailyForex.com. Successful Trades on Feb 28, 2013 According to the analysis of the AUD/USD and EUR/USD trader profited on a binary options platform. EUR/USD Signal - Feb. 28, 2013 Follow up on yesterday's EUR/USD signal from Fadi and learn what the recommendation is here. USD/CAD Signal - Feb. 28, 2013 The USD/CAD pair may be ending the month on a high and you can too with this free Forex signal from the experts at BNRY. Crude Oil Price - Feb. 28, 2013 The WTI Crude market went back and forth during the session on Wednesday, and continued to straddle the $92.80 level that has been a fulcrum for the market lately. As you can see, we have been bouncing off the $92.00 level, and it seems to be offering significant support. Gold Price Analysis - Feb. 28, 2013 The XAU/USD (Gold vs. the American dollar) pair settled lower Wednesday, pulling back after sizable gains in the previous sessions, as better-than-estimated U.S. home sales and durable goods data increased demand for the greenback ahead of today’s GDP and unemployment claims reports. EUR/USD Daily Outlook - Feb. 28, 2013 The EUR/USD pair had a strong showing on Wednesday as the 1.30 level has offered significant support. This also would have been predicated upon the idea that the Italians managed to sell a significant amount of bonds earlier in the day, without paying an outrageous yield. USD/JPY Daily Outlook - Feb. 28, 2013 The USD/JPY pair fell again during the Wednesday trading hours, dipping below the 92 handle for the third session in a row. However, for the third session in a row we also saw the market popped back over the 92 handle and form supportive price action. AUD/USD Daily Outlook - Feb. 28, 2013 The AUD/USD pair fell and broke below the 1.02 level on Wednesday, only to bounce back and show support in the general vicinity. The resulting daily candle formed a hammer, which of course shows significant support and is one of my favorite bullish signals. EUR/AUD Signal - Feb. 27, 2013 Looks like EUR/AUD finished its recent correction. See what this means in a free signal from DailyForex.com. EUR/USD Signal - Feb. 27, 2013 Begin your trading day with this EUR/USD signal from DailyForex.com's expert trader, Fadi here. EUR/SEK Signal - Feb. 27, 2013 See what the recommendation is for the EUR/SEK pair here with this free Forex signal. Crude Oil Price - Feb. 27, 2013 The WTI crude market tried to rally during the early hours of the session, but as you can see gave back quite a bit of the gains by the time the trading day was over with. We currently sit just above the $92.00 level, an area that has been stubbornly supportive. Gold Price Analysis - Feb. 27, 2013 Gold prices (XAU/USD) settled higher Tuesday, as weakness in the U.S. dollar helped prices regain their footing following losses last week. The XAU/USD pair traded as high as 1619.98 after finding strong support at the 1587 area. EUR/USD Daily Outlook - Feb. 27, 2013 The EUR/USD pair had a back and forth session on Tuesday, after plunging so violently on Monday. The fact that we held above the 1.30 handle was indeed bullish in and of itself, and as a result there will be a bit of hope out there for the Euro. AUD/USD Daily Outlook - Feb. 27, 2013 The AUD/USD pair fell during the session on Tuesday as the "risk off" trade came back into play. Most of this would've been predicated upon the elections in Italy, and have very little to do with Australia itself. USD/CAD Daily Outlook - Feb. 27, 2013 The USD/CAD pair tried to rally during the Tuesday session, but as you can see by the charts we had serious trouble getting above the 1.03 handle. The pushback by the sellers caused the market to form a shooting star, which of course is one of the most bearish candlesticks that you can see. Kiwi Bears Break Channel The NZD/USD has closed, and quite strongly I might add, below the lower band of an ascending channel that the pair has been trading in for the past 6 months. Successful Trades on Feb 26, 2013 According to the analysis of the USD/JPY and USD/CAD trader profited on a binary options platform. The EUR/USD and Political Uncertainty Buy the rumor; sell the news. This age-old mantra has been a mainstay of traders using momentum strategies and more recently adapted as a “headline-screening” algorithm truism. Yesterday’s price action in EURUSD was no different. Get the analysis here. XAU/USD Signal - Feb. 26, 2013 See where the gold pair is headed with this Forex signal, brought to you by the experts at DailyForex.com USD/ZAR Trade Idea - Feb. 26, 2013 This time we would like to examine the South African Rand for a directional trade idea. In recent months we see developments, both economic and political, that lead us to conclude that the ZAR is vulnerable at the moment and that a long USD-ZAR position should be considered. Crude Oil Price - Feb. 26, 2013 The WTI markets had a wild session on Monday, as the market went higher in the early hours, only to turn around and fall apart by the end of the day. The market had printed a shooting star on Friday, and as a result it already looked fairly soft from that point. Gold Price Analysis - Feb. 26, 2013 The XAU/USD continued to climb yesterday and closed the session higher than opening as cloudy Italian elections increased the precious metal’s safe-haven appeal. EUR/USD Daily Outlook - Feb. 26, 2013 The EUR/USD pair had a wild day on Monday, as the Italian elections got underway. It seems that most of the market expected the Italians to vote for further austerity and a pro-Europe agenda. USD/CAD Daily Outlook - Feb. 26, 2013 The USD/CAD pair gained again during the Monday session as the “risk off” trade gained steam again. The oil markets sold off, which almost always leads to a higher print in this market. However, it was the Italian elections that really set the markets off for the day. USD/JPY Daily Outlook - Feb. 26, 2013 The USD/JPY pair had a wild ride on Monday, as the Italian elections rocked the markets globally. Because of the unexpected results, many in the markets were caught on the wrong foot, and the US dollar was bought up and over fist. AUD/CAD Rejecting 1.0550? The AUD/CAD printed a Pin Bar Reversal at the resistance level surrounding 1.0550 yesterday. The pair has been trading in a pretty well defined horizontal channel since around March of 2011. Successful Trades on Feb 25, 2013 According to the analysis of the NZD/USD and EUR/USD trader profited on a binary options platform. CAD/CHF Signal - Feb. 25, 2013 Catch the recommendation for the CAD/CHF pair here and make your moves carefully. USD/CAD Signal - Feb. 25, 2013 Using the Elliot Wave method, here is a Forex signal for the USD/CAD pair brought to you by Fadi at DailyForex.com. EUR/USD Signal - Feb. 25, 2013 Begin your week the right way with a Forex signal from our expert trader, Fadi. Check out where the EUR/USD pair is headed here. EUR/USD Weekly Outlook - Feb. 25, 2013 The next five trading days are expected to put the Euro under more pressure especially with election uncertainties in Italy and Cyprus. The slow rate of growth in the Euro area is more bad news for the 17-nation currency as the European Central Bank will be keen to adopt a more dovish policy stance at its forthcoming meeting. Gold Price Analysis - Feb. 25, 2013 The XAU/USD pair fell for the week as the American dollar gained strength across the board. Technical selling pressure had increased drastically after the pair broker below 1625, the bottom of the Ichimoku cloud on the weekly time frame. EUR/USD Daily Outlook - Feb. 25, 2013 The EUR/USD pair had a back and forth session during the Friday trading hours, trying to break above the 1.3250 resistance level, and break below the 1.3150 handle that acted as support. In the end, the candle essentially went nowhere, and this makes sense considering that we have the Italian elections coming up. NZD/USD Daily Outlook - Feb. 25, 2013 The NZD/USD pair rose during the Friday session after printing a nice looking hammer on Thursday. I had mentioned that the 0.8350 level look like it was trying to offer support, and I do believe that the 0.83 level is the ultimate part of that support zone. GBP/USD Daily Outlook - Feb. 25, 2013 The GBP/USD pair rallied during the session on Friday, but gave back all of the gains once the pair got above the 1.53 level. The hammer that had printed on Thursday look like a pretty safe bet, but the fact that we couldn't gain on it’s really shows just how weak this pair is. EUR/USD Tests 50% - Feb. 25, 2013 The EUR/USD, while not quite as exciting as the GBP/USD as of late is trading rather predictably and there is something to be said for predictability when trading. Weekly FX Forecast- Feb. 24, 2013 Some of the major Forex pairs did well last week and some did not. See what's in store for them for the coming week and plan your trades now. EUR/USD Signal - Feb. 22, 2013 Before you begin your weekend check out this free Forex signal for the EUR/USD pair. Crude Oil Price - Feb. 22, 2013 The WTI Crude market fell again during the Thursday session, managing to close below the $93.00 handle. However, we are in the middle of a cluster in this general vicinity, so support would be expected. Nonetheless, I fully expect this market to continue lower, and eventually test the $90.00 handle. Gold Price Analysis - Feb. 22, 2013 The XAU/USD closed higher than opening as the weak data out of the U.S. weighed on the greenback. The pair initially fell to a 30-week low of 1555.04 before recovering to 1582. EUR/USD Daily Outlook - Feb. 22, 2013 The EUR/USD pair fell significantly during the Thursday session as the 1.3250 level finally gave way. The breakdown of course was significant, but we didn't stop the 1.3150 level, which I considered to be the bottom of the "zone" of support in this general vicinity. GBP/USD Daily Outlook - Feb. 22, 2013 The GBP/USD pair fell during the session on Thursday, and even broke below the 1.52 level which was the launching area of the ascending triangle last summer that sent this market all the way up to the 1.63 handle. NZD/USD Daily Outlook - Feb. 22, 2013 The NZD/USD pair had an interesting session on Thursday as we went back and forth, only to finish up essentially unchanged. What's interesting is that we sold off so drastically during the Wednesday session that one would assume there would be some follow-through. USD Pairs: Where Are They Headed? Curious about where your favorite USD pairs are headed? Find out here with this technical piece from DailyForex.com. EUR/USD Signal - Feb. 21, 2013 The EUR/USD pair may be headed for bearish movement. Check out this Forex signal and see what's in store ahead. Crude Oil Price - Feb. 21, 2013 The WTI crude oil market fell rapidly during the session on Wednesday after the markets took on a real "risk off" type of attitude. Adding fuel to the fire, the Federal Reserve released the minutes of its last FMOC meeting during the Wednesday session, which of course suggested that perhaps some of its asset purchases may be slow down in the future. Gold Price Analysis - Feb. 21, 2013 The XAU/USD pair fell sharply and traded as low as 1558.46 yesterday as the pair accelerated its decline after breaking below a critical support level of 1588 which was the bottom of the descending channel. EUR/USD Daily Outlook - Feb. 21, 2013 The EUR/USD pair had a rough session on Wednesday as the market initially trying to rally in the early hours, but was turned around and sliced through the 50 day moving average. The 50 day EMA is quite often used by traders to determine short-term momentum in a market based upon the longer-term attitude. GBP/USD Daily Outlook - Feb. 21, 2013 The GBP/USD pair fell drastically during the session on Wednesday, as the Bank of England suggested that further easing could be coming down the road. The United Kingdom has a very soft economy right now, and there are several people out there concerned about a "triple dip recession." EUR/GBP Daily Outlook - Feb. 21, 2013 The EUR/GBP pair rallied for most of the session on Wednesday, as the bank of England took a much softer stance on monetary policy then people would have expected. However, no further quantitative easing was suggested beyond the usual fare, and as a result the Pound would have lost ground against most currencies, but did remained some type of firmness in the end. EUR/GBP AT 50% - Feb. 21, 2013 The EUR/GBP has been trading in a weekly channel since establishing a high of 0.9802 in 2008, and has now once again reached the top of this channel. Successful Trades on Feb 20, 2013 According to the analysis of the USD/CAD and EUR/USD trader profited on a binary options platform. EUR/CAD Signal - Feb. 20, 2013 Catch up on the EUR/CAD pair with this Forex signal from Fadi and learn what his recommendation is here. Crude Oil Price - Feb. 20, 2013 The WTI crude markets rose during the session on Tuesday, breaking above the $97.00 level yet again. We have been in a consolidation area for some time now, and this simply looks like a continuation of that. Gold Price Analysis - Feb. 20, 2013 It appears that the XAU/USD pair halted its decline at the 1603 area after five consecutive days of losses. Gold prices have been falling since October on optimistic U.S. data. Rising car and house sales show the economy is improving and there are further signs that the labor market is stabilizing. XAG/USD Signal - Feb. 20, 2013 What is in store for silver? Find out with this free Forex signal from DailyForex.com. EUR/USD Daily Outlook - Feb. 20, 2013 The EUR/USD market got a bit of a boost during the Tuesday session as the ZEW numbers in both Europe and Germany came out much stronger than expected. The ZEW is a measurement of confidence in the economy, and as a result the fact that the confidence level was much higher than anticipated got buyers in the mood the push the market higher. USD/CAD Daily Outlook - Feb. 20, 2013 The USD/CAD pair rose during the session on Tuesday, breaking through the 1.01 handle which has been an area that I've been wanting for some time. This is a very bullish move, but the biggest problem I have is the shape of the candle as it formed a fairly well formed a shooting star. AUD/CAD Daily Outlook - Feb. 20, 2013 The AUD/CAD pair had a strong showing during the Tuesday session as the market plowed into the 1.05 level. The Canadian dollar found itself on the back foot for most of the session, and the Aussie finally got some relief again some of the major crosses. Successful Trades on Feb 19, 2013 According to the analysis of the OIL and USD/CAD trader profited on a binary options platform. GBP/CAD Signal - Feb. 19, 2013 Fadi is back and ready with a Forex signal for you to start your day with. Check out the signal for the GBP/CAD pair here. Gold Price Analysis - Feb. 19, 2013 The XAU/USD pair had a relatively tight range yesterday as investors tries to digest Friday's downswing. Demand for gold has been significantly decreasing as the conditions in the marketplace have dulled the precious metal’s safe-haven appeal. Crude Oil Price - Feb. 19, 2013 The WTI contract barely budged during the session on Monday, which of course wouldn’t be a surprise as the Americans were celebrating President’s Day. As it is a Federal holiday, many financial institutions were closed, and only the electronic global trading was available. EUR/USD Daily Outlook - Feb. 19, 2013 The EUR/USD pair did very little on Monday, but the Americans were away celebrating President’s Day. The largest players in New York were certainly away, and as a result there is only so much that can be read into the price action. USD/CAD Daily Outlook - Feb. 19, 2013 The USD/CAD pair shot straight up during the session on Monday, but the Americans were also away for the President’s Day holiday. Because of this, the pair would be greatly effected as a majority of the volume in this market tends to be North American trading, and the population of the American trading community is much larger than the Canadian one. NZD/USD Daily Outlook - Feb. 19, 2013 The NZD/USD pair fell during most of the session on Monday, although it needs to be stated that we had low volume due to President’s Day in America. This kept a lot of the larger New York offices closed, but the action was indeed telling to me. EUR/SEK Signal- Feb. 19, 2013 Check out this Forex signal for the EUR/SEK pair and learn the recommendation here. EUR/CAD Weekly Inverted Hammer Yesterday's low trading activity gave me a chance to get caught up on my charts, and I caught an important pattern on the EUR/CAD that I missed on Sunday. EUR/CHF Weekly Outlook - Feb. 18, 2013 For the greater part of 2012, the Swiss National Bank (SNB) ensured that the Swiss Franc was never strengthened beyond its acceptable exchange rate of 1.20 against the Euro. XAU/USD Signal- Feb. 18, 2013 Begin your week with a Forex signal for the XAU/USD pair. Learn the stop-loss for gold here. Weekly FX Forecast- Feb. 18, 2013 Unsure of what to do with your trades this coming week? Check out the weekly Forex forecast of some of the major pairs and learn whether our expert trader recommends to buy or sell. Gold Price Analysis - Feb. 18, 2013 Gold settled at $1608.78 an ounce on Friday, its lowest settlement since August 17. Breaking below the January 4 low of 1625.64 triggered a sell-off which gained momentum after the latest reports released from the Unite States provided further evidence that the world's biggest economy is continuing to recover. EUR/USD Daily Outlook - Feb. 18, 2013 The EUR/USD pair had a fairly quiet session on Friday as the markets in general went back and forth. It seems that most traders simply were not interested in taking a lot of risk in the marketplace going into the weekend, as is often the case on a Friday. USD/CAD Daily Outlook - Feb. 18, 2013 The USD/CAD pair had a strong showing on Friday, attempting to break through the 1.01 level. However, as it has done several times recently it failed. The one thing that does give me caution about shorting this pair is the fact that the lows are getting higher recently, and it does seem like a relentless attempt to breakout. NZD/USD Daily Outlook - Feb. 18, 2013 The NZD/USD pair fell rather harshly during the Friday session as the 0.85 level offered far too much resistance. New Zealand retail sales came out and push the pair above the 0.85 handle during the late date Thursday, but as you can see by the time we close the session on Friday we had close below the 0.8450 level. AUD/USD Outlook Remains Bearish The AUD/USD is trying very hard to give up the support level at 1.0225 established last week. If we look at the weekly chart we see that the upper descending trend line is holding true to form, while the downside still has some bearish potential to at least 1.0149, the low from October 14, 2012 as well as the intersecting point for the rising trend line and the Monthly S3. EUR/USD Signal- Feb. 15, 2013 Before the weekend begins, check out this Forex signal for the EUR/USD pair from the trading experts. Crude Oil Price - Feb. 15, 2013 The WTI Crude markets did very little during the session on Thursday intensively stained below the $98.00 level that has been so resistive. I look at this area as the gateway to the $100.00 level, and getting above there would be very bullish sign. EUR/USD Daily Outlook - Feb. 15, 2013 The EUR/USD pair fell rather significantly during the Thursday session, as foretold by the shooting star on Wednesday. However, I have to admit that I did not take this trade as I didn't see much room for the markets to move. NZD/USD Daily Outlook - Feb. 15, 2013 The NZD/USD pair rose during the session on Thursday, as the retail sales number out of New Zealand came out 1.6% better than expected. This of course is very bullish for the domestic economy, and as a result we finally managed to break through the 0.85 handle that has been so resistive lately. GBP/USD Daily Outlook - Feb. 15, 2013 The GBP/USD pair fell during the Thursday session yet again, and managed to get below the 1.55 handle. This pair simply seems like he cannot get out of its own way, and this has been especially true since we broke through the bottom of the hammer on Tuesday. Successful Trades on Feb 14, 2013 According to the analysis of the GBP/USD and EUR/USD trader profited on a binary options platform. GBP/USD Signal - Feb. 14, 2013 Check out this free Forex signal for the GBP/USD pair and catch the recommendation for your trading here! GBP/NZD Signal - Feb. 14, 2013 Check out this free Forex signal for the GBP/NZD pair and see what the recommendation for your trading is here. Crude Oil Price - Feb. 14, 2013 The WTI crude market had a negative showing during the Wednesday session, pulling back after trying to breakout and above the $98.00 level. If you read the analysis from yesterday, you know that I had pointed out the $98.00 level as being potential trouble for the buyers and this seems to be exactly what has happened. Gold Price Analysis - Feb. 14, 2013 The XAU/USD pair closed lower than opening as investors took a cautious stance ahead of the G-20 talks starting tomorrow. The pair maintains its bearish outlook while trading within the descending channel originating in October 2012. EUR/USD Daily Outlook - Feb. 14, 2013 The EUR/USD pair rose during the session again on Wednesday, but found the 1.35 level as being far too resistive to overcome. The resulting action formed a beautiful looking shooting star, and at the exact spot you want to see it. GBP/USD Daily Outlook - Feb. 14, 2013 The GBP/USD pair fell significantly during the Wednesday session again, breaking the bottom of the hammer that had been formed on Tuesday. Because of this, I have to admit that the support that I expected for this pair never appeared during the Wednesday session. NZD/USD Daily Outlook - Feb. 14, 2013 The NZD/USD pair had another positive session on Wednesday, continuing to press up against the top of the recent consolidation area with the barrier being based upon the 0.85 level. I see this area as a major point of contention in this currency pair, and if we can get above it this would mean big things indeed. GBP/NZD Sets New All Time Low From what I can tell, the GBP/NZD is trading at a lower price than ever before. The previous all time low was at 1.85439 and was set in August 2011. CAC40 Signal – Feb. 13, 2013 Check out this CAC40 signal from our pro traders and find your position at DailyForex.com. Crude Oil Price - Feb. 13, 2013 The WTI contract had a fairly bullish session on Tuesday as the momentum to the upside continued in this market. There a lot of different reasons why this market may be gaining, and as a result this makes a fairly bullish environment in which to start trading. Gold Price Analysis - Feb. 13, 2013 The XAU/USD pair (Gold vs. the American dollar) bounced off of the 1640 support level and formed a hammer yesterday. The pair closed the day higher after three consecutive days of losses as the American dollar lost strength against most of its major counterparts. EUR/USD Daily Outlook - Feb. 13, 2013 The EUR/USD pair initially fell during the session on Tuesday, but found support at the 1.3350 area in order to bounce and turn the market around showing significant support and momentum higher. The candle is kind of a strange shape; almost hammer like, but at the end of the day we still find the 1.35 level above offering resistance. EUR/GBP Daily Outlook - Feb. 13, 2013 The EUR/GBP pair initially surged during the Tuesday session, but found the 0.86 level as being far too resistive to overcome. Because of this, we saw significant pullback and a shooting star form that was essentially perfect and its shape. GBP/USD Daily Outlook - Feb. 13, 2013 The GBP/USD pair had a rough session on Tuesday initially as it fell below the 1.56 area and almost managed to reach the 1.5550 level. However, it had a significant bounce later in the day to form what essentially looks like a perfect hammer, and as a result it looks like there may be a bounce coming. Gold Triple Bottom? Feb. 13, 2013 Gold (XAU/USD) formed a daily pin bar on the support level at 1648 yesterday. The pair has staged reversals from this level several times over the past 12-14 months as well as farther back in time. EUR/SEK Signal - Feb. 12, 2013 Check out this EUR/SEK signal from our pro traders and find your position at DailyForex.com. Crude Oil Price - Feb. 12, 2013 The WTI crude market had a very bullish session on Monday after initially falling. The market found support at the $95.00 level again, and as we have recently; found this market to be willing to buy the contract out of those levels. Gold Price Analysis - Feb. 12, 2013 The XAU/USD pair has managed to break and close below the middle line (1652) of a massive consolidation range (roughly between 1525 and 1795) that the pair has been locked in for over 70 weeks. GBP/CHF Bearish Again- Feb. 12, 2013 The GBP/CHF, after bouncing from 1.4180 trading in a descending channel since July 22 when it reached the high for 2012 at 1.5479. Being the high for 2012, we have since been falling with pretty straight forward pull backs and have formed a descending channel as a result that has continued into 2013. EUR/USD Daily Outlook - Feb. 12, 2013 The EUR/USD pair sold bit of a bounce from the lows of last week on Monday. The candle isn't necessarily impressive, but it does suggest that the market is trying to find a little bit of a floor at this point. USD/CAD Daily Outlook - Feb. 12, 2013 The USD/CAD pair has been a real pain lately. It seems to want to just jump around randomly, and it certainly isn't following what's going on in the oil markets. Quite to the contrary, the Canadian dollar has been getting beaten up while oil continues to rise. NZD/USD Daily Outlook - Feb. 12, 2013 The NZD/USD pair is one of my favorite pairs to trade. One of the main reasons of course is the fact that it not only follows commodities, but it is also one of the least liquid of the major markets. FXE (EUR) Signal - Feb. 11, 2013 Check out this FXE (EUR) signal from pro trader Andrew Keene, only at DailyForex.com. Successful Trades on Feb 11, 2013 According to the analysis of the USD/CAD and GBP/USD trader profited on a binary options platform. USD/JPY Signal - Feb. 11, 2013 Check out this USD/JPY signal based on Fibonacci retracements, only at DailyForex.com. Gold Price Analysis - Feb. 11, 2013 The XAU/USD pair continued to consolidate roughly between 1660 and 1685 throughout the week. Positive signs for the U.S. economy and the recent strength of the American dollar have been denting the precious metal's safe-haven appeal. EUR/USD Daily Outlook - Feb. 11, 2013 The EUR/USD pair had another rough session on Friday as we initially trying to rally, but found the sellers far too aggressive to do so. The daily candle ended up being a shooting star, which of course was place of the bottom of a fairly steep selloff. GBP/USD Daily Outlook - Feb. 11, 2013 The GBP/USD pair had a strong showing on Friday as the British pound got a bit of a reprieve. This may have been in response to the hearings in front of British Parliament by incoming Bank of England head Mark Carney. USD/CAD Daily Outlook - Feb. 11, 2013 The USD/CAD pair shot straight up during the session on Friday, continuing the move higher that started early in January. Recently, we have seen this pair go sideways and do nothing, but the Friday session definitely showed that the momentum is with the US dollar. EUR/GBP Reverses - Feb. 11, 2013 The EUR/GBP reversed in a big way last week after hitting the resistance level at 0.8700. The pair fell 250 pips from the open at 0.8696, in the last 3 days of last week's trading to close at 0.8446. Weekly FX Forecast- Feb. 10, 2013 Where are the major Forex pairs headed? Check out this weekly Forex forecast and learn what your trading can mean for the rest of the week ahead. Gold Price Analysis - Feb. 8, 2013 The XAU/USD pair had a bearish candle as the American dollar strengthened across the board. The European Central Bank kept rates on hold at 0.75% yesterday but investors took a cautious stance as comments by President Mario Draghi raised expectations of further interest rate cuts. EUR/USD Daily Outlook - Feb. 8, 2013 The EUR/USD pair fell during the session on Monday as the European Central Bank had its meeting. The Chairman Mario Draghi spoke of the high value of the Euro hurting the European economy. EUR/GBP Daily Outlook - Feb. 8, 2013 The EUR/GBP pair isn't necessarily the most exciting one to follow. However, as part of my analyst duties I have to follow this pair for a few clients. It is because of this that I was aware of fact that the market fell during the session on Thursday. AUD/USD Daily Outlook - Feb. 8, 2013 The AUD/USD has been a source of great confusion lately. After all, the Australian dollar has underperformed just about everything, and many of my compatriots simply have no idea as to what has caused all of this weakness. Successful Trades on Feb 7, 2013 According to the analysis of the NZD/USD and EUR/USD trader profited on a binary options platform. GBP/AUD Signal - Feb. 7, 2013 Check out this GBP/AUD signal based on Fibonacci and find your target and SL at DailyForex.com. Gold Price Analysis - Feb. 7, 2013 The XAU/USD pair (Gold vs. the Greenback) rose yesterday as renewed fears about the U.S. debt ceiling and long-term spending cuts weighed on the greenback. Republicans are increasing pressure on Democrats to come up with a plan to replace the spending cuts. EUR/USD Daily Outlook - Feb. 7, 2013 The EUR/USD pair fell during the session on Wednesday, but as has been the case over the last three days, the 1.35 level has offered support. Currently, I feel that this pair is waiting to find out what the folks at the European Central Bank have to say later today, and whether or not they make any suggestion that the euro being priced at 1.35 offers problems. NZD/USD Daily Outlook - Feb. 7, 2013 The NZD/USD pair fell rather dramatically during the session on Wednesday, but it was late in the day and after the employment numbers came out of New Zealand. USD/JPY Daily Outlook - Feb. 7, 2013 The USD/JPY pair had a slightly positive day for most of the session on Wednesday, but pulled back in order to show the 94 level being far too rich for the buyers. However, this market is most certainly bullish, and we do not have any interest in going against that overall sentiment. EUR/NZD Honors Channel- Feb. 7, 2013 The EUR/NZD has been trading in an upward channel since hitting 1.5507 on January 10 of this year. Since then the pair has been providing some nice trading opportunities on the 4 hour charts and today is no exception. Successful Trades on Feb 6, 2013 According to the analysis of the GBP/USD and EUR/USD trader profited on a binary options platform. Gold Price Analysis - Feb. 6, 2013 The XAU/USD pair hit a wall at 1685 and closed the day slightly lower than opening. This zone at 1685 is a tough nut to crack and has provided support and resistance since December 2012. EUR/USD Daily Outlook - Feb. 6, 2013 The EUR/USD pair initially fell during the session on Tuesday, as it broke down through the 1.35 level. This area represented a significant support zone as far as I could tell, so I was glad to see that the market popped back over that level and close significantly higher. GBP/USD Daily Outlook - Feb. 6, 2013 The GBP/USD pair fell rather sharply on Tuesday, after initially trying to rally and get above the 1.58 level. What I found most interesting is that for the first time on a rally, we could not clear the handle. NZD/USD Daily Outlook - Feb. 6, 2013 The NZD/USD pair had a back and forth session during Tuesday, but considering where we are that was actually a fairly strong showing. After all, we are just below the 0.85 handle, an area that has kept this pair down for some time. XAU/USD Trapped In A Triangle Gold has been descending into a tight triangle formation on the Daily Charts, with yesterday's price action testing the top of the channel, the 62EMA and the Weekly R1 that have all come together at 1683.50 +/-, to form solid resistance for the pair. EUR/AUD Signal - Feb. 5, 2013 Our pro trader recommends a long position on EUR/AUD - get the full Forex signal only at DailyForex.com. Gold Price Analysis - Feb. 5, 2013 Political uncertainty was the major focus in the markets yesterday. The XAU/USD pair rose on Monday as political turmoil in Europe and weaker than expected economic data out of the United States boosted the precious metal's safe-haven appeal. EUR/USD Daily Outlook - Feb. 5, 2013 The EUR/USD pair fell rather dramatically during the session on Monday, as we retested the 1.35 level for support. While I expected this move, I didn't expect it in a matter of few short hours and this of course has caught many of my fellow traders off guard. GBP/USD Daily Outlook - Feb. 5, 2013 The GBP/USD pair had a positive session on Monday, but did not managed to break above the 1.58 level leaving me to believe that we are simply consolidating, and that the bullishness that we saw for the session isn't necessarily indicative of the some type of turnaround. AUD/USD Daily Outlook - Feb. 5, 2013 The AUD/USD pair had a relatively quiet session on Monday, as we initially fell towards the 1.04 handle. However, by the end of the day we bounced enough in order to form a candle the looks somewhat like a hammer, which of course is interesting after we have had two other candles in a row that looked very much like hammers. CHF/JPY Testing 2007 Highs The CHF/JPY cleared the 1998 high last week at 100.85 with little effort and continued on to the 2007 highs at 101.84 before stalling at 102.62 and forming an 'Inside Bar' on the daily chart yesterday. PMI EUR Signal - Feb. 4, 2013 Check out this signal for PMI (Purchasing Manager's Index) which is linked to the Euro, from expert Andrew Keene based upon the latest news from the region. Successful Trades on Feb 4, 2013 According to the analysis of the USD/JPY and EUR/USD trader profited on a binary options platform. Weekly FX Forecast- Feb. 4, 2013 The major Forex pairs had an interesting week last week. Will this affect your trading for the new week ahead? Find out here with the weekly Forex forecast. Gold Price Analysis - Feb. 4, 2013 The XAU/USD pair closed higher than opening on Friday as the American dollar lost strength after the unemployment figures came in worse than expected. Initially the pair traded as high as 1682 after the jobs report. EUR/USD Daily Outlook - Feb. 4, 2013 The EUR/USD pair rose again on Friday as the Non-Farm Payroll numbers came out as expected. The lack of bad news allowed the bulls to come back out, and as a result the bullish behavior of this market continued. USD/JPY Daily Outlook - Feb. 4, 2013 The USD/JPY pair continued to rally on Friday as the Non-Farm Payroll numbers came out as expected. The pair has been brutally bullish lately, and I see no reason to think this is going to change. GBP/CHF Daily Outlook - Feb. 4, 2013 The GBP/CHF pair has completely fallen apart over the last several sessions. The Friday session was just another collapse in a long running fall. This pair is a bit like the GBP/USD pair, but on steroids. USD/CHF Rejects 0.9000 - Feb. 4, 2013 The Swissy aka USD/CHF has rejected the 9000 area, at least for now. The pair reached a low on Friday of 0.90215, and printed a daily pin bar in the process. Gold Price Analysis- Feb. 1, 2013 Gold prices declined yesterday as the adrenalin rush of the Federal Open Market Committee meeting wore off. Yesterday, data from the world's largest economy were mixed. The Chicago purchasing managers index came in stronger than expected with a print of 55.6 and Personal Income rose 2.6%. EUR/USD Daily Outlook - Feb. 1, 2013 The EUR/USD pair fell initially during the Thursday trading hours, but as you can see by the daily chart we had experienced a bit of a rally later in the day. The resulting hammer suggests exactly what I've been thinking for some time now: that the 1.35 level will in the being massive support going forward. USD/CAD Daily Outlook - Feb. 1, 2013 USD/CAD had a very negative session on Thursday as you can see on the daily chart, break in the bottom of the Wednesday shooting star that sent just on top of the parity support level. GBP/USD Daily Outlook - Feb. 1, 2013 The GBP/USD pair had a strong showing on Thursday for the third day in a row. Considering how be of this pair had been recently, it is interesting to see that we are seeing quite a bit of a fight at this area. Successful Trades on Jan 31, 2013 According to the analysis of the USD/JPY and AUD/USD trader profited on a binary options platform. Gold Price Analysis - Jan. 31, 2013 The XAU/USD pair produced a bullish candle after it pulled itself out of the bears' grip. Poor U.S. GDP numbers and expectations that the Federal Reserve will remain hyper active helped gold prices to rise sharply. EUR/USD Daily Outlook - Jan. 31, 2013 The EUR/USD pair had an extraordinarily strong showing on Wednesday, as we finally broke above the 1.350 level. This area has been of particular interest to me, and just about everybody else in the Forex world, as it represents the neckline of a massive inverted head and shoulders. AUD/USD Daily Outlook - Jan. 31, 2013 The AUD/USD pair had a very negative day on Wednesday, but remains above the 1.04 level that showed so much support recently. The hammer from Monday still represents in my opinion a significant amount of support in this market, and as a result I'm not quite ready to start selling it. USD/JPY Daily Outlook - Jan. 31, 2013 The USD/JPY pair had a positive session on Wednesday, but gave back much of the gains as we found the 91 handle to be just a bit too rich for the buyers. However, what is more telling is the fact that the candle is shooting star shaped. EUR/CAD Hits 1.3650- Jan. 31, 2013 The EUR/CAD has bumped up against 1.3650, which was the the lows of May 2011, and a level not seen even once in 2012. Successful Trades on Jan 30, 2013 According to the analysis of the USD/JPY and EUR/USD trader profited on a binary options platform. Gold Price Analysis - Jan. 30, 2013 The XAU/USD pair paused its four-day decline as prices rebounded from 1652 to test the 1666 resistance level. The last few sessions saw bearish pressure due to fact that the bulls failed to penetrate a strong resistance at 1695. GBP/CHF Reversal Pending Jan. 30, 2013 The GBP/CHF printed a daily Pin Bar on the very solid support level of 1.4500 in yesterday's trading. The level was the key level from October 2011 through April of 2012 when it finally managed to break away from the zone's gravitational pull and began its ascent to the 2012 high of 1.5479. EUR/USD Daily Outlook - Jan. 30, 2013 The EUR/USD pair initially fell during the session on Tuesday, but found support at the 1.3400 level in order to bounce back and attempt to breakout and above the 1.3500 handle. A break of this area would indeed be very significant, and have me buying this market hand over fist. EUR/GBP Daily Outlook - Jan. 30, 2013 The EUR/GBP pair fell during the session on Tuesday, but did bounce just above the 0.85 level in order to form a hammer. This hammer suggests to me that we are going higher in this pair, and quite frankly the Euro seems to be picking up steam against everything at the moment. USD/JPY Daily Outlook - Jan. 30, 2013 The USD/JPY pair rose during the session on Tuesday, but gave back about half of the gains by the end of the day. The candle that was formed was slightly similar to a shooting star formation, but the fact that we sit upon a massive support area at the 90 handle suggests to me that the candle shape is basically irrelevant. Successful Trades on Jan 29, 2013 According to the analysis of the EUR/GBP and EUR/USD trader profited on a binary options platform. USD/CAD Trade Idea- Jan. 29, 2013 On Thursday, at 8:30 EST, the Statistics Canada (STCA) will publish the country’s GDP numbers for November 2012. The market is expecting a +0.2% read for this indicator (relative to October). Gold Price Analysis- Jan. 29, 2013 Gold prices continued to decline yesterday and touched the middle line of a giant consolidation area which prices have been trapped for several months. After falling 4 sessions in a row, it appears that the XAU/USD pair found some support at this critical level of 1652. EUR/USD Daily Outlook - Jan. 29, 2013 The EUR/USD pair fell during the session on Monday as the profit taking began. Quite frankly, the latest move has only reinforced in my mind that we will eventually break above the all-important 1.35 resistance level. NZD/USD Daily Outlook - Jan. 29, 2013 The NZD/USD pair had a fairly eventful session on Monday as we fell quite significantly during the day. However, there was quite a bit of a bounce and in fact the market formed a nice looking hammer at the bottom of what's been fairly consistent consolidation. EUR/GBP Daily Outlook - Jan. 29, 2013 The EUR/GBP pair shot straight up again during the Monday session, but did pullback to give some of the gains back. However, it's obvious that the 0.85 level has been violated and jumped over, and as a result it looks like we are beginning the next leg higher. USD/CAD Double Tops- Jan. 29, 2013 The USD/CAD has been stopped in its advance at 1.0099, just above parity with the US Dollar. The pair has reached the 61.8% FIBO Projection anchored at the low of 0.9632 (September 12, 2012) to the previous high from November 2012 at 1.0056, and finally back to January 11, 2013's low at 0.9815. FXB (GBP) Signal - Jan. 28, 2013 Check out this signal for the FXB (GBP) fund, from trading expert Andrew Keene, only at DailyForex.com. Successful Trades on Jan 28, 2013 According to the analysis of the USD/JPY and EUR/USD trader profited on a binary options platform. Weekly FX Forecast- Jan. 28, 2013 The end of the month may be approaching but don't let that discourage your trading for the final week. Check out the forecast for major Forex pairs here and plan your trading carefully. Gold Price Analysis - Jan. 28, 2013 The XAU/USD pair (gold vs. the greenback) closed the week lower than opening as failure to break above the 1695-1705 zone resulted in a sell-off. EUR/USD Daily Outlook - Jan. 28, 2013 The EUR/USD pair had another bullish session on Friday, as the buyers continue to take control in this market. What I find interesting is that we are currently testing the 1.35 level, and although we didn't break above that we certainly close on a high note for the week. GBP/CHF Daily Outlook - Jan. 28, 2013 The GBP/CHF pair is one that has been drifting lower for some time now. Part of this is because of the fear of a so-called "triple dip recession" in the United Kingdom. USD/JPY Daily Outlook - Jan. 28, 2013 The USD/JPY pair has been on an absolute tear lately as the Bank of Japan has recently announced that they were going to go out of their way to devalue the Yen. The skyrocketing value of the Japanese currency has been killing the export economy for this country, and as a result drastic actions will have to be taken. GBP/AUD Pings Triangle Bottom Last week the GBP/AUD hit a low of 1.4965, establishing a 3 touch trend line extending from the February 2012 lows through the August 2012 lows. EUR/USD Analysis- Jan. 25, 2013 We have moved from our negative neutrality and as we have mentioned in our previous report, a probability appeared that this pair might be in continues bullish technical combination. Get the analysis here. NZD/USD Analysis- Jan. 25, 2013 The NZD/USD has been range bound for almost three weeks as the pair is trapped between 0.8455 and 0.8330. As a result of better-than-expected data from China and Australia, the New Zealand dollar continues to show resilience against the greenback. Gold Price Analysis- Jan. 25, 2013 Gold prices dropped after data released yesterday provided further evidence that the U.S. economy is continuing to heal. Successful Trades on Jan 24, 2013 According to the analysis of the USD/JPY and EUR/USD trader profited on a binary options platform. Gold Price Analysis - Jan. 24, 2013 We tried to climb above the upper band of the 1685-1695 zone and didn't have enough gas. The XAU/USD pair closed lower than opening after lawmakers in the U.S. House of Representatives approved a suspension of the debt ceiling until May 19th. EUR/USD Daily Outlook - Jan. 24, 2013 The EUR/USD pair had a fairly wide range during the Wednesday session, but officially closed at the 1.34 level. We went back and forth and decided almost nothing. This is because the pair is currently consolidating between the 1.3250 and 1.33 levels. USD/JPY Daily Outlook - Jan. 24, 2013 The USD/JPY pair fell during most of the session on Wednesday, as the Yen continued to gain overall. However, by the end of the session we bounced enough to form a hammer like candle. GBP/USD Daily Outlook - Jan. 24, 2013 The GBP/USD pair went back and forth during the Wednesday session for the third day in a row. We currently been bouncing on the 1.58 handle, and as a result the area looks like its trying offer a significant amount of support. EUR/CAD Reaches Higher- Jan. 24, 2013 Yesterday the EUR/CAD rocketed upwards over 100 pips after the Bank of Canada left the interest rate unchanged. The EUR/CAD has been steadily marching higher since establishing an all time low in August at 1.2129. Successful Trades on Jan 23, 2013 According to the analysis of the AUD/USD and EUR/USD trader profited on a binary options platform. EUR/CHF Trade Idea- Jan. 23, 2013 Lately, changes in market conditions on both sides of the EUR-CHF have brought about what we consider an opportunity to capitalize on the long-standing stagnation in the cross. Get the analysis here. Gold Price Analysis - Jan. 23, 2013 The XAU/USD pair managed to stay above the 1685 level as easing concerns over the global growth continued to attract buyers. Also the recent weakness in the American dollar has been providing support for safe-haven gold. EUR/USD Daily Outlook - Jan. 23, 2013 The EUR/USD pair went back and forth during the session on Tuesday, essentially doing nothing but testing the bounds of the recent consolidation area. Because of this, this is a micromanaged pair at best, and scalpers will do quite well while the rest of the simply wait on the sidelines. GBP/USD Daily Outlook - Jan. 23, 2013 The GBP/USD pair went back and forth during the session on Tuesday, much like the Euro did against the US dollar. However, this pair is sitting on a much more significant support level than the EUR/USD, so it's actually a little bit more interesting to me at this moment. AUD/USD Daily Outlook - Jan. 23, 2013 The AUD/USD pair had a strong showing on Tuesday as the market plowed higher. However, we run into quite a bit of resistance of the 1.0580 level, and as we have seen over the last couple of weeks, the Australian dollar simply isn't strong enough to chew through that area yet. However, I do believe in sooner or later this happens. Kiwi Climbs After BOJ- Jan. 23, 2013 The NZD/USD aka Kiwi climbed over 70 pips from open yesterday after the BOJ doubled its inflation target to 2 percent and adopted an open-ended commitment to buy assets starting 2014. Gold Price Analysis - Jan. 22, 2013 Gold prices ended slightly higher although trading activity was subdued with the financial markets in the United States closed for a public holiday. Today the gold market remains steady during the Asian session as most investors are waiting for the outcome of the Bank of Japan policy meeting. EUR/USD Daily Outlook - Jan. 22, 2013 The EUR/USD pair did almost nothing during the Monday session, as would be expected as the United States was celebrating Martin Luther King Jr.'s birthday. Because of this, the markets are very illiquid, and we saw almost nothing out of Forex markets during North American hours. GBP/USD Daily Outlook - Jan. 22, 2013 The GBP/USD pair fell again during the Monday session, but as you can see by the daily chart found quite a bit of support at 1.58 level. This is an area that I had suspected could cause a bit of a bounce, and so far it looks like my assumptions are holding somewhat true. AUD/USD Daily Outlook - Jan. 22, 2013 The AUD/USD pair had a slightly positive day on Monday, as the 1.05 level offered support yet again. I firmly believe that this area is the beginning of a significant base, and we are going to eventually see this pair break above the 1.06 level. USD/CAD Set To Climb? Jan. 22, 2013 The USD/CAD, otherwise known as the good old 'Loonie' to us Canuck's has pierced a descending trend-line at 0.9932 2 days in a row with yesterday's low volume market printing a Bullish Inside Bar. Successful Trades on Jan 21, 2013 According to the analysis of the USD/CAD and EUR/JPY trader profited on a binary options platform. Gold Price Analysis - Jan. 21, 2013 The XAU/USD pair seems to be picking up momentum since the prices bounced off of the 1625.64 level. The pair printed two bullish weekly candles in a row. EUR/USD Daily Outlook - Jan. 21, 2013 The EUR/USD pair lost ground on Friday as we continue to bounce around just above the 1.3300 level. This area of course was significant resistance previously, and as a result we are currently testing it out support. This is a basic tenet of technical analysis, so of course this move isn't necessarily surprising. EUR/JPY Daily Outlook - Jan. 21, 2013 The EUR/JPY pair has been out-of-control and absolutely ridiculous for the last couple of months. The way this pair moves, you would be forgiven if you thought gravity failed to exist. Having said that, we have seen a nice and relentless uptrend and it's obvious at this point time selling this pair is a very dangerous proposition. USD/CAD Daily Outlook - Jan. 21, 2013 The USD/CAD pair shot straight through the roof on Friday, managing to leapfrog the 0.99 handle for the first time in two weeks. USD/CHF Looks Towards .09500 The Swissy (USD/CHF) printed a Weekly Engulfing candle last week off of the support level at 0.9100 that has halted it's decent for the past 5 weeks in a row. Weekly FX Forecast- Jan. 20, 2013 Begin your trading week the right way with this forecast of some of the major Forex pairs. See the recommendations and where these pairs may be headed here. Gold Price Analysis - Jan. 18, 2013 XAU/USD closed higher than opening after a highly volatile session yesterday. Gold prices rose to its highest levels in four weeks against the greenback. EUR/USD Daily Outlook - Jan. 18, 2013 The EUR/USD pair had another strong showing on Thursday as the bulls continue to push the markets up and away. The Euro has been enjoying a bit of a reprieve from the brutal selloff we saw for most of the previous year or so, and as a result there has been quite a bit of short selling. EUR/JPY Daily Outlook - Jan. 18, 2013 The EUR/JPY pair has been a one-way ride for some time now. The move that we saw on Thursday simply put an exclamation point on that reality. We had a nice hammer formed on Wednesday, and this of course was always bullish and signal that we would perhaps try to breakout and above the 120 handle. CAD/JPY Daily Outlook - Jan. 18, 2013 The CAD/JPY pair had a very strong showing during the Thursday session and managed to make a fresh new high. This makes sense though, because the light sweet crude market itself broke out to the upside. Successful Trades on Jan 17, 2013 According to the analysis of the USD/CAD and EUR/USD trader profited on a binary options platform. Signal Update- January 17, 2013 Get the signal updates from two pairs previously posted on DailyForex.com and finish the trades accordingly. Gold Price Analysis - Jan. 17, 2013 XAU/USD tried to break through the 1685 level but the bulls did not have enough gas, as a result prices pulled back to the 1674 level, which is the Kijun sen line (twenty six-day moving average, green line) on the daily chart, before rebounding back to 1679. EUR/USD Daily Outlook - Jan. 17, 2013 The EUR/USD pair fell during the Wednesday session as the 1.33 level has been retested again. This area was one significant resistance, so it makes sense that we will come back down and try to find out whether the "ceiling becomes the floor." USD/JPY Daily Outlook - Jan. 17, 2013 The USD/JPY pair fell during the Wednesday session as the pullback continued. However, we got a significant bounce off of the 87 handle, and the site of a previous swing high. The resulting candle of course was a hammer and then of course is a bullish sign. USD/CAD Daily Outlook - Jan. 17, 2013 The USD/CAD pair rallied during the session on Wednesday again, and unlike Monday and Tuesday managed to keep at least some of the gains. However, I still see quite a bit of resistance above at the 0.99 handle, and possibly even lower. AUD/USD Tests 1.0500 - Jan. 17, 2013 The AUD/USD has been trading in a tight range the past 3 days with progressively higher lows, but similar highs and has now broken below the support at 1.053. Successful Trades on Jan 16, 2013 According to the analysis of the USD/JPY and EUR/USD trader profited on a binary options platform. EUR/AUD Signal- January 16, 2013 See what our expert trader recommends for the EUR/AUD pair with this free Forex signal. Gold Price Analysis - Jan. 16, 2013 XAU/USD extended its gains as the bulls manage to clear trend line resistance at 1672.40. The pair also climbed and managed stay above the 1677 level which had been a cap on the prices recently. EUR/USD Daily Outlook - Jan. 16, 2013 The EUR/USD pair pulled back during the Tuesday session in order to test the 1.33 level for support. The pair even managed to fall just above the 1.3250 area, but bounced towards the end of the day in order to show that support did in fact reside in that general vicinity. AUD/SGD Daily Outlook - Jan. 16, 2013 The AUD/SGD pair isn't one that many people talk about, but it is an interesting pair to watch for several different reasons. The first and most compelling reason is that it is a measure of trade in Asia. After all, most Asian nations do some business with Australia buying needed minerals and other industrial materials. USD/JPY Daily Outlook - Jan. 16, 2013 The USD/JPY pair fell during the session on Tuesday, proving that it does in fact have to obey the laws of gravity like everyone else. Lately, any pair that is Yen related has been a straight shot against the Japanese currency. Successful Trades on Jan 15, 2013 According to the analysis of the USD/CAD and EUR/GBP trader profited on a binary options platform. EUR/CHF Daily Outlook - Jan. 15, 2013 This pair shot through several resistance areas on Monday, but still remains below the 1.25 level. Find out what this means here. USD/CAD Daily Outlook - Jan. 15, 2013 The USD/CAD pair initially tried to rally during the Monday session, but it failed somewhere around the 0.9880 level. Learn more here. EUR/USD Daily Oulook - Jan. 15, 2013 I see a move above the 1.35 level as monumental in this pair. Get the full analysis here. USD/CAD Signal- January 15, 2013 Start your day with a free Forex signal for the USD/CAD pair and catch the recommendation for your trading here. EUR/GBP Hits Resistance Jan. 15, 2013 The EUR/GBP has gapped up this week, and after yesterday's trading has also hit the bottom of a resistance zone that held the pair captive from January through March of 2012. Gold Price Analysis - Jan. 15, 2013 The XAU/USD pair remained slightly bullish yesterday and traded as high as 1674.70. It appears that the bulls gained some strength after Federal Reserve Chairman Ben Bernanke said nothing to reinforce the hawkish reading of the latest FOMC minutes. FXE (Euro) Signal - Jan. 14, 2013 Get one expert's opinion about the Euro and how to trade the FXE ETF - only at DailyForex.com. Successful Trades on Jan 14, 2013 According to the analysis of the USD/CAD and EUR/USD trader profited on a binary options platform. Weekly FX Forecast- Jan. 14, 2013 Some of the major Forex pairs weren't so hot last week while others were. See what is in store for them this coming week and make your trading moves carefully. Gold Price Analysis - Jan. 14, 2013 XAU/USD (gold vs. the greenback) had a slightly positive week as the bulls continued to defend the support level at 1652. Get the gold analysis here. USD/CAD Daily Outlook - Jan. 14, 2013 The USD/CAD pair fell during the Friday session as we broke below the recent lows in order to make a serious attempt at the 0.98 handle. However, by the end of the day we get a significant enough bounce order to form a hammer. GBP/AUD Daily Outlook - Jan. 14, 2013 The GBP/AUD pair initially fell during the Friday session, but bounced off of the 1.5250 level in order to climb back above the 1.53 handle. GBP/CHF Test Channel Bottom The GBP/CHF, not unlike the USD/CHF has been trading in a descending channel since July 22 when it reached the high for 2012 at 1.5479, a level not seen since February 2011. EUR/USD Daily Outlook - Jan. 11, 2013 The EUR/USD pair shot straight up like it was fired out of a cannon on Thursday. The pair was reacting to a few answers during the post meeting by European Central Bank Chairman Mario Draghi relating to a more upbeat than thought assessment of the economy. EUR/AUD Daily Outlook - Jan. 11, 2013 The EUR/AUD pair is one that I don’t normally follow much. However, the session on Thursday was so pro-Euro; I started to look around the Forex markets at all of the EUR/XX pairs, and came across this one. AUD/USD Daily Outlook - Jan. 11, 2013 The AUD/USD pair is about to become my favorite pair I think. The 1.06 level just above is massive in its implications, and I think that this could be a serious move up. The pair is often used as proxy for China, and the Chinese let loose with very strong import/export numbers over the last 24 hours. Gold Price Analysis - Jan. 11, 2013 XAU/USD ended yesterday’s session higher, supported by strong Chinese trade balance data and weak demand for the U.S. dollar. The data out of China, the world's biggest gold consumers, showed the country’s trade surplus surged from $19.6 billion to $31.62 billion in December. Successful Trades on Jan 10, 2013 According to the analysis of the AUD/USD and EUR/USD trader profited on a binary options platform. EUR/USD Daily Outlook - Jan. 10, 2013 The EUR/USD pair fell during the session on Wednesday, but has hit an interesting area that is causing a bit of confusion for traders out there. For starters, we have an uptrend line that is now looking more and more supportive, and the action on Wednesday would have done nothing to dissuade traders from believing in the validity of this trend line. AUD/CHF Daily Outlook - Jan. 10, 2013 The AUD/CHF had a bullish session on Wednesday, popping higher and piercing the 0.9750 level. This chart is one of my fair wants to follow, even though I don't traded very often. The reason being is that we have a classic "risk on, risk off" type of marketplace. AUD/USD Daily Outlook - Jan. 10, 2013 The AUD/USD pair had a back-and-forth session during the Wednesday trading hours, but what struck me the most about this pair is the fact that we are hanging tough just above the 1.05 level. Gold Price Analysis - Jan. 10, 2013 XAU/USD closed slightly lower than opening yesterday but found support at the 1652 level during the Asian session today. EUR/AUD In Freefall, Jan. 10, 2013 The EUR/AUD has fallen some 440 pips since December 28 when it reached a high of 1.2806, not as high as the September 2012 high of 1.2823, but very close and the double top proved to be an excellent selling opportunity for anyone wise enough to sell the pair at that level. Successful Trades on Jan 9, 2013 According to the analysis of the AUD/USD and EUR/USD trader profited on a binary options platform. JPY Signal- January 9, 2013 Short the Yen as Bank of Japan says sayonara to deflation. Check out this free Forex signal based on the recent FXY movement from Keene on the Market. EUR/USD Daily Outlook - Jan. 9, 2013 The EUR/USD pair attempted to rally during the session on Tuesday, but found the 1.3150 level too resistive to overcome. This was once the site of a massive support, and as a result should continue to be massive resistance. EUR/JPY Daily Outlook - Jan. 9, 2013 The EUR/JPY pair originally trying to break above the 115 level during the Tuesday session, but we solve this pair fall as the day wore on. I believe that we are getting close to see in this pair pullback to the 112 level, an area that was a massive gap from two weeks ago. AUD/USD Daily Outlook - Jan. 9, 2013 The AUD/USD pair initially fell back through the 1.05 level during the session on Tuesday to show weakness yet again. However, by the end of the session the market bounced and closed above the 1.05 level to form a perfect hammer. Gold Price Analysis - Jan. 9, 2013 XAU/USD (or gold vs. the greenback) has been basically bearish since October 2012 when it 1795.75. Last week the pair touched 1625.64, the bottom of the descending channel that we have been following since October 5. EUR/CAD Short Trade Idea Considering the current trends in the major economies, check out this trade idea for the EUR/CAD pair based on recent events in both the US and Europe affecting the markets everywhere. GBP/CHF Still Falling- Jan. 9, 2013 The GBP/CHf has been trading in a descending channel since hitting an 18 month high in July 2012. The pair seems to be faithfully moving down 200-300 pips before reversing and moving up about the same distance, essentially creating a nice range for trading, and some beautiful trading opportunities along the way. AUD/USD Forecast for 2013 AUD has been the out-performing commodity currency against the USD since the “fiscal cliff deal” was resolved at the turn of the New Year. Check out the AUD/USD forecast for this new year, 2013 here. EUR/USD Daily Outlook - Jan. 8, 2013 The EUR/USD pair initially fell during the Monday session, but we got a bit of support at the 1.30 handle in order to push the market higher. At the end of the day, we closed above the 1.31 handle, and formed what looks a bit like a hammer, suggesting serious bullish strength underneath. AUD/USD Daily Outlook - Jan. 8, 2013 The AUD/USD pair really seemed to have perked up during the session on Monday. After all, we had seen a bit of bearishness in the early hours, but the 1.0470 level offered enough support to see the market bounced back over the 1.05 handle. GBP/USD Daily Outlook - Jan. 8, 2013 The GBP/USD pair initially fell during the session on Monday, but as you can see on Friday we had already formed a hammer. This hammer suggested that there was support at the 1.60 level, and as a result I started buying as we get close to that level. Gold Price Analysis - Jan. 8, 2013 XAU/USD closed lower than opening yesterday as the initial rally faded after the bears run out of steam at the 1660 resistance, which is the Kijun-sen line (twenty six-day moving average, green line) on the 4-hour chart. AUD/JPY Correction? Jan. 8, 2013 The AUD/JPY printed a spinning top off of resistance at 92.50 yesterday and has since been falling slowly during Asian Trading. Successful Trades on Jan 7, 2013 According to the analysis of the USD/JPY and AUD/USD trader profited on a binary options platform. Yen (USD/JPY) Forecast for 2013 Going into 2013, the Japanese Yen continues to weaken against the USD as the newly elected Prime Minister, Shinzo Abe sends strong signals through recent statements. Check out the 2013 forecast for the USD/JPY pair here. EUR/USD Daily Outlook - Jan. 7, 2013 The EUR/USD pair a slightly positive session on Friday after the US Non-Farm Payroll numbers came out roughly in line with overall consensus. Looking forward, this normally represents a "risk on" rally waiting to happen, and this of course normally pushes his pair higher. USD/JPY Daily Outlook - Jan. 7, 2013 The USD/JPY pair has been quite active lately, and as you can see by the chart certainly bullish. As many of you know, I have been long in this pair for quite some time now, and have been espousing the idea of this pair being a longer-term buy-and-hold type of proposition. AUD/USD Daily Outlook - Jan. 7, 2013 The AUD/USD pair fell to the 1.04 level on Friday, but after the jobs number came out of the United States, we get a significant bounce all the way back up to the 1.0477 area. Gold Price Analysis - Jan. 7, 2013 Although XAU/USD fell for the week, Friday’s price action was really interesting. The XAU/USD pair broke below the 1655 support and (almost) touched the bottom of the descending channel (1625) and climbed back above the 1655 level, printing a hammer on the daily chart. USD/CHF Testing 0.9265 Again The Swissy (USD/CHF) fell to a low last week of 0.9076 after breaking a key support level for the pair at 0.9265 on December 13 when the pair successfully opened and closed below the level and then continuing to fall the next day. Weekly FX Forecast- Jan. 6, 2013 Start your week the right way with the Forex forecast of some of the major pairs like EUR/USD and AUD/USD. What is in store for your trading? Find out here. EUR/USD Daily Outlook - Jan. 4, 2013 The EUR/USD pair fell rather precipitously during the Thursday session after forming the shooting star for Wednesday. I had suggested previously that this could be a signal of things to come, and this appears to be exactly what has happened. USD/CAD Daily Outlook - Jan. 4, 2013 The USD/CAD pair initially fell during the session on Thursday, but bounced slightly off of the 0.98 region in order to form a somewhat hammer like looking candle. AUD/USD Daily Outlook - Jan. 4, 2013 The AUD/USD pair broke above the 1.05 level during the Thursday session again, and just like it did on Wednesday, he gave back enough gains to fall below it at the close. With this being said, we formed a hammer, and it does show that the 1.05 level is significant resistance. Gold Price Analysis- Jan. 4, 2012 XAU/USD fell sharply after the bears increased selling pressure and pulled the pair below the 1684 support level. We see that the relief rally is running out of gas as the markets turned their attention to the economic data releases again. AUD/JPY Marches Upward- Jan. 4, 2013 The AUD/JPY had what I call a 'breather' day. One of those days where everything just slows down and you take time to read a book, or watch a movie and just stay in your pajamas all day. Successful Trades on Jan 3, 2013 According to the analysis of the AUD/USD and GBP/USD trader profited on a binary options platform. Gold (XAU/USD) Forecast for Year 2013 Where is gold headed this coming year? Check out this forecast for the XAU/USD pair and see whether gold is going to continue being a treasure for some traders. Signal Update- January 3, 2013 See where some of our posted signals ended up and what to do next with this signal update for the EUR/CHF, XAU/USD, and AUD/CHF pairs. AUD/USD Daily Outlook - Jan. 3, 2013 The AUD/USD pair had a very strong session on Wednesday as one would expect. After all, the U.S. Congress decided to come together and sign a fiscal deal that averted so many of the tax raises and budget cuts that the markets were concerned about. GBP/USD Daily Outlook - Jan. 3, 2013 The GBP/USD pair had a very strong opening on Wednesday as Asian traders reacted to the news that the United States Congress came to an agreement on the so-called "fiscal cliff" situation. Gold Price Analysis - Jan. 3, 2013 XAUUSD rose to its highest level in two weeks after the fiscal package passed by both houses of Congress prevented the United States from slipping into a recession. GBP/NZD Retesting Critical Support The GBP/NZD was trapped in a descending wedge since mid 2012, and an even tighter range for November 2012. We saw the pair break out to the downside on December 06, 2012 when it fell to test the long term trend-line at 1.9065 before returning to the same level that had trapped it for so long. AUD/CHF Signal - Jan. 2, 2013 This AUD/CHF signal is based on Ichimoku principles, and comes directly from the DailyForex.com trading desk. Check it out now! USD/CHF Signal- January 2, 2013 Check out this USD/CHF signal using a new kind of method, Trend anatomy by Elliott Waves counts and Fibonacci here. EUR/USD Signal- January 2, 2013 Begin your new year with this EUR/USD signal from our expert trader, Fadi. Make your moves now. Gold Price Analysis- Jan. 2, 2013 Although XAU/USD started the first trading day of 2013 lower, the pair has been climbing slowly during the Asian session. The pair traded as high as 1678.55 after the House of Representatives formally passed the fiscal cliff bill which will undo tax increases that took effect yesterday. EUR/USD Daily Outlook - Jan. 2, 2013 The EUR/USD pair is just about enough to make me fall asleep. This pair has been stuck in a relatively tight range recently, the question now is whether or not it is simply taking a rest before goes higher, or starting to run into significant resistance and about to turn lower. NZD/USD Daily Outlook - Jan. 2, 2013 The NZD/USD pair is one that is very risk sensitive. The action on Monday was certainly positive, and as such it shows that the markets expect some type of deal in the "fiscal cliff" talks coming out Washington DC. USD/CAD Daily Outlook - Jan. 2, 2013 The USD/CAD pair initially rose during the session on Monday as traders begin to worry about the fiscal talks going on in Washington DC. However, as the day wore on there came more and more signs of positive U.S. Congress dealing with the fiscal talks that have driven the headlines over the last couple of weeks. GBP/NZD Signal- January 1, 2013 Check out this free Forex signal for the GBP/NZD pair as the new year begins. If you are a swing or position trader this signal is for you! Gold Price Analysis - Jan. 1, 2013 XAU/USD (gold vs. the greenback) ended the final trading day of 2012 higher than opening on growing confidence a deal can be reached in the United States to avoid painful spending cuts and tax hikes which could seriously damage the economic recovery. Successful Trades on Dec 31, 2012 According to the analysis of the USD/JPY and EUR/USD trader profited on a binary options platform. Gold Price Analysis - Dec. 31, 2012 XAU/USD printed a bearish candle on Friday but rose slightly on a weekly basis. It appears that prices established a support level at 1652 and a resistance at 1666 as market players are paying attention to U.S budget talks to see if lawmakers can reach a deal to avoid a series of spending cuts and tax hikes beginning on January 1st 2013. EUR/USD Daily Outlook - Dec. 31, 2012 The EUR/USD pair fell during the session on Friday, only to bounce off of the 1.3150 level. This level has served as support over the last two weeks, and previously was significant resistance. USD/JPY Daily Outlook - Dec. 31, 2012 The USD/JPY pair fell during the Friday session as the market finally salsa negativity. This pair has shot straight up from the 84 handle, and as an exclamation point to the situation we managed to gap up higher after the Christmas break. GBP/AUD Daily Outlook - Dec. 31, 2012 The GBP/AUD pair has spent the better part of the last two weeks bouncing around the 1.55 handle. When look down upon through the prism of the longer-term charts, and this is a significant area, and the fact that we are finding support at this area does suggest that we should see higher prices. Weekly FX Forecast- Dec. 30, 2012 Ring in the new year with this weekly forecast of some of the major Forex pairs. The markets may slow down this week but don't let that stop you. EUR/USD Daily Outlook - Dec. 28, 2012 The EUR/USD pair bounced around during the session on Thursday, but did not break out of the consolidation that we have been seen over the last week or so. USD/JPY Daily Outlook - Dec. 28, 2012 The USD/JPY pair continued to jump higher during the Thursday session as the world focuses on the Bank of Japan and what it is going to do next. This pair has been essentially reacting to the new mandate that the Bank of Japan will find itself having, namely keeping an inflation target of 2% and trying to devalue the Yen. USD/CAD Daily Outlook - Dec. 28, 2012 The USD/CAD pair fell during the Thursday session, and bounced off of the 0.99 handle. This is an area that I suspect it could as the area has been supportive. The fact that we closed the day forming a bullish hammer suggests to me that we will make a run towards the 0.9950 level which I see as massive resistance. Gold Price Analysis- Dec. 28, 2012 The gold market remains focused on the U.S. budget battle. Yesterday the XAU/USD pair closed higher than opening on increased uncertainty that lawmakers in the United States will reach a budget deal before next year. Successful Trades on Dec 27, 2012 According to the analysis of the NZD/USD and USD/CAD trader profited on a binary options platform. EUR/USD Daily Outlook - Dec. 27, 2012 The EUR/USD rose during the session on Wednesday again as the bullishness continues. However, as you can see by the chart there seems to be a lot of give back towards the end of the day as there are relatively long wicks on top each of the candles. USD/CAD Daily Outlook - Dec. 27, 2012 The USD/CAD pair managed to plow higher during the session on Wednesday after traders came back from the Christmas holiday. However, we did manage to break above the 0.9950 level, so as far as I can see we are still consolidating. NZD/USD Daily Outlook - Dec. 27, 2012 The NZD/USD pair gapped lower at the open after the Christmas break on Wednesday. Typically, this would be the type of action that would have me shorting a market as it is very bearish. Gold Price Analysis- Dec. 27, 2012 XAU/USD appears to be consolidating as the uncertainty over the U.S. budget talks make traders reluctant to take sizable positions, long or short. In addition, many traders are on the sideline as trading slows down prior to the New Year. EUR/USD Signal - Dec. 26, 2012 This free EUR/USD signal based on Elliott Wave theory will hopefully help you end the year profitably. Successful Trades on Dec 26, 2012 According to the analysis of the CAD/JPY and GBP/USD trader profited on a binary options platform. EUR/USD Daily Outlook - Dec. 26, 2012 The EUR/USD pair initially tried to rally during the session on Monday, even with the low volumes during the Christmas Eve shortened holiday. The rally failing is interesting as it happened at the 1.32 handle, which is exactly one handle below the last failure. USD/JPY Daily Outlook - Dec. 26, 2012 The USD/JPY pair is one that I have been talking about ad nauseam for several weeks now. This is because I believe that we are in the beginning of a massive trend change that could last months, if not years. GBP/USD Daily Outlook - Dec. 26, 2012 The GBP/USD pair initially rallied during the session on Monday, but could not hold gains in a light volume session for the Christmas Eve holiday. The pair simply could not hold above the 1.62 level, and as a result fell back down in order to challenge the 1.61 handle and formed a shooting star. USD/CAD Daily Outlook - Dec. 26, 2012 The USD/CAD pair has been a great pair for people that are looking to range trade lately. This makes sense as the two economies are so intertwined. The fact that there is a “fiscal cliff” possibly happening in the United States will continue to hurt the Canadian dollar as well. CAD/JPY Daily Outlook - Dec. 26, 2012 The CAD/JPY pair is one of my favorites currently. This is because the Bank of Japan has been very open about the fact that it is going to expand its massive monetary policy. Weakening the Yen seems to be one of the most important jobs of the central bank going forward. NZD/USD Daily Outlook - Dec. 26, 2012 The NZD/USD pair had a relatively weak Christmas Eve session on Monday, but all things being equal, you must remember that there was simply no volume. Because of this, there is it too much you can read out of the session but we can look at the totality of the chart and garner a few ideas. Gold Price Analysis- December 25, 2012 XAU/USD closed slightly higher than opening but activity was subdued, as trading closed early ahead of the Christmas holiday. The XAU/USD pair (gold vs. U.S. dollar) traded as high as 1665.80 and settled at 1660. Successful Trades on Dec 24, 2012 According to the analysis of the USD/JPY and EUR/USD trader profited on a binary options platform. Gold Price Analysis- Dec. 24, 2012 XAU/USD fell for the week but found support at the 1635.50 level. The XAU/USD pair closed higher than opening on Friday as disappointing U.S. consumer confidence data and a proposal from U.S. Speaker of the House of Representatives John Boehner to avoid the fiscal cliff failed to win support from his own party increased the precious metal’s safe-haven appeal. EUR/USD Daily Outlook - Dec. 24, 2012 The EUR/USD pair has been one of the more difficult trades to be involved in until recently. I can give you 100 reasons why the Euro should be falling in value, but evidently there are about 105 why the US dollar should be falling at the same time. USD/JPY Daily Outlook - Dec. 24, 2012 I believe that the USD/JPY pair will be one of the most interesting pairs for the year 2013. Looking at this chart, I see that the 84 level has offered quite a bit of support over the last several sessions, this is especially bullish for me as I saw the 84 level as so resistive. NZD/USD Daily Outlook - Dec. 24, 2012 The NZD/USD pair fell precipitously during the Friday session as the "risk off" trade came back into play. The New Zealand dollar is one of the most sensitive currencies to rest, as it represents an amalgamation of the commodities markets in general. Weekly FX Forecast- Dec. 23, 2012 The holidays this week may slow some trading down but don't let that stop you. Check out the weekly forecast of some of the major Forex pairs here. EUR/USD Daily Outlook - Dec. 21, 2012 The EUR/USD pair attempted to rally during the session on Thursday again, but just as it did on Wednesday it fell short of clearing the 1.33 handle. Looking at this chart, you can see that we've had to shooting stars in a row, and this is normally very bearish signal. GBP/USD Daily Outlook - Dec. 21, 2012 The GBP/USD pair attempted to break above the 1.63 level for the second time in the last two days on Thursday. However, it failed and it shows just how resistive this area is going to be. USD/JPY Daily Outlook - Dec. 21, 2012 The USD/JPY pair fell during much of the session on Thursday, but found the 84 level supportive yet again. The resulting candle was a hammer, and this of course is always bullish when you see it. Gold Price Analysis- Dec. 21, 2012 XAU/USD (Gold vs. the Greenback) continued its bearish free fall yesterday and hit the lowest level since August 23. Prices fell below the critical support level of 1660 after a report from the Commerce Department showed the U.S. economy grew at a 3.1% annual rate in the third quarter. EUR/USD Signal Update - Dec. 20, 2012 Our last EUR/USD wasn't successful, but here's an explanation and a hint of what's to come from our expert Fadi. Gold Price Analysis - Dec. 20, 2012 XAU/USD continued to slide and closed lower than opening yesterday. This was the lowest settlement price since August 30. XAU/USD has seen quite a selloff lately, as the conditions in the marketplace have dulled the precious metal’s safe-haven appeal. EUR/USD Daily Outlook - Dec. 20, 2012 The EUR/USD pair initially started the Wednesday session or the first half of the day as it gained against pretty much everything in the market. Because of this price action, it looked like we were going to have another massively "risk on" type of trading session like we have seen over the last several days. GBP/USD Daily Outlook - Dec. 20, 2012 The GBP/USD pair initially surged during the trading session on Wednesday, exactly as I would've expected. However, we also ran into trouble at the 1.63 handle which I have been talking about as significant resistance for some time now. CAD/CHF Daily Outlook - Dec. 20, 2012 The CAD/CHF pair fell during the majority of the session on Wednesday, as we broke below the 0.92 handle at one point. Because of this action, it looks at first like we were going to continue the run towards the Swiss franc. Cable Rejects 1.6300 - Dec. 20, 2012 The GBP/USD hit a new 6 month high when it touched 1.6306 yesterday, but has not made a new high for 2012 as of yet. The high was set in September at 1.6309 and yesterday's high marks the third time this year we have tested the 1.6300 level of resistance. Successful Trades on Dec 19, 2012 According to the analysis of the GBP/USD and AUD/USD trader profited on a binary options platform. Gold Price Analysis - Dec. 19, 2012 Gold prices fell hard yesterday after media reports that President Barack Obama made a new offer to House of Representatives Speaker John Boehner to avoid a U.S. fiscal cliff of spending cuts and tax rises in January. EUR/USD Daily Outlook - Dec. 19, 2012 The EUR/USD pair had a strong showing on Tuesday as the 1.3150 level now looks to act as support. Although I have been bearish of the Euro recently, and therefore not involved in this pair, I still believe that there could be a serious problem facing Europe soon. GBP/USD Daily Outlook - Dec. 19, 2012 The GBP/USD pair shot straight up during the session on Tuesday to continue the bullishness that we've seen since the middle of November. I would remind you that the pair had initially broken out of an ascending triangle over the summer that had resistance at the 1.58 level as the site of the original breakout. AUD/USD Daily Outlook - Dec. 19, 2012 The AUD/USD pair fell during the session on Tuesday as the pair continued to consolidate between the 1.05 and 1.06 levels. This market is very risk sensitive, and because of this it will be liable to react to headlines crossing the wires. USD/JPY Clears 84.00- Dec. 19, 2012 The USD/JPY has reached higher than the resistance level of 84.00 and is trading at 84.31 with about 2 hours left before the London open. FXI ETF Signal - Dec. 18, 2012 Check out this FXI ETF signal and trade based on an expert view of the market - only at DailyForex.com. Successful Trades on Dec 18, 2012 According to the analysis of the EUR/USD and USD/CAD trader profited on a binary options platform. EUR/USD Signal - December 18, 2012 DailyForex.com expert Fadi Steitie brings us a EUR/USD signal based on Elliott Waves. Check it out now! Kiwi Retreats? December 18, 2012 After establishing a new high for 2012 by 4.2 pips, the NZD/USD printed what is known as an 'Inside Bar' yesterday without making a new high, or breaking last Friday's low either. Gold Price Analysis- Dec. 18, 2012 XAU/USD bounced off of the 1686.40 level and printed a hammer on the daily chart. This level converges with the bottom line of a giant triangle which the pair has been forming since October. EUR/USD Daily Outlook - Dec. 18, 2012 The EUR/USD pair did very little during the session on Monday, but we should note that it has indeed broken out above the 1.3150 level, and this makes sense that we could see a larger move higher. EUR/JPY Daily Outlook - Dec. 18, 2012 The EUR/JPY pair initially gapped as the markets opened for trading in Asia on Monday. Ironically, the highs for the session were put in just a few moments afterwards. USD/CAD Daily Outlook - Dec. 18, 2012 The USD/CAD pair initially tried to rally for the Monday session, but was left wanting as the 0.99 resistance level continues to be a bit too much for the buyers. Looking forward, this pair will be an interesting one follow because it is probably the one that is most likely affected by the so-called "fiscal cliff” talks in the United States. AUD/USD Signal- December 18, 2012 Check out the recommendation for the AUD/USD pair here and make your moves now with this free Forex signal. EUR/CHF Signal- December 18, 2012 The EUR/CHF pair is expected to start trending upwards. Get your free Forex signal for this pair here. XAU/USD Signal- December 18, 2012 Check out this free Forex signal for the XAU/USD pair and learn where it may be headed here. Successful Trades on Dec 17, 2012 According to the analysis of the USD/JPY and EUR/USD trader profited on a binary options platform. Gold Price Analysis- Dec. 17, 2012 XAU/USD tried to break through the previous week’s high (1723) on Wednesday but ran out of steam as investors used this opportunity to take profit. This level has been a significant resistance/support level since October and as a result it became an ideal level to realize profits. EUR/USD Daily Outlook - Dec. 17, 2012 The EUR/USD pair had yet another strong showing on Friday as we managed to close above the 1.3150 resistance level. Granted, we only broken by about 15 pips, but this does suggest that we are going higher in the long run. USD/JPY Daily Outlook - Dec. 17, 2012 The USD/JPY pair as we smash into the 84 handle. If you been paying attention to anything that I find out recently, you know that I think the 84 level is crucial in determining which direction this pair goes over the next several months, if not years. AUD/USD Daily Outlook - Dec. 17, 2012 The AUD/USD pair had a strong showing on Friday as the bullishness in the Australian dollar continues. One of the first things that I noticed when looking at this chart is the fact that the 1.06 level is so well-defined on the longer-term time frames. GBP/JPY Still Has Legs- Dec. 17, 2012 The GBP/JPY is at a resistance zone that may turn the pair, if not only temporarily...but the real zone to watch is another 370 +/- pips from the current price. EUR/USD Q1 2013 Forecast Check out the first quarter for 2013 forecast for one of the most popular Forex trading pairs, the EUR/USD here and see what may be in store for these two currencies. Weekly FX Forecast- Dec. 16, 2012 Check out the Forex forecast for the major pairs for the week of December 16, 2012 analyzed by one of DailyForex.com's expert traders here. EUR/USD Daily Outlook - Dec. 14, 2012 The EUR/USD pair went back and forth during the session on Thursday, only to end up a sickly unchanged. As we get closer towards the top of the recent consolidation area, it is going to be more and more difficult for the buyers to take control. USD/CAD Daily Outlook - Dec. 14, 2012 The USD/CAD pair had another negative session during the Thursday trading hours, but has again seen the 0.98 handle step in and provide support. I currently think this pair is more bearish than bullish, and I believe that the 0.99 giving way as support was a significant move. USD/MXN Daily Outlook - Dec. 14, 2012 The USD/MXN pair is one that many of you probably don't follow, and therefore miss out on an excellent commodity currency to trade. A Mexican peso is highly leveraged to the oil market most of the time, and as a result it takes advantage of the fact that Mexico drills so much crude oil out of the Gulf of Mexico and exports into the United States. Gold Price Analysis- Dec. 14, 2012 The gold market appears to be stable with the bulls and bears gaining and losing ground almost equally during the Asian session. Right now the battle continues to intensify in the 1700-1694 zone. Successful Trades on Dec 13, 2012 According to the analysis of the GBP/JPY and USD/CAD trader profited on a binary options platform. Gold Price Analysis- Dec. 13, 2012 XAU/USD (gold vs. the American dollar) rallied yesterday after the Federal Open Market Committee said the Federal Reserve will buy $45 billion a month of treasury securities starting in January to bolster the economy. Bears Controlling USD/CAD Dec. 13 2012 The USD/CAD has been marching south for the last 4 weeks for the most part. The strength is attributed to both a strong Canadian economy and a weakening US Dollar. EUR/USD Daily Outlook - Dec. 13, 2012 The EUR/USD pair had a productive and profitable day as the Euro gained against the Dollar after the Federal Reserve announced that it was going to expand its monetary policies far into the future. GBP/JPY Daily Outlook - Dec. 13, 2012 The GBP/JPY pair had an outstanding session on Wednesday as the market skyrocketed towards the 135 handle. However, we could not break that level, and as a result we did selloff a little bit towards the end of the day. USD/CAD Daily Outlook - Dec. 13, 2012 The USD/CAD pair fell during the session as the Federal Reserve announced that it was extending quantitative easing out into the future. The bond buyback program was sent to and at the end of this month, and the fact that the Federal Reserve is willing to extend that should continue to keep interest rates rather low. FB Signal - December 12, 2012 Did you know you can trade stocks on a binary options platform like Stockpair? Get this free FB signal now at DailyForex. Successful Trades on Dec 12, 2012 According to the analysis of the AUD/USD and EUR/USD trader profited on a binary options platform. Signal Update – December 12, 2012 If you’ve been following Alp Kocak’s trades from our trading desk in recent weeks, you may be curious how they fared. Get the update here. Gold Price Analysis - Dec. 12, 2012 XAU/USD is consolidating in a relatively small range during the Asian session today. Yesterday XAU/USD found support at the 1705 level as the American dollar remained under the pressure on expectations the Federal Reserve will take further monetary easing steps. GBP/CHF Daily Outlook - Dec. 12, 2012 The GBP/CHF is one of my favorite pairs. This is because it tends to be very volatile, but very technically driven at the same time. Being a technical trader, this obviously appeals to me, and my preferred method of trading. AUD/USD Daily Outlook - Dec. 12, 2012 The AUD/USD pair had an extraordinarily bullish session on Tuesday as the 1.05 level has been overcome by the buyers. The market looks extremely bullish at this point in time, and as a result I firmly believe that we will test the 1.06 handle in the relatively near term. USD/JPY Sights Set On 83.00 The USD/JPY seems to have 83.00 firmly in its crosshairs for the 4th week in a row. In the past 3 weeks, the pair has reached highs within 10 pips of 0.8283 each week, as well as staying above 81.60 to form a range of 140 pips +/- a few. EUR/USD Signal- December 12, 2012 Check out this EUR/USD signal and keep an eye out for this pair, for there may be further trend corrections soon. Successful Trades on Dec 11, 2012 According to the analysis of the GBP/JPY and EUR/USD trader profited on a binary options platform. Gold Price Analysis- Dec. 11, 2012 XAU/USD (gold vs. the greenback) rose three days in a row. The pair printed a bullish candle yesterday on better-than-expected data from China and worries over the U.S. budget battle. EUR/USD Daily Outlook - Dec. 11, 2012 The EUR/USD pair initially fell during the session on Monday, but as you can see it appears that the level just below the 1.29 handle looks to be very supportive at the moment. In fact, over the last couple of weeks we have formed what looks to be a double bottom. USD/CAD Daily Outlook - Dec. 11, 2012 The USD/CAD pair rallied in the beginning part of the Monday session, but found the previous support at the 0.99 level to offer far too much resistance to get above it. GBP/JPY Daily Outlook - Dec. 11, 2012 The GBP/JPY pair is typically a big mover, which is kind of ironic as we have seen very little volatility in this currency pair over the last couple of weeks. This may be because of the massive move higher we saw over the last couple of weeks in November, and the fact that the buyers they simply need to rest. GBP/USD Remains Bullish- Dec. 11, 2012 In a move that surprised many traders yesterday, the GBP/USD remains Bullish in spite of better than expected NFP numbers out of the US on Friday, and lackluster if not downright poor performance numbers across every news event for the Sterling last week including manufacturing production and services PMI. AAPL Signal - Dec. 10, 2012 Apple (AAPL) is once again taking a bite out of itself, as we see another down day with regards to the stock price. Get the full signal here! Gold Price Analysis- Dec. 10, 2012 XAU/USD turned bullish after the bears failed to break the 1685 support. Although gold prices ended the week lower, the recent price action suggests that the bulls will not give up so easy. EUR/USD Daily Outlook - Dec. 10, 2012 The EUR/USD pair fell for the balance of the session on Friday as the nonfarm payroll numbers came out of the United States much stronger than anticipated. AUD/NOK Daily Outlook - Dec. 10, 2012 The AUD/NOK pair had a fairly bullish session on Friday as you see the last couple of sessions have been quite strong for the Australian dollar. Essentially, this pair measures gold versus crude oil, and as such is a very interesting one to watch as it could show potential flow of commodity markets going forward. GBP/USD Daily Outlook - Dec. 10, 2012 The GBP/USD pair fell during most of the session on Friday, but ran into enough support in the 1.60 vicinity to see a bounce by the end of the trading day. This bounce produced a nice-looking hammer, and quite frankly at an area that I would've expected to see it happen. GBP/NZD Breaks Formation The Kiwi is performing quite well compared to the weakness of the Sterling in the past week. As a result the GBP/NZD has broken out of a triangle formation that has held the pair in check since August with continually higher lows and especially, lower highs. Weekly FX Forecast- Dec. 9, 2012 Begin your trading week with the Weekly Forex Forecast and see what the recommendations are for some of the major pairs. Gold Price Analysis- Dec. 7, 2012 XAU/USD halted its decline at the 1685 area after two consecutive days of losses. The pair turned north after European Central Bank President Mario Draghi said the ECB left the its monetary policy unchanged but Governing Council members had a wide discussion on interest rates, leaving the door open for an interest rate cut early in 2013. USD/CAD Daily Outlook - Dec. 7, 2012 With today being nonfarm payroll Friday, we can expect a lot of volatility in the currency markets for a brief time period as the Americans make their announcement. Leading up to this, it will more than likely be very quiet in many of the currency pairs that you watch. EUR/USD Daily Outlook - Dec. 7, 2012 The EUR/ USD pair fell rather precipitously during the trading session on Thursday as the ECB kicked off its press conference. This is mainly because the ECB Chairman Mario Draghi had suggested that there was a growing consensus on the board that rate cuts may be needed in the European Union sooner. GBP/USD Daily Outlook - Dec. 7, 2012 The GBP/USD pair fell during the session on Thursday as the "risk off" trade came back into play in various currency markets. However, we have the nonfarm payroll number coming out today and this will typically move this pair. GBP/USD Signal - December 6, 2012 Check out this GBP/USD signal and find your target and stop loss now - only at DailyForex.com. Successful Trades on Dec 6, 2012 According to the analysis of the GBP/USD and EUR/USD trader profited on a binary options platform. Gold Price Analysis -Dec. 6, 2012 XAU/USD continued to sink yesterday as strength in the American dollar helped sellers. Demand for the greenback increased after data on U.S. services, factory orders beat estimates and President Obama said “a fiscal deal is achievable in about a week if republicans acknowledge the need to raise taxes on the wealthy”. EUR/USD Daily Outlook - Dec. 6, 2012 The EUR/USD pair tried to rally during the Wednesday session, but we found too much resistance above the 1.31 handle for the second time in three months. The 1.3150 level looks to be overly resistive, and as such it is the top of the larger consolidation zone. GBP/USD Daily Outlook - Dec. 6, 2012 The GBP/USD pair initially rose during the session on Wednesday as we broke above the 1.61 handle for the second day in a row. However, just like the previous session we solve the market failed to hang onto gains above that level. AUD/USD Daily Outlook - Dec. 6, 2012 The AUD/USD continues to fall every time we reach the 1.0475 level, as shown during the Wednesday trading session. Because of this, it was no surprise that we got a pullback during the Wednesday session, and as a result I think we are simply tightening up this marketplace and waiting for some type of news. Possible USD/JPY Bullish Continuation The USD/JPY continues to weaken after a short lived 2 days of being bearish, the pair created a Bullish engulfing candle on yesterdays daily chart that could indicate a pending break of resistance at 0.8290 will be attempted soon. Successful Trades on Dec 5, 2012 According to the analysis of the GBP/USD and EUR/USD trader profited on a binary options platform. USD/CHF Signal - December 5, 2012 Find your target and stop loss for USD/CHF with a signal based upon Ichimoku Kinko Hyo, only at DailyForex.com. EUR/USD Signal - December 5, 2012 Fadi Steitie brings us a EUR/USD signal based on Elliott Waves - check it out now. Gold Price Analysis- Dec. 5, 2012 XAU/USD has seen quite a selloff recently as the market conditions (fundamentally and technically) have been working against gold. Unresolved negotiations in the U.S. and fiscal problems in the eurozone have been causing volatility in the markets. EUR/USD Daily Outlook - Dec. 5, 2012 The EUR/USD pair rose for the session on Tuesday, as we continue to chug along for the 1.3150 level. The area is the top of a larger consolidation area, and as such I think there could be some resistance coming up, and the first sign of resistance will more than likely send the pair looking for a pullback. NZD/USD Daily Outlook - Dec. 5, 2012 The NZD/USD pair rose during the Tuesday session, as the New Zealand dollar continues to be a favor way to express a "risk on" attitude for currency traders around the world. However, we did see a bit of a fight at the 0.8250 level, an area that has given this market quite a bit of trouble over the last two weeks. GBP/USD Daily Outlook - Dec. 5, 2012 The GBP/USD rose during the session on Tuesday, but failed to close above the 1.61 level in a sign of strong resistance. The resulting candle is a shooting star, and as a result this looks like weakness showing up in the pair. Bears Taking Back GBP/CHF? The Bulls pushed the GBP/CHF as high as 1.4981 yesterday in the first few hours of the London Session before the pair reversed and fell 76.4% of the daily range, to close at 1.4917 and forming a pseudo hammer or pin bar candle on the Daily Chart. Successful Trades on Dec 4, 2012 According to the analysis of the USD/JPY and GBP/USD trader profited on a binary options platform. Gold Price Analysis- Dec. 4, 2012 Although XAU/USD tried to climb yesterday, the pair run out of gas and fell back to Friday’s settlement price during the Asian session today. Weak growth in the United States and Europe damped demand for gold. EUR/CHF Signal Update - Dec. 4, 2012 Catch up on where the EUR/CHF went last week and where it is headed with this signal update from DailyForex.com GBP/USD Daily Outlook - Dec. 4, 2012 The GBP/USD pair exploded to the upside during the Monday session as the manufacturer PMI levels came out higher than expected. This gave a boost for the British currency, and as a result we saw the 1.60 level succumb to the buying pressure. USD/JPY Daily Outlook - Dec. 4, 2012 The USD/JPY pair fell during the Monday session as we continue to struggle with the 82.50 resistance level. However, over the long term I do believe that this pair will continue to go higher, and I also think that the Wednesday hammer from last week shows that there is significant support at the 82 handle overall. AUD/USD Daily Outlook - Dec. 4, 2012 The AUD/USD pair fell during most of the session on Monday as the jitters involving the fiscal talks in the United States continue to put a bit of a weight around bullish attitude in the market. Kiwi Consolidation Continues The Kiwi got a little boost out of the Australian RBA announcement during Asian trading which saw the RBA reduce the Overnight Cash Rate to 3.00 from 3.25. EWJ Signal - December 3, 2012 Today’s ETF trade of the day is in EWJ, a Japanese index fund. The fund seeks results that correspond generally to the price and performance of securities in the Japanese market, primarily on the Tokyo Stock Exchange. EUR/GBP Signal - December 3, 2012 Get this signal based on MACD divergence and find your entry to EUR/GBP at DailyForex.com. Successful Trades on Dec 3, 2012 According to the analysis of the USD/JPY and EUR/USD trader profited on a binary options platform. Gold Price Analysis - Dec. 3, 2012 XAU/USD fell for the week but managed to close just above the Kijun Sen line (1713.38) at 1713.55. Prices drop after Moody's Investors Service has downgraded European Financial Stability Facility and European Stability Mechanism from Aaa to Aa1. USD/JPY Daily Outlook - Dec. 3, 2012 The USD/JPY pair continues to be one of my favorite trades at the moment as I see such a lopsided opportunity. The Bank of Japan looks set to continue printing Yen into the foreseeable future, and this will be especially true if the opposition leader Mr. Abe wins the general election, which is something that he is expected to do. AUD/SGD Daily Outlook - Dec. 3, 2012 The AUD/SGD pair is a good way to read where the money flows are going in Asia. After all, the Singapore dollar is somewhat a proxy for the Chinese yuan. This being said, you can somewhat gauge how much money is flowing from Asia into Australia to buy commodities. Swissy Shears Support Dec. 3, 2012 The USD/CHF, aka Swissy is at a key area of support just as the EUR/USD is at a key level of resistance. The pair is sitting on a zone at roughly 0.9250 as the Asian session winds down, having come within only a few pips of last week's lows already, there appears to be a solid chance that the currency pair might shear this support level and head lower. Weekly FX Forecast- Dec. 2, 2012 Start the new month with a few trading ideas on some of the major pairs. See what may be in store for this week. CAD/JPY Signal- November 30, 2012 Follow up on the CAD/JPY pair with this Forex signal. Get the recommendation before the markets close for the weekend. Gold Price Analysis- Nov. 30, 2012 XAU/USD recovered some of Wednesday’s losses after John Boehner, the speaker of the U.S. House of Representatives, said “Despite the claims that the president supports a balanced approach, the Democrats have yet to get serious about real spending cuts. EUR/USD Daily Outlook - Nov. 30, 2012 The EUR/USD pair initially gained during the session on Thursday, but as you can see on the chart once we met the 1.3050 level the sellers came in and took over again. CAD/JPY Daily Outlook - Nov. 30, 2012 The CAD/JPY pair had a fairly quiet session on Thursday as lows the Yen-related pairs sat still. While the world assumes that the opposition will win the elections in Japan, it is also assumed that the public statements that have been made will carry over into the Bank of Japan. GBP/USD Daily Outlook - Nov. 30, 2012 The GBP/USD pair rose during the Thursday session after forming a nice-looking hammer for Wednesday. The hammer sits above the 1.60 handle, so I do find it a very interesting candle from which to base my analysis off of. Successful Trades on Nov 29, 2012 According to the analysis of the USD/JPY and EUR/USD trader profited on a binary options platform. EUR/USD Signal- Nov. 29, 2012 Check out the recommendation for the EUR/USD pair with this Forex signal from Fadi. Make your moves now. Gold Price Analysis - Nov. 29, 2012 Gloomy situation in Europe and optimism that the Democrats and Republicans can reach an agreement on the U.S. budget boosted the greenbacks safe-haven appeal. EUR/USD Daily Outlook - Nov. 29, 2012 The EUR/USD pair fell during most of the session on Wednesday, and even tripped a sell signal by breaking the bottom of the outside red candle from Tuesday. However, at the first sign of support the market turned back around showing just how resilient it truly is. USD/JPY Daily Outlook - Nov. 29, 2012 The USD/JPY pair is currently one of my favorite trades. I'm already long of this market, and am looking for reasons to become even more so. During the Wednesday session, I may have gotten that signal. AUD/NOK Daily Outlook - Nov. 29, 2012 The AUD/NOK pair is a pretty exotic one. On one hand, they're both commodity currencies in this can cause a bit of a "grinder overall. You essentially have to think of it as gold versus oil when looking at price moves. GBP/JPY Pushing Higher? Nov. 29, 2012 The GBP/JPY like the rest of the JPY offerings this week has been relatively flat, forming what might be considered a Bullish Pennant formation on the Daily chart and just aching for a breakout. Successful Trades on Nov 28, 2012 According to the analysis of the EUR/JPY and EUR/USD trader profited on a binary options platform. CAD/JPY Signal- November 28, 2012 Check out the recommendation for the CAD/JPY pair with this free Forex signal. Gold Price Analysis- Nov. 28, 2012 XAU/USD continues to grind lower during the Asian session today. Yesterday the markets turned their attention back to the U.S. data after Eurozone finance ministers and the International Monetary Fund (IMF) reached a deal and paved the way for Greece to receive €44 billion. EUR/USD Daily Outlook - Nov. 28, 2012 The EUR/USD pair fell during the session on Tuesday, engulfing the previous session that had formed a hammer. In other words, significant support had been broken down, and I do believe that this pair is going to roll over at this point. CAD/CHF Daily Outlook - Nov. 28, 2012 The CAD/CHF is a pair that many of you will have rarely paid attention to. However, in a "risk on, risk off" type of environment like we find ourselves then, this pair makes a lot of sense to trade. EUR/JPY Daily Outlook - Nov. 28, 2012 The EUR/JPY pair fell during the session on Tuesday, after initially gaining quite a bit. The resulting candle formed a shooting star, and this of course is a very bearish sign. This suggests that the Japanese yen will continue to strengthen, and as such I think we will enter a "risk off" type of environment. USD/CAD Respects Bullish Channel The Loonie (USD/CAD) appears to be respecting a bullish channel that has formed since the pair hit an almost 2 year low on September 14 of this year at 0.9632. CAD/CHF Signal- November 28, 2012 Follow up on the CAD/CHF pair with this Forex signal using the Elliot Waves method. Learn the recommendation here. Successful Trades on Nov 27, 2012 According to the analysis of the AUD/USD and EUR/USD trader profited on a binary options platform. USD/CHF Signal - November 27, 2012 USD/CHF hit an expanded triangle below the resistance level. Get the full view on this pair here. EUR/USD Signal- November 27, 2012 Check out this EUR/USD Signal as a potential trade today brought to you by Fadi at Dailyforex.com. CAD/CHF Signal- November 27, 2012 Keep the CAD/CHF pair in your watch list today with this Forex signal trade opportunity and stay tuned for where this pair is headed. EUR/USD Daily Outlook - Nov. 27, 2012 The EUR/USD pair had a relatively quiet session on Monday, as traders came back to more liquid markets after the US Thanksgiving holiday the previous week. The market fell somewhat, but found enough support at the 1.2950 level that it now looks like the Euro is very comfortable 1.30 on the whole. Gold Price Analysis - Nov. 27, 2012 XAU/USD (gold vs. the American dollar) looks like it is getting tight again, and as such it will be difficult to trade in the near term. USD/CAD Daily Outlook - Nov. 27, 2012 The USD/CAD pair initially rose during the session on Monday as traders came back from the extended weekend. However, we failed to hang onto gains over the course of the session, and as such formed a shooting star. AUD/USD Daily Outlook - Nov. 27, 2012 The AUD/USD pair initially fell on Monday, but did bounce in order to form a hammer at the top of a very significant move from Friday. Look in this pair, it is becoming very obvious that there is quite a bit of bullish pressure underneath, and as such I am much more comfortable buying now than I would have been just a few short days ago. Silver Slithers Higher- Nov. 27, 2012 Like its yellow cousin Gold(XAU/USD), Silver(XAG/USD) has been edging higher for the last 3 weeks after falling from a 10 month high in September of 35.38 to a 3 month low of 30.62 earlier this month. FXE Signal - November 26, 2012 FXE is an exchange traded fund that mimics the price of the Euro. Get the full signal at DailyForex.com. Successful Trades on Nov 26, 2012 According to the analysis of the USD/CAD and EUR/USD trader profited on a binary options platform. EUR/USD Daily Outlook - Nov. 26, 2012 The EUR/USD pair continued to show strength as the Friday session solid rise above the 1.29 level significantly. We are now approaching the 1.30 level, and we've already proven that the 1.3150 level is the true resistance area that buyers will have to be aware of. USD/CAD Daily Outlook - Nov. 26, 2012 The USD/CAD pair fell during the session on Friday as the consolidation continues between the parity and 0.99 handles. This market looks relatively benign at the moment, and I do see quite a bit of support just below the 0.99 market that would make me think the sellers will have quite a bit of trouble getting below. GBP/JPY Daily Outlook - Nov. 26, 2012 The GBP/JPY pair showed serious strength on Friday as the market almost overcame the shooting star from Thursday. This is a sign that the buyers are still in control, and I do believe that the 130 level will continue to be supportive. Gold Price Analysis - Nov. 26, 2012 XAU/USD rallied last week on expectations eurozone chiefs will finally reach an agreement on Greek aid. Stronger-than-expected business climate data from Germany was another supporting element for gold prices. EUR/USD Tests 1.300 Again The EUR/USD moved higher last week from 1.2736 to 1.2989, just shy of the Weekly 62 EMA at 1.3005 and a descending trend line at the same level dating back to May of 2011 with a high then of 1.4940. Weekly FX Forecast- Nov. 25, 2012 As the end of the month approaches, see what the recommendations are for some of the major pairs this week and plan your trading accordingly. Gold Continuing to Pressure JPY Gold continues to pressure the resistance area just above ¥14,000 as the Bank of Japan looks very likely to continue working against the value of its currency. With this being said, while gold should go up against most currencies, the best rate may actually be against the Yen as the currency is being devalued. Gold Price Analysis - Nov. 23, 2012 XAU/USD (gold vs. the greenback) closed higher than opening after PMI data from the China and Europe came out better than forecasts. However, the pair remained in range between 1732.40 and 1727.95 as the U.S. markets were closed for the Thanksgiving holiday. EUR/USD Daily Outlook - Nov. 23, 2012 The EUR/USD pair rose slightly during the session on Thursday as the Americans were away on holiday. More importantly though, it found the 1.28 level supportive for the second session a row, and I believe now we are reentering the previous consolidation area that runs all the way up to the 1.3150 level. GBP/JPY Daily Outlook - Nov. 23, 2012 The GBP/JPY pair fell slightly during the Thursday session as the pair finally ran out of steam. This pair has shot straight up from the 1.2 5.50 region to present levels and slightly higher in a very short amount of time. AUD/USD Daily Outlook - Nov. 23, 2012 The AUD/USD pair had a fairly quiet session during the Thursday trading hours as the Americans celebrated Thanksgiving. Because of this, the liquidity would have been light during the North American trading session, and as a result we may have had a little bit of a misleading calmness in the marketplace. Gold Price Analysis - Nov. 22, 2012 Gold prices settled higher yesterday after IMF’s monthly statistics report showed central banks continue to purchase gold as a way of strengthening and diversifying their assets. Without a doubt, the general level of uncertainty in the global economy is contributing to higher gold prices. GBP/USD Daily Outlook - Nov. 22, 2012 The GBP/USD pair continued to bounce on Wednesday from the recent lows just above the 1.58 handle. Adding more credence to the support level is the fact that the 200 day simple moving average is just below, and the Wednesday candle formed a hammer. EUR/USD Daily Outlook - Nov. 22, 2012 The EUR/USD pair fell during most of the session on Wednesday, but did get a supportive bounce at the end in order to form a nice-looking hammer. This hammer was predicated upon a bounce from the 200 simple moving average on the daily chart, as well as the 1.27 to 1.28 support and resistance zone. NZD/USD Daily Outlook - Nov. 22, 2012 The NZD/USD pair fell during the session on Wednesday, but got a bit of a bounce from the 0.81 handle. You have to keep in mind that this pair is extremely risk sensitive, and as a result headlines can often have an inordinate effect on it. Successful Trades on Nov 21, 2012 According to the analysis of the GBP/USD and EUR/USD trader profited on a binary options platform. Gold Sinks After Europe Fails to Agree XAU/USD closed lower than opening after a Hamas official said that both sides had agreed to a ceasefire, easing fears of a wider conflict stemming from Israel and Gaza. The American dollar was also supported by better-than-expected U.S. housing data. EUR/USD Daily Outlook - Nov. 21, 2012 The EUR/USD pair has recently picked up a little bit on the bullish side as the 1.27 level offered enough support to keep the sellers a day. With this being said, it looks like we are attempting to break above the 1.28 handle with some significance, and as such, I believe that a reentry into the former consolidation zone could be about to happen. GBP/USD Daily Outlook - Nov. 21, 2012 The GBP/USD pair had a strong session during the Tuesday trading hours as we managed to break above the shooting star highs from Monday. This is a very bullish sign, and as such I believe that the British pound is about to start gaining against the US dollar again. GBP/JPY Daily Outlook - Nov. 21, 2012 The GBP/JPY pair rose during the session on Tuesday as we smash through the 130 handle. This is one of the favorite pairs for so-called "carry traders" to be involved with as the swap is fairly strong, and the movement in this pair tends to be rather exaggerated. FXE Signal - November 20, 2012 FXE is an exchange traded fund that mimics the price of the Euro. Get this signal from an expert trader now! Successful Trades on Nov 20, 2012 According to the analysis of the EUR/JPY and EUR/USD trader profited on a binary options platform. AUD/CAD Signal- November 20, 2012 Check out this AUD/CAD signal from the DailyForex.com trading room and find your profitable position now. USD/SGD Signal - Nov. 20, 2012 See which direction the USD/SGD pair is trending with this free Forex signal from DailyForex.com EUR/CHF Signal- Nov. 20, 2012 Here is another trading signal, this time for the EUR/CHF pair. See where the EUR/CHF is headed here. EUR/USD Signal- Nov. 20, 2012 Check out this Forex signal using the Ichimoku technical analysis method. What is the recommendation for this pair? Find out here. XAU/USD At Critical Resistance Gold prices climbed higher as the conflict in the Middle East continued to intensify, which increased demand for safety. EUR/USD Daily Outlook - Nov. 20, 2012 The EUR/USD pair had a slightly positive tone to it on Monday, but failed to “stick the landing” as it were, as the 1.28 level keeps up the resistance. The fact that so many of the world’s stock markets exploded to the upside while this pair didn’t really launch is a bit concerning if you happen to be a buyer or bull in general. USD/CAD Daily Outlook - Nov. 20, 2012 The USD/CAD pair has been one that has been in my sights for a while. After all, we got the breakout above 0.99 which should have shown that the markets wanted to get bullish overall. EUR/JPY Daily Outlook - Nov. 20, 2012 The EUR/JPY pair is very risk sensitive. The pair will literally rise and fall with risk sentiment, and as long as the market continues to suffer from headline risks, this pair will remain vulnerable. Successful Trade on Nov 19, 2012 According to the analysis of the EUR/USD trader profited on a binary options platform. EUR/USD Daily Outlook - Nov. 19, 2012 The EUR/USD pair is one that has caused a fair amount of irritation for a lot of my trading friends. This is a pair that features one economy that is officially in recession, and another one that is trying to throw itself into one. EUR/AUD Daily Outlook - Nov. 19, 2012 The EUR/AUD pair isn’t one that most of you trade, and this is unfortunate. After all, a solid trend isn’t something that we see in the FX markets all the time these days. This pair has a habit of trending, and is much less difficult to trade than a pair like the EUR/USD, one that far too many of you focus on. GBP/CHF Daily Outlook - Nov. 19, 2012 The GBP/CHF pair had a strong session on Friday as the hammer that formed on Thursday triggered a buying spree. The 200 day exponential moving average also found itself parked firmly below that price action, and as such we saw strength come back into this market that was so strong previously. XAU/USD Bullish Continuation? During lower volume Asian trading today gold (XAU/USD) turned bullish and is currently trading at 1723. Weekly FX Forecast- Nov. 18, 2012 Begin your trading week with the Weekly Forex Forecast that brings you up to date information on the major pairs and to aid your trading moves in the right direction. USD/JPY Signal- Nov. 16, 2012 Before you stop trading for the weekend, check out this Forex signal from Fadi on the USD/JPY pair. Gold Falls on Global Demand Concerns XAU/USD fell sharply after the latest Gold Demand Trends report published by the World Gold Council Thursday revealed that Global gold demand declined 11.0% in the third quarter. EUR/USD Daily Outlook - Nov. 16, 2012 The EUR/USD pair had a strong session on Thursday as the Euro came back into favor. The bounce from the supportive range near 1.27 was strong enough to force the price back up to 1.28 during the session. AUD/USD Daily Outlook - Nov. 16, 2012 The AUD/USD pair had a fairly negative session during the Thursday trading hours as the "risk off" attitude came back into play. Markets were necessarily sold off as brutally as they were on Wednesday, but we still see continued weakness in risk assets around the world. USD/JPY Daily Outlook - Nov. 16, 2012 The USD/JPY pair shot straight up again during the Thursday session as fears of Bank of Japan intervention and asset purchases will continue to weaken the Yen. Successful Trades on Nov 15, 2012 According to the analysis of the USD/CAD and EUR/JPY trader profited on a binary options platform. XAU/USD Range Tightens- Nov. 15, 2012 XAU/USD (gold) has been range bound since Friday. After yesterday’s choppy session, the pair looks like it is trying to wind up for a move as the range keeps getting tighter. EUR/USD Daily Outlook - Nov. 15, 2012 The EUR/USD pair initially rose during the session on Wednesday, but met the 100 day exponential moving average and the 1.28 resistance level and failed. Get full analysis here. EUR/JPY Daily Outlook - Nov. 15, 2012 The EUR/JPY got a nice jolt higher during the session on Wednesday as the Bank of Japan has now made it clear that they continue to pursue a weak Yen policy. Not only that, but they also have announced that their inflation target is no longer 1%, but is now 3%. USD/CAD Daily Outlook - Nov. 15, 2012 The USD/CAD pair state above the parity level during the Wednesday session even though we saw a spike in the price of oil during the session. This is unusual, as the Canadian dollar normally benefits from higher oil prices. EUR/JPY Continues Higher- Nov. 15, 2012 The EUR/JPY, along with all of the JPY crosses is climbing shortly after traders in Tokyo return from lunch. At time of writing, around 1:15PM in Japan, the EUR/JPY has begun another wave upwards, smashing yesterday's high by at least +30 pips and appears to have the full cooperation of the Bulls to help push the pair even higher. Successful Trades on Nov 14, 2012 According to the analysis of the USD/JPY and EUR/USD trader profited on a binary options platform. XAU/USD Consolidates- Nov. 14, 2012 Gold vs. the U.S. dollar or XAU/USD has been bullish since the U.S. presidential election resulted in favor of Barack Obama. Gold investors have been focusing on the fact that the Federal Reserve will continue to print money as long as it takes and this will devaluate the American dollar. EUR/USD Daily Outlook - Nov. 14, 2012 The EUR/USD pair fell during the session on Tuesday, and even managed to break below the 1.27 handle. Because of this, it does look like we are certain see significant weakness in this market. CAD/JPY Daily Outlook - Nov. 14, 2012 The CAD/JPY pair fell during the session on Tuesday in order to retest the 79 handle for support. This level was marked by a hammer on Friday, as well as many other times where the market has fallen yet found significant support. USD/JPY Daily Outlook - Nov. 14, 2012 The USD/JPY pair continues to do very little during the session on Tuesday, as the 79 handle offers significant support. This market has been manipulated for some time now, but this doesn't mean that we can't as small time retail traders take advantage of what the larger forces in the markets are doing. GBP/JPY Channel Holds- Nov. 14, 2012 The GBP/JPY began trading in a channel on June 1 of this year where it established a higher low than the previously established yearly low set back in January of this year. Successful Trades on Nov 13, 2012 According to the analysis of the AUD/USD and EUR/USD trader profited on a binary options platform. XAU/USD Bullish Above 1739 Last week Gold (XAU/USD) printed a perfect bullish engulfing candle that opened on the Weekly support level at roughly 1680 and climbed almost 700 pips before closing for the week. EUR/USD Daily Outlook - Nov. 13, 2012 The EUR/USD pair fell during the session on Monday in an otherwise quiet environment. However, I can see that we are sitting on the 1.27 level, an area that has caught my attention. Because of this, I am looking to short this pair if we get below 1.27 on a four hour candle. AUD/USD Daily Outlook - Nov. 13, 2012 The AUD/USD pair had a bullish session on Monday as the 1.04 handle was overcome again. Unlike the last several sessions, we not only close above 1.04, but we also managed close towards the top of the daily range. USD/JPY Daily Outlook - Nov. 13, 2012 The USD/JPY pair formed a hammer during the Friday session, and that is where investors and traders found themselves when we open on Monday. At the end of the Monday session, we saw a slightly positive candle, but nothing really to write home about. Successful Trades on Nov 12, 2012 According to the analysis of the EUR/USD and USD/JPY trader profited on a binary options platform. EUR/USD Daily Outlook - Nov. 12, 2012 The EUR/USD pair had another negative session on Friday as the risk appetite around the world continues to fall. Now that we've broken below the 1.28 level, I am more bearish of this pair than ever. GBP/USD Daily Outlook - Nov. 12, 2012 The GBP/USD fell rapidly during the Friday session after trying to break through the 1.60 level. With that being said, it appears that the former support area is starting give way, and we have made a lower low by the end of the session which suggests much lower prices coming. USD/JPY Daily Outlook - Nov. 12, 2012 The USD/JPY pair fell for the session on Friday as the “risk off” trade came into play. The markets aren’t free though, and as a result this is a market that needs to be played by very specific rules. GBP/USD Breaks 1.5900- Nov. 12, 2012 The GBP/USD, also known as the Sterling or Cable, finally broke a technical and psychological support level of 1.5900 on Friday. 1.5900 is seen by some as a key level for the pair but doesn't mean the bears have won the war just yet, only just on battle. NZD/JPY Signal- Nov. 12, 2012 Check out today's recommendation for the NZD/JPY pair with this Forex signal using the Ichimoku Technical Analysis method. Good Luck. USD Index Signal - Nov. 11, 2012 Want to know where the USD is headed this week? Check out this free Forex signal from a DailyForex.com expert. Weekly FX Forecast- Nov. 11, 2012 Some of the major pairs had a rough week. See what may be in store for them ahead and plan your moves before the trading week begins. AUD/JPY Signal- November 9, 2012 Before you sign off for the weekend check out this free Forex signal for the AUD/JPY pair. EUR/USD Daily Outlook - Nov. 9, 2012 The EUR/USD pair fell again on Thursday as the Euro continues to suffer at the hands of a weak economy, and a massive debt problem. The area was rocked by the announcement by ECB Chairman Draghi that it looks as if Germany is heading towards a recession. GBP/USD Daily Outlook - Nov. 9, 2012 The GBP/USD pair fell during most of the session on Thursday in order to break through the bottom of the shooting star for the Wednesday session. The 100 day exponential moving average is sitting just below, and it looks as if the pair is struggling with direction at the moment. USD/JPY Daily Outlook - Nov. 9, 2012 The USD/JPY pair fell for the entirety of the session with only a slight bounce off of the 79.25 level. Currently, this pair is being held up by the Bank of Japan as most of you know, and will only suffer minor setbacks. Successful Trades on Nov 8, 2012 According to the analysis of the GBP/USD and EUR/USD trader profited on a binary options platform. The Passing of Greek Austerity The latest measures seek to claw back €13.5 billion through a mixture of spending cuts and tax increases. Find out what this means for the FX markets here. GBP/USD Signal - Nov. 8, 2012 Check out this GBP/USD FX signal based on Ichimoku principles and find your target and stop loss now. EUR/USD Daily Outlook - Nov. 8, 2012 EUR/USD fell during the session on Wednesday after initially rising above the 1.28 handle. Your insights to EUR/USD are here. GBP/USD Daily Outlook - Nov. 8, 2012 The GBP/USD pair initially rose above the 1.60 level in a sign of bullishness during the Wednesday session. Learn more at DailyForex.com. NZD/USD Daily Outlook - Nov. 8, 2012 The NZD/USD pair fell during the session on Wednesday, and even managed to crack below the 0.82 level. See what this means here. AUD/USD Hits TL and Reverses The descending line was hit yesterday with the Daily High at 1.04796 and then fell to close lower than the open, forming a daily pin bar. Resistance is heavy to the upside- get the full analysis here. UUP Signal (Dollar Bullish Fund) Nov. 7, 2012 See how one professional investor is playing on Obama's win to profit in the market with the UUP fund. Successful Trades on Nov 7, 2012 According to the analysis of the USD/CAD and EUR/USD trader profited on a binary options platform. EUR/USD Daily Outlook - Nov. 7, 2012 The EUR/USD pair fell during the session on Tuesday, but bounced in order to show signs of support at the 1.28 handle by the end of the session. EUR/JPY Daily Outlook - Nov. 7, 2012 The EUR/JPY pair continued to grind away at the 103 level during the session on Tuesday in order to try and continue upward momentum. USD/CAD Daily Outlook - Nov. 7, 2012 The USD/CAD pair has been stuck between the 0.99 and parity levels recently, as this pair continues to consolidate. Get the full analysis here. Markets Stall Prior to Election Results The markets have been in a holding pattern for the past 12 hours and heading into the Asian session most of the pairs are trading flat or sideways. What can we expect moving forward? Why the CHF is Stuck at 1.20 EUR The flight to safety caused massive demand for CHF and artificially increased its value. See why the currency is stuck at DailyForex.com. Successful Trades on Nov 6, 2012 According to the analysis of the GBP/USD profited on a binary options platform. USD/JPY Daily Outlook - Nov. 6, 2012 The USD/JPY pair is without a doubt the most important pair in my opinion for the session today. This is because the US Presidential elections will be held, and this pair is without a doubt one of the most sensitive to the potential outcome. USD/CAD Daily Outlook - Nov. 6, 2012 The USD/CAD pair had a relatively back and forth session with a slight gain on Monday. As you can see by the chart, we hovered just below the 200 day exponential moving average, and are above the 0.99 support level. GBP/USD Daily Outlook - Nov. 6, 2012 The GBP/USD pair fell during the session on Monday as we peeked back down below the 1.60 level. Looking at this pair, you can see that has been quite a fight lately and it does seem to be centered on some type of support zone at the 1.60 level. GBP/AUD Breaks Support- Nov. 6, 2012 The GBP/AUD has broken a key support level only minutes after the RBA announced that the Cash Rate would remain unchanged at 3.25% instead of lowering it to 3.00% as expected. FXC Signal (USD/CAD Fund) - November 5 Check out our expert Andrew Keene's signal for the FXC fund and find your profits at DailyForex.com. Successful Trades on Nov 5, 2012 According to the analysis of the EUR/USD and GBP/USD trader profited on a binary options platform. EUR/USD Daily Outlook - Nov. 5, 2012 The EUR/USD pair fell precipitously during the Friday session after the nonfarm payroll numbers out of the United States came in much stronger than expected. GBP/USD Daily Outlook - Nov. 5, 2012 The GBP/USD pair had a very weak session during the Friday trading hours, as would have been suggested by the shooting star that we had formed on Thursday. USD/CAD Daily Outlook - Nov. 5, 2012 The USD/CAD had an odd day on Friday. There was both a US jobs number, and a Canadian one. The US jobs number came out much stronger than expected, while the Canadian one came out weaker than expected. EUR/AUD Turning Over? Nov. 5, 2012 The EUR/AUD finished last week with a Pin Bar Reversal pattern that printed on a weekly Support Zone at 1.2900. The zone has held off the advance of both the Bears and the Bulls in the past 3 months with the Bulls taking about 8 trading days to crack the level and trade higher back in September. Weekly FX Forecast- Nov. 4, 2012 With the upcoming US elections this week, some major pairs may be affected. Get the weekly Forex forecast for these pairs and plan your week accordingly. EUR/USD Daily Outlook - Nov. 2, 2012 The EUR/USD pair fell during the session again on Thursday as the weakness in the Euro continues. It has become obvious that the 1.30 is the beginning of serious resistance, and in my opinion runs all the way to the 1.35 level. NZD/USD Daily Outlook - Nov. 2, 2012 The NZD/USD pair shot straight up during the Thursday session as the "risk on" attitude came back into the global marketplace. We managed to break above the 0.8225 level, which we had as a minor resistance, and now looks set to try and reach the top of the overall consolidation at the 0.8350 level. GBP/USD Daily Outlook - Nov. 2, 2012 The GBP/USD pair initially rose during the session on Thursday, as we accelerated the uptrend to reach above the 1.6150 level. However, by the end of the session we saw a significant pullback and a loss of the gains in a very short order. Successful Trades on Nov 1, 2012 According to the analysis of the USD/CAD and AUD/USD trader profited on a binary options platform. EUR/USD Daily Outlook - Nov. 1, 2012 The EUR/USD pair rose during the session on Wednesday in order to break above the 1.30 level again. But there's more to know before you trade... USD/CAD Daily Outlook - Nov. 1, 2012 We saw quite a significant bounce in the pair from the 0.9950 level, which is where the 200 day exponential moving average currently resides. See more here. AUD/USD Daily Outlook - Nov. 1, 2012 The AUD/USD pair rallied during most of the session on Wednesday, but found quite a bit of resistance at the 1.04 level. Get the full picture here. EUR/CAD Double Tops - Nov. 1, 2012 The EUR/CAD has printed a double top on the Daily Chart at a key resistance level of 1.3000. DailyForex.com has the full analysis. FXA Signal - October 31, 2012 Check out this signal for the FXA fund to see if you can find a position in the market. Only at DailyForex.com EUR/USD Daily Outlook - Oct. 31, 2012 The EUR/USD pair continued to gain during the Tuesday session, even as the Americans weren't necessarily providing much liquidity. The fact is that this pair continues to climb this minor trend line, and as such we are approaching the 1.30 level yet again. USD/CAD Daily Outlook - Oct. 31, 2012 The USD/CAD pair fell during the session on Tuesday as the parity level came back into play. However, it should be suggested that the 0.99 level is actually the beginning of the resistance area, and we have essentially punched through during the Tuesday session. USD/SGD Daily Outlook - Oct. 31, 2012 The USD/SGD pair fell during the Tuesday trading session as the downtrend continued. While many of you probably don't trade the Singapore dollar, you should be aware the fact that Singapore is a major financial hub of Asia, and therefore represents investment in the region. By extension, the Singapore dollar does as well. EUR/JPY Channel Holds- Oct. 31, 2012 While tropical storm Sandy continues to blast the eastern seaboard in the USA and has shut down the markets for at least one more day the Asian and European markets march on. Get the analysis for EUR/JPY here. Successful Trades on Oct 30, 2012 According to the analysis of the EUR/USD and USD/CAD trader profited on a binary options platform. USD/CAD Signal - October 30, 2012 Check out today's USD/CAD signal based on MACD divergence charts. Only at DailyForex.com. EUR/USD Daily Outlook - Oct. 30, 2012 The EUR/USD pair has been a great place to lose money lately. The choppiness is been shown in this marketplace is essentially the resolve of a lot of confusion on both sides of the Atlantic. USD/CAD Daily Outlook - Oct. 30, 2012 The USD/CAD pair rose during the session on Monday as the parity level finally gave way. This represents a significant change in momentum as we have been grinding higher lately, but stalled just below that all-important level. EUR/GBP Daily Outlook - Oct. 30, 2012 The EUR/GBP rose during the session on Monday after printing a pretty impressive hammer on Friday. This hammer caught my attention originally because it formed right on the 0.8000 level, which of course is a massive and large round number. Loonie Revisits Parity- Oct. 30, 2012 The USD/CAD, known as the Loonie to us Canucks is back at parity with its southern cousin the American Greenback. Price crossed the 1.00 threshold yesterday and has been trading slightly higher during Asian trading today. Successful Trades on Oct 29, 2012 According to the analysis of the USD/JPY and EUR/USD trader profited on a binary options platform. EUR/USD Signal- October 29, 2012 The Euro is continuing to have its ups and downs, and the following signal will explain just that. Make your moves based on the Elliot Waves and Fibonacci methods. EUR/AUD Signal- October 29, 2012 Check out the recommendation for the EUR/AUD pair and make your moves before time runs out! Good luck. EUR/CAD Signal- October, 29, 2012 Start your trading week with a Forex signal on the EUR/CAD pair. Where is this pair headed and what is the recommendation? Fadi has all the answers here. EUR/USD Daily Outlook - Oct. 29, 2012 The EUR/USD pair fell on Friday as the markets were basically in a “risk off” mode. The Euro continues to represent a region that has a plethora of problems, and as a result there is always a bit of a “dark cloud” hanging over the currency. USD/JPY Daily Outlook - Oct. 29, 2012 The USD/JPY pair fell precipitously on Friday in order to confirm the 80 handle as massive resistance. The area has been a cap on the price of this currency pair for some time now, and as a result we have seen the sellers come in and step up the pressure every time the buyers have had a chance to break out. USD/SGD Daily Outlook - Oct. 29, 2012 The USD/SGD pair probably isn’t a pair that most of you pay too much attention to, and this is a real shame truth be told. The pair has a habit of trending nicely, and has a reasonable spread. EUR/USD Tests Channel Bottom Last week the EUR/USD fell as low as 1.2882 before finding support at this level and testing the lower edge of an ascending channel the pair has been trading along since July. Weekly FX Forecast- Oct. 28, 2012 As one month ends and another begins, this weekly Forex analysis can help you make the right moves and proceed with the proper caution when trading these major pairs throughout this week. EUR/USD Daily Outlook - Oct. 26, 2012 The EUR/USD pair fell during the session on Thursday as we initially tried to rally above the 1.30 level again. The fall after reaching that area formed a shooting star, which of course is always a bearish sign. USD/CAD Daily Outlook - Oct. 26, 2012 The USD/CAD pair continued to bounce around in a very tight range during the Thursday session as the markets that we have no idea where wants to go. Looking at this chart, it is easy to see why a lot of my trading friends have been chewed up over the last couple sessions. GBP/USD Daily Outlook - Oct. 26, 2012 The GBP/USD pair rose drastically during the session on Thursday as the support at the 1.60 level continues to give the buyers confidence. At this point in time, it appears that the 1.62 level will be the next hurdle to overcome follow shortly behind by the 1.63 level. EUR/USD Signal - Oct. 25, 2012 Don't miss this EUR/USD based on Elliott Waves and Fibonacci levels - only at DailyForex.com. EUR/JPY Signal - Oct. 25, 2012 Check out this free Forex signal for EUR/JPY from the experts at DailyForex.com. EUR/USD Daily Outlook - Oct. 25, 2012 The EUR/USD pair fell during most of the session on Wednesday, as one would expect as stock markets around the world fell. We are still sitting around waiting for some type of bailout request Spain, and until then comes it will be a bit of an overhang to the value of the Euro. EUR/JPY Daily Outlook - Oct. 25, 2012 The EUR/JPY pair fell during the session on Wednesday in order to break through the 103.50 level. However, by the end of the session we saw the pair bounced off of what seems to be obvious support, and it suddenly formed a hammer. EUR/GBP Daily Outlook - Oct. 25, 2012 The EUR/GBP fell rather hard during the Wednesday session as we went as low as the 0.8075 level. When I look at this chart, I see that the 0.8050 area is support from the previous resistance, and as such this pullback really doesn't change my opinion on the whole. EUR/USD Rejects 1.2900- Oct. 25, 2012 The EUR/USD has appears to once again found support at 1.2920, printing a Daily Pin Bar Reversal at this level and continuing to honor the ascending trendline that began back in July with the 6 month low at 1.2042. GBP/JPY Signal- Oct. 25, 2012 The GBP/JPY pair is trending upward. Check out this Forex signal using the Ichimoku technical analysis method and make your move now. Successful Trades on Oct 24, 2012 According to the analysis of the AUD/USD and NZD/USD trader profited on a binary options platform. EUR/USD Daily Outlook - Oct. 24, 2012 The EUR/USD pair fell during the session on Tuesday as the "risk off" trade came back into play. I currently see several markets showing extreme weakness about anything relating to risk, and it is because of this that I am not a fan of shorting the US dollar in general right now. AUD/USD Daily Outlook - Oct. 24, 2012 The AUD/USD pair had an extremely bearish session during the Tuesday trading day, and I believe that we are starting to see a serious surge in downward pressure in this currency. NZD/USD Daily Outlook - Oct. 24, 2012 The NZD/USD pair fell during the session on Tuesday as the riskier assets around the world lost value. The 0.8100 level is a support area that has held up in the past, but is currently being pressed upon by the sellers. USD/JPY Capped At 80? Oct. 24, 2012 The day before yesterday the USD/JPY surged some 75 pips higher after opening to close just shy of 80.00 at 79.994. Then yesterday the pair peaked at 79.978 before falling to the 38.2% retracement level of the day before, closing just 11 pips above the Weekly R1 at 79.808. Successful Trades on Oct 23, 2012 According to the analysis of the USD/CAD and EUR/JPY trader profited on a binary options platform. EUR/USD Daily Outlook- Oct. 23, 2012 The EUR/USD pair had a positive session on Monday, but gave back a little bit of the gains late in the day. We are currently at the top of what I think is going to be consolidation between the 1.3150 and 1.28 levels. XAU/USD and the US Elections What does Gold have to do with the upcoming U.S. elections, and what does it mean for your trading once America has a new president? Check out this analysis on the XAU/USD pair here. USD/CAD Daily Outlook- Oct. 23, 2012 The USD/CAD currency pair fell during the Monday session as the buffer above the 0.9950 level held as resistance. The area extends all the way to the parity level as far as I can tell, and as such this will be a very significant area to over, if the buyers are to take over. EUR/JPY Daily Outlook- Oct. 23, 2012 EUR/JPY had a strong day on Monday as the bulls took over in almost all “risk related assets.” Perhaps even more importantly, it cross the 104 handle, an area that I have been wanting for quite some time. GBP/JPY Pushes Higher Oct. 23, 2012 The GBP/JPY, like most of the major JPY pairs, pushed higher yesterday showing the Japanese Yen's weakness against all of the 'majors' and most of the 'minors' as well. FXE Signal - Oct. 22, 2012 The ETF FXE seeks to track or reflect the price of the Euro, net of trust expenses. The strength of the Euro reflects the desire of foreign consumers and investors to hold Euros or to buy European products. Successful Trades on Oct 22, 2012 According to the analysis of the USD/CHF and EUR/USD trader profited on a binary options platform. XAU/USD Signal - October 22, 2012 Start your trading week with free signals for XAU/USD (Gold/USD) from DailyForex.com using the MACD Convergence. EUR/USD Daily Outlook - Oct. 22, 2012 It appears obvious that the 1.28 level looks to be supportive, s0 consolidation is probably coming in the immediate future. Get the full analysis here. CAD/JPY Daily Outlook - Oct. 22, 2012 The pair continued to fall on Friday and to consolidate further - find out what this means here. USD/CHF Daily Outlook - Oct. 22, 2012 The USD/CHF pair rose during the Friday session, but it should be remembered that the pair fell rather precipitously earlier in the week. Weekly FX Forecast - Oct. 22, 2012 See how an analyst at the DailyForex trading desk expects some major currencies to move in the coming week. USD/SGD Rejects 1.2150 The Singapore Dollar has been gaining on the US Greenback for some time now, hitting an all time high against the Greenback in July of 1.1987. EUR/USD Daily Outlook - Oct. 19, 2012 The EUR/USD pair fell during the session on Thursday as the area just above is resistive. However, the buyers have been out in full force as you can see from the trend line on the chart. GBP/USD Daily Outlook - Oct. 19, 2012 The GBP/USD pair fell heavily during the session on Thursday, after printing a shooting star on Wednesday. This suggests further weakness in this currency pair, which is a bit surprising considering how strong it had been recently. USD/CAD Daily Outlook - Oct. 19, 2012 The USD/CAD currency pair had a strong showing on Thursday as the market continues to hover around the 0.98 handle. This area has been fairly congestive lately, and as such I think we will continue to bounce around within the immediate vicinity. Kiwi Tests & Rejects Resistance The NZD/USD tested the top of the descending channel it has been trading in since mid September in yesterday's trading, but rejected (at least so far) anything above 0.8230 making a daily high of 0.82297. Successful Trades on Oct 18, 2012 According to the analysis of the NZD/USD and USD/CAD trader profited on a binary options platform. EUR/USD Daily Outlook - Oct. 18, 2012 The EUR/USD pair had quiet session on the Wednesday trading day as the 1.3125 area continues offer resistance. This of course was after an extensive rally during the Tuesday session, so a bit of a rest at resistance would have been a huge surprise. USD/CAD Daily Outlook - Oct. 18, 2012 The USD/CAD pair had a very bearish session on Wednesday as the 0.98 handle has been overcome by the sellers yet again. Ultimately, I see the 0.98 handle as the equilibrium for this market. The trend is most decidedly down, so I prefer to sell given half a chance. NZD/USD Daily Outlook - Oct. 18, 2012 The NZD/USD rose during the session on Wednesday as the hammer from Tuesday got triggered as a buy signal. This pair of course follows the overall “risk appetite” of investors, and as all things “risky” got a bid on the session, this pair did well. Successful Trades on Oct 17, 2012 According to the analysis of the NZD/USD and GBP/USD trader profited on a binary options platform. Crude Oil/USD Signal- Oct. 17, 2012 See how the Oil/USD pair is doing with this Forex signal and get the recommendation using the Ichimoku method. USD/CAD Heading for Par- Oct. 17, 2012 The Canadian Loonie lost some ground against the US Greenback yesterday, climbing some 76 pips to 0.9878 and kissing the 62 Day Moving Average at the same area. The pair has been in a solid downtrend since hitting an 11 month high in June of 1.0446 and a low on September 26 of 0.9683. EUR/USD Daily Outlook- Oct. 17, 2012 The EUR/USD pair rallied during the session on Tuesday, as the "risk on rally continued. There were murmurs of a possible breakthrough in the idea of the Spanish finally asking for a bailout, and if that's the case this should do quite a bit of good for the European Union in general. GBP/USD Daily Outlook - Oct. 17, 2012 The GBP/USD pair rally during the session on Tuesday as the 1.60 level continues to hold as a "floor" in this market. I believe that the Bank of England should continue to push rates higher through its lack of monetary policy expansion. NZD/USD Daily Outlook - Oct. 17, 2012 The NZD/USD pair fell initially during the session on Tuesday in order to retest the 0.81 handle as support. The resulting balance formed a hammer in this currency pair, and we should see continued bullishness as the stock markets around the world do quite well. GBP/USD Signal - Oct. 17, 2012 Japanese Ichimoku breakout! USD/JPY Signal - Oct. 17, 2012 Check out this USD/JPY signal based on Elliott Waves and Fibonacci principles and find your position now! Successful Trades on Oct 16, 2012 According to the analysis of the EUR/JPY and GBP/USD trader profited on a binary options platform. Gold ETF Signal - Oct. 16, 2012 GLD is the SPDR Gold Trust ETF. This ETF tracks the price of gold very well because they hold large amounts of physical gold. Get the signal here! EUR/USD Daily Outlook - Oct. 16, 2012 This pair certainly is one that has move quite a bit over the last several months, and as such taking a rest is in a huge surprise. However, this currency pair can go sideways forever and I believe that we will be seen a move fairly soon. EUR/JPY Daily Outlook - Oct. 16, 2012 EUR/JPY rose during the session on Monday as the bullishness continues in this market. Find out why here. GBP/USD Daily Outlook - Oct. 16, 2012 See why one expert on the DailyForex team is buying this pair, and why you may want to as well. AUD/CAD Turns Bullish The AUD/CAD daily chart printed a Bullish Engulfing candle yesterday after consolidating between 1.000 & 1.0080 for most of last week. Read more here. Successful Trades on Oct 15, 2012 According to the analysis of the NZD/USD and EUR/USD trader profited on a binary options platform. EUR/USD Daily Outlook - Oct. 15, 2012 See why one DailyForex expert recommends selling this pair (and maybe selling aggressively!). EUR/JPY Daily Outlook - Oct. 15, 2012 EUR/JPY started out strong on Friday but turned around late in the day, forming a shooting star. Get the full report here. NZD/USD Daily Outlook - Oct. 15, 2012 The Kiwi dollar is probably one of the stronger commodity currencies as the RBNZ isn't looking to cut rates currently. Learn more here. Weekly FX Forecast - Oct. 15, 2012 DailyForex experts help you get set up for the week with a Forex forecast of your favorite currency pairs. Check it out now! Gold Remains Bearish - Oct. 15, 2012 The Greenback gained against Gold last week, or Gold weakend against the Greenback; however you look at it the pair XAU/USD dropped almost 300 pips last week and has started this week off by continuing to trade lower in Asian trading. EUR/USD Daily Outlook - Oct. 12, 2012 EUR/USD rose during the session on Thursday as we bounced off of the trend line that has been holding this market up since the early part of July. The Euro is one of my least favorite currencies, and as such I haven't been participating in this move higher. GBP/USD Daily Outlook - Oct. 12, 2012 GBP/USD rose during the session on Thursday, as we bounced off of the 1.60 handle in a show of strength. The fact that the Wednesday candle was a shooting star and we broke the top of it also suggests that we are starting to see a pickup of buyers as well. AUD/USD Daily Outlook - Oct. 12, 2012 The AUD/USD pair was bullish during the Thursday session, but like all other rallies that this pair has seen recently, the end of the day Saul profit-taking. The candle looks very much like a shooting star, and it is still well within the tolerance of what would be considered resistance from the bottom. EUR/AUD Daily Pin Bar- Oct. 12, 2012 The EUR/AUD Daily Chart has printed a perfect Pin Bar at a fairly strong level of support. Yesterday's price action saw the pair reach down below the 61.8% retracement level for the last leg of the recent Bullish run, and closed above the 50% level at 1.2575. EUR/USD Daily Outlook - Oct. 11, 2012 The EUR/USD pair found itself falling again on Wednesday as the sellers stepped into the market full force. The pair continues to suffer from uncertainty in the European Union, and with the European Finance Ministers seemingly getting nowhere this week it's likely that we could see continued pressure over the medium-term. USD/CAD Daily Outlook - Oct. 11, 2012 The USD CAD pair bounced on Wednesday in order to the back above the 0.98 handle. However, I see that there is quite a bit of noise all the way up to the 0.9950 level, and as such I would be hesitant to buy this pair. GBP/USD Daily Outlook - Oct. 11, 2012 The GBP/USD pair fell again during the Wednesday session, to test the 1.60 handle. This area is of significance to me because of the "large round number aspect" of the value. FXI Trade Signal - Oct. 11, 2012 FXI, iShares FTSE China 25 Index Fund, is an electronic-traded fund that tries to mirror the performance of the FTSE China 25 Index. Get your trading signal now! EUR/CAD Bullish Channel Breaks Last week EUR/CAD double topped at 1.2806 and began a bearish descent that lasted 3 days so far, with only yesterday being more Bullish. Get the full analysis here. Successful Trades on Oct 10, 2012 According to the analysis of the AUD/USD and USD/CAD trader profited on a binary options platform. CHF/JPY Signal Update - Oct. 10, 2012 Even if you haven't traded based on yesterday's signal, there's still time to find your position - do it now! EUR/GBP Finds Resistance Oct 10, 2012 The EUR/GBP daily chart has been printing lower highs for what seems like ages, basically Bearish since hitting its all time high in 2008 at 0.9802. There have been Bullish rallies for sure as no chart ever goes only up or only down. EUR/USD Daily Outlook - Oct. 10, 2012 The EUR/USD pair fell hard during the session on Tuesday as the problems in Europe appear to be on the minds of traders again. This pair has essentially been relegated to a matter of which area is looking worse at the moment. AUD/USD Daily Outlook - Oct. 10, 2012 The AUD/USD pair attempted to rally during the session on Tuesday, but was beat back once we got above the 1.02 level. This level is important as it was the bottom of a larger consolidation area, and one has to think now that the pair is very vulnerable to the downside. USD/CAD Daily Outlook - Oct. 10, 2012 The USD/CAD pair did very little during the Tuesday session, as the markets continue to digest all of the news surrounding the oil markets. Gold - Still a Safe Haven? Is gold still a safe haven? This in-depth analysis will give you a look at what was once an obvious safe haven. Only at DailyForex. CHF/JPY Signal - Oct. 9, 2012 Check out this CHF/JPY signal based on Elliott Waves and Fibonacci principles and find your position now! EUR/JPY Double Tops The EUR/JPY daily chart has printed a double top with a lower high than September and a very bearish candle at the end of the day yesterday. The full analysis is here. EUR/USD Daily Outlook - Oct. 9, 2012 One DailyForex expert trader is neutral on EUR/USD right now - find out why here. GBP/USD Daily Outlook - Oct. 9, 2012 GBP/USD had a surprising fall in yesterday's trading session - but what does this mean for today's trading? USD/CAD Daily Outlook - Oct. 9, 2012 USD/CAD seems to be settling into a downward spiral - see why our expert trader recommends selling. Weekly FX Forecast – Oct. 8, 2012 Start your week with the Forex forecast of the major pairs, make your moves carefully, and good luck! EUR/USD Signal - Oct. 8, 2012 EUR/USD: One more wave is expected to take off as of wave v reaching around 1.3100 theoretically. However, lets wait for Eurozone Finance Minster summit for Greece funding and Spain bailout cues before we plan our next move. Gold (XAU/USD) Indecisive Gold (XAU/USD) spent another week above 1750.00 but has basically traded sideways since breaking above 1750 on September 13. EUR/USD Daily Outlook - Oct. 8, 2012 The EUR/USD pair had an interesting session on Friday as the nonfarm payroll numbers came out. As you can see on the chart, there is an uptrend line that this market has been following. EUR/JPY Daily Outlook - Oct. 8, 2012 EUR/JPY rose during the session on Friday as the Euro continues to gain against most currencies. This pair is particularly interesting to me as the Bank of Japan is actively working against the value of the Yen in various ways. NZD/USD Daily Outlook - Oct. 8, 2012 The NZD/USD pair fell on Friday after initially surging higher. This was in reaction to a sudden "risk off" attitude of currency markets. EUR/USD Daily Outlook - Oct. 5, 2012 The EUR/USD pair continues to grind higher, as the Thursday session ended up seeing the pair close above the 1.30 level again. GBP/USD Daily Outlook - Oct. 5, 2012 The GBP/USD pair rose during the session on Thursday as the British pound continues its showing of strength against the US dollar. USD/JPY Daily Outlook - Oct. 5, 2012 USD/JPY rose during the session on Thursday as the market continues to grind around in this consolidation area. Get the full analysis here. EUR/USD Signal - Oct. 4, 2012 This EUR/USD signal based on Elliott Waves and Fibonacci will keep you focused only hours before the NFP report. AUD/USD Daily Outlook - Oct. 4, 2012 The AUD/USD pair fell during most of the session on Wednesday as the commodity markets took an absolute shellacking during the session. GBP/USD Daily Outlook - Oct. 4, 2012 The GBP/USD pair fell during the Wednesday session as the pair looks set to pullback finally. We have seen a nice strong rally over the last several months, and the breaking out above the 1.58 level signifies that an ascending triangle had finally been triggered. GBP/CHF Daily Outlook - Oct. 4, 2012 GBP/CHF fell for much of the session on Wednesday as the British pound in general lost against many of the world currencies. However, as we approach the 1.51 handle we start looking at significant support going down to the 1.50 area. Successful Trades on Oct 3, 2012 According to the analysis of the EUR/JPY and EUR/USD trader profited on a binary options platform. EUR/USD Signal - Oct. 3, 2012 Check out this free Forex signal from Fadi Steitie and see where EUR/USD may be heading. EUR/USD Daily Outlook - Oct. 3, 2012 EUR/USD rose during the session on Tuesday as the bullish momentum for the Euro continues. However, by the end of the session we gave back much of the gains and formed a shooting star. EUR/JPY Daily Outlook - Oct. 3, 2012 EUR/JPY rose during the session on Tuesday as the Euro continues to enjoy a bit of a short covering rally, as well as a celebration of the fact that the world doesn't seem to be coming to an end at the moment. USD/CAD Daily Outlook - Oct. 3, 2012 The USD/CAD pair has been wound fairly tight recently, and the Tuesday session was no different. After all, we have the nonfarm payroll number coming out on Friday, and this of course will have a great affect on this currency pair. GBP/JPY Still Bullish- Oct. 3, 2012 The GBP/JPY has been respecting an ascending trend-line/channel since July of this year, and continues to do so this week while holding above support at 125.50. Successful Trades on Oct 2, 2012 According to the analysis of the USD/CAD and EUR/USD trader profited on a binary options platform. USD/JPY Techincal Outlook - Oct. 2, 2012 Check out Fadi Steitie's USD/JPY Forex forecast only at DailyForex.com. EUR/USD Technical View - Oct. 2, 2012 Check out Fadi's EUR/USD view based upon Elliott Waves and Fibonacci Levels, only at DailyForex.com. AUD/NZD Breaks 12 Month Low From this vantage point it looks like AUD/NZD is set to drop to test the 2 year lows at 1.2315. Learn more here. EUR/USD Daily Outlook - Oct. 2, 2012 EUR/USD is setting up for a big pullback - read this before trading the most popular currency pair! NZD/USD Daily Outlook - Oct. 2, 2012 Sure, the Kiwi has surged recently, but it also hit resistance which looks likely to continue. See why here. USD/CAD Daily Outlook - Oct. 2, 2012 USD/CAD is currently hinging on the oil markets and the upcoming NFP report. Get the full daily Forex analysis here. Kiwi Soars In September The NZD/USD climbed 440 points in September, completely swallowing Augusts entire price ranage and smashing the 6 month high from April. EUR/USD Daily Outlook - Oct. 01, 2012 EUR/USD fell during the Friday session after initially trying to rally. This was an interesting candle as it formed after two consecutive hammers, and as such it looks like we have a real dogfight on our hands. USD/CAD Daily Outlook - Oct. 01, 2012 The USD/CAD pair ended up gaining for the session on Friday after initially falling through the 0.98 handle. GBP/USD Daily Outlook - Oct. 01, 2012 The GBP/USD pair fell during the Friday session as traders took profits in some of the risk year currency pairs. Weekly FX Forecast - Sept. 30, 2012 Don't start trading this week without a look at the weekly Forex forecast from the DailyForex.com trading room. EUR/USD Signal- September 28, 2012 Before you sign off for the weekend check out the continuation of our EUR/USD signals. EUR/USD Daily Outlook- Sept. 28, 2012 EUR/USD fell during the session on Thursday as the risk appetite waned a bit during the early hours. The pair then found a bit of legs later in the day, and as a result the pair formed a hammer in the end. NZD/USD Daily Outlook- Sept. 28, 2012 The NZD/USD pair rose again during the Thursday session as the "risk on" rally continues. The Kiwi dollar is enjoying resurgence as of late due to the Federal Reserve and its loosening of monetary policy. EUR/JPY Daily Outlook- Sept. 28, 2012 The EUR/JPY pair initially fell during the Thursday session, but much like he did on the Wednesday session we saw a nice bounce by the end of the day. USD/CAD Aims Lower- Sept. 28, 2012 The Canadian Dollar reversed its direction today, gaining ground once again on the US Greenback. The reversal comes at the 0.9860 level, the lows of August and the top of a descending channel that the pair has been respecting since June. Successful Trades on Sept. 27, 2012 Using a binary options platform, trader profited on the AUD/USD and EUR/USD pairs. Get the analysis here. EUR/USD Review and Expectations See what's going on with the favored EUR/USD pair and what's likely coming up for the currencies. EUR/USD Daily Outlook - Sept. 27, 2012 EUR/USD is experiencing choppy trading and sell offs are abounding. Get the full analysis here. AUD/USD Daily Outlook - Sept. 27, 2012 Gold markets are looking healthy, so the Aussie is looking healthy...but there's more to learn here. USD/CAD Daily Outlook - Sept. 27, 2012 See the significance of USD/CAD rising over 0.98 in this daily outlook by Christopher Lewis. Silver on the Rise Check out this technical view of XAG/USD to see how silver is inching upwards. Swissy Remains Bullish Sept. 26, 2012 The USD/CHF is maintaining its Bullish momentum during Asian trading after retesting the Weekly S1 at 0.9260 before climbing to its current price at 0.9391. EUR/USD Signal Follow Up Sept. 26, 2012 Keep up to date on the EUR/USD pair following the signals that have been previously posted. Good luck. EUR/USD Daily Outlook- Sept. 26, 2012 The EUR/USD pair fell during the session on Tuesday as the "risk off" trade came back into play. The pair got a little bit of pressure put upon it because of riots in Spain, and of course concerns about Greek. NZD/USD Daily Outlook- Sept. 26, 2012 The NZD/USD initially surged during Tuesday, but turned around as the pair lost momentum. The pair currently is sitting just above the 0.82 support zone, and as such it is trying to differentiate whether or not it is pulling back. USD/CAD Daily Outlook- Sept. 26, 2012 The USD/CAD pair continued to confound traders around the world on Tuesday as the pair approach the 0.98 resistance area, and seem to have negated everything that had been printed over the last few sessions. EUR/USD Signal- September 25, 2012 Following up from yesterday's EUR/USD signal, the pair is continuing to trend downward. See the latest for the EUR/USD and make your moves carefully. GBP/USD Daily Outlook- Sept. 25, 2012 The GBP/USD pair had a slightly bearish session on Monday, but in the end managed to bounce back and form a hammer. The last several sessions have seen either hammers or shooting stars printed, and this is a class sign of consolidative markets after a steady move like we have had. USD/CAD Daily Outlook- Sept. 25, 2012 The USD/CAD pair is one that has been interesting to me lately. This is in many ways the epicenter of all of the crosscurrents in the financial markets over the last couple of weeks. EUR/USD Daily Outlook- Sept. 25, 2012 The EUR/USD pair fell during most of the session on Monday, but bounced enough to form a hammer-like candle at the 1.29 handle. This action suggests to me that there is going to be a bit of fight in the bullish camp, and that a pullback while looking possible – will be somewhat short lived at this point. EUR/AUD Turns Bearish Sept. 25, 2012 Yesterday I wrote my analysis on the AUD/CHF, and today we have its mirror image, the EUR/AUD. This pair reached a high last week of 1.2552 and reversed to close the week at 1.2404, forming a weekly pin bar reversal candle in the process. Successful Trades on September 24, 2012 According to the analysis of the EUR/GBP and EUR/USD trader profited on a binary options platform. EUR/USD MACD Convergence Signal Here is a EUR/USD signal using the MACD convergence method, make your moves carefully. EUR/USD Signal- Sept. 24, 2012 Start your week making the right moves for the EUR/USD pair using this Forex signal from one of our expert traders. Weekly FX Forecast- Sept. 24, 2012 See where major pairs like EUR/USD, USD/JPY, and more are headed for the week ahead. USD/CAD Daily Outlook Sept. 24, 2012 If there ever was a confused pair, it is the USD/CAD at the moment. This pair is most certainly in a down trend, but the market is being pushed around by outside influences that make it trade a bit on the erratic side lately, and as a result we have to look at the larger picture for guidance. EUR/USD Daily Outlook Sept. 24, 2012 The EUR/USD pair attempted to rally on Friday, but was beat back down as the pair broke above the 1.30 level. This looks as if the large amount of resistance above is going to continue to work against the buyers for the time being. EUR/GBP Daily Outlook Sept. 24, 2012 The EUR/GBP pair initially fell on Friday, but as you can see by the daily chart the market bounced. This is especially interesting to me at this point because the Pound is doing so well in general. AUD/CHF at Key Support Sept. 24, 2012 The AUD/CHF tested the 61.8% retracement level last week for the Bullish run up from 0.9125 on May 13 to 1.03477achieved in July. USD/CAD Daily Outlook Sept. 21, 2012 The USD/CAD pair balance all the way above the 0.98 handle, but by the end of the session fell in order to form a perfect shooting star. NZD/USD Daily Outlook Sept. 21, 2012 The NZD/USD pair had a very wild session on Thursday as the market both plunged, and then popped right back up in order to form a very long hammer. EUR/USD Daily Outlook Sept. 21, 2012 The EUR/USD pair fell during the session on Thursday as the 1.30 level couldn't hold the market up. This having said this, we are far from being able to call the Euro rally dead, as we are still certainly at lofty levels. NZD/USD Daily Outlook- Sept. 20, 2012 The NZD/USD pair had a fairly quiet session on Wednesday as most markets consolidated. The New Zealand dollar is a proxy for the commodity markets as far as Forex traders are concerned, and as such it isn't surprising that the day saw very little action. EUR/USD Daily Outlook- Sept. 20, 2012 The EUR/USD pair fell for most of the session on Monday, but did bounce from the 1.30 level in order to form a hammer like candle. This suggests to me that perhaps we still have some bullish momentum going forward. USD/CAD Daily Outlook Sept. 20, 2012 The USD/CAD pair was very quiet during the session on Wednesday, which is rather surprising considering the oil markets fell precipitously. Kiwi Range-Bound after GDP The Kiwi (NZD/USD) surged higher after slightly better than expected numbers from the Q/Q GDP numbers were released during the early hours of Asian Trading but has pulled back to 0.82700 once again a little more than half way through the Asian Trading day. USD/CAD Daily Outlook- Sept. 19, 2012 The USD/CAD pair did very little during the session on Tuesday as we flirted with the 0.98 handle. This area is very interesting to me as it is the bottom of a massive consolidation area that extended all the way to the 1.04 level. EUR/GBP Daily Outlook- Sept. 19, 2012 The EUR/GBP pair fell during the session on Tuesday as the Euro fell in general. This particular pair has been more interesting to me than the EUR/USD pair because of the fact that the difference in the currencies is far starker than the other market. EUR/USD Daily Outlook- Sept. 19, 2012 The EUR/USD pair fell during the Tuesday session as the Euro pared some of the gains overall. The recent move has been absolutely parabolic, so this of course wouldn't be much of surprise to many out there. EUR/JPY Breaks Higher- Sept. 19, 2012 The EUR/JPY has already broken Monday's high after the BOJ eased its monetary policy and doubled asset purchases in today's press conference. EUR/USD Daily Outlook Sept. 18, 2012 The EUR/USD pair formed a shooting star on Monday as the pair could not really take advantage of a break above the 1.31 level. The pair has been absolutely parabolic recently, and it would make sense to see a pullback. AUD/USD Daily Outlook Sept. 18, 2012 The AUD/USD pair fell on Monday, and closed below the 1.05 level. This is very interesting, as the "risk on" rally was in full effect last week. This of course was due to the Federal Reserve announcing seemingly unlimited quantitative easing. GBP/USD Daily Outlook Sept. 18, 2012 The GBP/USD pair rose during the session on Monday, but pullback and the 1.6250 level in order to form a shooting star. This of course is a bearish signal, and could potentially signal a downfall to come. XAU/USD Pulls Back – Sept. 18, 2012 The US Greenback has posted some gains against some of its counterparts since the markets opened on Sunday, showing strength against pairs such as the Kiwi, Loonie & of course, Gold (XAU/USD). EUR/USD Signal- September 17, 2012 Check out this EUR/USD signal using the Fibonacci retracement and the support and resistance method. The Euro is trending upward. Make your moves fast. USD/JPY Rejects 77.00– Sept. 17, 2012 The USD/JPY is a pair trapped by its own price action. 2012 has seen the pair trading for the most part, in roughly an 800 pip zone between the January 29 low at 76.016 and the March high of 84.170. Weekly FX Forecast- Sept. 17, 2012 Start your week with the Forex forecast of the major pairs, make your moves carefully, and good luck! EUR/USD Daily Outlook Sept. 17, 2012 The EUR/USD pair had another strong showing on Friday as the effects of the Federal Reserve’s QE3 announcement are still being felt in the currency markets as a whole. The Euro was one of the most heavily shorted currencies. NZD/USD Daily Outlook Sept. 17, 2012 The NZD/USD pair attempted to rally during the session on Friday, but was surprisingly stalled by the sellers just 24 hours after quantitative easing by the Federal Reserve was announced. USD/JPY Daily Outlook Sept. 17, 2012 The USD/JPY pair has been one of my favorite wants to watch recently. The last 40 hours in particular has been very interesting as we have seen a significant break of support, only to turn around and bounce back over it. EUR/USD Daily Outlook Sept. 14, 2012 EUR/USD rose during the session on Thursday as the Federal Reserve announced an expansion of monetary easing via the Mortgage Back Securities market. USD/JPY Daily Outlook Sept. 14, 2012 The USD/JPY pair fell during the session on Thursday is the Federal Reserve continued to expand its monetary easing policies. The larger than expected package rocked the markets and as such the US dollar got pummeled in afternoon trading. GBP/USD Daily Outlook Sept. 14, 2012 The GBP/USD pair rose during the Thursday session as the Federal Reserve expanded its quantitative easing policy as well as extended it. Successful Trades on Sept 13, 2012 According to the analysis of the GBP/USD and EUR/USD trader profited on a binary options platform. GBP/USD Daily Outlook Sept. 13, 2012 The GBP/USD market rose again during the Wednesday session as the 1.61 level was tested. EUR/USD Daily Outlook Sept. 13, 2012 The EUR/USD pair continued to gain ground during the Wednesday session in preparation for the Federal Reserve and its announcement later today. There is an expectation of quantitative easing going forward, and as such this will work against the US dollar. USD/CAD Daily Outlook Sept. 13, 2012 The USD/CAD pair had a positive session on Wednesday as the buyers stepped in to support the pair. However, we are still below the 0.98 handle, and as such I still believe that we have broken a significant support level. Successful Trades on Sept 12, 2012 According to the analysis of the USD/JPY and EUR/USD trader profited on a binary options platform. USD/CAD Daily Outlook Sept. 12, 2012 The USD/CAD pair fell during the session on Tuesday, as the world assumes that the Federal Reserve will go ahead and either extend its length easing, or perhaps even get involved in Quantitative Easing 3. EUR/USD Daily Outlook Sept. 12, 2012 The EUR/USD pair had a strong showing on Tuesday as we broke above the 1.28 handle with conviction. Looking at this pair, we can see that the Euro continues to gain because of a possible to several reasons: the Federal Reserve easing on Thursday, and the short covering of the massive anti-Euro trade that has been on for months. USD/JPY Daily Outlook Sept. 12, 2012 USD/JPY fell pretty precipitously on Tuesday, as the 78 handle finally gave way. This is an area I have been wanting in this pair with great interest over the last several weeks as you can see on the chart it has been massively supportive. USD/CAD Breaks Lower- Sept. 12, 2012 The USD/CAD has broken the low from August 28, 2011 and now has a pretty clear shot at the July 2011 low with only one real support level to stop it. Successful Trades on Sept 11, 2012 According to the analysis of the AUD/USD and EUR/USD trader profited on a binary options platform. US Index Technical View- Sept 11, 2012 Learn about the U.S. index before making any trades using the Elliot Waves and Fibonacci levels method. GBP/USD Daily Outlook Sept. 11, 2012 The GBP/USD pair fell below the 1.60 handle on Monday, but did bounce in order to form a hammer. This could be a very potent sign for the buyers to step back into the marketplace as it shows the 1.60 level does bring in support. EUR/USD Daily Outlook Sept. 11, 2012 The EUR/USD pulled back a bit during the Monday session as we await the decision out of the German High courts on Wednesday as to whether or not the ESM is in fact constitutionally allowed in Germany itself. AUD/USD Daily Outlook Sept. 11, 2012 The AUD/USD pair fell during the Monday session as the world awaits the decisions out of Germany, Holland, and the Federal Reserve. EUR/USD Signal- September 10, 2012 Check out this EUR/USD signal using the support and resistance method. The Euro is trending upward. Make your moves fast. Weekly FX Forecast- Sept. 10, 2012 As the effects of a relaxing weekend leaves us, start the week right with the Forex forecast of some of the major pairs. Make your moves carefully and hopefully profit well. EUR/USD Daily Outlook Sept. 10, 2012 The EUR/USD pair rose again during the Friday session as the Non-Farm Payroll numbers in the United States came out much weaker than expected. This is mainly because of the expectations going forward that the Federal Reserve will have to engage in further quantitative easing. CHF/JPY Daily Outlook Sept. 10, 2012 The CHF/JPY pair fell during much of the session on Friday, only to turn around and bounce. This bounce produced a nice looking hammer, and it should be noted that the hammers bottom is sitting on top of a nice supportive area that stretches over the course of two weeks. USD/JPY Daily Outlook Sept. 10, 2012 The USD/JPY pair fell precipitously on Friday as the US employment numbers came out in a very disappointing manner. AUD/CAD Reversal- Sept. 10, 2012 The AUD/CAD stopped and reversed its descent last week at a key support level, 1.005. The pair has changed direction at this level many times over the last 2 years, both bullish and bearish. EUR/USD Daily Outlook Sept. 7, 2012 EUR/USD had a bullish session on Thursday as the ECB has now suggested it will buy unlimited amounts of bonds from troubled members. However, the pair didn’t exactly take off like so many others did. AUD/USD Daily Outlook Sept. 7, 2012 The AUD/USD pair shot straight up during the Thursday session as the ECB stated it would buy "unlimited" amount of bonds from troubled nations in that region. This got the "risk on" trade back into play, and that almost always benefits the Australian dollar. USD/JPY Daily Outlook Sept. 7, 2012 The USD/JPY pair skyrocketed during the session on Thursday as the ADP employment numbers came out much stronger than expected. A lot of traders will use this as a forward-looking indicator as to what the Non-Farm Payroll numbers will be. Successful Trades on September 6, 2012 According to the analysis of the USD/CAD and EUR/USD trader profited on a binary options platform. EUR/USD Signal- September 6, 2012 Check out this Forex signal for the EURUSD pair using rising parallel channels as the method. EUR/USD Daily Outlook Sept. 6, 2012 The EUR/USD pair rose during the session after initially falling in bouncing off of the 1.25 handle on Wednesday. However, we have an important ECB meeting and speech coming up later today which will have a major effect on this currency pair, so I only read so much into this action. NZD/USD Daily Outlook Sept. 6, 2012 NZD/USD fell during much of the session on Wednesday as the "risk off trade" continued. However, by the end of the session we saw the pair bounced in order to form a hammer. USD/CAD Daily Outlook Sept. 6, 2012 USD/CAD hasn't exactly been the most exciting pair to trade lately. This is because the pair has been very sideways, which it does tend to do quite often. However, there are sudden bursts in this pair wants to decide which way it wants to go, and I think that we are perhaps witnessing the windup for that move. Successful Trades on September 5, 2012 According to the analysis of the GBP/USD and AUD/USD trader profited on a binary options platform. EUR/USD Signal- September 5, 2012 Get the recommendation for the EUR/USD pair with this Forex signal. Are we buying or selling? Find out here. USD/CHF Signal- September 5, 2012 The Swissy is heading downward, see what's in store for this pair with this Forex signal from one of our expert traders. USD/CHF Finds Support- Sept. 5, 2012 The 'swissy' has once again found support just north of 0.9500 with yesterday's daily low at 0.9508. The pair went on to close much higher at 0.9582, once again bouncing from the 0.9500 level as it has done several times during June as well as twice in the last 3 trading days, with yesterday making it 3 for 3. EUR/USD Daily Outlook Sept. 5, 2012 The EUR/USD pair has been grinding higher over the summer as the volumes have dwindled. Now that we are starting to get many of the larger trading firms back online with full volumes, we have seen a bit of a letdown in the bullishness of the Euro. AUD/USD Daily Outlook Sept. 5, 2012 The AUD/USD pair attempted to rally during the session on Tuesday, but again showed weakness as it approached the 1.03 level. The fact that we formed a shooting star at the bottom of such a massively bearish move concerned me for the health of the Australian dollar going forward. GBP/USD Daily Outlook Sept. 5, 2012 The GBP/USD or “cable” pair had an interesting session on Tuesday, as it both rallied and then failed. The pair trying to get over the 1.59 level again, but failed and fell in order to form a shooting star. Successful Trades on September 4, 2012 Trader profited using the optionFair Binary Options platform for the EUR/USD and EUR/JPY pairs. See how here. AUD/USD Daily Outlook Sept. 4, 2012 AUD/USD fell during the Monday session as volumes were a bit on the light side as the day went by. This is because of the United States celebrating the Labor Day holiday, and the fact that many of the North American firms would have been away from their desks. EUR/USD Daily Outlook Sept. 4, 2012 EUR/USD had a slightly positive day on Monday, but let's keep in mind that the North Americans had very little volume to work with. This was because of the Labor Day holiday in the United States, and the relatively low volume that the Canadian strength of the markets. EUR/JPY Daily Outlook Sept. 4, 2012 The EUR/JPY pair had a fairly uneventful Monday, but this makes sense as the Americans were away on Labor Day. When you take that kind of liquidity out of the markets, big moves are necessarily in order. AUD/USD Bullish After RBA Statement The AUD/USD turned bullish after the RBA announced that it would leave the lending rate unchanged at 3.50%. After a relatively low volume trading day due in part to the Labor Day holiday in North America, Asian markets turned bullish with Japan releasing poorer numbers than expected for both the Monetary Base and Average Cash Earnings. Successful Trades on September 3, 2012 According to the analysis of the EUR/GBP and EUR/USD trader profited on a binary options platform. Weekly FX Forecast- Sept. 3, 2012 Summer is over, so that means trading should be back in full swing. Get the latest on the major pairs and see what our expert trader predicts for the coming week. GBP/USD Remains Bullish- Sept. 3, 2012 The GBP/USD closed the week above the 62 Week Moving Average again, maintaining its mildly bullish momentum for another week and re-entering the range between 1.5800 & 1.6000 that held it captive for several months in early 2012. EUR/USD Daily Outlook Sept. 3, 2012 EUR/USD had an interesting session on Friday as it rallied fairly significantly, based upon the words of Federal Reserve Chairman Ben Bernanke at the Jackson Hole, Wyoming central bankers meeting. GBP/CHF Daily Outlook Sept. 3, 2012 GBP/CHF fell during the session on Friday but bounced in order to form a hammer. This hammer is very interesting to me as it is on the uptrend line of a big up trending channel that we've been in for some time. EUR/GBP Daily Outlook Sept. 3, 2012 EUR/GBP is one of the most interesting Forex pairs at the moment as far as I am concerned. This is mainly because the Euro has been rallying so well against the US dollar, even though the fundamentals don't necessarily call for it. AUD/USD Still Bearish- August 31, 2012 The AUD/USD pair has closed below the 62 day moving average on a daily chart, and has now retraced 76.4% of price action since July 24. The close below the 62 Day EMA is substantial as it can be seen as confirmation of a longer term trend. EUR/USD Daily Outlook Aug. 31, 2012 EUR/USD had a negative session on Thursday, as the market sold off risk related assets in general. However, we are still above the 1.25 level and this does bode at least somewhat well for the Euro. AUD/USD Daily Outlook Aug. 31, 2012 The AUD/USD pair fell significantly during the Thursday session, and even managed to close below the 1.03 level which I had as significant support. USD/CAD Daily Outlook Aug. 31, 2012 USD/CAD rose during the Thursday session as the market continues to look rather supportive. The oil markets fell slightly, and as such it looks like the Canadian dollar is due for a little bit of a pullback in its strength. Successful Trades on August 30, 2012 According to the analysis of the GBP/USD and EUR/USD trader profited on a binary options platform. EUR/USD Daily Outlook Aug. 30, 2012 The EUR/USD pair pulled back during the Wednesday session as the Euro continues to consolidate right around the 1.25 level. This area is the beginning of massive resistance All the way to the 1.27 level, and as such it does look like the next 200 pips will be much more difficult than the last 200. GBP/USD Daily Outlook Aug. 30, 2012 GBP/USD had a very volatile session on Wednesday as the markets simply went nowhere in the end. At the close, we were fairly unchanged and it appears that the market is currently waiting. NZD/USD Daily Outlook Aug. 30, 2012 NZD/USD fell on Wednesday as the pair fell down to the 0.80 support level. The area is obviously a major number for the markets, and as such it's no surprise that this level offered a bit of support. AUD/CHF Breaks Support The AUD/CHF has broken a key support level at 0.9950 and entered a Technical Vacuum, well below the 62 Day Moving Average at 1.0003 . The pair has been trending lower since making a new four and a half year high on August 02 of 1.0348. EUR/AUD Signal- August 29, 2012 See where the EUR/AUD pair is headed with this free Forex signal from DailyForex.com Successful Trades on August 29, 2012 According to the analysis of the GBP/USD and EUR/USD trader profited on a binary options platform. GBP/USD Maintains Breakout Last week the Sterling, or GBP/USD, broke out of the box it was trading in between 1.5450 + 1.5750 for the past 90+ days. USD/JPY Daily Outlook Aug. 29, 2012 USD/JPY fell during the session on Tuesday as the pair continues to test the support zone just above the 78 handle. This area is the same general vicinity that the Bank of Japan had recently admitted to intervening at clandestinely. EUR/USD Daily Outlook Aug. 29, 2012 EUR/USD had a fairly eventful session on Tuesday, as it originally fell only to turn around and pop much higher. While we haven't made a new high yet, it does show a certain amount of resilience of the 1.25 level. EUR/GBP Daily Outlook Aug. 29, 2012 EUR/GBP had a positive session on Tuesday as the Euro continues to show gains. This is an interesting turn of events for me personally, as I have noticed that the British pound seems to be picking up steam again. Successful Trades on August 28, 2012 According to the analysis of the GBP/USD and EUR/USD trader profited on a binary options platform. USD/CAD Aims Lower- August 28, 2012 In spite of lower than expected numbers from the Canadian housing markets and retail sales last week, the Loonie appears to be continuing to strengthen after breaking through .9900 and pulling back to the Monthly S1 at 0.9941. EUR/USD Daily Outlook Aug. 28, 2012 The EUR/USD pair had a slightly will week session during the day on Monday, as the initial rallies faded and failed to rise above the 1.25 level substantially. The real candle to pay attention to on this chart would be the shooting star from Thursday. GBP/USD Daily Outlook Aug. 28, 2012 The GBP/USD pair had a relatively disheartening session on Monday for the buyers. We initially trying to break higher, but that surge was beat back as the sellers forced prices below the 1.58 handle. AUD/USD Daily Outlook Aug. 28, 2012 The AUD/USD pair fell during the session on Monday in order to continue the weak action that we started to see last week. This pair is a great barometer of all things Asian economically, and this market suddenly is saying things aren’t as chipper as they once were. Successful Trades on August 27, 2012 According to the analysis of the AUD/USD and EUR/USD trader profited on a binary options platform. Weekly FX Forecast August 27, 2012 Things have been up and down for the pairs throughout the summer. See what this week will bring with this Forex forecast of the majors. EUR/USD Daily Outlook Aug. 27, 2012 The EUR/USD pair fell during the Friday session as the markets softened before the weekend. The action was bearish but did in fact find a bit of support at the 1.25 level. GBP/NZD Daily Outlook Aug. 27, 2012 The GBP/NZD pair attempted to break through the 1.95 level on the Friday, but was repelled by the sellers in order to form a shooting star. AUD/USD Daily Outlook Aug. 27, 2012 The AUD/USD pair has been in a nice uptrend since the beginning of June. However, we saw a breakdown on Friday below the uptrend line that has been propelling this pair much higher. GBP/USD Daily Outlook Aug. 24, 2012 GBP/USD has been very bullish of the last several sessions, and during the Thursday trading day even managed to approach the 1.59 level. The pair had been recently consolidating in an ascending triangle, and as such I have been waiting for what seems like forever to buy this pair. AUD/USD Daily Outlook Aug. 24, 2012 AUD/USD fell during the Thursday session as the poor Chinese economic numbers that have been coming out recently wait upon the commodity currencies. There is serious concern that the slowdown in China is accelerating, and this will put a serious dent into the commodity markets which Australia is so reliant upon for its export market. EUR/USD Daily Outlook Aug. 24, 2012 EUR/USD had another bullish session on Thursday as the short covering rally continues. The market has been rather impressive over the last several sessions, mainly based upon expectations of some type of Euro related bailout of Spanish banks. USD/CAD Daily Outlook Aug. 23, 2012 The USD/CAD pair had an interesting day of the originally gain in value, only to turn around once the Federal Reserve minutes were released. It appears that several of the members on the board of the Federal Reserve are more than willing to ease monetary policy in the United States economy doesn't pick up. USD/JPY Daily Outlook Aug. 23, 2012 The USD/JPY pair fell rather significantly during the session on Wednesday, facilitated by the Federal Reserve released that suggested many of the members are willing to step in and increase monetary easing if the US economy doesn't pickup. EUR/USD Daily Outlook Aug. 23, 2012 The EUR/USD pair made a strong showing during the Wednesday session as the Federal Reserve released the minutes from its July meeting. In the release was the impression that several of the members are more than willing to step in and ease monetary policy if the economy in the United States does not pick up soon. Needless to say, this was Dollar negative and the Euro benefited as a result. XAU/USD Signal - August 22, 2012 Start your trading week with free signals for XAU/USD (Gold/USD) from DailyForex.com using the Ichimoku method. GBP/USD Signal - August 22, 2012 Start your trading week with free signals for GBP/USD currency pair from DailyForex.com using the Ichimoku method. EUR/USD Daily Outlook Aug. 22, 2012 The EUR/USD pair surge during the session on Tuesday to smash into the 1.25 area. This is the area that I have been suggesting for some time is the beginning of serious resistance, and should repel me Euro going forward. It is now that we will find out whether or not this actually holds true. Successful Trades on August 21, 2012 According to the analysis of the GBP/USD and EUR/USD trader profited on a binary options platform. USD/JPY Daily Outlook Aug. 21, 2012 The USD/JPY pair had a bearish session on Monday, as the pair ran into the 79 – 80 resistance zone. The pair had risen quite a bit over the last week or so, and as a result it wasn’t a surprise to see a bit of a pullback at this point. EUR/USD Daily Outlook Aug. 21, 2012 EUR/USD had a fairly quiet session on Monday as the markets simply have no real catalyst to push them in either direction. However, I do have to admit that the action looks relatively supportive at this point in time. GBP/USD Daily Outlook Aug. 21, 2012 GBP/USD has been a bit of a juggernaut lately. After all, this pair has been banging against the 1.57 – 1.58 resistance level even as the bears sell off aggressively. Although this pair hasn’t broken out to the upside yet, the fact is that the buyers are simply not giving up. Successful Trades on August 20, 2012 See how the trader profited from trading AUD/USD and EUR/USD using the optionFair Binary Options platform. Weekly FX Forecast- August 20, 2012 Many of the major pairs were bullish last week. See where these pairs are headed and where to make your moves for the upcoming week. CHF/JPY Daily Outlook Aug. 20, 2012 CHF/JPY is a pair that is a study in which direction the safe haven trade is going typically. However, with the Swiss National Bank working against the value of the Swiss franc in such a direct fashion, the characteristics of this pair have changed quite a bit over the last year or so. EUR/USD Daily Outlook Aug. 20, 2012 The EUR/USD pair continued to tread water during the Friday session, stubbornly refusing to go down for any real length of time. We have seen this out of Europe before, and it does tend to frustrate those of us that understand the enormity of the problems on the continent. AUD/USD Daily Outlook Aug. 20, 2012 The AUD/USD pair could be one of the more interesting charts as we enter the Monday trading session. Friday saw this pair selloff quite strongly, but he did in the day above the 1.04 handle, suggesting that there could be a bit of support in that general vicinity. GBP/USD Daily Outlook Aug. 17, 2012 The GBP/USD pair had a pretty stellar day when you look at how it started. The fact that the pair tried to break down, and even broke down below the bottom of the three shooting stars only to turn around and bounce is extremely impressive. EUR/USD Daily Outlook Aug. 17, 2012 EUR/USD had a bullish session on Thursday as the 1.2250 level has held as support again. The candle did not quite clear the top of the shooting star from the Tuesday, but the action was bullish enough that it essentially would mean the same thing. AUD/USD Daily Outlook Aug. 17, 2012 The AUD/USD pair had a slightly bullish session on Thursday as the 1.05 level looks to hold as support again. We had formed a hammer on the Wednesday close, and this of course suggested that the 1.0450 level was going to hold as support as well. XAU/USD Signal- August 16, 2012 Check out our expert trader's recommendation for the XAU/USD pair. Successful Trades on August 16, 2012 According to the analysis of the AUD/USD and EUR/USD trader profited on a binary options platform. EUR/USD Signal- August 16, 2012 See where the EUR/USD pair is headed with this free Forex signal. USD/JPY Daily Outlook Aug. 16, 2012 USD/JPY is one of the most interesting Forex pairs to me right now. This is simply because we have a central bank, the Bank of Japan that is very active in this pair, and perhaps already intervening. AUD/USD Technical Analysis August 16 AUD/USD fell during much of the session as the "risk off" trade came back into play during the Wednesday session. However, by the end of the trading day we saw the Australian dollar bounce in order to form a hammer at the vicinity of 1.05 as a very positive sign. EUR/USD Technical Analysis August 16 The EUR/USD pair fell during the session on Wednesday as the shooting star on Tuesday got triggered to the downside. The pair is currently drifting higher in what is known as a rising wedge formation, and this of course is rather bearish. Successful Trades on August 15, 2012 According to the analysis of the USD/CAD and EUR/USD trader profited on a binary options platform. EUR/CAD Remains Below 1.2250 Yesterday the EUR/CAD pair made another attempt of breaking back above 1.2250 but was once again unsuccessful. GBP/USD Daily Outlook Aug. 15, 2012 GBP/USD rose during the session on Tuesday, but just like Monday - it failed to hold above the 1.57 level and formed a shooting star. This is to shooting stars in a row, and under normal circumstances I would find this extremely bearish. USD/CAD Daily Outlook Aug. 15, 2012 The USD/CAD pair had a relatively quiet day on Tuesday, as the markets simply have very little in the form of headlines to move on. Most of you will know that the Canadian dollar tends to follow the price of oil, and more specifically the light sweet crude markets. EUR/USD Daily Outlook Aug. 15, 2012 EUR/USD had a bit of a rally during the Tuesday session, but as you can see on the charts, it failed yet again. The failure to clear the 1.2350 level will of course catch the only of many players in the market as it is a level that has both been supportive and resistive over the recent past. Successful Trades on August 14, 2012 According to the analysis of the AUD/USD and GBP/USD trader profited on a binary options platform. AUD/NZD Bullish Axe Last week, the AUD/NZD closed with a 180 pip Bullish Engulfing candle off of the Weekly Support zone at 1.2900 suggesting prices would remain bullish. AUD/USD Daily Outlook Aug. 14, 2012 The Australian dollar had a negative session on Monday as traders sold off risk appetite for the session. However, this market has a substantial amount of support at the 1.05 level, and it did in fact hold. GBP/USD Daily Outlook Aug. 14, 2012 The GBP/USD pair attempted to rally through the 1.57 level on Monday, but got swatted back down in order to form a shooting star. EUR/USD Daily Outlook Aug. 14, 2012 EUR/USD continued that the upward pressure as the 1.2350 level was broken during the session. However Monday also saw half of the gains evaporate by the time the Americans went home. Successful Trades on August 13, 2012 According to the analysis of the NZD/USD and EUR/USD trader profited on a binary options platform. USD/TRY Signal - August 13, 2012 See the recommendation for the USD/TRY pair with this Forex signal before the day is done. EUR/AUD Signal- August 13, 2012 Start your trading week with free signals from DailyForex.com using the Ichimoku method. Weekly FX Forecast August 13, 2012 The start of the new week brings on some recommendations for some of the major pairs. See what our expert trader advises and make your moves carefully. NZD/USD Daily Outlook Aug. 13, 2012 NZD/USD fell for most of the session on Friday as the “risk off” trade came back into play. However, as they normally do – the Americans picked up the risk as the Europeans went home for the weekend. CHF/JPY Daily Outlook Aug. 13, 2012 CHF/JPY isn’t a pair that a lot of people talk about, but I think that it is because they don’t understand that although both are “safe haven” currencies, they don’t have to move in tandem. EUR/USD Daily Outlook Aug. 13, 2012 EUR/USD fell most of the session on Friday but managed a bit of a pop in the later hours as the Americans took control. This pattern has been repeated over and over – the Asians and Europeans sell the Euro, and the Americans are willing to buy it off of them. USD/CAD Daily Outlook Aug. 10, 2012 USD/CAD fell during the session on Thursday to continue the remarkable downward pressure that this market has seen over the last several sessions. Remember, we have broken the bottom of a downtrend channel, and this suggests that momentum is certainly picking up for the sellers in this market. GBP/NZD Daily Outlook Aug. 10, 2012 GBP/NZD fell slightly during the session on Thursday, as it ran into resistance around the 1.93 level. The area was support recently, and as such it looks like it should continue to be resistance as typical technical analysis dictates. EUR/USD Daily Outlook Aug. 10, 2012 EUR/USD fell during the session on Thursday, as we continue to pick away at the 1.23 level. The area is acting as support currently, and as such we see the real battle lines being drawn in this general vicinity. Successful Trades on August 9, 2012 According to the analysis of the AUD/USD and EUR/USD trader profited on a binary options platform. USD/CAD Broke Below Descending Channel The USD/CAD, or just plain old Loonie to us Canucks, has broken out of the descending channel it has been running in since the end of May. AUD/USD Daily Outlook Aug. 9, 2012 AUD/USD had a relatively quiet session on Wednesday as the pair flirts with the 1.06 level. We're also at the top of an up trending channel, and as such it looks as if we are finally running into significant resistance. USD/CAD Daily Outlook Aug. 9, 2012 USD/CAD fell during the session on Wednesday in order to break below the bottom of the down trending channel that has been such a prominent feature of this market lately. EUR/USD Daily Outlook Aug. 9, 2012 EUR/USD had an interesting session on Wednesday as the market originally sold the Euro off and push the pair down to the 1.23 level. However, by the end of the day we saw a bit of a rally which formed a hammer. Successful Trades on August 8, 2012 According to the analysis of the EUR/GBP and EUR/JPY trader profited on a binary options platform. USD/CHF Consolidation Continues The USD/CHF has been consolidating, not unlike its mirror twin the EUR/USD just above the 62 Day EMA at 0.9660 which also happens to be the 61.8% retracement level for all of July's price action. EUR/JPY Daily Outlook Aug. 8, 2012 EUR/JPY had a rally during the Tuesday session, as the Euro continues to enjoy a little bit of what I would consider to be simply a "relief rally." EUR/GBP Daily Outlook Aug. 8, 2012 The EUR/GBP pair had an interesting session as the markets simply didn't go anywhere. The only reason this matters to me is that we are reaching the very first vestiges of resistance. EUR/USD Daily Outlook Aug. 8, 2012 EUR/USD attempted to rally during the Tuesday session, but was left wanting to say the least. The candle at the end of the day looks like a shooting star, and the only thing that looks like support at this point in time is the fact that the Monday session was a hammer. EUR/USD Signal Follow Up Aug. 7, 2012 Keep up to date on the EUR/USD pair following the signals that have been previously posted. Good luck. Successful Trades on August 7, 2012 According to the analysis of the AUD/USD and EUR/USD trader profited on a binary options platform. AUD/USD Correction Pending? After the RBA announced that it would leave the interest rate untouched at 3.5% the AUD/USD spiked to 1.0602, the highest it has been against the USD since March of this year, before pulling back and printing a Pin Bar Reversal on the 1 hour chart off of the Daily R1 at 1.0590. EUR/GBP Daily Outlook Aug. 7, 2012 EUR/GBP had a fairly quiet session by the time the close of Monday came. However, it doesn’t mean that there wasn’t some kind of action. AUD/USD Daily Outlook Aug. 7, 2012 The AUD/USD pair had a fairly neutral session for the Monday trading day. This pair had recently smashed through a fairly resistive level in the form of the 1.05 handle, and the previous candles form last week that formed shooting stars had me think this pair was going to fall. EUR/USD Daily Outlook Aug. 7, 2012 The EUR/USD pair fell for most of the session on Monday, essentially as a reaction to the explosive move on Friday. Certainly, with all of the controversy surrounding the European Union, the massive move in the Euro would have been thought to have been a little overdone. Successful Trades on August 6, 2012 According to the analysis of the AUD/USD and EUR/JPY trader profited on a binary options platform. Weekly FX Forecast- August 6, 2012 Last week showed some good moves for a few pairs, and not such great moves for others. Included was the ECB meeting and nonfarm payroll. See what's in store for the majors this week and plan your trading accordingly. Bulls Ready To Charge on USD/JPY? For the second week in a row the USD/JPY Weekly chart printed a hammer style candle with long tails testing the waters below 78.50 but failing to close below the open and resulting in slightly bullish candles for each week. EUR/JPY Daily Outlook Aug. 6, 2012 EUR/JPY had a strong and impressive rally during the Friday session as the US jobs figures came out much stronger than expected, showing an addition of 165,000 jobs during the month of July. AUD/USD Daily Outlook Aug. 6, 2012 AUD/USD had a stellar session on Friday as the jobs number got the "risk on" party started. Truth be known, the European markets actually look relatively healthy for the session ahead of that important economic announcement anyway. EUR/USD Daily Outlook Aug. 6, 2012 EUR/USD had a stellar session during the Friday trading day as nonfarm payroll numbers came out much better than expected. This led to a "risk on rally" that as usual had the Euro going higher. EUR/USD Signal Follow Up- Aug. 5, 2012 Get the signal follow up from Friday's EUR/USD Signal. See how the pair did and what is recommended next. EUR/USD Signal- August 3, 2012 The Euro had a rough week. See our signals expert's recommendation for the the EUR/USD pair. USD/JPY Signal- August 3, 2012 Our Signals expert is recommending to buy the USD/JPY pair. Get the details here. AUD/USD Signal- August 3, 2012 Before you log off for the weekend see our expert Signals trader's recommendation for the AUD/USD pair. USD/CAD Daily Outlook Aug. 3, 2012 USD/CAD rose during the session as the markets reacted poorly to the lack of action brought forth by the ECB for the session on Thursday. After last week's proclamation of "doing whatever it takes" to protect the Euro, Mr. Draghi disappointed the markets by bringing almost nothing to the news conference. AUD/USD Daily Outlook Aug. 3, 2012 AUD/USD initially spiked during the session on Thursday in anticipation of some new program out of the ECB that should have amount to the printing of money. However, the announcement gave very little in terms of substance, and as such the hot money players simply bailed on the "risk on trade." GBP/USD Daily Outlook Aug. 3, 2012 GBP/USD looks absolutely horrible at this point. Granted, we're still within the consolidation range of the end of the Thursday session, but the action for the day was very poor indeed. EUR/USD Signal- August 2, 2012 See the recommendation for the EUR/USD pair with this Forex signal before the day is done. Successful Trades on August 2, 2012 According to the analysis of the EUR/JPY and AUD/USD trader profited on a binary options platform. EUR/GBP Momentum Shifts The EUR/GBP pair has pulled itself out of the bears grip, but whether we have the start of a Bullish Trend or just a retracement developing is too soon to tell. EUR/JPY Daily Outlook Aug. 2, 2012 EUR/JPY initially attempted to rally on the start of the Wednesday session, only to be turned around after the Federal Reserve failed to give the markets the "sugar high" that everybody seemed to want. AUD/USD Daily Outlook Aug. 2, 2012 AUD/USD had an interesting session on Wednesday as it reacted both positively to the idea of continued stimulus out of the United States, and negatively to the reality that it never happened. EUR/USD Daily Outlook Aug. 2, 2012 EUR/USD reacted very poorly to the Federal Reserve's announcement during the Wednesday session. This is because there was a certain segment of the population out there that believed the Fed was about to enter some type of quantitative easing. EUR/USD Signal August 1, 2012 As we prepare for the ECB announcement tomorrow check out this Forex signal for the EUR/USD pair. GBP/AUD Hits Key Support Level The GBP/AUD pair has touched down at the 1.4860 area, a price area not touched since February of this year and a level that has provided strong support many times in the past 12 months. USD/JPY Daily Outlook Aug. 1, 2012 It's pretty rare that I get to say something like "This currency pair looks absolutely horrible, get ready to buy it!" However, this is exactly what the USD/JPY looks like right now to me. As odd as it sounds, there is a reason to my logic. NZD/USD Daily Outlook Aug. 1, 2012 NZD/USD had an interesting session on Tuesday as the participants in the currency markets have decided to place their bets ahead of the Federal Reserve and the European Central Bank meetings this week. EUR/GBP Daily Outlook Aug. 1, 2012 If there has been any consistent trade out there lately, it's been to sell the Euro against just about anything else. It is in this thought process that I look at the EUR/GBP pair. Successful Trades on July 31, 2012 According to the analysis of the EUR/USD and GBP/USD trader profited on a binary options platform. GBP/USD Possible Bullish Continuation The GBP/USD took back roughly 267 pips from the USD last week, closing above the Weekly Pivot and 62 Day Moving Average. This is only the 2nd time since May 15 that price has closed on the positive side of the 62DMA in favor of the Sterling. USD/CAD Daily Outlook July 31, 2012 USD/CAD fell during the session on Monday again, pushing towards the parity level as the bearish momentum continues to impress. GBP/USD Daily Outlook July 31, 2012 GBP/USD fell during the session on Monday, but managed to bounce towards the end of the trading day in order to form a hammer. This is of no small significance considering the fact that the 1.57 level held as support. EUR/USD Daily Outlook July 31, 2012 EUR/USD fell during the session on Monday, after the ridiculous urge that we saw over the previous three trading sessions. EUR/USD Signal- July 31, 2012 See where the EUR/USD is trending with this Forex signal using the Ichimoku method. Weekly FX Forecast- July 30, 2012 Last week was interesting for some of the major pairs, especially the EUR/USD. See what may be ahead for the pairs and make your trading plans accordingly! USD/JPY Potential Weekly Reversal The USD/JPY has been, like the EUR/USD, rather disconnected from the '6 Cousins' when viewed from a market correlation point of view. NZD/USD Daily Outlook July 30, 2012 NZD/USD is a pair that I have been talking about quite a bit lately. The bounce has been wicked, and I must admit that I was caught off guard completely by this sudden burst higher. However, now that it has happened, the analysis becomes a bit clearer at this point. GBP/NZD Daily Outlook July 30, 2012 The GBP/NZD pair has been flirting with a serious demand level for some time now. On Friday, we saw the pair finally break through the area, as the 1.95 handle gave way. EUR/USD Daily Outlook July 30, 2012 EUR/USD rose quite a bit for the third day in a row on Friday, only to retreat in the end. There is open speculation that the ECB is about to get aggressive in the markets to help stabilize the European debt concerns, and this gave a bit of a relief rally for the Euro as a result. AUD/USD Approaching 90 Day High The AUD/USD is Bullish again during Asian trading and is rapidly approaching both yesterday's high and the 90 day high for the pair at 1.0472. USD/CAD Daily Outlook July 27, 2012 USD/CAD fell hard during the Thursday session to coincide with the "risk on" rally that we saw throughout the financial markets. The pair of course will follow the oil markets, so it is worth noting that oil had a relatively benign rally for the session. GBP/AUD Daily Outlook July 27, 2012 The price action over the last couple days has been fairly interesting, and it should be noted that what originally got me interested in this pair was the bearish flag that you see on the chart. EUR/USD Daily Outlook July 27, 2012 EUR/USD rose during the session on Thursday after the head of the European Central Bank announced that he was willing to do "whatever it takes" to save the Euro. For some out there, this seems to have been a major revelation. USD/CAD Reverses- July 26, 2012 The USD/CAD pair is another pair that is trading within a channel, and the pair has reacted to the top of that channel by printing a bearish engulfing candle off of Resistance at 1.0225. NZD/USD Daily Outlook July 26, 2012 NZD/USD rose during the session during the Wednesday session as the "risk on" rally came back into the market. Looking back over the previous 40 hours, we have seen a breakdown out of consolidation by the Kiwi dollar, and now we have ran back of to retest that area. USD/JPY Daily Outlook July 26, 2012 USD/JPY had a very slight gain during the session on Wednesday as the pair bounced from the 78 handle. This is an area that I find very intriguing, mainly because it looks to me like it is an obvious support and resistance line on the longer-term charts. EUR/USD Daily Outlook July 26, 2012 EUR/USD had a strong session on Wednesday, to fill the gap from the weekend open. The candle does look fairly strong, and I do have the mid-although I am very bearish of the Euro in general, this does make me believe that selling at this point will be a little bit difficult. XAU/USD Range Tightens XAU/USD is going to break out...it will simply HAVE to at some point in the very near future. The range the pair is trading is is growing increasingly smaller with higher lows and lower highs every week forming a giant wedge formation on the Daily, Weekly and most predominant, the Monthly Chart. NZD/USD Daily Outlook July 25, 2012 NZD/USD fell during the session on Tuesday after initially trying to break free of resistance. The 0.79 level turned out to be far too resistive, and as such we found a reversal in the middle of the trading day. AUD/USD Daily Outlook July 25, 2012 AUD/USD fell during the session on Tuesday as the rounds on risk assets continues. Bad news out of Europe pushes down the risk appetite around the world for traders, and as a result the Australian dollar pays. EUR/USD Daily Outlook July 25, 2012 EUR/USD fell during the session on Tuesday as the fears coming out of the European Union continue. The yields in various debt markets from a Madrid to Rome are starting to spike, and as such demand for the Euro is waning. Successful Trades on July 24, 2012 According to the analysis of the NZD/USD and EUR/USD trader profited on a binary options platform. GBP/USD Eyes 1.5400 The GBP/USD has been trading in a range of about 350 +/- pips since early July and now appears to be getting ready to test the lower end of this range once again, with yesterday's candle being strongly Bearish and initiating a Bearish cross of the 5 & 13 EMA's. USD/JPY Daily Outlook July 24, 2012 USD/JPY fell during the session on Monday as the risk appetite was destroyed most of the day. However, in the later hours the Americans turned around and bid up risk assets in general. This of course means selling off the Yen, and it should be noted that the 78 handle acted as support as well. NZD/USD Daily Outlook July 24, 2012 NZD/USD had a very tough day during the session on Monday, which at one point in time actually looked like it was going to turn around. EUR/USD Daily Outlook July 24, 2012 The EUR/USD pair had a pretty rough session during the Monday trading day as the markets reacted to news of several Spanish territories needing a bailout in the near future. The market action was absolutely horrible most of the session, but as usual the Americans stepped in to save the day and kill off the Dollar. USD/TRY Signal- July 23, 2012 Start your week with a free Forex signal for the USD/TRY pair using the Ichimoku method. Successful Trades on July 23, 2012 According to the analysis of the EUR/USD and EUR/JPY trader profited on a binary options platform. Weekly FX Forecast- July 23, 2012 Last week was quite an interesting week in the Forex world. See what's in store for this coming week for the major currency pairs. EUR/USD and more. USD/JPY Testing 78.00 Level Again The Japanese Yen continues to strengthen against the American Greenback and is testing the support level at 78.00 for the second time in as many months. GBP/AUD Daily Outlook July 23, 2012 GBP/AUD is a pair I brought to your attention the other day, as I saw serious potential for a significant reaction in one direction or the other. Remember, I had mentioned that we were approaching the 1.50 level, and it would certainly cause a reaction psychologically in the market in one direction or the other. EUR/JPY Daily Outlook July 23, 2012 EUR/JPY fell rather hard during the Friday session as the Euro suffered against most currencies around the world. With the situation worsening in the Spain, and the bond markets looking weaker and weaker in the periphery, the Euro should continue to be sold on the whole. EUR/USD Daily Outlook July 23, 2012 EUR/USD had a very bearish Friday, as the Spanish state of Valencia finally admitted that it needs a bailout from the Spanish federal government. NZD/USD Daily Outlook July 20, 2012 NZD/USD rose during the session on Thursday as the commodity trade grew in favor. Obviously, as the Kiwi dollar is so highly correlated to commodity markets this makes sense that the Kiwi cut a bid for the session. USD/CAD Daily Outlook July 20, 2012 The USD/CAD pair managed to break below support during the Thursday session, and this bodes well for Canadian dollar bulls, at least for the meantime. EUR/USD Daily Outlook July 20, 2012 EUR/USD had a choppy day during the Thursday session as the market is starting to look like it's trying to find some type of support to bounce back from oversold conditions. Successful Trades on July 19, 2012 According to the analysis of the AUD/USD and EUR/USD trader profited on a binary options platform. GBP/AUD Breaks 3 Month Low The GBP/AUD has been descending steadily since making a 3 month high on May 23 of this year and has now broken the 3 month low as well as the low established 2 weeks ago at 1.5069. AUD/USD Daily Outlook July 19, 2012 AUD/USD rose during the session on Wednesday as it appears the markets believe stimulus is coming. Whether or not they believe it is coming from the Federal Reserve, or the Chinese central bank is probably going to be relevant at the end of the day. GBP/AUD Daily Outlook July 19, 2012 GBP/AUD had a very bearish session during the Wednesday trading day, which is simply a continuation of the trend that we have seen sense April. EUR/USD Daily Outlook July 19, 2012 EUR/USD seems to be stuck in a pattern of déjà vu, as for the third day in a row it has fallen only to bounce back to form a hammer. Successful Trades on July 18, 2012 According to the analysis of the USD/JPY and GBP/USD trader profited on a binary options platform. AUD/USD At Critical Level The AUD/USD pair continues to defy gravity and climbed again yesterday by another 83 pips to close above the Daily Pivot at 1.0288 but unable to break the high made on July 05 at 1.03271. USD/CAD Signal- July 18, 2012 At the mid-week point, get the free Forex signal for the USD/CAD pair. See what the recommendation is and where this pair is trending. GBP/USD Daily Outlook July 18, 2012 GBP/USD had an interesting day on Tuesday as the Federal Reserve Chairman Ben Bernanke testified in front of the U.S. Congress on the state of affairs. USD/JPY Daily Outlook July 18, 2012 The USD/JPY pair had a positive session on Tuesday, and this would be expected during the session like we had on Tuesday as the Federal Reserve Chairman gave no real straightforward indication of looming quantitative easing. EUR/JPY Daily Outlook July 18, 2012 EUR/JPY had a positive session on Tuesday, as the Federal Reserve chairman spoke before the U.S. Congress. While this pair typically will follow equity markets, and risk appetite in general, it should be noted that we have also reached a major bottom in this pair and could be seen a simple technical bounce. USD/CHF: Reversal or Minor Pullback? The USD/CHF, along with its cousin the EUR/USD has started to reverse from the highs and lows made last week (low for EUR/USD), both of which are levels not breached since the area turned into resistance in December of 2010. EUR/JPY Daily Outlook July 17, 2012 The EUR/JPY pair fell during the majority of the Monday session, in order to break below the 96.50 level. The pair has been sold off rather drastically over the last couple weeks, and appears that we are currently slowing down the dissents of the Euro against the Yen. NZD/USD Daily Outlook July 17, 2012 NZD/USD fell during the beginning of the session on Monday, but bounce later in the day once it was reported that the US retail sales numbers were weaker than expected. EUR/USD Daily Outlook July 17, 2012 The EUR/USD fell during most of the session on Monday, in order to crack the 1.22 level. The pair has been following rather relentlessly over the last couple weeks, and as a result we have found a bit of a temporary bottom in the form of the 1.2150 level. EUR/USD Signal- July 16, 2012 Start your week with this EUR/USD Forex Signal. Get the recommendations for this pair using the Elliot Waves Method. Successful Trades on July 16, 2012 According to the analysis of the GBP/USD and EUR/USD trader profited on a binary options platform. Weekly FX Forecast- July 16, 2012 What are the recommendations for your favorite major pairs this week? Get a heads start to your trading week with this weekly Forex forecast. USD/CAD Pushes Lower- July 16, 2012 The Canadian Dollar gained ground again against is southern cousin the US Dollar on Friday after Thursday's market movement printed a bearish pin bar on the Weekly R1 at 1.0215. AUD/USD Daily Outlook July 16, 2012 The AUD/USD pair saw tremendous rally during the Friday session, as the markets embrace the riskier assets globally. The move was a bit surprising, but it should be kept in mind that the Australian dollar is somewhat of a proxy for the Chinese economy. GBP/USD Daily Outlook July 16, 2012 GBP/USD had an absolutely astonishing day on Friday as the market shot straight up. The candle even managed to close the very top of the daily range, and as such it looks like there is still some type of energy below it looking to push prices higher. EUR/USD Daily Outlook July 16, 2012 EUR/USD rose during the session on Friday, as the 1.22 level managed service support. The bounce will have caught some people by surprise, but it really isn't necessarily that shocking if you look at the charts over the last couple of weeks. EUR/USD Signal- July 13, 2012 The Euro did not have a such a great week, but before you sign off for the weekend check out this free Forex signal and get the recommendation for the EUR/USD. GBP/USD Daily Outlook July 13, 2012 The GBP/USD pair fell during the Thursday session to break down below the 1.55 support level. The reason this is important is that it is the bottom of consolidation that we've seen during most of the summer. EUR/CAD Daily Outlook July 13, 2012 EUR/CAD is a pair that I don't talk about very often. However, if you look at the Canadian dollar in general, you see strength. This makes sense as the oil markets have continued to be resilient in the face of a fairly strong selloff. EUR/USD Daily Outlook July 13, 2012 EUR/USD fell again during the Thursday session as one would expect, but the fact is that there was a bounce towards the closing and this suggests that we may see a bit of an awakening. Successful Trades on July 12, 2012 According to the analysis of the EUR/GBP and EUR/USD trader profited on a binary options platform. GBP/USD Aims Lower- July 12, 2012 The GBP/USD attempted to break higher in yesterdays trading, topping out at 1.5577 and piercing the Weekly Pivot at 1.5553 The pair failed to reach the Monthly Pivot by only 5pips due to previous daily closes lining up as resistance at 1.5564. EUR/GBP Daily Outlook July 12, 2012 EUR/GBP fell, and then bounced on Wednesday in order to form a hammer. The fact that this hammer has appeared at roughly the 0.79 level suggests to me that a bounce is coming. AUD/USD Daily Outlook July 12, 2012 AUD/USD managed to rally during the session on Wednesday as it ran to the 1.03 resistance area. This was an area that's all significant resistance last week, and in fact is also the top of the shooting star from last week on the weekly charts. EUR/USD Daily Outlook July 12, 2012 EUR/USD fell during the Wednesday session as the Euro continues to suffer at the hands of the financial markets. This pair is showing a real "risk off" attitude lately, and as such it should be a surprise that we had a fairly benign attempted to rally in the early hours. Mid-Week Summary: July 9-13 The Euro weakened at the start of the new week against the US Dollar on heightened risk aversion in the market. The British Pound rose versus the US Dollar at the beginning of the week as well. Get the full updates on the major pairs here. Swissy Slips Lower- July 11, 2012 The Swiss Franc has slid lower against its counterpart the US Greenback, sending the daily chart higher. The Swiss currency slid another .78 cents bringing the pair to a new 13 month high at 0.98142 during the New York session yesterday. GBP/NZD Daily Outlook July 11, 2012 The GBP/NZD pair is one that I love to trade. This is mainly because I love to trade the Kiwi dollar in general. However, it isn't one I write about often as many traders are nervous about trading this pair. EUR/GBP Daily Outlook July 11, 2012 EUR/GBP fell during the session on Tuesday as the problems in Europe continue. With the Italian Prime Minister Mario Draghi stating that he could not rule out Italy needing bailout funds, this sent a lot of people running from the Euro during the session. EUR/USD Daily Outlook July 11, 2012 EUR/USD fell for almost all of the session on Tuesday as concerns about European debts continue. Adding to the negative outlook for Europe was the Italian prime minister saying in an offhanded way during the session that he could not rule out Italy needing to seek bailout funds. XAU/USD Breakout Looming Gold/USD or XAU/USD has formed a large Ax / Pennant formation on the Daily, Weekly & Monthly charts.With each time frame we step up, the formation becomes more visible until you reach the Monthly where it sticks out like cruise ship in the Sahara. GBP/JPY Daily Outlook July 10, 2012 The GBP/JPY pair had a slightly bullish session on Monday in order to bounce from the bottom of the recent consolidation area. The pair looks as if it is ready to continue the sideways move, and one of the best things about this market is that I feel is so clearly defined. AUD/USD Daily Outlook July 10, 2012 The AUD/USD pair fell recently during the Monday trading session, but bounce to form a hammer showing support at the 1.02 level. This isn't much of a surprise, as the 1.20 area was the previous high, and the fact that we are just now delving into the massively bullish candle from two Fridays ago. EUR/USD Daily Outlook July 10, 2012 EUR/USD had a mildly bullish session on Monday as the selloff from the last three days will have undoubtedly been considered to be a bit over done by many in the Forex markets. EUR/USD Technical View- July 10, 2012 Our signals expert brings you a technical view of the EUR/USD pair. See the recommendation of how to proceed and which direction the EUR/USD is headed. Weekly FX Forecast- July 9, 2012 See what's in store for the major pairs this week especially after the Non-Farm payroll last Friday. Are we buying or selling this week? Find out here. Successful Trades on July 9, 2012 According to the analysis of the USD/CAD and EUR/USD trader profited on a binary options platform. USD/CHF Aiming For Parity? The USD/CHF closed above the 16 month high on Friday and now has a pretty clear shot at 1.000 with only 1 main hurdle standing in the way, and S/R zone not tested since 2010 at 0.9908 about 140 pips from where price is at time of writing. USD/JPY Daily Outlook July 9, 2012 The USD/JPY pair fell during the Friday session as the nonfarm payroll number came out weaker than expected. This move wouldn't have been unexpected, but what I do find interesting is that the 79.50 level has offered support again. USD/CAD Daily Outlook July 9, 2012 USD/CAD surged on Friday as the" risk off trade" came back into play. The oil markets got slammed on Friday, so naturally the Canadian dollar suffered as well. EUR/USD Daily Outlook July 9, 2012 The EUR/USD pair plunge during the Friday session in reaction to a weaker than expected jobs around the United States as traders simply wanted to cover riskier assets. This of course pushes money into the US treasury markets, and as a result brings down the value of the Euro as the Dollar is been up. USD/JPY Daily Outlook July 6, 2012 USD/JPY again captures my attention for the session as it continues to lurk around the vital 80 handle. For months and months we have seen the 80 level be an area where price reacts over and over. The area is obviously important to someone with serious money, and as such I am very interested in it. NZD/USD Daily Outlook July 6, 2012 NZD/USD had a back-and-forth session on Thursday as traders that we could not make a decision on the risk appetite of markets in general. This makes sense, as the nonfarm payroll number comes out later today, and this of course will rock the risk appetite of the markets currently. EUR/USD Daily Outlook July 6, 2012 EUR/USD fell for most of the session, as the European Central Bank cut rates early in the day. The ECB cutting of the rate from 1% to 0.75% was widely expected, but it does appear that the bank is becoming more and more dovish. Successful Trades on July 5, 2012 According to the analysis of the GBP/USD and EUR/USD trader profited on a binary options platform. Mid-Week Summary: July 2-6 Catch up on how the major Forex pairs have been doing this week and see where they are headed. Don't let the American holiday interfere with your trading plans! GBP/USD Aims Lower- July 5, 2012 The week before last the GBP/USD retraced to the 50% level of the Bearish run that lasted for the entire month of May, before heading lower again, and only to be pulled right back up by investors reaction to the EU Summit news as well as fund managers, banks, and private investors covering their positions at the end of the second quarter. USD/JPY Daily Outlook July 5, 2012 USD/JPY had an interesting day on Wednesday to say the least. The pair initially fell during a "risk off" type of environment, but did manage to bounce late in the day in order to form a hammer. GBP/USD Daily Outlook July 5, 2012 GBP/USD fell for the session on Wednesday as many of the traders will have felt better about taking exposure to the British pound off of their books. This is because of the Bank of England's monetary policy decision later today, and the unknowns that always come with that type of announcement. EUR/USD Daily Outlook July 5, 2012 The EUR/USD pair had a negative day during the session on Wednesday. This really shouldn't be a huge surprise, as it is normally the Americans to step in and buy the Euro in general. With the Americans gone for the Independence Day holiday, there really was nobody left to buy it as the native traders tend to be the one to sell it. Successful Trades on July 4, 2012 According to the analysis of the AUD/USD and EUR/USD trader profited on a binary options platform. EUR/USD Poised to Break Higher? Although many investors, traders and analysts are predicting that it is only a matter of time that the EUR/USD will begin to fall back into its Bearish trend, the daily chart has an almost text book perfect Ax or Hatchet formation that indicates it is getting ready to break higher. AUD/USD Daily Outlook July 4, 2012 AUD/USD rose slightly during the session on Tuesday as it refused to pullback after the massive surge late last week. This is a very bullish sign for the short term, as the 1.0250 level has been overcome as well. GBP/JPY Daily Outlook July 4, 2012 GBP/JPY has been fairly quiet over the last 48 hours, which isn't necessarily bad surprising considering all of the risk in the markets over the course of this week. This pair does tend to be very risk sensitive, and as such many traders would be a bit nervous getting involved at this point in time. EUR/USD Daily Outlook July 4, 2012 The EUR/USD pair had a slightly positive tone to it during the Tuesday session. The fact that the 1.25 level still hasn't been violated to the downside does state the obvious: the 1.25 level is an area where certain traders feel there is value in this currency pair. EUR/USD Signal- July 3, 2012 Get your EUR/USD trade in before the July 4th holiday! See where this pair is trending with this free Forex signal. AUD/NZD Set to Resume Bearish Trend The RBA left the interest/cash rates unchanged at 3.5 %, a move most investors were expecting and at time of writing has only caused a minor drop in the Aussie Dollar against other currencies like the Greenback and the Kiwi. XAU/USD Signal- July 3, 2012 Do you like to trade the Gold and US Dollar? Get the free Forex signal for this pair and find your stop loss now. USD/JPY Signal- July 3, 2012 What is the recommendation for the USD/JPY pair? Get the information here with this free Forex signal. USD/CAD Signal- July 3, 2012 See which direction the USD/CAD pair is trending with this free Forex signal by DailyForex.com CHF/JPY Signal- July 3, 2012 Using the Ichimoku method, DailyForex brings you a free Forex signal for the CHF/JPY pair. GBP/NZD Daily Outlook July 3, 2012 GBP/NZD is a currency pair that many traders overlook, which is too bad as both currencies are majors. The spreads on this particular pair aren't bad - typically around seven pips and the moves can be very deliberate and straightforward. AUD/USD Daily Outlook July 3, 2012 AUD/USD had a fairly quiet session on Monday as traders came back from what has been a relatively calm weekend. With this in mind, the fact that the nonfarm payroll Friday is coming up and the Independence Day holiday in America is on Wednesday, it's not a huge surprise the markets were quiet. EUR/USD Daily Outlook July 3, 2012 EUR/USD found itself on the back foot Monday as the euphoria waned yet again. The reality has been that every time the Europeans come up with some type of solution, the markets get excited for a few moments, and then probably selloff yet again. It looks that it may be happening again, although it is a bit premature to declare this obviously. Successful Trades on July 2, 2012 According to the analysis of the USD/CAD and EUR/USD trader profited on a binary options platform. Weekly FX Forecast- July 2, 2012 Don't let the American holiday discourage your trading this week. Check out the Weekly Forex Forecast of the major pairs and trade wisely! Weekly USD/CAD Bull Flag? The US Dollar took a tumble last week due to slightly lower than expected economic numbers, as well as investors rushing back to the EURO after the now well known news from the EU Summit meetings. As a result, most currencies across the globe increased in value mirroring the decline in the USD. CHF/JPY Daily Outlook July 2, 2012 The CHF/JPY pair is one that many people don't trade. I believe this becomes a self-fulfilling prophecy as both of these currencies were once considered safe havens. The truth is that the pair is quite a bit different than it used to be, mainly because of the Swiss National Bank and its fight against the appreciation of the Franc. USD/CAD Daily Outlook July 2, 2012 The Canadian dollar saw a massive surge in value during the Friday session as the "risk on" trade came into play. This was especially obvious in the oil markets, which saw the light sweet crude markets gain 9% during the session. EUR/USD Daily Outlook July 2, 2012 The Euro had an absolutely wild session on Friday in reaction to some fairly vague announcements out of the European Union summit. There seems to be a plan in place to capitalize Spanish banks directly, as opposed to going through the sovereigns which had been part of the headaches previously. EUR/USD Signal- June 29, 2012 Before you end your trading for the weekend, check the trade follow up on the EUR/USD pair with this free Forex signal. CAD/JPY Daily Outlook June 29, 2012 CAD/JPY fell during the session on Thursday as the oil markets gave way. As many of you know, the Canadian dollar is driven mainly by the crude oil markets, but many of you won't know that the Japanese import 100% of their oil. AUD/USD Daily Outlook June 29, 2012 The Australian dollar had a pretty wild day during the Thursday session. This makes sense, as a lot of people are trying to figure out which direction the worldwide economy is going. With so many conflicting signals, although a majority of them are negative, it makes sense of the Australian dollar will suffer. EUR/USD Daily Outlook June 29, 2012 EUR/USD has been a bit wild lately, as traders try to figure out what's going to come out of the European Union meetings. If history is any guide, it will be much in the markets will be disappointed in the politicians yet again. Successful Trades on June 28, 2012 According to the analysis of the AUD/USD and EUR/USD trader profited on a binary options platform. AUD/USD Heads Higher The Australian Dollar continues to gain against the Greenback during Asian trading with a high at time of writing of 1.01244. The Bullish Flag formation that we spoke of previously appears to be valid as price has now pushed above the Weekly Pivot at 1.0088 but is hitting resistance at some previous lows from May 6 & 7. GBP/CHF Daily Outlook June 28, 2012 GBP/CHF had a slightly negative session on Wednesday as the markets fell to retest the 1.50 level for support. This pair is one that I don't cover very often, but is without a doubt one that can produce fireworks from time to time. AUD/USD Daily Outlook June 28, 2012 AUD/USD had another bullish session on Wednesday as traders take advantage of the bounce found at the parity level. The Australian dollar of course is one of the most favored risk assets for currency traders, and as such we may be seeing a little bit of pre-European summit buying. EUR/USD Daily Outlook June 28, 2012 EUR/USD fell just slightly during the Wednesday session as the market prepares for the European Union’s summit meeting over the next 48 hours. Because of this, is very possible this pair may do very little over the next two days. USD/JPY Signal- June 27, 2012 Using the Ichimoku method, see where this pair is headed with free Forex signal. GBP/USD Signal- June 27, 2012 Before the day is done, be sure to check out this free Forex Signal for the British Pound and US Dollar. Successful Trades on June 27, 2012 According to the analysis of the AUD/USD and GBP/USD trader profited on a binary options platform. Mid Week Summary: June 25-29 Catch up on your favorite currency pairs with this mid week Forex summary. Use this as a guide for your trading the rest of the week! USD/SGD Breaks Formation Like most of the pairs tied to the US Dollar, the USD/SGD daily chart has printed a nice bullish flag formation, and has actually broken out of the descending channel with the last 2 daily candles that have printed. EUR/USD Signal- June 27, 2012 Follow up on Monday's EUR/USD Signal with this update on where this pair is headed. The Euro is still trending up! Get the details here. AUD/USD Daily Outlook June 27, 2012 This pair could be a bit of a tough one to trade in the near term. After all, the Australian economy is heavily influenced by the mining sector, and this is heavily influenced by exporting to places like China. In fact, one of the best ways to think of the Aussie is to trade it as a proxy for the Yuan. GBP/USD Daily Outlook June 27, 2012 Cable managed to bounce higher on the Tuesday session as the Pound had a fairly decent day all around the Forex markets. The GBP gained against the Dollar, the Franc, and the Euro in unison, and it appears that the Pound might be a possible “safe haven” of sorts at the moment. EUR/USD Daily Outlook June 27, 2012 EUR/USD had a very calm session on Tuesday as the world of Forex still looks forward to the European Union summit on Thursday and Friday. The markets had been very generous previously with these summits, as the participants would buy the Euro in anticipation of finally getting a comprehensive result from the meetings. Successful Trades on June 26, 2012 According to the analysis of the EUR/GBP and EUR/USD trader profited on a binary options platform. AUD/USD Daily Outlook June 26, 2012 The Aussie dollar isn’t one of my favorite currencies at the moment. See why here in this full technical analysis. EUR/GBP Daily Outlook June 26, 2012 EUR/GBP has been one that I have been very interested in lately, as the pair is currently looking to break a major bearish flag, and the Euro is so unloved at the moment. The 0.80 level is right there as well, so a lot of things are lining up at the same time – something I like to see. EUR/USD Daily Outlook June 26, 2012 EUR/USD is the absolute center of attention for most Forex traders at the moment. With the seemingly never ending drama in the EU, there is almost always going to be a headline to react to. NZD/USD Heading Lower The Kiwi has retrace just a little higher than the 61.8% retracement level of the Bearish run that started in April and ended at the beginning of June. Price reacted with a very bearish power candle after hitting 0.80146 and has been consolidating just above the 62EMA at 0.7850 for the last 2 trading days. Successful Trades on June 25, 2012 According to the analysis of the USD/CAD and EUR/USD trader profited on a binary options platform. USD/CHF Signal- June 25, 2012 Our expert signals trader is recommending to sell and hold the USD/CHF pair. Get the full signal here. EUR/USD Signal- June 25, 2012 The EUR/USD pair is trending up! Get the free Forex signal here and see if you can profit today. GBP/CHF Daily Outlook June 25, 2012 GBP/CHF is a pair that I don't often talk about, but it is one that can offer strong returns as it does tend to trend in move so rapidly in one direction or the other. In the current environment, the Swiss National Bank has been working against the value of the Swiss franc actively. USD/JPY Daily Outlook June 25, 2012 USD/JPY is a pair that I have been watching for some time now. With the Bank of Japan working in the shadows, there has been somewhat of a natural bid in this market. Granted, the pair has many should drift lower but we have seen a bit of support as the 78 handle. EUR/USD Daily Outlook June 25, 2012 On Friday, we again saw a relatively flat Euro based upon the fears in that region. The region continues to be the epicenter of all things Forex related, and the news flow has been moving this pair back and forth rather violently from time to time. Bearish Continuation for AUD/USD The Australian Dollar is looking weaker against the American Greenback again as the pair kissed the 61.8% retracement level at 1.0207 last week and printed a strong Bearish candle the next day. USD/CAD Signal Update June 25, 2012 See where the USD/CAD pair went after last week's signal and where it is headed. This pair is trending down. Get the signal here. NZD/USD Signal- June 25, 2012 Begin the trading week with this Forex signal for the NZD/USD. See where it is trending and find your target now! GBP/USD Aims Lower Yesterday the GBP/USD reached the 50% retracement level of the Bearish move that began on April 30th at 1.63007 and ended after establishing a higher 6 month low at 1.52675. AUD/CAD Signal June 22, 2012 Before you end your trades as the weekend approaches, see what our expert trader recommends for the AUD/CAD pair with this free Forex signal. GBP/USD Daily Outlook June 22, 2012 The cable had a rough go at it on Thursday as the risk appetite of traders around the world soured. The concerns of global slowdown seemed to be validated as the Chinese, Americans, and Germans all posted bad economic numbers during the session. EUR/JPY Daily Outlook June 22, 2012 EUR/JPY has been in a massively bearish trend for some time now. However, over the last month or so, we have seen a bit of a rally. The real question when something like this happens is whether or not it is a rally, or merely a pullback. EUR/USD Daily Outlook June 22, 2012 The EUR/USD pair got absolutely whacked during the Thursday session as the risk appetite fell off of a cliff during the trading session. The pair has been a very consistent one – simply sell when everyone starts buying again. Successful Trades on June 21, 2012 According to the analysis of the USD/JPY and NZD/USD trader profited on a binary options platform. AUD/NZD Signal - June 21, 2012 Check out this free Forex AUD/NZD Signal, get your target and profit out of this. Kiwi Continues Climbing The Kiwi (NZD/USD) continues is march higher after Statistics New Zealand released its quarterly GDP number showing growth of 1.1%, much better than the forecast 0.5%. USD/JPY Daily Outlook June 21, 2012 The USD/JPY pair has been one that has been a bit of a battlefield between two central banks that are racing towards the bottom when it comes to the value of their own currencies. The Bank of Japan has been actively working against the Yen, and the most recent move was an expansion of the asset purchase program by a whopping ten trillion Yen. NZD/USD Daily Outlook June 21, 2012 NZD/USD is one of my favorite pairs to trade. It is a great expression of global risk appetite, and as a result it is quite often a “binary” set up when it comes to trading it. Simply put, if everyone is comfortable with taking a bit of risk, this pair rises over time. EUR/USD Daily Outlook June 21, 2012 EUR/USD had a wild session as the Federal Reserve had a news conference after spending two days in a meeting to decide monetary policy. The Fed decided that it would continue “Operation Twist”, and as result bought itself some time in the current crisis. EUR/USD Signal- June 20, 2012 While you are waiting for today's big announcement from the Federal Reserve, see where the EUR/USD is headed with this Forex signal. EUR/NZD Double Bottom And now for something a little different...the EUR/NZD is definitely not one of the 'major' currency pairs but offers some nice trading opportunities all the same. Yesterday the pair printed a pin bar with a long tail and a close higher than open, after making a higher low on the Daily Chart. PLN/JPY Daily Outlook June 20, 2012 Ever trade the Polish Zloty? The PLN is a risk currency. It rises when the world feels good, much like the NZD as it is an emerging market. Think of it as the Euro on steroids in this sense. You obviously know that the Japanese yen is a “risk off” currency. AUD/USD Daily Outlook June 20, 2012 The AUD/USD pair has been one that has been fairly straightforward lately: Simply buy on the dips. Of course, you would have had to been willing to go against a nasty fall over the month of May, and simply let the trade do its thing. EUR/USD Daily Outlook June 20, 2012 EUR/USD will be the main focus of the Wednesday trading session in my estimation. With the Federal Reserve set to make an announcement that could even include more easing, and the Greek lawmakers supposedly coming to some kind of deal between three different parties, there is a real chance of fireworks today. Successful Trades on June 19, 2012 According to the analysis of the AUD/USD and EUR/USD trader profited on a binary options platform. AUD/USD Marches Higher The AUD/USD continues to steadily climb away from the low it established at the beginning of June after pausing at par for a few days. Now the pair is within reach of the next major resistance level at 1.0246 where it has clearly established a level of Support & Resistance. USD/CAD Daily Outlook June 19, 2012 USD/CAD continues to be a focus of my trading lately, as the economic situation worldwide has put the oil markets into the forefront of the trading world. In fact, it even appears that the economic situation is finally gaining the upper hand to headlines and rumors as the Iranian situation simply cannot move the price of oil any longer. EUR/GBP Daily Outlook June 19, 2012 EUR/GBP is somewhat like the “red headed stepchild” of the Forex world. This is a pair that just doesn’t get any respect, which is ironic as it features two of the biggest currencies in the world, and so much interest is being shown in the drama that affects this part of the world. EUR/USD Daily Outlook June 19, 2012 EUR/USD is a complete mess. In fact, it only reflects whatever scheme the Europeans are trying to pull off at the moment. Quite frankly, the Euro and European Union is a completely flawed concept, and it appears that we are finally seeing the realization of the ridiculous concept of the currency. USD/CAD Signal- June 18, 2012 Check out this free Forex USD/CAD Signal, get your target and profit before the day is done. Successful Trades on June 18, 2012 According to the analysis of the USD/CAD and EUR/USD trader profited on a binary options platform. Conflicting Patterns on XAU/USD Charts Taking a break from the speculation over Greek Elections, Spain & the future of the EU, today we will focus on a commodity that will always have value...Gold. Weekly FX Forecast- June 18, 2012 Start your week right with the Forex Forecast, see where the major pairs will be headed, and whether they will be affected by the Greek elections. USD/JPY Daily Outlook June 18, 2012 USD/JPY has been an interesting battle between two central banks that are trying to kill off the value of their own currencies over the last several months. In fact, the Yen has increased in value, and this means Japan has been “losing.” The idea of course, it to make your currency cheaper so foreigners will look to buy your exports. USD/CAD Daily Outlook June 18, 2012 USD/CAD is an interesting pair in my opinion. It can be a play on oil prices, the US jobs market, and even gold at times. The pair is currently retracing from a fairly strong move higher, and because of this we have to ask a lot of questions about this pair. EUR/USD Daily Outlook June 18, 2012 EUR/USD will be the focus of everyone in the Forex world when markets open back up for trading in Asia on Monday. This pair is without a doubt the one that will either make a lot of money for everyone, or send a lot of people into the doldrums. USD/CAD Signal- June 15, 2012 This USD/CAD signal is brought to you by Fibonacci level method. Check out this pair's free signal! AUD/USD Extends Gains The AUD/USD is approaching the 50% retracement level and the Daily 62 EMA 30 minutes after London's equivalent to New York's'Wall Street', often referred to as 'The Square Mile' or 'The City', began its trading day. NZD/USD Daily Outlook June 15, 2012 The NZD/USD pair will more than likely have a big move in the next couple of trading sessions. This isn’t anything related to the United States, or even to Auckland. Rather it is all based upon the Greek elections on Sunday. USD/CAD Daily Outlook June 15, 2012 USD/CAD had a bearish session as the oil markets popped nicely during the Thursday trading day. The Canadian dollar gained as a result, and there is open talk about potential Federal Reserve easing now. This will work against the value of the US dollar, and by extension make it so that it takes more of them to buy oil. EUR/USD Daily Outlook June 15, 2012 EUR/USD had an interesting session on Thursday as the Euro gained on a lot of different forms of speculation. We have seen this over and over: traders will get bored of selling, and come up with a laundry list of possible reasons for the Euro to rally. Successful Trades on June 14, 2012 According to the analysis of the USD/CAD and EUR/USD trader profited on a binary options platform. AUD/USD Daily Outlook June 14, 2012 AUD/USD has the potential to be one of the most interesting pairs in the near term. This is mainly because of its well known correlation to risk appetite around the world, and the obvious correlation with commodities on the whole as well. GBP/USD Daily Outlook June 14, 2012 Cable struggled again during the Wednesday session as the latest round of buying simply seems to be grinding to a halt at this point. The move lately has been to the upside, but when put into the context of the last couple of months, we aren’t even all the way back to the 38.2% retracement level form the fall yet. EUR/USD Daily Outlook June 14, 2012 The EUR/USD pair is obviously the focus of Forex traders these days. You simply cannot go to a financial website, forum, or channel without hearing the debt crisis in Europe being mentioned. USD/CAD Support Holds The Loonie has been losing its battle with the USA's Greenback all week after taking back some ground last week to the tune of 38.2%. The start of the trading week saw a roughly 40 pip bearish gap and then a 96 pip +/- move upwards in response. USD/CHF Signal- June 13, 2012 This USD/CHF signal is brought to you by the Elliot Waves and Fibonacci level method. See which direction this pair is headed! EUR/USD Signal- June 13, 2012 For some the day may be ending, for others just beginning. Check out this free Forex EUR/USD Signal, get your target and profit before the day is done. Successful Trades on June 13, 2012 According to the analysis of the USD/JPY and EUR/USD trader profited on a binary options platform. GBP/JPY Signal- June 13, 2012 Do you trade the British Pound and Japanese Yen? Check out this signal using the support and resistance method. DailyForex Signal Update June 13, 2012 Get the updates for the signals posted yesterday on DailyForex.com EUR/GBP Daily Outlook June 13, 2012 EUR/GBP has been falling for some time, but recently has seen a bit of a bounce. The most recent action has been a bit of a grind higher, and as such it has taken a back seat in my order of preference as I prefer an easy and obvious trade. USD/JPY Daily Outlook June 13, 2012 USD/JPY has been a fairly quiet market lately, and for those that would take the time to understand the driving factors this wouldn’t be much of a surprise. The most important thing to think about in the market is the relationships of the central banks involved and the markets. EUR/USD Daily Outlook June 13, 2012 EUR/USD had a slightly positive day on Tuesday as the “risk on” trade came back into play. However, I found it very telling that the pair really couldn’t rise much in a session that saw whispers of Fed easing, sending the commodity markets, commodity currencies, and just about all risk assets rising over the course of the day. AUD/CAD Bullish Pennant The AUD/CAD has been forming a classic pennant formation on the daily chart suggesting that a bullish continuation is on the horizon. The pair has been bearish since January but shifted to a more bullish sentiment on May 23 and has since retraced roughly 38.2% since. AUD/USD Signal - June 12, 2012 This AUD/USD signal is based on Ichimoku theory, and it will help you find a position in today's volatile market. GBP/USD Ichimoku Signal- June 12 Check out this GBP/USD Forex signal based on Ichimoku Kinko Hyo and find your position in today's volatile market. EUR/USD Ichimoku Signal- June 12 This EUR/USD Forex signal is based on Ichimoku Kinko Hyo - check it out now! EUR/USD Signal - June 12, 2012 Check out this EUR/USD signal based on support and resistance theory, and find your profits in the Forex market. Successful Trades on June 12, 2012 According to the analysis of the USD/CAD and EUR/USD trader profited on a binary options platform. Loonie Takes a Hit The USD/CAD like most pairs tied to either the USD or the EURO took a hit today while investors return to the Greenback as the currency to keep. This has resulted in the USD climbing against almost every currency, and the Yankee's northern brethren felt the heat on the Loonie aka CAD. USD/CAD Daily Outlook June 12, 2012 Looking at this pair lately, it has been a strong case for a global slowdown. True, the two economies are very interconnected, but the reality is that the Canadians need a much stronger economy than the Americans do, in the sense that the Canadians produce so many commodities. NZD/USD Daily Outlook June 12, 2012 The Kiwi dollar has been a bit of a battlefield for traders that want to express the fear out there. The pair is less liquid than a lot of the majors, and as a result can move quickly on headlines, and we have more than enough headlines lately. EUR/USD Daily Outlook June 12, 2012 The EUR/USD continued to be the hotbed of problems in the Forex markets on Monday as the original gaps around the FX markets got reversed, and this market certainly wasn’t any different. It appears that the short covering rally was just that, and as traders looked at the deal for the Spanish banks they liked the “solution” less and less. Weekly FX Forecast- June 11, 2012 Don't start your trading week without this weekly Forex forecast of the major pairs! See where they are headed! AUD/USD Daily Outlook June 11, 2012 The AUD/USD pair has had a nice bounce as of late, and as such I have been waiting for a chance to sell it. With the price action on Thursday, I thought that I had a nice signal. However, the Friday action was a reversal candle in the form of a hammer, and this will have the bears a bit concerned, myself included. EUR/USD Daily Outlook June 11, 2012 EUR/USD continued to be the focus of the Forex trading world on Friday as rumors of a Spanish banking bailout hit the trading floors around the world. As the “hopium” spread, it became apparent that the stomach by the bears to hold over the weekend was very limited, and as a result a short covering rally took hold in the afternoon hours of US trading. EUR/GBP Daily Outlook June 11, 2012 EUR/GBP has been fairly quiet over the last week or so. This pair is a “grinder”, and one of my favorite pairs to have new traders try and learn on. This is mainly because it moves so slowly most of the time. Successful Trade on June 11, 2012 See how this trader profited from Colin Jessup's GBP/USD technical analysis on DailyForex.com GBP/USD Bullish in Asian Trading The GBP/USD started gaining strength on April 30th after hitting a high not seen since September 2011 but was not able to make a new low for the same time period, only trading as low as 1.5267 on June 01, 2012. AUD/USD Daily Outlook June 8, 2012 The AUD/USD pair has been sold off relentlessly over the last couple of months, as it is a risk sensitive pair. The falling of risk appetite has been especially tough on this pair, and the fall has been impressive. USD/CAD Daily Outlook June 8, 2012 The USD/CAD pair is one of my favorites at the moment. This is simply because the oil markets are falling apart, and this gives me a clean way to play that market without all of the heavy margin associated with the futures contract. EUR/USD Daily Outlook June 8, 2012 The EUR/USD pair was tossed around during the session on Thursday as one might have expected it to be. After all, the markets had rallied on the “hopium” of potential easing by the Federal Reserve that is coming, and the Chairman Ben Bernanke was getting ready to testify before Congress. Successful Trades on June 7, 2012 According to the analysis of the USD/CAD and EUR/USD trader profited on a binary options platform. USD/CAD Daily Outlook June 7, 2012 USD/CAD had a fairly bearish session on Wednesday as the oil markets got a much needed pop and bounce from support levels. The oil markets have been telling us of a global slowdown for a while and this bounce will more than likely be a simple matter of an oversold market calming down for the short-term. EUR/USD Daily Outlook June 7, 2012 EUR/USD had a strong session on Wednesday as the hopes of further easing out of the US continued. The ECB head Draghi also stated during a conference call during the session that the rest of the world underestimated the political will of the member states to keep the European Union and the Euro together. NZD/USD Daily Outlook June 7, 2012 The NZD/USD pair managed to bounce fairly hard during the session on Wednesday as the “risk on” attitudes came back into the fray. The pair is one of the most active in the “risk on, risk off” markets, and as a result has been pretty impressive in the scope of the fall lately. Mid Week Summary: June 4-8 Catch up on where the major Forex pairs have been headed with this mid week Forex summary. Successful Trades on June 6, 2012 According to the analysis of the USD/CAD and USD/CHF trader profited on a binary options platform. EUR/USD Daily Outlook June 6, 2012 The EUR/USD pair has been sold off rather ruthlessly over the last several weeks. The pair has been the center of the concerns over the last several weeks, and with all of the drama in Europe is isn’t much of a surprise. USD/CHF Daily Outlook June 6, 2012 The USD/CHF pair has been fairly quiet over the last couple of sessions as the markets are looking for clues as to the next move by a couple of central banks. The Federal Reserve is expected to possibly ease further, and this has weighed upon the value of the US dollar over the last couple of sessions. USD/CAD Daily Outlook June 6, 2012 The USD/CAD pair has had a rather bullish tone for some time now, as the oil markets continued to deteriorate. However, this pair saw a shooting star on the close for Tuesday, and this suggests that we are going to see a bit of a sell off at this point. GBP/USD Bullish Potential The GBP/USD continues to consolidate below 1.5450 with all of the price action taking place below this level as a result (likely) of the Bank Holiday's in the UK. Price action has printed 2 pin bar reversal patterns with the wicks testing the Weekly Support level at 1.5350 several times and failing to hold below. Successful Trades on June 5, 2012 According to the analysis of the EUR/USD and AUD/USD trader profited on a binary options platform. EUR/USD Daily Outlook June 5, 2012 The EUR/USD pair seems to have gotten the rumor bug again. This time, there is a lot of chatter about a possible European banking bailout system coming. The LTRO was the first incarnation of this and by most accounts wasn’t very successful. AUD/USD Daily Outlook June 5, 2012 The Aussie staged a fairly impressive comeback on Friday after the disappointing Non-Farm Payroll number out of America. It originally sold off, buy by the end of the session we saw many traders openly betting on further quantitative easing out of the Federal Reserve as the economic situation in the States seems to be slowing down. AUD/CHF Daily Outlook June 5, 2012 One of my favorite risk related pairs is the AUD/CHF pair. This is because we have to currencies that are complete polar opposites in this market. The Aussie is well known for its relationship to risk assets such as gold, copper, and many other hard commodities. Successful Trades on June 4, 2012 According to the analysis of the USD/CAD and AUD\USD trader profited on a binary options platform. DailyForex Signal Update- June 4, 2012 In order to protect your profits get the urgent and recent updates for the EUR/USD, AUD/USD, USD/CHF, and USD/TRY Signals that were posted earlier today! AUD/USD Signal- June 4, 2012 Is the Aussie Dollar against the US Dollar trending up or down? This signal has all the answers for this pair. USD/CHF Signal- June 4, 2012 Like trading the Swissy? Check out this free Forex signal from one of our traders at DailyForex.com USD/TRY Signal- June 4, 2012 This pair may not be so common, but this trader brings you a free Forex signal for the US Dollar and the Turkish Lira. EUR/USD Signal- June 4, 2012 See what this trader recommends for the Euro and US Dollar using the Ichimoku trading method. EUR/USD Daily Outlook June 4, 2012 EUR/USD continues to be schizophrenic in its behavior. The Non-Farm Payroll number came out on Friday, and suddenly we have a complete rethink of the entire situation in this pair. What was once a straight forward analysis of “Europe bad, USA good” has suddenly become a question of whether or not the entire globe is slowing down. AUD/JPY Daily Outlook June 4, 2012 AUD/JPY is a pair that a lot of traders shy away from. This is because of the fact that it can move in massive swings, and being on the wrong side of the market can be very difficult for the newer trader to stomach. USD/CAD Daily Outlook June 4, 2012 The USD/CAD pair is a proxy for most people to play the oil markets. The Light Sweet Crude markets have absolutely crumbled, and as a result the Canadian dollar has suddenly found itself out of favor. AUD/USD Bullish Potential With the less than stellar numbers from the USA's Non Farm Payroll report as well as lower spending numbers from the ISM Manufacturing PMI, the USD is showing some signs of slowing its advances against other major and minor currencies alike. Weekly FX Forecast- June 3, 2012 Start your week knowing where your favorite pairs could be headed! This Forex Forecast has all the details you need. Can NFP Halt GBP/USD? The GBP/USD pair has been in a free-fall for the past 5 weeks. The pair has blown through Support & Resistance zones that have historically given the pair, at the very least, pause but hardly register as speed-bumps this time around. EUR/USD Daily Outlook June 1, 2012 The EUR/USD pair looks absolutely horrible at this point. The markets are currently trying to track down a massive amount of bad news and potential dangers out of Europe, and it seems that the risks are everywhere and growing by the day. It is under this umbrella of doubt that the Euro finds itself trading these days. AUD/USD Daily Outlook June 1, 2012 The Aussie has had a rough month. The Aussie is being beat up for several different reasons, most of which have very little to do with Australia itself, although retail numbers were soft recently. USD/CAD Daily Outlook June 1, 2012 The USD/CAD pair continued to rise in value on Thursday, and even managed to break above the 1.03 level that has been so resistive over the last week or so. The area is a significant resistance zone, so this move should signal more gains to come. DailyForex Signal Update May 31, 2012 Get updated on how our latest signals have been doing! Catch up on the signals that are still open and hopefully profit! Q3 2012 Forex Forecast See what's in store for the major Forex currency pairs during this next quarter! EUR/USD Daily Outlook May 31, 2012 The EUR/USD continues to line the pockets of the bears. It is astonishing to me that there are still people out there that think the bearishness in this pair is exaggerated, that somehow the European Union is going to wave magic pixie dust on the problems and suddenly the banks in Portugal, Spain, Greece, and Ireland are going to be strong. GBP/USD Daily Outlook May 31, 2012 The cable has been flittering around the 1.5650 level for a while now. Finally, on Wednesday we saw it give way. The move over the last several weeks has been brutal, but the truth is that the Dollar is the most wanted currency at the moment. AUD/USD Daily Outlook May 31, 2012 The AUD/USD has been a pair that has been absolutely beaten up over the last several weeks. It was just a couple of months ago that it was trading at the 1.08 level, and the fall has been stunning up until this point. EUR/USD Signal May 31, 2012 This expert trader traded this pair with eToro, Get this free EUR/USD Forex signal and visit DailyForex.com to learn how you can trade with eToro as well. XAU/USD Triple Bottom Gold had already tried 2 times in the last 2 weeks to break lower than 1526.90, and tried again in yesterday's trading wicking as low as 1532.60 but was unable to hold prices at this level and closed the day much higher at 1569.10. Successful Trades on May 30, 2012 According to the analysis of the EUR/USD and GBP/USD trader profited on a binary options platform. AUD/USD Signal- May 30, 2012 This trader is recommending to go short for this pair. Get the free Forex Signal and learn why. USD/CAD Signal - May 30, 2012 Using the Ichimoku method, this trader brings you a Forex signal for the USD/CAD pair. See where this pair is trending! Mid-Week Summary: May 28-June 1 Catch up on how the major pairs have been doing this week and where they are headed with this Mid Week Forex Summary. EUR/USD Daily Outlook May 30, 2012 The Forex markets tend to consolidate for long periods of time, only to be followed by sudden moves. It is the latter of the two possibilities that we have been in for some time, and these are the times that the best gains are to be found. GBP/USD Daily Outlook May 30, 2012 The GBP/USD pair has been very sick looking for a while now. The fall has been relentless as the Dollar has been king over the last several weeks during the latest concerns out of Europe. The Pound will suffer as this pair is a risk related market, and the fear out there is certainly real. EUR/GBP Daily Outlook May 30, 2012 The EUR/GBP pair doesn’t get enough respect from many of you out there. I believe this is because of the fact that while the EUR/USD pair will move 100 pips, the EUR/GBP pair might move something like 50. AUD/CHF Moves Higher The 'AUD' has been gaining on the Swissy or 'CHF' since hitting an 18 month low last week at 0.9224. The pair has been Bullish 7 of the last 9 trading days and appears to be heading for the 38.2% Fibo based on the 23 month high along with the 18 month low. Successful Trades on May 29, 2012 According to the analysis of the EUR/USD and USD/CAD trader profited on a binary options platform. USD/SGD Signal - May 29, 2012 Based on Elliott Waves and Fibonacci, this free signal will offer you unrivaled insights into this currency pair. Find your position now! Loonie Showing Strength The Loonie's been weakening since April, but signs of strength are emerging. Get a pro trader's view here. EUR/USD Daily Outlook May 29, 2012 The EUR/USD pair continues to be the gift that keeps giving. By now, it should be absolutely obvious to you that the pair is to be sold, not bought. However, a lot of new traders hand money over to more experienced traders by going long a pair that is “obviously oversold”. NZD/USD Daily Outlook May 29, 2012 The NZD/USD pair is one of the most favored commodity currencies for me. The average trader tends to favor the Aussie, and while I certainly trade that currency, the Kiwi can give you much more of a “bang for your buck.” GBP/USD Daily Outlook May 29, 2012 The GBP/USD pair looks absolutely horrible. The action in this market has been straight down for several weeks, and there seems to be no real let up in it. The gap from the weekend was based upon the rumors of a European bailout fund for banks, but there is no confirmation of this rumor. Successful Trades on May 28, 2012 According to our analysis of the EUR/USD and USD/CAD today, trader profited on a binary options platform. Weekly FX Forecast- May 28, 2012 The US markets are closed today but that doesn't mean you can't prepare for what is hopefully a profitable week ahead! See where your favorite pairs are headed and what it means for you. EUR/USD Daily Outlook May 28, 2012 The EUR/USD has been the punching bag lately of Forex traders. This is probably because of how resilient it had been in the face of so many problems. Get the full analysis here. NZD/JPY Daily Outlook May 28, 2012 The NZD/JPY pair is one of my favorites to play when it comes to a global risk appetite inspired trade. Many traders will look to the AUD/USD, and sometimes even the AUD/JPY, but the Kiwi gets little love from them because most simply think it far too illiquid to trade. USD/CAD Daily Outlook May 28, 2012 The USD/CAD pair has been a straight shot up lately, and this will have caught many traders by surprise. It really shouldn’t though, as if you look at it historically – it likes to do just this. It will sit for a while, and then suddenly shoot in one direction. GBP/AUD Signal May 28, 2012 Using the Ichimoku trading method, DailyForex brings you a GBP/AUD signal. Get the target and stop-loss here. EUR/CHF Signal May 28, 2012 Want to know the recommendation for the Euro and Swiss Frank? This trader brings us a Forex signal that may make you profit. See why here! AUD/CAD Signal May 28, 2012 Start your week trading the Aussie and Canadian Dollar. Is the pair trending up or down? Find out here! EUR/USD Signal May 25, 2012 End the weekend with this EUR/USD signal. Did the Euro pick up? Will you profit? Find out here! EUR/USD Daily Outlook May 25, 2012 The EUR/USD pair has been falling day after day recently, and it was only the 1.25 level that could hold it up. At the end of the session the pair had formed a very bearish candle as the fears out of Europe continue. GBP/JPY Daily Outlook May 25, 2012 The GBP/JPY pair is one that a lot of traders fear. In my estimation, the pair truthfully isn’t much different than any other one. The misconception about this pair is stemmed from the fact that it is a slightly less liquid market, so it tends to move a bit quicker than EUR/USD, USD/CHF, or even USD/JPY. However, the mechanics aren’t any different. EUR/CHF Daily Outlook May 25, 2012 Trading the EUR/CHF pair is much like watching paint dry this year. The fact is that the pair simply isn’t moving, and the whole world knows why. Successful Trades on May 24, 2012 According to DailyForex's analysis of the AUD/USD and USD/CAD today, trader profited on a binary options platform. EUR/USD Daily Outlook May 24, 2012 The EUR/USD pair fell for much of the session on Wednesday as the concerns over the drama in that region continue to take the headlines. The markets will run to the Dollar as long as the Europeans cannot get it together and judging by recent action – this could be a while. USD/CAD Daily Outlook May 24, 2012 The USD/CAD pair shot straight up on the Wednesday session as the “risk off” attitude still remained king. The pair ran into the 1.03 resistance area though, and then promptly fell 60 pips or so. AUD/USD Daily Outlook May 24, 2012 The AUD/USD pair had a fairly wild day on Wednesday as the markets went between a “risk off” attitude and a “risk on” one. The original fall is simply a continuation of all of the problems in Europe and the potential Chinese slowdown weighing on the Aussie in general. JPY Still Gaining on USD The Japanese Yen is still holding its own against the US Dollar, possibly one of the few currencies this week that is. Although the Greenback has been attempting to break the descending trend-line on the daily chart, it has been unsuccessful over numerous attempts for the past 2 months. Successful Trades on May 23, 2012 According to DailyForex's analysis of the EUR/GBP and EUR/USD today, trader profited on a binary options platform. USD/SGD Signal May 23, 2012 The Singapore Dollar is popular today on DailyForex.com. See what this trader recommends for this pair with this free Forex signal. USD/CHF Signal May 23, 2012 Here is another Forex signal from our pro trader Fadi. See where this pair is headed using the Elliot Wave method. EUR/USD Signal May 23, 2012 Continue the week right with this free Forex EUR/USD Signal. It seems like the Euro is picking up! Get the analysis here. Mid-Week Summary: May 21-25 How have the major pairs been doing? Find out in this mid week summary of some of your favorite Forex currencies. EUR/USD Daily Outlook May 23, 2012 The EUR/USD pair continues to show massive bearish pressure on Tuesday as the drama from Europe seemingly never stops. At the end of the session, the former Greek Prime Minister Mr. Papademos stated that there was a “real” risk of Greece leaving the European Union. EUR/GBP Daily Outlook May 23, 2012 The EUR/GBP pair had a horrendous day on Tuesday. The Euro continues to be the punching bag for the markets, and this pair was weak enough to close on the very lows – never a healthy sign for the bulls. USD/JPY Daily Outlook May 23, 2012 The USD/JPY pair has pulled back a significant amount since the breakout a few months back. The original move looked very strong, and we saw the market hit as high as 84 before falling back down below the 80 handle. Greenback Gains on Singapore Dollar Like most other common currencies in the Forex world today, the Singapore Dollar or USD/SGD has taken a step back against the rising greenback. EUR/USD Daily Outlook May 22, 2012 The EUR/USD pair had a bullish session on Monday as the bounce continued from the Friday short covering rally. The G8 meeting over the weekend produced the usual European reaction to the crisis, which is to simply agree to agree to talk about it later. AUD/USD Daily Outlook May 22, 2012 The Aussie dollar has been the punching bag of people like me for several sessions now. If you are someone that thinks the global economy is in more trouble that the leaders around the world are able to deal with, then selling the Aussie is an almost automatic reaction. USD/ZAR Daily Outlook May 22, 2012 Have you ever heard of the ZAR? This pro trader tells you all about this exotic pair and where it is headed today. Bulls Taking Back AUD/USD? Last week I wrote about a possible Bullish reversal at 0.9825, a long standing S/R zone going back to 2008. The pair did indeed turn Bullish at this level, but is it an actual trend reversal or simply a retracement before heading further south? Successful Trades on May 21, 2012 Based on DailyForex's analysis of the USD/CAD and EUR/USD traders profited on a binary options platform. Weekly FX Forecast May 21, 2012 Where are your favorite pairs headed? Find out in this weekly Forex Forecast from one of our pro traders. EUR/USD Daily Outlook May 21, 2012 The EUR/USD pair had a wild day on Friday as the G8 summit loomed. As it has done recently, the pair started out the day falling, only to bounce once the Americans were left alone to their devices. GBP/USD Daily Outlook May 21, 2012 The GBP/USD pair has had a roughly couple of weeks as the pair has lost over 400 pips in an almost straight shot down. The concerns of global slowdowns have traders buying the US dollar, and this pair hasn’t been any different. USD/CAD Daily Outlook May 21, 2012 The USD/CAD pair has been one that has been very good to the scalpers out there for some time. However, on Thursday we got a significant breakout in this market as the 1.01 level gave way. This was the signal that I had been looking for in order to go long. EUR/USD Daily Outlook May 18, 2012 The EUR/USD pair formed a hammer on Wednesday that had me thinking that a bounce was coming. On Thursday, it fell even further. The market managed to break below the bottom of that Wednesday hammer, essentially voiding it. AUD/USD Daily Outlook May 18, 2012 The AUD/USD pair is one of the most interesting ones to trade at the moment as it is purely a “risk on, risk off” environment. The Aussie has a lot of different things sinking it at the moment, some of which originate out of Australia, and many others that don’t. GBP/USD Daily Outlook May 18, 2012 The GBP/USD pair has absolutely fallen apart over the last couple of sessions. This is ironic, considering how it seemed to be so resilient over the last couple of months, even as the Euro weakened, and risk wasn’t in favor on most days. Successful Trades on May 17, 2012 Based on DailyForex's analysis of the AUD/USD and EUR/USD traders profited on a binary options platform. EUR/USD Daily Outlook May 17, 2012 EUR/USD continued to show serious weakness on Wednesday as the pummeling continues. The latest headline out of the Union was that the European Central Bank was suspending monetary operations with several Greek banks as they didn’t have the proper recapitalization in place. AUD/USD Daily Outlook May 17, 2012 The AUD/USD pair has been beaten up pretty badly over the last several sessions. The risk appetite around the world continues to deteriorate, and as long as it does, the Aussie will suffer for it. The commodity markets all look weak, and as a result the Aussie will too. GBP/USD Daily Outlook May 17, 2012 GBP/USD is an interesting market at the moment. The pair continued to rise even as the risk appetite fell. However, the last couple of weeks have seen a bit of a pullback now, and the Wednesday session may have been the real start of something much more bearish. AUD/USD Possible Reversal? The AUD/USD chart printed a pin bar reversal pattern at a very strong level of support of 0.9925 closing just below the Weekly S1 at 0.9942 and kissing the Weekly S2 with its long wick at 0.9868. Successful Trades on May 16, 2012 Based on DailyForex's analysis of the USD/CAD and EUR/USD traders profited on a binary options platform. Mid-Week Summary: May 14-18 See how your favorite major pairs were doing so far this week and learn where they may be headed from this weekly Forex summary. EUR/USD Daily Outlook May 16, 2012 The EUR/USD continues to inflate trading accounts of those who have been shorting it and waiting for it to act “properly.” After all, it seems like just a week or two ago I and most of my trading friends simply couldn’t understand how this pair remained above the 1.30 level at all cost. USD/CAD Daily Outlook May 16, 2012 USD/CAD had a bullish session on Tuesday as the “risk off” trade continues. The commodity markets all took a beating as the Dollar reigns supreme. For all of the talk about the Dollar no longer being the safety trade, we are seeing yet another example of how this isn’t true. NZD/USD Daily Outlook May 16, 2012 The Kiwi dollar is one of my most favored ways to play the risk appetite of the markets on the whole. For example, when the stock markets around the world are happy and rising, this pair normally does quite well. USD/JPY Pullback or Reversal? The USD seems to be picking up momentum against numerous pairs lately, including the Japanese Yen. See why here. XAU/USD Signal - May 15, 2012 Check out this XAU/USD free Forex Signal from the experts at DailyForex.com Successful Trades on May 15, 2012 Based on Christopher Lewis's analysis of the EUR/GBP and USD/CHF traders profited on a binary options platform. USD/CHF Signal- May 15, 2012 Here is another signal for the USD/CHF pair using the Elliot Waves Method. Will you profit today? Find out here. EUR/USD Signal- May 15, 2012 Learn all about the EUR/USD and where it is headed with this free Forex Signal. EUR/USD Daily Outlook May 15, 2012 The EUR/USD pair continues to be the one that everyone talks about, and the fact that the Greeks simply seem like they cannot find some way to find a consensus in government will continue to push people into the Dollar. The pair simply looks weak, and the recent downturn has been a long time coming. GBP/USD Daily Outlook May 15, 2012 This pair has been very resilient over the last several weeks as the markets continue to worry and fret over the various issues in both Europe and China. The possibility of a global contraction certainly hasn’t done much for the risk appetite out there, and under normal circumstances, we would see this pair fall. EUR/GBP Daily Outlook May 15, 2012 EUR/GBP is a pair that a lot of traders I know ignore. It is truly too bad in my opinion as it is most certainly a match of two of the world’s major currencies. The pair is often overlooked in my estimation because of the fact that the average daily move is quite often only 30 or 40 pips. Uncertain Loonie The USD/CAD Daily Chart is, in my opinion a bit of a mess. Not anywhere near as bad as the EUR/CHF 1 Hour chart that resembles a seismograph detecting tremors in the earth, but still a mess. Successful Trades on May 14, 2012 Based on today's analysis of the GBP/JPY and AUD/USD traders profited on a binary options platform. EUR/USD Daily Outlook May 14, 2012 EUR/USD continued to grind lower on Friday as the pair still is the very center of the storm in the Forex world. The concerns are well known by now, but there seems to be a new headline that comes out every 24 or 48 hours that gives more weight to the bearish stance in this pair. Weekly FX Forecast- May 14, 2012 Want to know where your favorite major pairs are headed this week? Read the weekly forecast for EUR/USD and more! AUD/USD Daily Outlook May 14, 2012 The AUD/USD pair has been falling lately, as the world continues to worry about Chinese slowdowns and European debt issues. The Chinese have been showing signs of slowdown lately, and this will weigh upon the Aussie dollar as the Australians send so much of their raw materials to the massive factories on the east coast of China. USD/CAD Daily Outlook May 14, 2012 The USD/CAD pair has been range bound for some time now, and for traders that cannot trade in this type of environment, this pair has been very tough to make money in. Oddly enough, range bound markets are some of the trickiest for many of my trading friends, even though there is a well-defined boundary on both the top and bottom. GBP/JPY Signal- May 14, 2012 What is this trader's recommendation for the GBP/JPY pair? Find out in this free Forex signal from DailyForex.com CAD/JPY Signal- May 14, 2012 Start your week with a signal for the CAD/JPY pair using the Elliot Waves method. Silver Slowly Shrinking Silver is slowly shrinking against the US Greenback hitting its lowest point in 4 months on May 11 and seeming to have no reason to stop falling. EUR/USD Daily Outlook May 11, 2012 The EUR/USD pair continued to be a troublesome pair to trade on Thursday as the markets simply cannot sit still or even pick one direction for any real length of time. The pair has a recent history of whipping trading accounts around, and the last couple of sessions are the first signs of some semblance of a trend forming. USD/JPY Daily Outlook May 11, 2012 The pair technically broke out back in January, and the 80 level was the site of a massive move higher. The move caught a lot of traders off guard, and the short covering and newly implemented longs pushed the pair much higher in a very short amount of time. USD/CAD Daily Outlook May 11, 2012 The USD/CAD pair looks like a very interesting market to me at the moment. The pair has been very range bound over the last few months, and the oil markets have also been very confusing to a lot of traders as well. The commodity trade has been absolutely hammered lately, and this chart shows just how far the oil markets fell. Successful Trades on May 10, 2012 Based on Christopher Lewis's analysis of the AUD/USD and USD/CAD traders profited on a binary options platform. EUR/USD Daily Outlook May 10, 2012 EUR/USD fell again on Wednesday as the problems in the region continue to make headlines. The idea that there is a large amount of Europeans expressing through the ballot box that they are fed up with the austerity measures certainly weighs upon the market and sentiment regarding not only the Euro, but risk assets everywhere. AUD/USD Daily Outlook May 10, 2012 The AUD/USD pair fell hard on a Wednesday session that saw plenty of risk aversion in the marketplace. The pair is one of the favorite ways for traders to express their risk appetite, as the Aussie is so highly correlated to the commodity space, and to exporting to China. USD/CAD Daily Outlook May 10, 2012 The oil market forming a hammer at a massive support level is worth noticing. For those of you that don’t trade oil – it is one of the most technical markets out there. Sterling's Bearish Decent Halted? The GBP/USD traded as low as 1.6066 early in the New York session and rebounded to close at 1.6135. This price action formed a potential pin bar reversal off of the 50% retracement level for the period between the low on April 16 and the high of April 30th. Successful Trades on May 9, 2012 Based on Christopher Lewis's analysis of the EUR/USD and USD/JPY traders profited on a binary options platform. USD/CAD Close to Resistance Another day full of nerves passed by in Wall Street, the buyers are still not willing to give up and therefore we see bullish momentums during the trading session. The S&P 500 is facing the support of 1350-1360 points and a strong short-squeeze here might lift it to 1400 points. EUR/USD Daily Outlook May 9, 2012 The EUR/USD pair has been frustrating for those of us that expect its total destruction someday. The pair continues to fight at the 1.30 level, and by now everyone knows that someone is there defending the level. EUR/JPY Daily Outlook May 9, 2012 The EUR/JPY pair fell on the session for Tuesday as the “risk off” attitude came back into the world’s financial markets. This pair has a long history of being very sensitive to the stock markets and risk sentiment in general, so when things get a bit on the nervous side, this pair will fall under normal conditions. USD/CAD Daily Outlook May 9, 2012 The USD/CAD pair is one of the first ones people look to when they think of oil. While the oil markets certainly can be influential in this pair, there is a lot more to this market than most people think of. NZD/USD Approaches Key Support The Kiwi is approaching a key Weekly Support level at 0.7750 and has crossed below the 62 WMA for the first time in 6 months. Today's price action say the formation of another Bearish engulfing candle hinting that the brakes have not yet been applied on the pair's descent. Successful Trades on May 8, 2012 A trader profited on a binary options platform based on today's technical analysis. EUR/USD RSI & Fib Signal - May 8 Check out this EUR/USD free Forex RSI and Fib Signal from the experts at DailyForex.com AUD/USD On Strong Support The US stock markets opened the trading week on mixed territory as the industry index, Dow Jones, closed on the red zone and the other two main indices closed on the green territory. EUR/USD Daily Outlook May 8, 2012 The European Union had elections over the weekend in Greece, France, and Germany. While some of the election results were expected, some of the results in Greece had people concerned around the investing world as many of the new parliament members elected to go to Athens are stringently anti-austerity. AUD/USD Daily Outlook May 8, 2012 The Aussie gapped lower at the open for Monday as the world sold off risk assets in reaction to the election results in places like Greece, Germany, and France. The austerity packages are now in some kind of doubt, so this of course had the markets a bit jittery. USD/RUB Daily Outlook May 8, 2012 The Russian Ruble is one of my favorite petro-based currencies to trade. The USD/RUB pair is highly sensitive to both oil and risk attitude. The oil markets will of course weigh heavily on this pair as Russia is such a large producer of it, and the “emerging markets” aspect allows for it to be a “risk on, risk off” pair as well. Sterling Reverses At 38.2 The GBP/USD has completed a picture perfect 38.2% retracement with last weeks pullback off the highest level seen in almost 2 years. After hitting 1.63007 on April 30th, the pair fell for the next week to 1.6113, which is the Monthly Pivot as well as the 38.2% retracement level for the move up that started on April 16th of this year. EUR/USD Signal- May 8, 2012 Enjoy this EUR/USD Forex signal from one of our expert traders and see where this pair is headed. Successful Trades on May 7, 2012 A trader profited on a binary options platform based on Christopher Lewis's analysis. Declines of Stocks Support EUR/USD The bearish atmosphere took over Wall Street last week on the background of disappointing Non-farm payroll change. EUR/USD Daily Outlook May 7, 2012 EUR/USD had a rough end of the week on Friday. The US Non-Farm Payroll report came out at positive 115,000 jobs added in April and this pair originally rose as a result. After all, currencies are measures in a relative sense, and if the US is struggling then the market thought that the Europeans would be “not as bad”. AUD/USD Daily Outlook May 7, 2012 AUD/USD has been falling for some time now, and the pair had a particularly negative session on Friday. The pair looks as if the momentum is accelerating to the downside, and the 1.02 level giving way has certainly caught my attention. GBP/USD Daily Outlook May 7, 2012 GBP/USD fell on Friday as the Non-Farm Payroll numbers for the month of April out of the United States disappointed. The markets were expecting as much as 165,000 jobs added, but only got an addition of 115,000. Weekly FX Forecast- May 6, 2012 Start your week right with this Forex Forecast brought to you by an expert trader at DailyForex.com. EUR/USD Daily Outlook May 4, 2012 EUR/USD had another back and forth session on Thursday in order to finish the day relatively unchanged. There was an attempt to push the pair lower, but the end of the day saw many of the sellers covering, more than likely to get out of the market before the Non-Farm Payroll report that is coming out later today. USD/JPY Daily Outlook May 4, 2012 USD/JPY has been the one pair I have paid the most attention to over the last several weeks. The pair is simply at a crossroads, and I believe that this pair is about to make a serious decision on the future direction it takes. USD/CAD Daily Outlook May 4, 2012 The USD/CAD pair had a rough session on Thursday as the market first fell, and then popped at the end of the day. The pair is one of the most volatile ones when it comes to Non-Farm Payroll Fridays, and as a result it can be one of the high flyers for the day. EUR/USD Range Tightens The EUR/USD has been trading in an increasingly tighter range since January of this year, and as a result will soon reach a point where it will simply have to break one way or the other...my money is on higher. USD/JPY Signal- May 3, 2012 Here is another Forex signal using the Elliot Waves and Fibonacci Levels method. Good luck! EUR/USD Waits for the ECB The US stock markets closed on mixed territory yesterday on the background of disappointing ADP Non-Farm employment change data, which might indicate that the official data tomorrow will disappoint as well, but we will have to wait and see. EUR/JPY Signal- May 3, 2012 Does this trader recommend selling? Find out from this Forex EUR/JPY signal and get your target! Forex Market Update - May 3, 2012 As the end of the week approaches, see how your favorite pairs have been doing and where they may be headed. EUR/USD Daily Outlook May 3, 2012 EUR/USD fell hard on Wednesday as the downtrend line continues to keep the bulls at bay. The pair is one that I only sell – and sometimes get grief for doing so – but overall, you can’t help but think that Europe simply isn’t worth bothering with. USD/JPY Daily Outlook May 3, 2012 USD/JPY rose during the Wednesday session as the 80 level proved to be supportive. The last couple of days have seen this pair try to find a bullish tone, and as a result we now have the market trading above the 80 handle again. AUD/USD Daily Outlook May 3, 2012 AUD/USD fell for most of the session on Wednesday as the “risk off” attitude came back into the markets in general. As the price of commodities fall, the Aussie will often lose strength, so the move for the session wasn’t exactly shocking. Gold Headed To 1600 Again? XAU/USD has been trading in an ever tightening channel making lower highs and lower lows (for the most part) since the beginning of March. EUR/USD Signal - May 2, 2012 Get this EUR/USD signal based on Elliott Waves and Fibonacci from the pro trading desk at DailyForex.com. USD/CHF Signal - May 2, 2012 USD/CHF signal based on Elliott Waves and Fibonacci levels - check it out now to find your position. Successful Trades on May 2, 2012 See how one trader profited on a binary options platform based on Christopher Lewis's analysis. NZD/USD is Looking for Direction Wall Street closed the second day of the trading week in the green zone, as the ISM manufacturing data encouraged the investors. On the beginning of the day it looked like the indices were about to continue the negative momentum from Monday but strong data lifted the markets. EUR/USD Daily Outlook May 2, 2012 EUR/USD continued to chop around during the Tuesday session as the markets continue to try and digest the latest headlines. The European situation is widely known at this point, and the troubles in places such as Spain, Portugal, Greece, and now France will be part of the focus for market participants in the near term. AUD/USD Daily Outlook May 2, 2012 The AUD/USD pair plummeted during the session on Tuesday as the Reserve Bank of Australia cuts rates by .50%, twice as much as the market anticipated. Because of this, the reaction was almost immediate as the traders around the world had to adjust to this reality. GBP/USD Daily Outlook May 2, 2012 The cable pair has been a straight shot up over the last couple of weeks, and as a result it has been a tough bullish move to join at times. It simply looks overbought to a lot of traders, but won’t pullback very much in order to give those who are a bit more cautious a chance to be long of this market. AUD/USD at Key Support The Australian Dollar fell against the Greenback yesterday after the RBA unexpectedly cut rates. The Bears were stopped at the weekly S1 after falling 118 pips and price is currently slightly Bullish going into the London trading session. Successful Trades on May 1, 2012 See how one trader profited on a binary options platform based on Christopher Lewis's analysis for today. Crude Oil Outlook- May 1, 2012 Start the new month with this oil analysis by one of our expert traders, as the oil market is set to go sideways. USD/CHF Trades in a Triangle Wall Street opened the first day of the trading week in the red zone on the background of mixed data. Personal income was lower than expected and personal spending, which is vital to the economy was a bit higher that the consensus. EUR/USD Daily Outlook May 1, 2012 EUR/USD continues to be one of the more difficult pairs for traders as it simply cannot make a decision. The various forces that are pushing and pulling it are all important, and as such it is difficult to figure out which way it “should” be traveling at times. USD/JPY Daily Outlook May 1, 2012 The USD/JPY pair has recently seen a relentless march south as the world suddenly believes that the Federal Reserve is about to enter another round of quantitative easing in the near future. The pair has been one that many traders have been paying extra special attention to as the recent action suggested that we could have been changing trends. EUR/GBP Daily Outlook May 1, 2012 The pair rose during the session on Monday to hit the 0.8150 level again. The area was the site of support a few sessions back, and now as classic technical analysis tells us, this should be resistance. CAD/JPY Remains Bearish The Japanese Yen continues to strengthen against almost every other currency in spite of efforts from the BOJ to slow its progress. After Bouncing from the Weekly S2 twice in the past 3 weeks, the pair climbed to a 3 week high just shy of 83.00 by 3 pips and then turned Bearish again. Successful Trades on April 30, 2012 See how one trader profited on a binary options platform based on today's technical analysis of USD/JPY and USD/CAD. EUR/USD in Uptrend Channel Wall Street closed the best trading week in weeks and the indices are on the way to take over the 2012's picks. The three main indices created bullish reversal pattern during last week, as the most important one, the S&P 500, managed to close above 1400 points and it is just 20 points below the annual high. Weekly FX Forecast- April 30, 2012 Take a look at where the major currencies like EUR/USD and AUD/USD should be heading this week, and plan your weekly Forex trading smartly. EUR/USD Daily Outlook April 30, 2012 The EUR/USD pair had a strong day on Friday as the markets continue to digest the words of Ben Bernanke during the Federal Reserve’s news conference on Wednesday. USD/JPY Daily Outlook April 30, 2012 The Bank of Japan announced that it was expanding the purchase program it is currently running by another ten trillion Yen to a total of forty trillion. The program was also expanded to include buying ETFs as well as Japanese Government Bonds. Because of this, in normal circumstances the value of the Yen should have plummeted. USD/CAD Daily Outlook April 30, 2012 The USD/CAD pair is one of the choppiest of the major pairs. The market is often a real struggle between oil prices, the American employment situation, the building industry in the US, and commodity prices. Because of this, it is one of the most frustrating for people that I know in the Forex markets. EUR/AUD Bearish Continuation? The EUR/AUD daily chart is showing the possibility of a downward extension, or continuation after pulling back to the 38.2% retracement level on its fall from 1.4086 the first week of October 2011, to the 6 month low at 1.2132 in early February of this year. EUR/USD Daily Outlook April 27, 2012 EUR/USD continued the choppiness for most of the session on Thursday as the markets continue to digest all things European. However, as the US session came to a close, the two notch downgrade of Spain by S&P seems to have accelerated the losses that the pair had been starting to experience. GBP/USD Daily Outlook April 27, 2012 The GBP/USD has been showing significant strength over the last several sessions even as the United Kingdom has slipped back into recession. This is perhaps because members of the Bank of England openly mentioned the fear of a recession and inflation at the same time. USD/JPY Daily Outlook April 27, 2012 The Bank of Japan is expected to announce further easing during the session on Friday, in the form of expanded asset purchase programs. The Japanese Government Bonds will more than likely be the vehicle, and the only real question is going to be the amount of bonds they are going to purchase. NZD/USD Heading South The Kiwi has been making higher lows combined with Higher highs for the last 3 days, possibly indicating a break-out to the downside. EUR/USD Daily Outlook April 26, 2012 The EUR/USD pair had a fairly quiet session considering how important Wednesday was supposed to be for the overall direction of the US dollar. There were various concerns in the stock markets about the fact that the Federal Reserve could go on without further easing, and as a result this would have been good for the Dollar, and bad for stocks. CAD/JPY Daily Outlook April 26, 2012 The Japanese Yen is one of the most interesting currencies to me at the moment, as the Bank of Japan continues the quest to kill it off. The market will certainly have to pay attention to the Bank of Japan on Friday, as it is set to announce a furthering of the easing that it has started to undertake. EUR/GBP Daily Outlook April 26, 2012 The EUR/GBP is a direct measure of strength in these two currencies without the noise of adding the US dollar. With the recent troubles in Europe, it shouldn’t be surprising that the pair has been falling lately. Yen Continues to Strengthen The Japanese Yen appears set to head lower after its high in Wednesday's trading intersected perfectly with a descending trend-line from mid-March. Price closed below the Weekly Pivot at 81.22 on April 10, retraced exactly 38.2% and is now pushing lower again. Successful Trades on April 25, 2012 See how one trader profited on a binary options platform based on today's technical analysis of AUD/USD and USD/CAD. Mid-Week Summary April 23-27 See the mid week summary of your favorite major pairs, get updates and learn where they may lead the rest of the week. EUR/USD Daily Outlook April 25, 2012 The EUR/USD has continued to shop around over the last several weeks as the markets try to figure out the economic direction of the world at large. Since the EUR/USD pair is the most heavily traded financial instrument in the world, it is a proxy for economic expansion in general. USD/CAD Daily Outlook April 25, 2012 The oil markets are most often looked at as the driving factor in this pair. While there is certainly truth to this, it isn’t the only thing. In general, if the US is falling into economic decline, the pair will actually favor the Dollar, as Treasuries are bought, and the Canadians will sell less. AUD/USD Daily Outlook April 25, 2012 With the Federal Reserve meeting and news conference coming later today, this is one of the pairs that I will be watching. The main reason is that the Aussie is so tied to commodities, and gold in particular. GBP/AUD Set To Reverse? The GBP/AUD daily chart printed a Shooting Star formation at a strong area of Resistance that includes the Monthly R1 at 1.5712 and the Weekly R1 at 1.5672. Successful Trades on April 24, 2012 See how one trader profited on a binary options platform based on today's technical analysis of GBP/USD and USD/JPY. EUR/USD Daily Outlook April 24, 2012 The EUR/USD pair has continued to slam back and forth over the last several sessions, and the Monday session wasn’t much different. After all, the Dutch are now finding it difficult to agree on austerity measures, and now there is talk about snap elections in the Netherlands. GBP/USD Daily Outlook April 24, 2012 The United Kingdom is currently doing reasonably well, and the central bank there is now openly worrying about inflation. This means that higher rates are coming to England before they are in America, and this is one of the most fundamental and basic things that move a pair. USD/JPY Daily Outlook April 24, 2012 This week should be a big one for this pair. After all, both central banks will have an impact on the markets, as the Federal Reserve has a two day meeting on Tuesday and Wednesday, and the Bank of Japan in meeting later in the week. Sterling Aims Higher The GBP/USD had a great week last week against the Yankee currency the Greenback, climbing some 300 pips from the beginning of the week. Today we had a continuation candle print off of the Support zone of 1.6107, possibly indicating that the British currency aims to go higher. Successful Trades on April 23, 2012 A trader profited on a binary options platform based on Christopher Lewis's analysis of today. Weekly FX Forecast- April 23, 2012 Take a look at where the major currencies like EUR/USD and GBP/USD should be heading this week, and plan your weekly Forex trading smartly. Bullish Engulfing on Weekly EUR/USD The EUR/USD chart closed the weekly much higher than it opened and printed a bullish engulfing candle off of the strong support zone at 1.3000. While this is typically an excellent indicator that prices will move higher, it does not necessarily happen immediately. EUR/USD Daily Outlook April 23, 2012 The EUR/USD pair had a bullish session on Friday as the “risk on” attitude came back into the markets for the day. The Spanish managed to sell their bonds this past Thursday, although they had to sell them at slightly higher rates. EUR/GBP Daily Outlook April 23, 2012 The EUR/GBP pair has been fairly bearish over the last several weeks. The pair is a real contrast in fortunes, as the central banks of both economies are at polar opposite places as the European Union has massive problems, while the United Kingdom is showing signs of recovery. AUD/USD Daily Outlook April 23, 2012 This trader is bullish over the AUD/USD pair. See why here. EUR/USD Daily Outlook April 20, 2012 The EUR/USD pair has been waiting for the Thursday session for most of the week as far as I can tell. GBP/USD Daily Outlook April 20, 2012 The GBP/USD pair has been one that is in transition. The British Pound has long been thought of as a currency representative of the weak UK economy. USD/JPY Daily Outlook April 20, 2012 The USD/JPY pair continues to push higher over the last few sessions, and as a result I am more and more bullish of this pair each day. EUR/CAD Higher 30 Day Low The EUR/CAD reversed its descent today, climbing 116 pips in today's trading after rebounding from a Higher low the day before at 1.2929. AUD/USD Signal - April 19, 2012 Fadi Steitie, part of the DailyForex.com team, shares his insights on AUD/USD based on Fibonacci and Elliott Waves. USD/JPY Signal - April 19, 2012 Read this USD/JPY signal based on Fibonacci principles in order to find your place in the market. Successful Trades on April 19, 2012 Based on Christopher Lewis's analysis of the EUR/USD and USD/JPY traders profited on a binary options platform. GBP/USD Tries to Close Above 1.60 Wall Street keeps moving in zigzag as the stock markets closed on the red territory yesterday, though it looks like the momentum is with the bulls these days. The investors will look forwards today for important economic data, such as Philly manufacturing index, existing home sales and unemployment claims. EUR/USD Daily Outlook April 19, 2012 Europe continues to be the center of the financial universe as this pair moved in a back and forth manner on Wednesday. The most recent trend has been for the Europeans and Asians to sell this pair off, only to see the Americans pick it back up again. USD/JPY Daily Outlook April 19, 2012 There has recent been an expansion of the asset buyback program by the Bank of Japan, and this means that the central bank is buying more Japanese Government Bonds. This is akin to flat out printing more Yen out of thin air. As this continues, it will flood the market with those Yen, and make it a much less valuable currency in the long run. USD/CAD Daily Outlook April 19, 2012 The 0.99 level managed to cause a bounce in the pair on Wednesday. This area continues to hold as support, and the fact that the oil inventory number came out higher than expected gave this pair enough of a reason to lift and bounce from the level again. EUR/USD Holding Above 1.3100 The Fiber, or EUR/USD as most know it, is holding above 1.3100 and appears to be setting up to push higher according to the Daily Chart. Yesterday saw the pair trade as low as 1.3057 but, once again as it has many times at this level, the pair closed much higher at 1.3116. EUR/USD Signal - April 18, 2012 Check out this EUR/USD signal based on Fibonacci principles to find your profits in the market. AUD/USD Resistance by Downtrend Line The reports of YAHOO and Goldman Sachs lifted the US stock markets yesterday and the indices rose 1.6%. The results season causes extreme changes in the stock markets, which have a direct impact on the US dollar. USD/JPY Signal April 18, 2012 Enjoy the mid-week with this USD/JPY Forex Signal from one of our expert traders. Yen Gains on Kiwi: NZD/JPY The Japanese Yen is showing signs of strength across the board, and paired with the Kiwi aka New Zealand Dollar is no different. Yesterday the pair bounced off of the Weekly S1 at 65.53 and gained about 110 pips closing 13 pips above the Weekly Pivot. EUR/USD Daily Outlook April 18, 2012 The world’s stock markets rose in general on Tuesday, and the Dow Jones Industrial Average even managed to close just shy of a 200 point gain. The European indices acted very strong as well, and as a rule – this means “risk on”. However, the EUR/USD pair didn’t join the party. USD/JPY Daily Outlook April 18, 2012 The USD/JPY pair has been falling over the last two months in a fairly steady manner. However, it wasn’t that long ago that we saw this pair breakout above the 80 handle, which I suggested was a trend change in the making. It is through this prism that I look at this pair, as I notice several things happening at the same time in this market. GBP/USD Daily Outlook April 18, 2012 The GBP/USD pair has been very tight lately, and the market has been the haven of scalpers. The biggest problem that the British face is the fact that they are so closely tied to the European Union. Successful Trades on April 17, 2012 Trader that used today's technical analysis profited on a binary options platform. USD/CAD Resistance by the 200 SMA The US stock markets traded yesterday on mixed territory as the large technology stocks pulled NASDAQ down. The index is now close to the support at 2650 and a strong break-down might accelerate the declines. EUR/USD Daily Outlook April 17, 2012 The EUR/USD pair has been focusing on the Spanish debt markets lately, and with those ten years now offering more than 6%, concern is likely to enter the markets. The action on Monday showed no real evidence of this though, as the market sold off the Dollar on the whole. USD/CAD Daily Outlook April 17, 2012 The action over the last couple of weeks has been choppy, and with all of the concerns about the global economy slowing down, this of course would have adverse effects on commodities overall, and the oil markets in particular. USD/RUB Daily Outlook April 17, 2012 The Russian Ruble is a great petrocurrency play for Forex traders looking to take advantage of movements in the oil markets. While not all brokers offer this pair, the market is without a doubt one of the “cleanest” plays for the oil markets. Swissy Aims Lower Again The USD/CHF appears to be forming the right shoulder of a classic Head & Shoulders formation indicting that the Swiss Currency could gain once again on the Greenback and send the Daily charts into the lower territory. Successful Trades on April 16, 2012 See a pro trader that used our technical analysis to profit on a binary options platform. EUR/USD Signal April 16, 2012 EUR/USD Free Forex Signal from our expert trader using Elliot Waves and Fibonacci Trading. Good luck! HKD/JPY Signal April 16, 2012 Trade with the Hong Kong Dollar? This signal is for you! AUD/USD Signal April 16, 2012 Here is a AUD/USD free Forex Signal to get your week started right. Find your target now! EUR/USD Attempt to Break 1.30 The S&P 500 made a false break of the important support at 1370 points, but the sharp declines on Friday took the index down to the support area again, and a successful break-down this time might take it under 1340 points, which is the next significant support. Weekly FX Forecast April 16, 2012 Take a look at where the major currencies like EUR/USD and GBP/USD should be heading this week, and plan your weekly Forex trading smartly. EUR/USD Daily Outlook April 16, 2012 The EUR/USD pair is one that many traders love to fight about. While a lot of people have recently wondered how this pair can stay aloft, there are many different reasons that people have come up with. GBP/USD Daily Outlook April 16, 2012 The GBP/USD pair fell hard on Friday as the “risk off” attitude came back into the markets around the world again. The pair is a great barometer of the risk appetite of global markets, and as a result I find it a great way to see where some of the other markets may go. NZD/USD Daily Outlook April 16, 2012 The NZD/USD pair has recently been bullish. In fact, the pair has been for a couple of months when compared to the other commodity related currencies. This is most obvious when compared to the Aussie dollar, as that currency fell hard over the last couple of weeks while this one went sideways. GBP/AUD Reversal Potential Taking a little excursion into one of the more unique trading pairs to start off the trading week, we will have a look at the GBP/AUD. Last week the pair tested the same high as the week before and broke it by 10 pips, making a new high of 1.55008 as well as a lower low at 1.52583. EUR/USD Daily Outlook April 13, 2012 The EUR/USD pair got a bit of a boost on Thursday as a couple of the Federal Reserve members mentioned that the low interest rates will probably have to continue. USD/JPY Daily Outlook April 13, 2012 The USD/JPY pair has been one that I have followed quite a bit over the last several weeks. NZD/USD Daily Outlook April 13, 2012 The NZD/USD pair is one of the most favored pairs when it comes to expressing the risk appetite of traders. Kiwi Breaks Pennant Formation The Kiwi aka NZD/USD has been trading in an increasingly tighter range of 200 +/- pips for over 5 weeks now. Successful Trades on April 11, 2012 See how one pro trader used technical analysis to profit on a binary options platform. EUR/USD Daily Outlook April 12, 2012 The EUR/USD pair rose for the session on Wednesday, but failed to impress in doing so. When it comes to the Euro, there seems to be far too many issues out there that could influence the currency into a weak position and because of this – I simply am not looking to buy it at this point in time. USD/CAD Daily Outlook April 12, 2012 The USD/CAD pair has been a real grind over the last couple of months, and many of the people I know simply have been ignoring it. Here's why you shouldn't. USD/JPY Daily Outlook April 12, 2012 The pair originally broke out beyond the massive 80 resistance level to the cheers of the bulls. This signified a massive bullish move, and it looked like the trend changed at that point as a massive downtrend line had been broken as well. USD/CAD Testing Monthly R1 The Loonie has been trading around the Monthly Pivot at 0.99483 since January 29 of this year, trading a range between highs of roughly 1.0050 and lows of 0.9860. EUR/AUD Radar Signal - April 12, 2012 EUR/AUD is forming a head and shoulders on the 2H charts. Get the full signal here. Midweek Summary: April 9-13 See the mid week summary of the major pairs, get updates and see where they may lead the rest of the week. AUD Continues Weakening The break-down of the support at 1380 points by the S&P 500 caused sharp declines, as I estimated. Many automatic orders & robots waited for the index to slide under the support in order to trigger the selling orders. EUR/USD Daily Outlook April 11, 2012 The EUR/USD pair is showing signs of contagion fears yet again. The markets are going to have to focus on things like Spanish yields again. The pair has been sold off hard, but is sitting just above the 1.30 level which is a massive support level. The area will have to be broken to the downside in order for selling to be something I am comfortable with. USD/JPY Daily Outlook April 11, 2012 The USD/JPY pair is one of the ones that have been garnering the attention of not only me, but many of my trading friends as well. The pair has recently looked like one that has started to make the rend change that we all have been thinking of for so long, and the action has been pretty one way. USD/CAD Daily Outlook April 11, 2012 The 1.01 level is the “end” of the resistance that has been keeping this pair down. The oil markets have been grinding lower over the last few weeks, and now we are starting to see this pair react in accordance. EUR/JPY Aims Lower The Yen had a good day against the Euro yesterday, gaining over 200 points against the Euro - see the full analysis here. EUR/USD & USD/JPY Market Updates Check out this analysis by a pro trader to see where to find your profits for EUR/USD and USD/JPY. Successful Trades on April 10, 2012 Based on Christopher Lewis's analysis a traders profited on a binary options platform, read about it here. Possible reversal in USD/CHF As I expected, the US stock market hit by the disappointing Non-Farm payroll data from Friday and indices shed 1% yesterday. EUR/USD Signal April 10, 2012 Here is a EUR/USD free Forex signal to get you trading today! Find your target and stop loss here. EUR/USD Daily Outlook April 10, 2012 The EUR/USD pair has been one that has been focused on by most traders lately as it fell hard since meeting the 200 day EMA at the 1.3350 level. The pair made a less than stellar ascension this last round, and even failed to make a higher high. The pair looked as if it was trying to find a range between the 1.30 and 1.35 levels. USD/RUB Daily Outlook April 10, 2012 The Russian Ruble isn’t necessarily a currency that many of you will follow, but there are some advantages to keeping track of the way it moves. In order to understand what the Ruble means to the Forex world, you need to think about the area of Siberia. USD/CAD Daily Outlook April 10, 2012 The USD/CAD pair has been a range bound market for the last few months. The pair is often a grinding one, so the market can be frustrating to those that are looking for momentum plays, but if you are comfortable with range trading, this pair can be a great one for you to trade. AUD/USD Aims Lower The AUD/USD might be setting up to head lower with the 4-Hour Chart showing us why. The pair has been in a downward channel since February 29 when it hit the high for 2012 so far at 1.0855 and began its decent 48 hours later. EUR/USD: "Head & Shoulders" at 1.30 Wall Street closed the worst week since the beginning of the year and we see more signs for a possible bearish correction. NASDAQ was the only index among the three major that closed on the green territory on Thursday, mainly because, once again, Apple. Weekly FX Forecast- April 9, 2012 Take a look at where the major currencies like EUR/USD and AUD/USD should be heading this week, and plan your weekly Forex trading smartly. USD/CHF Heading Higher The US Dollar has been gaining on the Swiss Franc since making a higher low at around 0.9005 last week with only a slight pullback on the Daily chart occurring last Friday, when most markets were closed and the US released some slightly better than expected numbers in unemployment claims. EUR/USD Daily Outlook April 9, 2012 The pair is one of the most followed, and the Dollar on the whole is measured by the market. The Dollar is enjoying a bit of a strengthening overall, and the Euro is the brunt of bearishness by traders. GBP/USD Daily Outlook April 9, 2012 The GBP/USD pair tends to be risk sensitive, and as the markets have found much to be concerned about, this makes the uptrend even more impressive. The recent bullish move to the 1.60 level was repelled though, and at that point I thought that perhaps we would see a bit of a fall. AUD/USD Daily Outlook April 9, 2012 The AUD/USD pair is without a doubt one of the favorites for the trading community to express a bullish view on global growth, with an emphasis on Asia. The Chinese economy can have an effect on the value of the Aussie dollar, as the Australians export so much to that country. EUR/USD Daily Outlook April 6, 2012 The EUR/USD pair continues to fall as the Thursday session was just another fall in value for the common currency. USD/JPY Daily Outlook April 6, 2012 The USD/JPY pair has been grinding sideways for some time now. The last couple of weeks have been a back and forth move. EUR/CHF Daily Outlook April 6, 2012 EUR/CHF is probably one of the most boring, yet talked about markets in the Forex world at the moment. EUR/USD Signal - April 6, 2012 Check out this signal based on Elliott Waves and Fibonacci trading from one of our expert traders. Successful Trades on April 5, 2012 Based on Colin Jessup and Christopher Lewis's analysis a traders profited on a binary options platform, see here. GBP/USD Waits for the Rates Statement The US stock markets closed the trading day with sharp declines of more than 1%. The "excuse" for the declines was the mixed economic data, but the true reason is that the stocks are overbought and even if the markets continue rising, we will see more and more bearish days along the way, until the stocks surrender and start a significant correction of a least 5%. EUR/USD Daily Outlook April 5, 2012 The EUR/USD pair has been beaten up pretty severely over the last few sessions, and it appears the bears are finally starting to reassert control in a pair that seems to be somewhat impervious to gravity at times. The problems in Europe seem to have been put to the back burner lately, but it is obvious this is no longer true. GBP/USD Daily Outlook April 5, 2012 The cable pair has been absolutely whacked since the 1.60 level turned around the buyers. The Federal Reserve released minutes that made no real suggestion of quantitative easing going forward, and the Dollar gained against most other currencies as a result. This pair was of course no different. USD/CAD Daily Outlook April 5, 2012 USD/CAD is a tricky pair at times. I think this is because by nature, most traders like momentum, and this pair typically grinds. The two economies are far too interconnected to think that there can be a one way run for long, although over time the pair has fallen. AUD/USD Pauses At Support The Australian dollar has, not surprisingly, paused at a strong historical support zone of 1.0276. This has been an important level since December 2010 with the currency pair finding both support and resistance at this level numerous times in the past 2 years. Mid Week Summary: April 2-6 How are the pairs doing so far this week? This mid-week summary gives you all the details for your favorite major currencies and see where they may be headed. Successful Trades on April 4, 2012 Today, based on Christopher Lewis's analysis a trader profited on a binary options platform. NZD/USD Sliding to the 200 SMA The stock markets slid yesterday after the release of the FOMC meeting minuets, in which the FED was not sure whether QE3 would be efficient. EUR/USD Daily Outlook April 4, 2012 The EUR/USD pair has been stubbornly grinding its way north over the last several weeks, confounding the bears as the European Union truly does have many issues that need to be addressed GBP/USD Daily Outlook April 4, 2012 The GBP/USD pair has been rising over the last several weeks, and even managed to break the all-important 1.60 barrier. The action above that level wasn’t overly convincing though, and as a result I have been pretty leery about this market – not willing to buy it. USD/JPY Daily Outlook April 4, 2012 The USD/JPY pair has been a favorite of mine lately, and it is starting to act like the pair of old, when it was one of the best markets to trade. Many of you may not have been trading Forex a few years ago, but it used to be a simple matter of buying this pair every time it dipped. EUR/JPY Aims Lower Since the EUR/JPY is not associated directly with the USD, it is one of the few pairs that did not move dramatically after the FOMC minutes were released in the USA. As such, it has retraced at a less dramatic rate, and done so in a the manner that was actually expected. Successful Trades on April 3, 2012 See how one trader turned today's Forex technical analysis into profitable trades on a binary options platform. EUR/USD Signal Midday Update - April 3 EUR/USD signal update based on Elliott Waves and Fibonacci principles. Helpful even if you missed the morning Forex signal. EUR/CAD Signal - April 3, 2012 Check out this free Forex signal for EUR/CAD based on Fibonacci principles, and find your target for profits now. RBA Weakened the AUD Strong opening for the second quarter in the US stock markets yesterday, as indices rose 1%, NASDAQ created a break-up pattern and S&P has already crossed above the annual picks. EUR/USD Signal April 3, 2012 Start the week right with this free Forex EUR/USD signal from one of our expert traders. EUR/USD Daily Outlook April 3, 2012 The EUR/USD pair recently broke out of a resistance area that had been very difficult on the bulls. However, the pair hasn’t exactly caught on fire since then. The 1.3250 to 1.33 level was the resistance area that was so frustrating to the bulls, and now it looks as if it is going to be supportive. USD/JPY Daily Outlook April 3, 2012 USD/JPY has been one of my favorite pairs to trade lately. While the rest of the world has been sweating every micro movement in the EUR/USD pair, this one has been quite robust and certainly has had a trend. The USD/JPY simply put, has been on fire overall. AUD/USD Daily Outlook April 3, 2012 The AUD/USD pair has been falling over the last several weeks and with alarming steadiness for those of us that have been bullish. The pair has a natural tendency to mimic the overall “risk appetite” around the world, and is the first pair that many traders turn to in order to express either a bullish or bearish view on the global economic outlook. Yen Gains On USD The Japanese Yen gained against the USA's Greenback today, and just about every other major currency across the board. The USD/JPY, EUR/JPY, GBP/JPY, CAD/JPY & CHF/JPY all showed similar chart patterns on the daily time frame with the EUR/JPY and USD/JPY charts showing the strongest bearish candles. Successful Trades on April 2, 2012 A trader profited on a binary options platform using Christopher Lewis's technical analyses. EUR/USD Trying to Break Through Where are the GBP/USD and EUR/USD headed today? This analysis by DailyForex.com explains it all! Weekly FX Forecast- April 2, 2012 Take a look at where the major currencies like EUR/USD and AUD/USD should be heading this week, and plan your weekly Forex trading smartly. EUR/USD Daily Outlook April 2, 2012 The EUR/USD has recent broke above the 1.3250 to 1.33 resistance level that kept the pair down most of the year, with the exception of a few short sessions in February. The pair is of course the center of the Forex world, as it is the most traded financial instrument on the planet. NZD/USD Daily Outlook April 2, 2012 The NZD/USD pair has gone sideways for most of 2012. The pair is often sensitive to economic factors such growth in emerging markets, stock indices, and commodity prices. The pair is one of the favorites of traders when it comes to playing economic growth. AUD/USD Daily Outlook April 2, 2012 The AUD/USD pair has had a rough way to go recently, with the pair falling from the 1.08 level to the 1.0350 area in roughly the last month. The pair is of course a highly risk-sensitive currency pair, and is often used as a proxy to trade the Chinese economy. EUR/USD Signal March 30, 2012 Hope this free Forex signal helps you trade EUR/USD before the weekend. Good luck! EUR/USD Daily Outlook March 30, 2012 The EUR/USD pair has been very positive lately, and the biggest contributor seems to be the idea that we have bailed out the Greeks again, and all is well in the world. However, there are other things that we need to be paying attention to as well. USD/CAD Daily Outlook March 30, 2012 USD/CAD has been one of the more reliable range bound currency pairs lately. The pair has essentially hovered just below the parity level, and with consistency has failed to break out every time it has risen above that level for much of 2012. NZD/USD Daily Outlook March 30, 2012 The NZD/USD pair has been slowly grinding lower over the last couple of months. The pair overall has been bullish though, as the Kiwi is often used to play the economic growth story in the currency markets. AUD/USD Bullish Move Coming? The AUD/USD, which I often call the Pacific Peso, has reached a strong support zone at 1.0360 that has history going back years and has caused both Bullish and Bearish trends to pause and reverse or retrace. Successful Trades on March 29, 2012 Based on Fadi Steitie and Christopher Lewis's technical analyses, a trader profited on a binary options platform. Get the analysis here. EUR/USD 30 Min Signal March 29 2012 Here is a 30 Minute EUR/USD Signal from one of our expert traders. Get it while it's hot! GBP/USD: Double-top at 1.60 The nervousness of the US stock markets investors is getting higher every day, as yesterday we saw one of the most bearish trading days we have seen in the recent weeks. EUR/USD Daily Outlook March 29, 2012 The EUR/USD has been rather unimpressive all things considered. It was just a couple of sessions ago when Federal Reserve Chairman Ben Bernanke stated that the interest rate in America would remain as low as possible, for a long as possible. EUR/JPY Signal March 29, 2012 Love to trade EUR/JPY? Hope this free Forex signal helps you profit today! Catch it quick! AUD/USD Daily Outlook March 29, 2012 The AUD/USD pair has been falling for some time now. However, when we look at the overall picture, the market is actually in a strong uptrend. The recent move down from the highs is actually just a pullback to the 38.2% Fibonacci retracement level. USD/CAD Daily Outlook March 29, 2012 The USD/CAD pair has a tendency to chop around sideways for a significant amount of time, only to suddenly break in one direction or another in a violent manner. EUR/USD at Critical Resistance The EUR/USD has breached a descending trend line that began at the high of August 28, 2011, but has only just closed outside this form of resistance on a daily chart, and has pulled back. Successful Trades on March 28, 2012 Based on Colin Jessup and Christopher Lewis's technical analyses, this trader profited on a binary options platform. Get the analysis here. NZD Weakening Against USD & EUR The investors pulled the US stock markets to a mixed territory on the background of less-than expected consumer confidence data, as today the investors will look forward to the Core Durable Goods Orders m/m data. Mid Week Summary: March 26-30 See the mid week summary of your favorite major pairs, get updates and learn where they may lead the rest of the week. EUR/USD Daily Outlook March 28, 2012 If there ever was a day that was a vote of “no confidence”, it was Tuesday. The pair had broken out on Monday due to the Federal Reserve Chairman Ben Bernanke stating that the US would have low rates as long as possible, and this of course had traders selling Dollars. USD/CAD Daily Outlook March 28, 2012 The oil markets around the world have been stuck in a bullish pattern, but limited in how much they really are moving. It has been a strange feel to the markets, as there is demand from emerging markets, but very little form industrialized nations. NZD/USD Daily Outlook March 28, 2012 The NZD/USD pair is one of the most risk-sensitive pairs of the majors that the retail trader can get involved with. Many times, when the “risk on” trade comes into play, this pair is actually a better performer than the more popular AUD/USD pair because it isn’t as liquid. Possible GBP/USD Bearish Reversal The Pound Sterling, or Cable as it is known when traded against the USD is at a critical zone that offers much in the form of resistance. Successful Trades on March 27, 2012 Based on Christopher Lewis's analysis a trader profited on a binary options platform, watch it here. Bullish Reversal in USD/JPY, EUR/JPY As I estimated here yesterday, the US indices made the bullish reversal, as the technology sector pulled the markets to new highs. The reversal was aggressive and it looks like that the hedge funds managers, who believed that a bearish correction would occur, now have to "chase" the S&P 500, which means that they are going to push more money to the stock markets. EUR/USD Daily Outlook March 27, 2012 The EUR/USD pair has been an interesting one of late to say the least. The pair has been in a tug of war between those who worry about the issues in European debt markets and those who think the United States will continue to ease monetary policy. AUD/USD Daily Outlook March 27, 2012 The AUD/USD pair is one of the most popular pairs to trade when the market is in a “risk on, risk off” mindset. This is simply because of the relationship of the US dollar to a “flight to safety” trade. USD/CAD Daily Outlook March 27, 2012 The USD/CAD pair is well-known as a barometer for oil markets. It features two very interconnected economies, and as such can be quite choppy as well. Bullish AUD/JPY The AUD/JPY has been Bullish since Friday when it hit a 2 week low at 85.16 and with a close today above both the Daily & Weekly Pivot at roughly 86.80 in Monday's trading, we could see a test of the Daily R1 at 87.82 today. USD Trend Forecast - March 27, 2012 See where the US Dollar is heading and how it'll affect your favorite Forex pairs here. EUR/JPY Signal #2- March 26, 2012 Here is another EUR/JPY free Forex signal from one of our experts using Elliot Waves and Fibonacci Trading methods. Good Luck! EUR/USD Signal Update - March 26, 2012 This EUR/USD signal update will be helpful even if you missed the morning's signal...find your position now! Successful Trades on March 26, 2012 Based on Christopher Lewis and Bastian Rubben's analysis a traders profited on a binary options platform, watch here. EUR/USD Against Resistance The US futures are down this morning after a negative closing last week that came in the first time in several weeks. However, the indices reached levels in which the bullish reversal could occur and if they rise above Friday's high, it will support the buyers. Weekly FX Forecast- March 26, 2012 Take a look at where the major currencies like EUR/USD and AUD/USD should be heading this week, and plan your weekly Forex trading smartly. EUR/USD Daily Outlook March 26, 2012 The EUR/USD pair continues to grind around just below a resistance area as the concerns in the European Union are fading into the background of the collective mindset of traders. Get the full analysis here. EUR/JPY Signal - March 26, 2012 This free Forex signal from a professional trader can help you find profits for the EUR/JPY pair. Get in now! USD/CAD Daily Outlook March 26, 2012 One of the choppiest pairs in the Forex markets lately has been the USD/CAD pair. The main reason is probably the drama that we have seen in the Middle East lately, and especially with the Iranians. See where this pair is headed. AUD/USD Daily Outlook March 26, 2012 The AUD/USD pair has been beaten up over the course of the last few weeks, as the fears of a Chinese slowdown rocked the risk appetite around the various Forex, futures, and stock markets. The “slowdown” would be from a growth rate of 12% to “only” 7%, which of course would be phenomenal if we were talking about anywhere else in the world. EUR/USD Signal - March 26, 2012 This EUR/USD signal is based on Fibonacci and Elliott Wave theory - find your profits now! Another Reversal For USD/CAD The USD/CAD daily chart printed a perfect 'Pin Bar' or 'Shooting Star' formation after Friday's trading action. This strong reversal pattern printed by closing below both the Daily Pivot level at 0.9990 and the Daily Moving Average of 0.9991 after testing the waters as high as 1.0336. EUR/USD Daily Outlook March 23, 2012 EUR/USD fell for most of the session on Thursday as the fears of a Chinese slowdown continue to circulate around the various financial markets globally. NZD/USD Daily Outlook March 23, 2012 The NZD/USD pair has been a tough one to trade lately. The market has been pushed around between the “risk on, risk off” theories. The commodity markets have been reacting to various headlines coming out of China, Europe, and elsewhere. USD/CAD Daily Outlook March 23, 2012 USD/CAD rose on Thursday as the oil markets sold off. The Chinese manufacturing numbers have been soft, and the addition of slower European manufacturing numbers did very little to instill confidence in the oil markets. GBP/USD Tests Weekly Pivot The GBP/USD tested the Weekly Pivot once more in yesterday's trading and appears to be forming a classic Head & Shoulders chart pattern on the Daily chart. EUR/USD Signal #2 - March 22, 2012 Check out this EUR/USD signal based on a head and shoulders formation and find your entry and target in the market now. EUR/USD Signal - March 22, 2012 This EUR/USD signal is time sensitive, so check it out now! NZD/USD Attempt for Breaking 0.81 The US stock markets gave us first signal yesterday for the pressure on the investors. The trading day started as usual, as the indices traded in a positive momentum but Bernanke's testifies caused sharp declines on the last hour of the day. EUR/USD Daily Outlook March 22, 2012 The candle for the session on Wednesday formed a bearish looking doji, and shows that perhaps we are starting to run into the top of the easy pips to be had. The market looks as if it wants to pullback, and certainly there is always going to be the potential for a headline shock to do just that. USD/JPY Daily Outlook March 22, 2012 The pair formed a shooting star for the Wednesday session after first poking through the 84 handle. The Monday session produced a hammer off of the 83 level to show support as well. Get the full analysis here. GBP/USD Daily Outlook March 22, 2012 The GBP/USD pair is an interesting one to me lately, as the pair is typically a risk sensitive one. The fact that it continues to attempt to get higher in value is interesting as well, as it has been fairly obvious that there is a real chance that the Bank of England will look into ways to execute further quantitative easing going forward as well. EUR/JPY Aims Lower The EUR/JPY pair came within 14 pips of the 6 month high shortly after the London Session opened. The pair then proceeded to reverse and fell 105 pips in the next 4 hours, closing below the Daily Pivot at 110.40 to a daily low of 109.87. Midweek Summary: March 19-23 See the mid week summary of your favorite major pairs, get updates and learn where they may lead the rest of the week. Bullish EUR/USD, Bearish AUD/USD Wall Street closed the second trading day of the week in mixed territory, as the technology sector keeps pushing the NASDAQ higher. S&P 500 and Dow Jones closed on the red territory but finished on the day's high. EUR/USD Daily Outlook March 21, 2012 EUR/USD had a funky kind of day on Tuesday as the markets continue to try and figure out a catalyst for the next move. The initial move was to the downside, probably in reaction to the comments made by a BHP Billiton exec in Australia about how the Chinese demand for hard commodities was going soft. USD/JPY Daily Outlook March 21, 2012 The recent break of the massive weekly trend line and the 80 handle was the real breakout. The Bank of Japan is now purchasing more JGBs (Japanese Government Bonds) which essentially is the same thing as flooding the market with Yen. USD/CAD Daily Outlook March 21, 2012 The USD/CAD pair can be one of the trickiest pairs to trade in the Forex market. This often is because of the interconnected nature of both economies. The Canadian economy sends over 80% of its exports south of the border into America, and as a result it is very dependent on the US for its overall health. EUR/USD Signal March 21 2012 This EUR/USD signal is especially time sensitive, so check it out while it's still valid. USD/CHF Gaining On Greenback The Swiss Franc is extending its gains on the American Greenback, but has hit a snag in the hours leading up to the London Open. Currently trading at 0.9087 the pair is stuck in between the Daily S1 at 0.90884 and Weekly S1 at 0.90855. AUD/USD Gains On Greenback The Australian Dollar is showing strong gains against the USD after the GBP Consumer Price Indexes were released and the Swiss Industrial Production numbers reported 7.5% better than expected. USD/CAD Made a Break-Down Pattern The US stock markets opened the trading week on the green territory, though Dow-Jones made first signs for a possible weakening. Get the full analysis here! EUR/USD Daily Outlook March 20, 2012 The EUR/USD pair had another bullish session on Monday as the Euro has received a bit of a reprieve after the Greek bailout. The markets have shifted focus for the moment, but in reality the situation hasn’t changed much, even after the latest round of wealth transfers. USD/JPY Daily Outlook March 20, 2012 The Yen side of the equation has several reasons to sell it. The Yen has been weakened by the Bank of Japan itself as the central bankers have been buying government bonds hand over fist recently, and it looks like this program will continue for some time going forward. GBP/USD Daily Outlook March 20, 2012 The cable pair has been very positive lately as the Pound has enjoyed a bit of resurgence. The pair has been stuck in a range over the last 2 months however, and this leads me to believe that we are simply trying to figure out where to go at the moment, but I see no real catalysts at the moment to break us out of this range. EUR/USD Signal Update #2 March 19 Here is the signal update for EUR/USD second time today! Successful Trades on March 19, 2012 Based on Christopher Lewis's analysis a traders profited on a binary options platform, watch here. EUR/USD Signal Update March 19 If you missed yesterday's EUR/USD signal, have no fear! Here is the signal update for your favorite pair! Weekly FX Forecast- March 19, 2012 Take a look at where the major currencies like EUR/USD and AUD/USD should be heading this week, and plan your weekly Forex trading smartly. Strong Resistance- EUR/USD & GBP/USD The US stock markets closed another positive trading week, led by NASDAQ that completed 11 green candlesticks on the weekly chart. Get the full analysis here. EUR/USD Daily Outlook March 19, 2012 EUR/USD bounced on Friday as the 1.30 level holds the market up yet again. The level has become a focal point of the market, and as such has seen a lot of fighting between bearish and bullish traders. USD/JPY Daily Outlook March 19 USD/JPY has been acting like it was shot out of a cannon lately, blasting through various resistance areas with impunity. The recent break of the 80 level was one of the biggest moves in the Forex markets that we have seen in some time, and certainly has gotten the attention of the traders around the world. NZD/USD Daily Outlook March 19, 2012 One of the favored commodity trades by currency traders is to buy and sell the Kiwi dollar accordingly. The biggest reason is that the currency will follow the general attitude of the markets, and not just a small amount of commodities. CHF/JPY Bullish Continuation At the start of every week, I have a look at weekly charts to get a feel for the potential market direction. While there are many interesting candle formations across the multitude of currency pairs this week, I am especially interested in the CHF/JPY. EUR/USD Signal - March 18, 2012 It may be the weekend, but this EUR/USD signal allows you to prepare for this week's trades. USD/CAD Signal - March 16, 2012 Let this USD/CAD signal help you take advantage of this Forex pair to find profits. EUR/USD Signal Update March 16 See where the EUR/USD is headed from this free Forex Signal Update based off the original signal! EUR/USD Daily Outlook March 16 The recent price action has been fairly tight, and this is mainly because of the fact that we are sitting right at a major support level in the neighborhood of the 1.30 handle. Get the full analysis and video here! USD/CHF Daily Outlook March 16, 2012 The USD/CHF pair has seen resurgence over the last several sessions as the bulls have taken back control of the market. The recent bounce from the 61.8% Fibonacci retrace of the uptrend. Get the full analysis here. EUR/CHF Daily Outlook March 16, 2012 How you play this pair will vary on your time frame quite frankly. The fact is that this pair cannot be sold, so having said that it is your time frame that will dictate the exit strategy. Get the full analysis here. USD/JPY Signal Update March 16 This USD/JPY Signal update can still be helpful even if you missed yesterday's original. Check it out here! USD/CHF Reverses The USD/CHF reversed right back to the 0.9225 level that it worked so hard to break out of for most of February. After 2 days of solid Bullish action price worked itself up to a strong resistance zone at 0.9310 where it stopped and today price did a 180 degree turn. Successful Trades on March 15, 2012 Based on Christopher Lewis's analysis of the EUR/USD and USD/CHF traders profited on a binary options platform US Index Technical Update - March 15 See where the US Index is headed based on Candlestick patterns. USD/JPY Signal - March 15, 2012 Let this USD/JPY signal help you take advantage of this Forex pair to find profits. EUR/USD Daily Outlook March 15, 2012 The EUR/USD pair recently has been a headline driven currency pair to say the least. USD/CHF Daily Outlook March 15, 2012 The USD/CHF pair has been rising quite a bit lately, and this will without a doubt draw suspicion out of many traders out there. AUD/USD Daily Outlook March 15, 2012 The AUD/USD pair is without a doubt one of the favorites for traders to buy when times are good. AUD Weakens Against USD The Australian Dollar has been slipping on the Greenback since the beginning of March after climbing to a 6 month high on February 29th. EUR/USD Signal Update - March 15, 2012 This EUR/USD signal can be helpful even if you missed the original signal - check it out now! Successful Trades on March 14, 2012 Trader that used today's technical analysis profited on a binary options platform, watch now. Midweek Summary: March 12-16 See the mid week summary of your favorite major pairs, get updates and see where they may lead the rest of the week. Gold & Silver To Break-Down The US indices continued their amazing rally as NASDAQ reached a new 11-year high with Apple Inc as leading stock. Get the full analysis here. EUR/USD Daily Outlook March 14, 2012 The EUR/USD pair has been somewhat “stuck” recently as we have seen a confinement of price between the 1.30 area and the 1.35 level. The levels aren’t perfect, and this is normally the case when we get these important levels. USD/JPY Daily Outlook March 14 2012 With the Bank of Japan desperately doing everything it can to weaken the Yen, this pair has frustrated many bulls over the last several years. Get the full analysis and video here. EUR/GBP Daily Outlook March 14, 2012 The EUR/GBP pair fell heavily during the Tuesday session as the Euro continues to weaken overall. The pair is an interesting mix of buyer and seller, as the two economies are so interconnected. USD/JPY Strongly Bullish The Greenback continued to climb against the Yen again today making this the sixth straight Bullish week in a row. Price fell during yesterday's Asian session but only moderately and began to climb once again when the bell rang in London. Successful Trades on March 13, 2012 A trader that used today's technical analysis managed to profit on a binary options platform, watch now. USD/CAD on a Strong Support The USD is stamping but tends to be on a bearish momentum against the other major currencies. Get the full analysis here. EUR/USD Signal - March 13, 2012 Hankering for a good EUR/USD signal? DailyForex has this EUR/USD signal from one of our Forex experts. EUR/USD Daily Outlook March 13, 2012 The EUR/USD pair has been trying to digest the effects of a Greek default for several months now, and on Friday, it finally happened. The fact that the market fell to the 1.31 level before the default probably will have had a supportive effect on the news as well. GBP/USD Daily Outlook March 13, 2012 The GBP/USD pair has been one of consolidation lately, as the central banks of both economies have been inordinately easy with their monetary policies. The pair generally will move higher with risk appetite. AUD/USD Daily Outlook March 13, 2012 The AUD/USD pair has been following the commodity trade quite well lately, and this past couple of sessions has been no different. The daily candle for Monday has formed a bit of a hammer at the 1.05 level, and this shows that there is significant support for the Aussie going forward. USD/CHF Pulls Back The Greenback fell against the Swiss franc today, pulling back on the daily chart to the weekly pivot point, and the same zone that has held the pair in its grip for most of February and has flirted with for all of March. Successful Trades on March 12, 2012 One trader used today's technical analysis to profit on a binary options platform, watch it here. EUR/USD 1 Hour Signal March 12, 2012 Start your week with the EUR/USD 1 Hour signal using Resistance, Support Levels and Pivot Points and find your target now! "Head & Shoulders" in EUR/USD The US stock markets closed last week with a strong finish on the background of improving employment statuses, as the US economy created 227K new jobs during the past month. Weekly FX Forecast- March 12, 2012 Take a look at where the major currencies like EUR/USD and USD/JPY should be heading this week, and plan your weekly Forex trading smartly. EUR/USD Daily Outlook March 12, 2012 The Friday session saw a drop in value of the Euro from the start of the session. The Greeks were officially said to be in default finally by the CDS markets. The country will now have to figure out to go back to the markets. USD/JPY Daily Outlook March 12 The USD/JPY pair was one that most of us were ready to give up on. The pair was being manipulated and acted in a very stagnant manner for what seemed like an eternity. EUR/GBP Daily Outlook March 12, 2012 The pair currently sits just below the 0.84 level, and formed a hammer after the Friday action. This suggests that we are starting to see a bit of pressure building in this pair to the upside. EUR/USD Continues Downward The EUR/USD had a bumpy week last week and although it climbed as high as 1.3290, it managed to close the week lower than it opened at 1.3120 after falling as low as 1.3095. All of this adds up to a weekly inverted hammer formation, which followed the prior week's bearish engulfing candle. EUR/USD Technical Analysis March 9 Being Non-Farm Payroll Friday, it is going to always be a difficult trading session, but there are still things to take note of. USD/CAD Technical Analysis March 9 USD/CAD has been a choppy pair to trade lately. Most of the traders that I know who are enjoying it at the moment are short-term traders, or even scalpers by mature. CAD/CHF Technical Analysis March 9 While this pair isn’t one that a lot of traders pay attention to sometimes, it involves two major currencies. Gold Bullish Again Gold vs The Greenback (or XAU/USD) has again turned Bullish after falling almost 13,000 Pips since hitting a 3 month high on February 29 at 1790.50. Successful Trades on March 8, 2012 See how one trader used today's technical analysis to profit using a binary options platform. EUR/USD - Rise or Fall?! Many analysts and experts estimated at the beginning of the week that US indices have started the aggressive correction that everyone was waiting for. See what's in store for the EUR/USD and whether it will rise or fall. EUR/USD Daily Outlook March 8, 2012 The EUR/USD pair has been very bearish over the last several sessions, and Thursday many be a catalyst for yet another move. The Greeks will announce the participation rate in their haircut process for their debt, and this could possibly move the markets in a violent way. AUD/USD Daily Outlook March 8, 2012 The AUD/USD pair fell a bit during the session on Wednesday as the “risk off” trade continued. The pair has been overly bullish for the longer-term, and this latest action was certainly countertrend. USD/CHF Daily Outlook March 8, 2012 The USD/CHF pair has been overly bullish as of late, and the action on Wednesday was one of the first signs of a let up. See the full technical analysis here. AUD/USD Bullish Reversal The AUD/USD has bounced off of the Weekly S2, the Daily Moving Average and a long standing trend-line originating in 2010 during today's trading in Asia in spite of the country losing over 15,000 jobs. EUR/USD Signal Update - March 8 This EUR/USD signal can be helpful even if you didn't see the original signal, so check it out now. Alternate EUR/USD Signal - March 7 One EUR/USD signal is great, but two are better - check out this one to see if it matches your trading philosophy. EUR/USD Signal - March 7, 2012 Let this EUR/USD Forex signal help you find your footing in today's market. Bearish Correction in AUD/USD The US indices made the aggressive correction that the market has anticipated, but this does not necessary mean that we are going to see additional declines. USD/JPY Signal March 7, 2012 Find your target from this free Forex USD/JPY signal by DailyForex.com. EUR/USD Daily Outlook March 7, 2012 EUR/USD continues to soften up as the trading world worries about everything European. The session on Tuesday saw more selling of this pair, and there are plenty of reasons being bandied about the newswires for the session. AUD/USD Daily Outlook March 7, 2012 AUD/USD fell hard during the Tuesday session as the “risk off” trade came roaring back. Of course, it is Greece that is in the forefront of the storm, and it’s about time – I don’t think that we have worried about it for something like 5 days now. USD/CAD Daily Outlook March 7, 2012 USD/CAD had a nice bullish session on Tuesday as the oil markets fell. This in and of itself isn’t that surprising, this is the way that the pair typically acts. AUD/NZD Resumes Bearish Trend The AUD/NZD traded as high as 1.3058 during the UK & New York sessions yesterday before falling and closing lower than it opened at 1.2982. Successful Trades on March 6, 2012 Watch the successful Trades for today based on EUR/USD and EUR/GBP analysis. Bearish EUR/USD The EUR/USD is continuing its bearish trend after the London Open. Although price was bullish yesterday, it was halted by the weekly resistance zone at 1.3223. EUR/USD, NZD/USD and US Stocks The US indices started the trading week on the red territory as this morning the futures are down and this might be the opening bell for the bearish correction that everybody were waiting for. EUR/USD Daily Outlook March 6, 2012 EUR/USD continues to bounce around in consolidative action and at the mercy of various headlines out of the EU. The most recent one was an admission that the Spanish weren’t quite able to meet debt to GDP levels, and this shouldn’t have been a surprise to many. NZD/USD Daily Outlook March 6, 2012 NZD/USD had a very bearish day on Monday as the pair broke below the 0.8250 level, a level that had been offering support over the last few weeks. The pair had been consolidating between the level and the 0.8450 mark in a fairly consistent and tight range. EUR/GBP Daily Outlook March 6, 2012 EUR/GBP isn’t a pair that a lot of retail traders give a fair shake to. True, it isn’t always the most volatile, but it has a higher pip value, so it doesn’t need to move like some of the other pairs. Successful Trades on March 5, 2012 Trader that used today's technical analysis managed to profit on a binary options platform, see it now. EUR/USD Bullish Reversal Possible The US stock market continued rising last week on the background of improving GDP & continuing claims data. See this technical analysis of the EUR/USD and what this means for economic data. Weekly FX Forecast- March 5, 2012 Take a look at where the major currencies like EUR/USD and USD/JPY should be heading this week, and plan your weekly Forex trading smartly. EUR/USD Daily Outlook March 5, 2012 The EUR/USD continues to be driven by the latest headlines, and Friday proved to be more of the same. The Spanish were kind enough to provide the fireworks this time, noting that they will not meet agreed upon austerity measures. This drove the pair down, and as the day wore on, the Euro lost value. USD/JPY Daily Outlook March 5, 2012 The USD/JPY pair has undergone a transformation lately. The pair has been in a bearish run for ages, and until recently, people who bought it only experienced losses. This is mainly because of the perceived safety status of the Yen. AUD/USD Daily Outlook March 5, 2012 With the possibility of being overly simplistic, the AUD/USD loves to form support and resistance levels every 200 pips lately. USD/CAD Shows Bearish Potential Price opened last week at a daily resistance zone of 1.0005 and quickly tested the weekly EMA at 1.0050 that very day. Thats where the Bulls lost the race however and the Canadian Dollar finished stronger than its southern cousin the Greenback closing at 0.9895 after pushing as low as 0.98412. EUR/USD Daily Outlook March 2, 2012 The session was quiet for the most part on Thursday, and the market sat fairly still as a result. The 1.3250 level below should continue to offer some sort of support for the market though, and selling at this point – even after the move down on Wednesday – is very difficult to sell now. USD/CAD Daily Outlook March 2, 2012 USD/CAD is one of the most favored commodity trades for the average Forex trader. The Canadian dollar and its relationship to the behavior of oil markets is a well-known phenomenon, and one of the most reliable moves in the markets over time. USD/CHF Daily Outlook March 2, 2012 The USD/CHF pair has recently been affected by the goings on in the EUR/CHF pair. The Swiss National Bank has a standing “minimum acceptable rate” of 1.20 for the EUR/CHF pair, and as a result, most CHF-related pairs are being manipulated by proxy. USD/CAD Chart Still Falling The USD/CAD daily chart has been tumbling since the start of the week when the greenback pushed as high as 1.00485 against its norther cousin, the Canadian Loonie. Successful Trades on March 1, 2012 Check out the trader that used today's technical analysis and profited on a binary options platform. EUR/USD Daily Outlook March 1, 2012 EUR/USD is ready to continue downwards. See what this trader will do with this pair before the week ends. AUD/USD Daily Outlook March 1, 2012 The AUD/USD pair has been very bullish as of late, and not for the usual reasons. In fact, the Aussie has been not only a play on growth and inflation, but also as a yield and safety play. USD/JPY Daily Outlook March 1, 2012 USD/JPY has recently changed its tune, and the markets have been furiously back peddling in order to adjust to the new realities of the market. The recent break of 80 was very impressive, and vital to the future tone of the pair. EUR/USD Cuts Gains The EUR/USD fell 171 pips on the last day of trading in February, fitting for a leap year in that it was like the bears leapt off a cliff that was the high for the past several days at 1.3478. Bearish Wall Street Close Supports USD The negative correlation between the American dollar and the stock markets helped the USD to strengthen against the major currencies. Successful Trades on February 29, 2012 Trader that used today's technical analysis profited on a binary options platform, see it now. Signal for EUR/USD - Feb. 29, 2012 Check out this EUR/USD signal as soon possible to find your entry and exit into the market for this popular Forex pair. EUR/USD Daily Outlook Feb. 29, 2012 The EUR/USD has been in a generally positive mood over the last several sessions, and the announcement of the LTRO results today could be the defining moment for the next move in either direction. AUD/USD Daily Outlook Feb. 29, 2012 AUD/USD has recently found resistance at the 1.08 handle. While this isn’t a surprise, (The level was resistive last time we approached it) the recent action looks very much like a bullish flag. USD/JPY Daily Outlook Feb. 29, 2012 The USD/JPY pair has been on fire for the bulls lately. While there has long been a call for a reversal, it looks like for the first time we may actually be seeing the start of one. GBP/USD Breaks 3 Month High The GBP/USD has broken above 1.5935, a level not seen since November 15, 2011 and the high from February 08, 2012 which was 1.5929. This apparently comes on the heels of the surprising CBI realized sales numbers which rose to -2 points. Mid Week Summary Feb. 29, 2012 See the mid week summary of your favorite major pairs, get updates and see where they may lead the rest of the week. EUR/USD Signal February 29, 2012 EUR/USD free Forex signal brought to you by DailyForex.com for February 29, 2012. Using Elliot Waves and Fibonacci Trading, this trader gives you the details on where this pair is heading! AUD/USD Remains Rangebound The AUD/USD produced a nice bullish engulfing candle off of daily support at 1.0690 yesterday, but it is not enough to break out of the range that the pair has been trapped in for the past month. EUR/JPY Signal February 28, 2012 The experts at ForexRoyals bring you a free Forex signal on the EUR/JPY. See where this pair is headed using the Resistance, Support Levels and Pivot Point methods. EUR/USD Daily Outlook Feb. 28, 2012 The EUR/USD pair continues to be the focal point of the Forex markets in general. The G-20 told the Europeans that they haven’t done enough to shore up their firewalls for the debt markets and banks in the region, and as a result, the European Union will have to find more money to fix the problem. USD/CAD Daily Outlook Feb. 28, 2012 USD/CAD is a pair that has been difficult if you are trying to hold onto your position for any real length of time. However, this can also be said for much of the markets in general, from the futures pits to the stock exchanges. AUD/USD Daily Outlook Feb. 28, 2012 AUD/USD has been going sideways for the last couple of weeks. However, over the last several months we have seen strength in general, and the sideways motion lately hasn’t even seriously attempted a breakdown. Signal for GBP/USD Feb. 27, 2012 GBP/USD is busy today as we have two types of signals posted for this major pair. See where this expert says the GBP/USD is headed and get your target now. Successful Trades on February 27, 2012 Trader used today's technical analysis and managed to profit on a binary options platform, watch it here. GBP/USD Signal February 27, 2012 The experts at ForexRoyals bring you a free Forex signal. See where the GBP/USD is headed this week. EUR/USD Signal February 27, 2012 See where the EUR/USD is headed this week from this free Forex signal by one of our expert traders! Q2 Forex Forecast Q2 2012 is going to see some interesting market fluctuations - see how one professional trader expects things to go for EUR/USD, AUD/USD, GBP/USD and more. Weekly FX Forecast- Feb. 27, 2012 Take a look at where the major currencies like EUR/USD and USD/JPY should be heading this week, and plan your weekly Forex trading smartly. EUR/USD Daily Outlook Feb. 27, 2012 The EUR/USD had another strong showing during the Friday session in order to move up to the next resistance area by the end of the day. The pair has recently seen some strength, and the move certainly will have been more or less initiated by large amounts of short covering over the last week or so. USD/JPY Daily Outlook Feb. 27, 2012 USD/JPY continued to rise in value on Friday as the trading community is quickly changing its tune as far as the Yen is concerned. The pair has been beaten down for so long, it is sometimes difficult to remember that it used to go up sometimes as well as the common falling in price. NZD/USD Daily Outlook Feb. 27, 2012 Kiwi dollar is one of the most favored commodity currencies for traders to speculate with. While the currency will often track close to the Aussie, the fact is the Kiwi is quite a bit less liquid than its cousin, and therefore will move much quicker on balance. AUD/CAD Approaching 15 Year High While this pair is not considered one of the 'Major' pairs by some brokers, the AUD/CAD has allot to offer traders. The pair provides very nice swings for swing & position traders, as well as nice range for day or intra-day traders. With the close of the weekly candle on Friday, this pair seems to indicate that it could be preparing for a push to highs last seen in 1997. EUR/USD Daily Outlook Feb. 24, 2012 EUR/USD continues to mystify the trading community at large as the pair seemingly is a never ending series of headline based knee jerk reactions. The Euro has a ton of things working against it – except for one thing: price. The pair broke out on Thursday, and it appears that the bulls are starting to take over. AUD/CHF Daily Outlook Feb. 24, 2012 AUD/CHF had another bearish day on Thursday as the trading community continues to purchase Francs against most major currencies. This is a bit counterintuitive to what we normally expect, as the Franc is certainly a safety currency under normal circumstances. EUR/GBP Daily Outlook Feb. 24, 2012 EUR/GBP isn’t typically known to move rapidly. The pair is one that will typically grind in a zigzag pattern as the market is normally a very tight affair. However, when it does move it can be very sudden. USD/CHF Finds Support The USD/CHF or 'Swissy' as traders call it, has found some support on the Monthly S1 at 0.9100, halting its fall towards the close of the New York session. See the full technical analysis here. Successful Trades on February 23, 2012 A trader that used today's technical analysis profited on a binary options platform, watch it now. EUR/USD Daily Outlook Feb. 23, 2012 EUR/USD moved very little during the session on Wednesday as the pair continues to reflect the general attitude of the markets in all things Greece related. The Greeks managed a deal with the Troika to lower the debt and get a bailout, but the markets hardly seem impressed. AUD/USD Daily Outlook Feb. 23, 2012 Few pairs have been as strong as the AUD/USD pair over the last several months, except possibly the NZD/USD pair – which makes much of the same moves. The Aussie is often used as a play on commodities as the Australians have many of the raw materials that the world uses to expand the economy in the form of construction or manufacturing. EUR/AUD Daily Outlook Feb. 23, 2012 The EUR/AUD pair is one that a lot of traders will ignore. It isn’t considered one of the major pairs by many traders, but it does include two major currencies. It is a great way to play risk appetite in the market, and also a great way to express distrust of the Euro as well. EUR/USD Retesting Weekly Resistance On February 16 the Euro touched the 50% retracement level from its reversal on January 16 to the 60 day high at 1.3320 and has now worked its way back up towards that high. EUR/GBP Signal February 22, 2012 Free Forex EUR/GBP Signal for February 23, 2012. Using Pivot Points and support/resistance point, see where this major pair is headed. Successful Trades on February 22, 2012 See how a trader that used today's technical analysis profited on a binary options platform. AUD/USD Signal February 22, 2012 Free Forex AUD/USD Signal for February 22, 2012. Using Elliot Waves and Fibonacci Trading, see where this major pair is headed. Mid Week Summary Feb. 22, 2012 See the mid week summary of your favorite major pairs, get updates and see where they may lead the rest of the week. USD/CAD Signal February 22, 2012 Here is a free Forex USD/CAD signal from the experts at ForexRoyals. Get your target now! EUR/USD Daily Outlook Feb. 22, 2012 EUR/USD has been the focal point of the Forex universe lately. Needless to say, the whole situation in Greece has been on the minds of traders worldwide, and the pair has been very susceptible to headline shocks because of it. In this backdrop, we find this pair to be very choppy overall. USD/CHF Daily Outlook Feb. 22, 2012 USD/CHF is a quiet pair, and one that many traders are currently ignoring. The pair has a tendency to grind sideways for some time, only to move suddenly and go dormant for another protracted period. USD/JPY Daily Outloook Feb. 22, 2012 USD/JPY was a pair that nobody wanted anything to do with for months. The Bank of Japan was actively working against the value of the Yen via intervention, and as a result many traders simply wouldn’t be bothered to sell this pair. USD/CHF Stalls on Support The Swissy or USD/CHF is stalled on the support one of 0.9110 once again. Prices have been struggling to break this support level since January 27, 2012 and struggled with this zone in November and December of 2011 as well. AUD/JPY Signal February 21, 2012 AUD/JPY Forex signal brought to you by our expert trader, Fadi. Get your target and stop loss here! Successful Trades on February 21, 2012 See how a trader that used today's technical analysis profited on a binary options platform. GBP/USD 30 Minute Signal Feb. 21, 2012 See this free 30 minute signal from the experts at ForexRoyals as they bring you today's GBP/USD action. EUR/USD 30 Minute Signal Feb. 21, 2012 Here is a free Forex EUR/USD signal from the experts at ForexRoyals. Get your target and stop loss now. EUR/USD Daily Outlook Feb. 21, 2012 At the open, the EUR/USD pair gapped up based upon – let me know if you have heard this before – a potential workaround for the Greek debt crisis. In theory, the Europeans are about to give the Greeks another handout, and this will in turn make everything alright again. USD/CHF Daily Outlook Feb. 21, 2012 USD/CHF has been bouncing around the current levels for quite a few sessions lately, and the level does in fact look strong. With this in mind, the pair hasn’t exactly been overly exciting, but this is the case with all Franc-related pairs as the Swiss National Bank has been actively working against the ascendency of the Franc. USD/JPY Daily Outlook Feb. 21, 2012 USD/JPY has been a pair that until recently would have put you to sleep trading. The pair has seen a fairly narrow range of trading as traders and the Bank of Japan were in a virtual standoff. NZD/USD Tests Support The NZD/USD or Kiwi as most traders know it is retesting the support level at 0.8350 in the hour leading up to the London open. The pair has been trading in a roughly 180 pip range since the beginning of February, and up until now has been mostly been hitting 0.8350 as resistance. AUD/USD Signal February 20, 2012 Enjoy this free AUD/USD signal from the experts at DailyForex.com. EUR/USD Signal February 20, 2012 See where the EUR/USD is headed in this free Forex signal. USD/JPY Signal February 20, 2012 To start the week off, DailyForex.com is providing you with a free Forex signal for the USD/JPY pair. See where it is headed and find your stop loss now! EUR/USD Daily Outlook Feb. 20, 2012 EUR/USD continues to irritate a lot of traders. The Friday session was a perfect example of why. The initial move for the session was higher, but the nerves about the European Union issues came back, and as a result we saw the pair fall back down to form a shooting star. AUD/USD Daily Outlook Feb. 20, 2012 AUD/USD has been going sideways for about two weeks now, and although the world’s stock markets are doing reasonably well, the pair has found traction a difficult thing to accomplish. NZD/USD Daily Outlook Feb. 20, 2012 NZD/USD moved sideways on Friday as the pair continues to hover around the 0.8250 area. The pair is very sensitive to risk as well as the commodity trade as New Zealand is a net exporter of agricultural commodities hand over fist. EUR/USD Backs Off 1.3200 The EUR/USD is falling slightly in the hours leading up to the London open, having run into that pesky resistance at 1.3230 again. Last week the pair produced a weekly hammer candle closing just shy of the resistance zone, and possibly indicating higher prices to come soon. Weekly FX Forecast- Feb. 19, 2012 Take a look at where the major currencies like EUR/USD and GBP/USD should be heading this week, and plan your weekly Forex trading smartly. NZD/USD Radar Signal Feb. 17, 2012 See a free Forex signal from the experts at ForexRenew for the NZD/USD. Have a great weekend! EUR/USD Daily Outlook Feb. 17, 2012 The EUR/USD pair continues to trade on the latest rumor and headline that comes out. The Thursday session proved to be no different as the rumors of the European Central Bank swapping out short term Greek debt for long term Greek debt come out on the various wires. USD/CAD Daily Outlook Feb. 17, 2012 USD/CAD continued to hover around the parity level on Thursday, and the market saw a decent reversal for the session. The pair is often moved by a couple of factors such as risk appetite and oil markets, and will find itself being influenced by a myriad of factors at the same time quite often. USD/CHF Daily Outlook Feb. 17, 2012 The USD/CHF market is one that is presently going through a metamorphosis. The pair has traditionally been one that saw the market fall as risk aversion increased. It used to be that the Swiss Franc was a currency that everyone wanted to own in tough times. GBP/USD Breaks Resistance The GBP/USD or Sterling as it is known, broke and closed above 1.5800 today and has held the zone around 1.5805 all the way through the Asian market session. Successful Trades on February 16, 2012 See how one trader used DailyForex's technical analysis to profit on a binary options platform. EUR/USD Golden Ratio - Feb. 16, 2012 See how the Golden Ratio relationship can limit market uncertainties for EUR/USD. EUR/USD Daily Outlook Feb. 16, 2012 EUR/USD continues to be an interesting place in which to do business. It seems that every time the market gets a bit of good news, something ugly comes back out of the closet and has traders running like frightened children. NZD/USD Daily Outlook Feb. 16, 2012 The Kiwi dollar is one of the most favored “risk on” trades for currency traders. The pair is highly correlated to the commodity markets, and the willingness of traders to buy non-bond assets around the world. USD/CHF Daily Outlook Feb. 16, 2012 The USD/CHF pair has continues to grind sideways lately, and the pair is probably not on the radar of many traders. Sometimes, this makes for the best markets to be involved in. GBP/USD Signal Update Feb. 16, 2012 Here is a signal update for the GBP/USD. If you missed the original signal, you can still benefit and find your target! EUR/USD Breaks Support In the last hours of the Tokyo trading session, the EUR/USD seems to be confirming that is has broken through the support zone that has been holding it up since January of this year. EUR/USD Signal Update - Feb. 16, 2012 If you've been following our EUR/USD signals, make sure to get this update - if not, you can still find your target and stop loss here. Successful Trades on February 15, 2012 Based on DailyForex analysis, a trader profited on a binary options platform. Mid Week Summary Feb. 15, 2012 Watch the major currencies updates of this trading week EUR/USD Daily Outlook Feb. 15, 2012 As per usual, the EUR/USD is full of drama. In a sense, this pair has been one that cannot be traded for more than a few minutes at a time, and as a result it has been liable for numerous account blow ups in the Forex world lately. EUR/JPY Daily Outlook Feb. 15, 2012 EUR/JPY had a fairly bullish day on Tuesday as the Bank of Japan announced several new schemes to try and devalue the Yen overall. AUD/USD Daily Outlook Feb. 15, 2012 AUD/USD fell for much of the session on Tuesday as the “risk off” trade came back into the markets. The situation in Europe continues to push the markets around in general, and the Aussie is no real exception. Successful Trades on February 14, 2012 One trader manage to profit on a binary options platform using today's technical analysis USD Index Direction - Feb. 14, 2012 See how the USD index should be moving in this technical forecast from a pro trader. GBP/USD Signal February 14, 2012 Ready for another free Forex signal? See where the GBP/USD is headed! EUR/USD Signal February 14, 2012 Love is in the air this Valentine's Day as the expert traders at DailyForex.com bring you a free EUR/USD Forex signal. Good luck! EUR/USD Daily Outlook Feb. 14, 2012 The Greek Parliament voted in favor of austerity in the early part of the Asian session on Monday in order to receive the next tranche of bailout money. The pair has been volatile over the last year or so on these issues, which quite frankly, started even sooner than that. GBP/USD Daily Outlook Feb. 14, 2012 The GBP/USD pair is a highly risk sensitive one. The British Pound is currently in the crosshairs of bears as the United Kingdom is so heavily exposed to the problems in the European Union, not the least of which includes the banking sector of Britain, which is most certainly holding debt in that region. AUD/USD Daily Outlook Feb. 14, 2012 The AUD/USD pair rose on optimism out of Athens when the austerity measures past during the early hours of the Monday session. The pair is very risk-sensitive and as a result popped originally. USD/CHF Support Still Holding The Swissy continues to trade between its 2 week high of 0.9262 and the opposing low at 0.9087 for the 3rd week in a row. Support at 0.9120 has been tested several times with price falling right back into its range day after day. Successful Trades on February 13, 2012 See how one trader that used today's technical analysis profited on a binary options Forex platform EUR/USD Daily Outlook Feb. 13, 2012 EUR/USD continues to be the focus of the Forex world as the debt crisis drags on and on. The Greeks are trying everything they can to drag out the situation as the political realities domestically are getting more and more heated. EUR/CHF Daily Outlook Feb. 13, 2012 The EUR/CHF pair is one that is a bit different than the others because of direct central bank intervention. The Swiss National Bank has put in a “minimum acceptable rate” for the pair at 1.20, and at that announcement, the pair skyrocketed in a few short hours, gaining well over 1,000 pips. USD/JPY Daily Outlook Feb. 13, 2012 USD/JPY is a highly manipulated pair. People often argue about whether or not Forex is manipulated, but the argument is pointless. The main reason for that is that the market is obviously manipulated, but not necessarily by the people that are accused. Aussie Holds Above Support The AUD/USD has managed to stay above weekly Support & resistance at 1.0650, with action during the opening hours remaining Bullish. Weekly FX Forecast - Feb. 12, 2012 Take a look at where the major currencies like EUR/USD and GBP/USD should be heading this week, and plan your weekly Forex trading smartly. EUR/USD Daily Outlook Feb. 10, 2012 The announcement of a deal has also been strangely accompanied by a severe lack of details, and the community seems far from being overly impressed by whatever it is that Athens thinks it has come up with. USD/CAD Daily Outlook Feb. 10, 2012 USD/CAD continued to grind away during the Thursday session as the oil markets go back and forth. Also, with a European Union that seems to only be touching on the edges of a deal, although the “risk on” attitude has been dominant, it hasn’t necessarily been prominent. USD/JPY Daily Outlook Feb. 10, 2012 USD/JPY has been a highly manipulated market lately, and the Bank of Japan has even gone so far as to admit that it had been clandestinely intervening in the recent past. AUD/USD Pulls Back The AUD/USD pair is slowly but surely pulling back to the previous resistance level at 1.0675, and is hovering around the 3 month highs at roughly 1.075. Successful Trades on February 9, 2012 See how a trader that used today's technical analysis by C. Lewis profited on a binary options platform. EUR/USD Daily Outlook Feb. 9, 2012 EUR/USD continues to grind along as the Greeks and representatives from the Troika hold talks in Athens. The pair has been extremely patient, as the markets in general have as well. EUR/CHF Daily Outlook Feb. 9, 2012 The EUR/CHF pair rose for much of the session on Wednesday as word got out that the talks between the Greeks and the Troika were progressing quite nicely. AUD/USD Daily Outlook Feb. 9, 2012 AUD/USD has been extremely bullish as of late, in a perfect storm of sorts. The pair features a currency that exports commodities to the rest of the world, and most importantly – China. Swissy Breaks Weekly Support The USD/CHF pair has broken below the Weekly Support (S1) level of 0.9110 with roughly 20 minutes to go before the close of the Tokyo trading session. Price has been testing this level for well over a week straight beginning back on January 27. Successful Trades on February 8, 2012 See how one trader used today's technical analysis by Christopher Lewis and profited on a binary options platform. EUR/USD Daily Outlook Feb. 8, 2012 EUR/USD continues to trade in the fairly tight range that we have seen recently, as the markets are being driven on emotion more than anything else. The Tuesday session saw rumors and markets that wanted to get “ahead of the news”. GBP/USD Daily Outlook Feb. 8, 2012 If you had a chance to watch yesterday’s video on the GBP/USD pair, you will have seen that the 1.59 level was one that I had concerns about. The rumored agreement between Athens and the Troika on Tuesday had the markets in a “risk on” mood, and the Pound gained. EUR/JPY Daily Outlook Feb. 8, 2012 EUR/JPY has had a strong run as of late, rising from the 100 level to the 102 area. The pair is highly sensitive to risk appetite, and will often move in tandem with global stock markets such as the S&P500, Nikkei, and DAX. EUR/USD Breaks Resistance The EUR/USD has finally broken through the weekly resistance zone of 1.3233 with a close above at 1.3259, just north of the zone. This was key for the EURO's advance as this level has been hindering the Bulls process , and might still continue to as there is significant traffic to the left on a daily chart. Successful Trades on February 7, 2012 Based on Christopher Lewis’s analysis, a trader profited on a binary options platform. EUR/USD Daily Outlook Feb. 7, 2012 The EUR/USD pair continues to chop around as the Monday session saw very little settled other than the 1.30 level as being supportive – which we already knew. USD/CAD Daily Outlook Feb. 7, 2012 USD/CAD is a pair that will often give traders a lot of headaches. In order to understand why it acts so odd, you must understand the underlying fundamentals that the two currencies have pushing the pair around. Sterling Support Holds The GBP/USD, or Sterling as it is known, was once again unable to close below the weekly pivot S/R zone at 1.5778. This level was tested by the bears on at the end of last week and again today without success. Successful Trades on February 6, 2012 A trader profited on a binary options platform Based on Christopher Lewis’s analysis. Gold Outlook Feb. 6, 2012 The better-than-expected job news released in the US on Friday caught many investors on the hop, and whilst the 243,000 increase in non-farm payrolls strengthened the USD, Gold retreated from an 11 week high and decreased for the first time in 4 trading sessions. Weekly FX Forecast - Feb. 6, 2012 Check out this weekly Forex forecast of pairs including EUR/USD, USD/JPY, AUD/USD and more and start your trading week right. EUR/USD Daily Outlook Feb. 6, 2012 The EUR/USD pair continued to chop about on Friday as the Non-Farm Payroll numbers came out better than expected. EUR/GBP Daily Outlook Feb. 6, 2012 EUR/GBP isn’t a pair that moves quickly. Because of this, a lot of traders don’t typically ge4t involved in it. However, one of the great things about this pair is the ability for it to trend for long periods of time, and if the trader is willing to be patient – it is fairly steady in its movements. AUD/USD Daily Outlook Feb. 6, 2012 AUD/USD has been acting as if the laws of gravity don’t apply to it anymore. Loonie Continues To Strengthen With the Greek debt crisis set to take over the Forex news headlines this week, I thought I would focus on the advances of the Loonie against the Greenback... NZD/USD Daily Outlook Feb. 3, 2012 The Kiwi dollar has been acting like someone shot it out of a cannon lately. EUR/AUD Daily Outlook Feb. 3, 2012 EUR/AUD is probably the trade you have missed. The pair broke through the 1.29 level back in December. Euro Set To Break The markets were pretty cool today with the Bears & Bulls gaining and losing ground almost equally. USD Index Movement - February 2, 2012 See how the USD index should be moving in this technical forecast from a professional trader. Successful Trades on February 2, 2012 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. USD/JPY Signal - February 2, 2012 Check out this USD/JPY signal based on Elliott Waves and Fibonacci principles. EUR/USD Daily Outlook Feb. 2, 2012 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. GBP/USD Signal - February 2, 2012 This GBP/USD signal is based on the hourly chart, so don't wait long to make your move. USD/JPY Daily Outlook Feb. 2, 2012 The USD/JPY pair has been a battlefield of sorts between the entire planet, and the Bank of Japan. EUR/GBP Daily Outlook Feb. 2, 2012 EUR/GBP has been in a bear market lately, as the Eurocentric issues continue to drag on. The Euro has suffered against almost all currencies over the last several months, and the Pound has been no different. Swissy Consolidates On Support The USD/CHF has stopped once again on the support zone at 0.9125 and is being held in check by the Daily Moving Average to the upside at 0.9236 creating a trading box of 110 points give or take a few pips. Successful Trades on February 1, 2012 A trader that used today's Forex technical analysis profited on a binary options platform. EUR/USD Signal - February 1, 2012 EUR/USD is set for a possible breakout - check this free Forex signal to get the full analysis. EUR/USD Daily Outlook Feb. 1, 2012 The EUR/USD pair has been a real challenge for many traders lately, and the Tuesday session did very little to alleviate the back and forth nature that the pair has been trading in over the last several weeks. USD/JPY Daily Outlook Feb. 1, 2012 USD/JPY continued to fall on Tuesday as traders bought the Yen overall in the currency markets. USD/CHF Daily Outlook Feb. 1, 2012 USD/CHF has suffered a significant pullback since reaching the 0.96 handle a little over a week ago. Midweek Summary: Jan. 30-Feb 3, 2012 The weekly changes in the Forex world - weekly summary. Sideways Aussie The Aussie has been struggling to break and hold above resistance at 1.0630 and as such has basically been sideways as a result. USD Index Direction - Jan. 31, 2012 Get a target and stop loss for the USD index and find your direction in the market now. GBP/USD Signal - January 31, 2012 This GBP/USD Forex signals is good only for an hour or two, so don't wait long to make your move! EUR/USD Daily Outlook Jan. 31, 2012 EUR/USD fell on Monday as traders continue to ebb back and forth in their “risk appetite” as far as Europe goes. GBP/USD Daily Outlook Jan. 31, 2012 GBP/USD has been on an absolute tear recently. The move has been parabolic by just about any definition, and the Federal Reserve promising ultra low interest rates until at least the end of 2014 has done nothing to get in the way. AUD/USD Daily Outlook Jan. 31, 2012 AUD/USD has been bullish as of late, and with the Federal Reserve promising easy rates until the end of 2014, this trend is more than likely going to continue. Yen Eyes 3 Month Lows The USD/JPY pair has had 3 Bearish days in a row halting at the 76.30 S/R zone that has been supporting the pair since July 2011. EUR/USD Daily Outlook Jan. 30, 2012 EUR/USD has been a frustrating pair for many traders lately. The pair has been the epicenter of mass confusion and occasional bouts of “hopium” by the markets. USD/JPY Daily Outlook Jan. 30, 2012 USD/JPY has been stuck in consolidation for quite some time. The Bank of Japan has been working against the value of the Yen, and this pair is its main instrument for doing that. AUD/JPY Daily Outlook Jan. 30, 2012 AUD/JPY is a pair that I have been writing about quite a bit lately. This is mainly because the pair is so informative in general. EUR/USD Signal - January 30, 2012 Our professional trader starts this trading week with a EUR/USD Signal. See how the trading week begins! AUD/USD Signal - January 30, 2012 Our pro trader starts the trading week with a AUD/USD Signal. See how the trading week begins! GBP/USD Signal - January 30, 2012 Our expert trader starts this week with a GBP/USD Signal. See how the trading week begins! Key Level For Euro A quick search on the internet will net anyone about a hundred different analysis on the EUR/USD pair, but it is a hot pair and one of the easiest to trade so I will offer my observations as well. Gold Outlook - January 30, 2012 This time last week, I was making a strong recommendation to buy gold futures. Another volatile week for the USD saw gold rally 4.43% over the course of the trading week, settling at $1741.55 a troy ounce by close of play Friday. GBP/USD Daily Outlook Jan. 27, 2012 GBP/USD rose again on Thursday as the mania continues. The UK even came out with negative GDP numbers the other day. EUR/USD Daily Outlook Jan. 27, 2012 The EUR/USD pair rose initially on Thursday as traders around the world celebrated the Federal Reserve’s quest to kill the US dollar in the form of low rates until the end of 2014. EUR/AUD Daily Outlook Jan. 27, 2012 The EUR/AUD is a pair that far too many retail traders neglect. The pair is often thought of as “exotic”. Sterling Hits A Wall? The Sterling pushed its way through the daily moving average that was noted to be a key level in my previous article on the pair earlier this week. Successful Trades on January 26, 2012 See how one trader used today's Forex technical analysis and profited on a binary options platform. EUR/USD Daily Outlook Jan. 26, 2012 EUR/USD has been a focal point for most of you recently, and with good reason. The pair is essentially the barometer of all things debt related, and as a result it has been a real pain to trade at times. AUD/USD Daily Outlook Jan. 26, 2012 AUD/USD rose during the session on Wednesday as the world continues to search for yield. The Federal Reserve announced that the interest rates in the United States would remain ultra low until the end of 2014. USD/JPY Daily Outlook Jan. 26, 2012 USD/JPY originally rose during the session on Wednesday as the Dollar got a nice boost overall. Successful Trades on January 25, 2012 See how a trader managed to profit on a binary Forex options platform. EUR/USD Daily Outlook Jan. 25, 2012 EUR/USD had an interesting session on Tuesday as the pair initially fell on debt concerns. NZD/USD Daily Outlook Jan. 25, 2012 NZD/USD is a pair that a lot of traders have trouble with. It is probably because of the very nature of the pair. While some consider it a major pair, it is much less liquid than some of its peers as the nation of New Zealand is fairly small. GBP/USD Daily Outlook Jan. 25, 2012 The GBP/USD pair has been frustrating bears for several sessions now as it simply refuses to fall. Sterling Crosses Daily MA The GBP/USD Daily Moving Average was broken today, with price actually closing the day 19 pips above the DMA. Weekly summary: 23-27 January 2012 What were the weekly changes in the Forex world - weekly summary. USD Technical View - Jan. 24, 2012 US Dollar Index just landed on a support level at 9,860 and 0.318 Fibonacci level with a reversed contracting triangle - find out what this means here. Successful Trades on January 24, 2012 See how one trader managed to profit on a binary options platform. USD/CAD Daily Outlook Jan. 24, 2012 USD/CAD has been a tricky pair to trade lately as the oil markets have been rocked back and forth by the Iranian drama. NZD/JPY Daily Outlook Jan. 24, 2012 NZD/JPY is a great pair to trade is you have a good handle on the global trading attitude. When times are good, the Kiwi is loved, as there are many investments in New Zealand that offer more of a return than in larger developed countries. EUR/USD Daily Outlook Jan. 24, 2012 EUR/USD has spent the last several sessions rising in value as the markets try to get ahead of any potential agreement on which way to go forward in the European Union’s ongoing debt crisis. Swissy Still Sinking The USD/CHF has closed below a weekly support zone at 0.9300 with the daily candle close today at 0.9275. This, combined with the Euro's Bullish advance today is a good indication that this pair could be once a gain turning Bearish. Successful Trades on January 23, 2012 See how a trader used today's Forex technical analysis and profited on a binary options platform. Weekly Gold Outlook- January 23, 2012 The precious metals market enjoyed a volatile but profitable week for traders as gold ended the ended the week with a range of $38.70, and $9.50 higher for the week, closing Friday at $1666.75, a rise of 0.74% for the day. GBP/USD Signal- January 23, 2012 Our expert trader starts the week off with a GBP/USD Signal. See how the trading week begins here! EUR/USD Daily Outlook Jan. 23, 2012 The EUR/USD continued its rise in value on Friday as traders anticipated a possible workaround involving the creditors and Greek government. Also, the general “risk on” attitude came back into the markets, and this became a bit of an environment that favored a bounce in this very obviously oversold pair. AUD/JPY Daily Outlook Jan. 23, 2012 A couple of sessions back, I took a look at the AUD/JPY pair as one that could potentially be ready to make a move. Based upon a triangle that had been forming, the moving averages going sideways, and the pair pressing upwards against a Fibonacci 50% retrace level, I thought that perhaps the move was coming quickly, and it appears that it did in fact happen. GBP/USD Daily Outlook Jan. 23, 2012 GBP/USD has been a very bearish pair for quite some time now. The last couple of months have seen unrelenting selling of the pair every time it has tried to rally, which makes the move during the last week so impressive. Kiwi Continues to Climb The NZD/USD or Kiwi as most traders call it, has continued its Bullish ascent and closed above a daily zone on Friday at 0.8050. The pair fell as low as 0.7994 that day but closed much higher at 0.8062. Weekly FX Forecast - January 22, 2012 This weekly Forex forecast covers major currency pairs including EUR/USD, GBP/USD and more to give you a full look at this week's market opportunities. EUR/JPY Signal January 20, 2012 Start your weekend right with a EUR/JPY signal by an expert trader! EUR/USD Daily Outlook Jan. 20, 2012 The EUR/USD pair has continued to be the focus of the entire market it seems. Over the last few months, it seems that everything eventually goes back to bond auctions, and because of this all traders has had to suddenly become focused on bond auctions in such places as Greece, Portugal, Spain, and Italy. AUD/USD Daily Outlook Jan. 20, 2012 AUD/USD continues to grind higher overall in the face of many economic headwinds. The move has been pretty impressive if you think about it as the Aussie is historically one of the first currencies to get whacked when bad news comes out. USD/CAD Daily Outlook Jan. 20, 2012 USD/CAD has been an interesting pair lately. The oil markets always tend to have an effect on the value of the Canadian dollar, and as such this pair, along with the Norwegian Krone, (USD/NOK) will often move inversely to the price of oil. Successful Trades on January 19, 2012 A Professional trader used today's technical Forex analysis and profit on a binary options platform. EUR/JPY Signal - January 19, 2012 Use this EUR/JPY free Forex signal based on butterfly patterns to trade intelligently now. GBP/USD Signal Update Jan. 19, 2012 Find out how the GBP/USD is doing based off last week's trading signal EUR/USD Daily Outlook Jan. 19, 2012 EUR/USD rose during the session on Wednesday as the market celebrated the semi-decent successful bond auctions, (save Portugal) and the apparent IMF expansion of bailout money in the case of a European meltdown. NZD/USD Daily Outlook Jan. 19, 2012 The NZD/USD had a strong day on Wednesday as the market bought up plenty of risk assets around the world. The Kiwi will almost always be a great barometer of risk sentiment as it is so highly tied in with commodities. USD/CHF Daily Outlook Jan. 19, 2012 USD/CHF fell for the session on Wednesday as traders sold off the Dollar in general. The market seemed quite happy during the session, and that almost always seems to mean bad news for the Greenback. EUR/USD Signal Update Jan. 19, 2012 Haven't gotten in on last week's EUR/USD signal? It's still valid and you can find your entry and targets now! Successful Trades on January 18, 2012 See how a trader used today's Forex technical analysis to earn on a binary options platform. EUR/USD Daily Outlook Jan. 18, 2012 The EUR/USD had a somewhat bullish session on Tuesday as traders reacted to decent a decent bond auction in Spain. Also, the yields in several European countries came down, and as has been the correlation lately, the Euro gains in that scenario. AUD/USD Daily Outlook Jan. 18, 2012 AUD/USD rose on Tuesday as traders continue to pump money into the commodity currencies. The fact that many believe that central banks are about to enter another round of quantitative easing will often fuel commodity booms, and as a result the countries that produce commodities for everyone else will often see massive inflow of currency causing their exchange rates to rise. USD/CAD Daily Outlook Jan. 18, 2012 USD/CAD fell during the Tuesday session as the oil markets gained again. The Dollar sold off in general, so the fall in this market wasn’t a big surprise. Successful Trades on January 17, 2012 See how one trader profited by trading binary options based on today's technical analysis. EUR/USD Daily Outlook Jan. 17, 2012 EUR/USD had a fairly quiet session on Monday as the Americans celebrated Martin Luther King Day. The lack of volume certainly played into the lack of movement, but there was a downgrade of the EFSF bonds of one notch due to the several downgrades by S&P on Friday. USD/CAD Daily Outlook Jan. 17, 2012 USD/CAD can sometimes be a tricky pair to trade. While most of you probably understand that the oil markets can create motion in this market due to the Canadians exporting so much of it, there are many other factors at play often as well. USD/JPY Daily Outlook Jan. 17, 2012 USD/JPY is a bit of an issue for many traders. The pair in the best of times is volatile, and it seems that a lot of new traders tend to get far too interested in the idea of a central bank wanting to devalue its own currency, as the Bank of Japan does. Successful Trades on January 16, 2012 See how one trader profited by trading binary options based on today's technical analysis. EUR/USD Daily Outlook Jan. 16, 2012 EUR/USD fell for the bulk of the Friday session amidst rumors of a potential French downgrade by S&P. The downgrade did in fact happen, but it was only after the bulk of traders went home for the weekend after 4 pm New York time. EUR/AUD Daily Outlook Jan. 16, 2012 EUR/AUD is an interesting cross at the moment. As many of you know, the Euro is in big trouble as the problems in the EU and its debt markets have the world on edge. AUD/USD Daily Outlook Jan. 16, 2012 AUD/USD has been an interesting pair lately. While the Dollar has done quite well against most currencies, the Aussie continues to show a determination to grind higher. Weekly FX Forecast- January 16, 2012 Check out this pro trader's Forex forecast for the majors before making any trades this week! Weekly Oil Outlook- January 16, 2012 The increased volatility in the Crude Oil markets pushed many investors away from the more risky assets into the more traditional safe havens such as the USD. Kiwi Still Bullish The NZD/USD is appears to be continuing its Bullish run on the charts, closing higher than open on the last trading day of last week after testing a Bullish trend line which started in mid December. EUR/USD Daily Outlook Jan. 13, 2012 EUR/USD got a boost for the Thursday session as the ECB didn’t mention anything related to rates, and also talked about liquidity measures to shore up the banking system in that area. The Italians and Spanish also managed to attract some interest in buying their bonds as well, and this shows that perhaps the banks in Europe are starting to buy these bonds with the cheap money that the European Central Bank has given them. AUD/USD Daily Outlook Jan. 13, 2012 AUD/USD caught a bit of a bid on Thursday as the trading community looked for reasons to sell the US dollar. The pair is a good barometer on global risk, and the commodity markets as a whole. GBP/USD Daily Outlook Jan. 13, 2012 GBP/USD sank for the first part of the Thursday session, but found its footing later to bounce back in the end. The 1.53 level is massive support, and the fact that we formed a hammer at that level suggests that we are not quite ready to fall apart in this market yet. EUR/USD Update A EUR/USD Signal Update to bring on the weekend with! Good Luck Aussie Bulls Hit Walls The AUD/USD hit a wall at 1.0380 today, the same zone that has stopped the bulls advance and held the Bears back on numerous occasions in 2011. NZD/USD Radar Signal-January 13, 2012 Get a free NZD/USD radar signal from pro traders, and find your chance to profit in the Forex market. EUR/USD Daily Outlook Jan. 12, 2012 EUR/USD fell again for the Wednesday session as the European issues seemingly are going to be with the market for quite some time. The bears can come up with a seemingly endless amount of reasons to sell this pair, and the headlines certainly seem to back them up in that line of thinking. GBP/USD Daily Outlook Jan. 12, 2012 The GBP/USD pair fell on Wednesday as traders attempted to break down the pair. The Pound in general looked very weak, and was even beat up by the lowly Euro. The pair is a barometer of global risk quite often, and stocks did have a rough day on the whole, so this move wasn’t completely unexpected. AUD/JPY Daily Outlook Jan. 12, 2012 AUD/JPY can be a wild pair to trade. Swings over a couple hundred pips in a 24 hour session aren’t exactly unheard of, and during the financial meltdown a couple of years ago, we saw some days that moved over 5 handles! Follow Up on EUR/USD Movement Follow up on where the EUR/USD is headed based on the original signal! GBP/USD Signal Update Follow up on the GBP/USD movement from January 11, 2012- Soft Target and Stop Loss! Euro Continues Downward The Euro was stopped in its tracks again today by the weekly support zone at 1.2675 for the second time this week. Price moved down into this zone on Monday here in North America and opened Tuesday's trading at almost the same price as it closed on Monday, just above the 1.2675 zone. Successful Trades on January 11, 2012 See how one trader used today's Forex technical analysis and profited on a binary options platform. GBP/USD Signal Follow Up See where the GBP/USD is headed based on the January 10, 2012 Signal EUR/USD Signal Follow Up Follow up on the January 10, 2012 EUR/USD signal here! EUR/USD Daily Outlook Jan. 11, 2012 The EUR/USD pair rose in the earlier hours of the session on Tuesday as the markets tried to rally around the idea of another EU summit. The European Central Bank is also meeting during the week, and perhaps some traders got ahead of the meetings in the hope that some kind of solution could be forthcoming. EUR/JPY Daily Outlook Jan. 11, 2012 The EUR/JPY pair rose during the larger part of the session on Tuesday as traders attempted to rally the riskier assets around the world. However, the long standing correlation between the S&P500 and this pair broke down a while ago, and it looks as if only a certain amount of traders don’t know this. GBP/CAD Daily Outlook Jan. 11, 2012 GBP/CAD fell during the session on Tuesday again as downward pressure continues to push this market around. The pair isn’t the most liquid out there, but the fact that the 1.57 level has offered so much support shows just how important the area the market finds itself in is. EUR/JPY Consolidates The EUR/JPY appears to be consolidating after its (mostly) bearish run downwards the last 2 weeks. Price moved little in today's trading, after having something of a bullish day yesterday. Successful Trades on January 10, 2012 A trader used today's Forex technical analysis to profit on a binary options platform. 2012 Forex Forecast for the Majors Check out this Forecast of Major Pairs thanks to an expert analyst from easy-forex.com EUR/USD Daily Outlook Jan. 10, 2012 The EUR/USD pair bounced a bit on Monday as traders came back in full force for the year. The Non-Farm Payroll report on the first Friday of the month always makes for a low volume affair, and as it was on the 6th of January, many people think that a lot of the traders simply waited until Monday to start trading for the year. USD/CAD Daily Outlook Jan. 10, 2012 The USD/CAD pair quite strongly during the Monday session as the Dollar was hit on all fronts. The oil markets printed a nice hammer to suggest strength, and this in turn will always produce demand for the Canadian currency. EUR/AUD Daily Outlook Jan. 10, 2012 Few currencies at the moment have more toxicity attached to them as the Euro. In fact, there are only two that come to mind: The South African Rand and the Hungarian Forint. This puts things into perspective on just how bad things have gotten for the common currency. EUR/USD Signal- January 10, 2012 Trade with EUR/USD? This free signal should help you today! USD/JPY Signal- January 10, 2012 For those of you that trade the Japanese Yen, hope this free Forex signal helps! GBP/USD Signal- January 10, 2012 See where the British Pound and the US Dollar are headed today thanks to this free signal! Swissy Reverses The Swissy appears to have found some resistance at yesterday's close of 0.9550 after reaching as high as 0.9594 before falling 100 pips to close well below yesterday's open and closing the day at 0.9494. EUR/USD Radar Signal-January 10, 2012 Check out this EUR/USD radar signal from the trading experts at FXRenew - yours free at DailyForex. Successful Trades on January 9, 2012 See how one trader turned today's Forex technical analysis into profitable trades on a binary options platform. EUR/USD Daily Outlook Jan. 9, 2012 The EUR/USD fell again on Friday as the Non-Farm Payroll report came out better than expected. This showed a nice contrast to the situation in Europe as the situation over there continues to get worse. CAD/JPY Daily Outlook Jan. 9, 2012 The CAD/JPY pair fell on Friday as the oil markets slowed down. The pair can often follow the crude markets, and as those markets are looking a bit stagnant, this pair has the ability to fall. It is a matter of simple supply and demand most of the time, as the Canadians export oil, and the Japanese import 100% of their oil. AUD/USD Daily Outlook Jan. 9, 2012 AUD/USD fell on Friday as the Dollar continues to pick up steam. The pair has recently seen a surge as the Aussie has enjoyed a bit of a safety status as it offers a bit of yield in a world that has little. AUD/USD On a Zone? The Pacific Peso or AUD/USD is sitting on a weekly Support/Resistance zone at 1.0152 after closing last week with a potential reversal candle that broke the next resistance zone at 1.0383 by only 3 pips and then fell to its current level of 1.0155 (at time of writing). Weekly FX Forecast - January 8, 2012 Check out this pro trader's Forex forecast for the majors before making any trades this week! EUR/USD Daily Outlook Jan. 6, 2012 EUR/USD continued to show weakness on Thursday as the Dollar bulls stepped into the market with full force. The bond auctions in the European Union went alright, but weren’t as oversubscribed as traders would have liked in France. GBP/USD Daily Outlook Jan. 6, 2012 GBP/USD fell during the session on Thursday as the consolidation area continues to contain moves by cable. The pair has been stuck between the 1.58 and 1.54 levels over the several weeks, and looks set to respect those areas going forward. GBP/JPY Daily Outlook Jan. 6, 2012 GBP/JPY continued to fall on Thursday as the risk appetite of traders waned yet again. The pair has been decidedly bearish overall, and looks like this theme could continue. However, we have a Non-Farm Payroll report coming out later today that will certainly have its say with the highly risk-sensitive pairs such as this one. EUR/CAD Continues to Fall The EUR/CAD has been falling for 8 weeks in a row and this week makes it 9. Looking at a daily chart, we see only 5 candles in those 9 weeks that this pair closed higher than it opened, and of those 4 were either indecision, or consolidation patterns closing only slightly higher than open. Successful Trades on January 5, 2012 A Professional trader used today's technical analysis and profit on a binary options platform. EUR/USD Daily Outlook Jan. 5, 2012 The EUR/USD fell on Wednesday again as the “risk on, risk off” attitudes of the market continue to wax and wane almost daily. The pair is currently struggling to make any real gains, but is also being held aloft by the support area near the 1.30 mark. EUR/GBP Daily Outlook Jan. 5, 2012 The EUR/GBP pair fell on Wednesday as the Euro continues to struggle against many currencies around the world. The pair features two currencies that are inexorably tied together as the geographical proximity ensures quite a bit of trade between the two regions. AUD/CHF Daily Outlook Jan. 5, 2012 AUD/CHF isn’t a pair that most traders follow. The fact is that they should, but they simply don’t as a rule. One of the greatest things about this pair is that it tends to trend for very long stretches of time. EUR/JPY Sinks Lower The EUR/JPY has been in a bearish trend more or less since April of 2011 when it peaked at 123.33 after almost 3 years of being overall bearish. The overall high was actually established in May of 1990 when the pair reached a high of 188.22! Successful Trade on January 4, 2012 See how a Professional trader turned today's Forex technical analysis into profitable trades on a binary options platform. NZD/USD Daily Outlook Jan. 4, 2012 The Kiwi dollar had a grand day on Tuesday as the “risk on” trade appeared globally. The first real trading day of the year often will bring a lot of money into the markets as money managers are looking to put money to work, and they are overwhelmingly “long only” funds, which mean that they can only buy stocks, commodities, or other financial instruments. In other words, they are positively biased. USD/CAD Daily Outlook Jan. 4, 2012 USD/CAD had a bearish day on Tuesday as the oil markets got a bit of a bump in lighter volume trading. The Canadian dollar showed its relationship quite with the oil markets quite well as the currency gained against most currencies around the world. EUR/USD Daily Outlook Jan. 4, 2012 EUR/USD rose during the Tuesday session as traders returned from the holidays for the first “real” day or trading. The volumes are probably still a bit on the light side, as the Non-Farm Payroll numbers will be coming out on Friday. Euro Finds Some Support I've been thinking for the last 2 weeks that the Euro was due for either a retracement or a reversal...so it was no surprise that last Friday when I looked at the daily chart for the Euro and noticed a really nice reversal set-up of a support zone. AUD/USD Signal Update - January 3, 2012 Check out this update on our expert's previous AUD/USD Forex signal, and stay on top of the market. GBP/USD Signal- January 3, 2012 Currency: GBP/USD Trend Expected Direction: Down Strategy: Ichimoku Kinko Hyo AUD/NZD Daily Outlook- Jan 3, 2012 While not being one of the most favored pairs in the FX markets, the AUD/NZD pair can be quite useful. On the negative side, the spread is normally fairly wide at best, and the action is choppy most of the time. EUR/JPY Daily Outlook- Jan 3, 2012 EUR/JPY continued to sell off on Monday as traders run from the Euro overall. Trading volume was almost non-existent, and as a result the moves in most pairs were muted. The breaking below the 100 mark is actually parity in this pair as the Yen is denominated in sequences of 100, and this shows just how weak the Euro actually is at this point in time. EUR/USD Daily Outlook- Jan 3, 2012 The EUR/USD pair had a quiet day as traders started to come back from holiday on Monday. The pair continues to tread water between the 1.29 and 1.30 levels, and looks set to experience further weakness going forward. NZD/USD Signal-January 3, 2012 Currency: NZD/USD Trend Expected Direction: Down Strategy: Ichimoku Kinko Hyo AUD/USD Signal-January 3, 2012 Currency: AUD/USD Trend Expected Direction: Down Strategy: Ichimoku Kinko Hyo Manufacturing Decline Pressures EUR The much maligned Euro started 2012 where it left off in 2011, finding itself under increased pressure following today’s announcement that activity in the Eurozone manufacturing sector dropped for the 5th consecutive month. EUR Hits Lowest Point in 10 Months The Euro has hit it lowest point against the US Dollar since last February. As we all know, the Eurozone is facing many economic difficulties, which is pressuring the currency against the US Dollar. Weekly FX Forecast - January 2, 2012 It's a new year, a new week - and it's time to start trading Forex with the proper guidance! Check out this weekly Forex forecast from an expert to get on track now. GBP/USD Expect Continuation to Downside Yesterday the GBP/USD broke below a very strong area of support at 1.5424 It then fell down to another level of support just above 1.5432 then profit taking kicked in and price bounced up and what was support may have reversed roles and may now be resistance and could begin to drop from where it is. Down Day for EUR/USD This week has been a very interesting week for the EUR/USD. Price has broken a strong area of visual support and has made its retracement to the upside, has nearly made contact with the daily 5 ema and is now ready to drop. Euro Falls against Dollar Finds Support The EUR/USD pair fell below the 1.29 level on Thursday as traders reacted to the lackluster Italian 10-year bond auctions during the session. The Italians are paying more than 7% on the 10-year notes now, and as a result the Euro sold off to the safer Dollar. USD Year End Expected Movement Where will the USD be headed as we close out 2011 and head into 2012? Find out what one expert trader thinks. Successful Trades on December 29, 2011 A trader used today's Forex technical analysis to profited on a binary options platform. EUR/USD Signal Follow Up Follow up on yesterday's EUR/USD Signal in this analysis by an expert Forex trader. USD/CAD Signal- December 29, 2011 Follow up on where the USD/CAD is headed in this analysis from an expert trader. GBP/USD Look for Shorts Below 1.5420 Yesterday was quite a drop for the GBP/USD, about 251 pips to be exact. As I said in other analysis today, this move totally caught me off guard and took me by surprise since the move seem to come out of nowhere. EUR/JPY Wait for Retracement, Take Short The EUR/JPY broke support yesterday without a doubt. A fib to the upside, possibly up to where price broke support is all it will take to get more bears into the move down. EUR/USD Go Short After Retracement Yesterday was a very unexpected day for the EUR/USD. I was not even ready for it. It took me way off guard. This pair is barely moving 6 pips in a 4 hour period and less than 50 pips a day on the average this past week then all of a sudden it tanks 168 pips. Stay Bullish on Swissy Yesterdays high impact move in the direction of USD strength pushed the Swissy above the 50.0 fib threshold on the weekly timeframe. I would love to see another up day and would love to see a weekly candle close above that 50.0 fib above .9400 EUR/GBP Bullish and Bearish Yesterday was a very action packed day for the market considering the lack of volatility the market has been displaying during this holiday week. I am not necessarily referring to the EUR/GBP since for this pair it was just a slightly below average day. EUR/USD Treads Water in Slow Week The week between Christmas and New Years is without a doubt one of the quietest in the Forex markets. The fact is that the majority of traders are gone for both holidays as well as Hanukkah. With so many people away from their terminals, the major firms are being staffed by junior traders that simply do not have the authority to place new trades in the same ways that the senior ones are. Successful Trades on December 28, 2011 One trader turned today's Forex technical analysis into profitable trades on a binary options platform. EUR/USD Signal- December 28, 2011 Follow up on where the EUR/USD is headed in this analysis from an expert trader. GBP/USD Thin Market, Think Bullish The GBP/USD was certainly the King of the Hill yesterday. When many of the major pairs only moved a fraction of their daily ranges the GBP/USD still made a 104 pip range, just a few pips below its average day. Consider Scalp Mode for EUR/JPY The EUR/JPY didn't make much headway yesterday. The total range for yesterday was only 25 pips. On the weekly timeframe price is still below the weekly 5 ema and still has not made contact with it this week and I doubt it will this week since thee is no true driving force in the market this week. EUR/USD Daily Support, Volatility Low Yesterday was not a very volatile day for this pair and I don't expect today will be either. sometimes, the winning trade is to not trade. I love to trade and I am always obsessed with finding a position, an entry position into the trend. But I like to trade on volatility. USD/CHF Low Volatility, Minimal Price What I am watching for the most with the Swissy is will daily price fall and close below .9310 This level seems to hold some importance and has managed to be both support and resistance. EUR/GBP Price Re-Approaching The volatility for the EUR/GBBP picked up just a bit yesterday. The range was 42 pips. In my recent analysis for this pair a few days ago I pointed out that the weekly candle made touchdown with the mighty 233 ema as I had predicted previously and you can always be sure that when price hits touches the 233 ema on any timeframe there will almost always be a reactionary bounce of some sort to some degree; barring news related events. Successful Trades on December 27, 2011 See how a trader turned today's Forex technical analysis into profitable trades on a binary options platform. GBP/USD Rally to 1.5749 Then Fall The GBPUSD had an interesting day yesterday strange enough. Considering Christmas and the fact that yesterday was a Bank Holiday I really didn't expect too much movement for this pair yesterday as there was very little moment amongst several other pairs and any movement was purely incidental, the GBP/USD still managed to move 62 pips and the GBP/CHF moved 67 pips. Retracement Then Drop for EUR/JPY As with all the pairs I have analyzed there was very little price action and for a pair that averages 100 - 120 pips a day and even more at times this pair only did 29 pips but that's not so much due to lack of volatility as it was a Bank Holiday pretty much throughout most of the world. EUR/USD to Rally Then Drop In my analysis for the Swissy I was bullish, so naturally for the EUR/USD I am bearish. Of course, for this pair to fall down it will have to rise a bit more. USD/CHF Bullish after break above .9385 Yesterday was an expectedly slow day for this pair due to the Christmas Holiday and of course Monday was a Bank Holiday for most of the world. Yesterday's range was only 33 pips. EUR/GBP Rally to .8430 then Fall Likely Yesterday's range for the EUR/GBP was only 27 pips, but hopefully things will be changing as today's trading progresses. Get the full analysis here. Successful Trades on December 26, 2011 One trader manage to profit on a binary options platform GBP/USD Resistant, Permission to Drop The GBP/USD begins its new week right on the 5 ema. The stochastics is pointing up and I don't believe this pair is done rising. On the daily timeframe the stochastics is rising and pointing up and price is above the ema's. EUR/JPY Low Volatiity, Thin Market The EUR/JPY opens its new weekly candle just below the weekly 5 ema but far enough below that I think price will need to drift up a bit to it then continue its way down. The weekly 5 ema is at 102.51, the daily 21 ema is at 102.65 and the 38.2 fib of the recent swing down is at 102.82 EUR/USD Low Volatility Due to Christmas The new weekly candle for the EUR/USD opens up around 120 pips below the weekly 5 ema. As I have stated time and time again and have been proven correct every single time, price needs to make its way back up to the 5 ema at least just to tap it. USD/CHF Bullish but Thin Market For the sixth week in a row the Swissy weekly candle opens nearly at but a bit below the 50.0 fib of the last move down around .9400 This is obviously a very, very important level. It has been breached on the weekly timeframe but we have not had a weekly candle close above that level. Thick Resistance for EUR/GBP The EUR/GBP starts out the new week in what I refer to as 'No Man's Land.' This means price is not up against resistance or down against support but in the middle. Of course, this is based on the weekly timeframe. Weekly FX Forecast- December 26, 2011 EUR/USD spent most of the previous week trying to rally, but there simply wasn’t enough steam to hold onto gains. The 1.30 level continues to be very supportive, but the last several days have seen shooting stars form after rallies continue to fail. Crossing English Channel in 2012 As the last of the mince pies get eaten and new holes made in an already overworked belt, it’s time to put the last quarter’s volatile trading period behind us and look forward to a prosperous New Year. GBP/USD Made Retracement, Expect Drop Just like a few other pairs the GBP/USD daily candle was a Doji. It moved a total of 80 pips yesterday but the open and close were only 7 pips apart. EUR/JPY Bullish but Resistant Yesterday was a slow day for the EUR/JPY. Its range was only half of what it normally is. On the daily timeframe it is obvious price is heading up to make the retracement that is overdue, however, the last few days we have been making higher lows but at the same time we also been making lower highs which is just another way of saying we are in consolidation. EUR/USD Bullish Retracement Expected Yesterday was a very interesting day for the EUR/USD as it was with a few other pairs. Yesterday's daily candle for the EUR/USD was a Doji as it was with the EUR/GBP and the USD/CHF. USD/CHF Range Bound to Bearish The Swissy yesterday, just like the EUR/GBP made a Doji. The only difference is that the EUR/GBP made its Doji at support and the USDCHF made its Doji at resistance. Interesting enough the difference between the open and close for the Swissy was just 5 pips and the EUR/GBP was 4 pips. EUR/GBP Doji Double Bottom Retracement Yesterday the EUR/GBP produced a Doji at an area of support, the weekly 233 ema after a downtrend that has been lasting a couple weeks. I am sure you all already know that a Doji is a reversal candle. USD/CAD Signal- Follow Up Currency: USD/CAD Trend Expected Direction: Up Strategy: Ichimoku Kinko Hyo Successful Trades on December 22, 2011 See how a Pro trader turned today's Forex technical analysis into profitable trades on a binary options platform. USD/CAD Expected Movement Find out where this major Forex currency pair is headed in this analysis from an expert trader. EUR/JPY Signal- December 22, 2011 Currency: EUR/JPY Trend Expected Direction: Down Strategy: Elliott Waves and Fibonacci Trading. EUR/USD Signal- December 22, 2011 Currency: EUR/USD Trend Expected Direction: Down Strategy: Elliott Waves and Fibonacci Trading. GBP/USD Bullish but Tough Resistance Yesterday was an average day for the GBP/USD pair. Its range was around 126 pips. The weekly candle rose to the 13 ema then price dropped. The 13 ema is very powerful, especially on the larger time frames. EUR/JPY Expect Brief Rally Then Drop The EUR/JPY sure was a wild pair yesterday. The total daily range was 108 pips yet price opened and closed within 3 pips of each other. On the weekly time frame price rose to nearly the 5 ema and fell. USD/CHF In Between Support & Resistance Yesterday the Swissy had a very volatile day. 150 pip range to be exact. Interesting when you think about it since last week's range was like 323 pips. On the daily time frame price came down and pierced the 21 ema and bounced high. EUR/GBP Bullish Bounce to Occur Yesterday the EUR/GBP tanked. 73 Pip drop for this pair is a big range. Of course, this is no surprise since if you read my analysis yesterday I said it would drop, and it did. On the weekly time frame price finally made it down to the 233 ema as I knew it would sooner or later, after all, the 233 ema calls out to price. EUR/USD In a Wedge, Awaiting Breakout The EUR/USD had another highly volatile day yesterday. Yesterday's range was 174 pips, a very impressive day for this pair. Price tanked yesterday but before it tanked it rose and on the weekly time frame price rose to the 5 ema which is what made it tank. EUR/USD Gives Up Gains Wednesday saw the European Central Bank release 489 billion Euros to over 500 banks at the benchmark rate of 1% for the term of three years in order to push more liquidity through the European banking system. Successful Trades on December 21, 2011 Professional trader turned today's Forex technical analysis into profitable trades on a binary options platform. Aussie Continues to Consolidate In the schizophrenic currency markets of 2011, the Australian dollar has been particularly interesting as it has made several violent moves over the last 12 months, normally predicated upon a random headline coming out of Europe. GBP/USD Bullish Continuation Expected Yesterday's move up for the GBP/USD was very impressive. Yesterday's range was over 200 pips. The weekly candle has already poked above the weekly 5 ema. EUR/JPY Bullish & Breakable Resistance The EUR/JPY still keeps looking almost exactly like the EUR/USD but then this is expected since lately it has had close correlation with the EUR/USD and today both pairs are very closely correlated. Yesterday's rally up pushed the weekly candle up quite a bit getting it closer to the weekly 5 ema. EUR/USD Looks Bullish but Resistant Yesterday's very bullish day for the EUR/USD was very surprising to me since at the time I was writing my analysis it was in a very, very tight range and the previous day's volume was only half of what it normally is but yesterday's price action made up for all that since yesterday's range was around 140 pips, 20 pips more than the average day for this pair. Another Bearish Day for USD/CHF Yesterday was quite a down day for the Swissy. On the daily time frame yesterday's daily candle poked the 21 ema just a bit and that does not mean it will fall, it could just be a touch that will push this pair back up, however, the 5 ema is beginning to point down and looks like it could cross below the 13 and cave in on price forcing it down. EUR/GBP Made Retracement Up Yesterday was quite a day for the EUR/GBP. It took me by surprise since the volatility was very low and the market simply went from one extreme to the other. I think the big move yesterday was mostly due to fundamentals and Switzerland and the Swiss pairs were mostly effected. Successful Trades on December 20, 2011 See how one trader used today's Forex technical analysis to profited on a binary options platform. GBP/USD Rally Then Bearish Action Of all the pairs I have analyzed tonight the GBP/USD seems to be the only pair that has been showing any signs of activity. It had an 80 pip range when some pairs barely had 60 or even 40 pip ranges. On the weekly time frame price is trying to reach up to the 5 ema. No Volatility for EUR/JPY Yesterday was an exceptionally weak day for the EUR/JPY. Only a 37 pip day for this pair. Last few trading days we have been in a tight range and not really going anywhere. EUR/USD Leaning Toward Bearish Yesterday was a very low volatile day for the EUR/USD. Only have the volume it normally has, it only moved like 61 pips according to my calculations. Normally this pair moves 100 - 120 pips on a given day. Swissy In Range, Waiting for Breakout The Swissy like some other pairs has been in a range for the last few days. Could be due to all the volatility from last week and price just may need to settle a bit before it continues on but I am sure a lot has to do with thinner than normal trading conditions due to the holiday season. EUR/GBP In a Tight Range and Bearish The EUR/GBP has been nearly perfectly range bound for the last 4 days. Most likely just consolidating after the very bearish and fundamental week we had last week. Successful Trades on December 19, 2011 See how a trader turned today's Forex technical analysis into profitable trades on a binary options platform. GBP/USD - Bullish Retracement Coming The GBP/USD starts out its new week in between the 5 ema and what has been strong visual support around 1.5350 so it will be very interesting to see what happens with this pair. Bounce Up Expected for EUR/JPY The EUR/JPY and EUR/USD are closely correlated today...but what does this mean for your Forex trading today? Find out here! EUR/USD Likely Retracement to Upside The new weekly candle for the EUR/USD opened up over 100 pips below the weekly 5 ema. Last weeks weekly candle printed at the lower Bollinger band. USD/CHF Expect Retracement to End The new week for the Swissy starts out below the 50.0 fib line it broke last week, however, this pair still looks bullish to me. Price is still above the 5 ema and it can just keep heading up until it reaches the 144 ema around .9750 then drop. EUR/GBP Starting New Week on Support The EUR/GBP begins the new week 80 pips below the weekly 5 ema and at the bottom of the Bollinger band. Price is however making its way down to a which has been respected as support and resistance a few times in the past I expect it to be respected again. Swissy Pulling Back The USD/CHF pair finally broke 0.9300 last week and is now possibly pulling back to this level before heading higher. After reaching its highest level since March of this year at 0.9546 on December 15, it proceeded to fall as much as 159 pips, closing only a few pips from the bottom of the daily candle that day. Weekly FX Forecast - December 18, 2011 Planning your Forex trades for the coming week? See what one expert trader predicts for the Forex market in the coming week. GBP/USD Price Heading Up The GBP/USD looks a bit bullish. It has recently made a double bottom and is trying to head up. On the 4 hour time frame price is heading to the 55 ema which is about where I would expect price to head down to. 1.5566 looks like a decent area to enter shorts. Watch for EUR/JPY to Bounce Up Yesterday the EUR/JPY nearly made touchdown with the 100.90 support area I have been pointing out for a couple months. EUR/USD Retracing for Continuation In the last few days the EUR/USD has broken through an area of visual support. A retracement or retest at the scene of the break is usually expected. Price could head up to 1.3155 before continuing on to the downside. USD/CHF - Swissy in Retest Yesterday the Swissy weekly candle broke above the 50.0 fib line of the last move down and was immediately rejection and price is right back down just below the 50.0 fib. EUR/GBP Waiting to Break Range For the last couple days the EUR/GGP has been in a range. After a pair makes a steep move it tends to reconsolidate for a couple days to catch its breath. Usually what price is really waiting for is the ema's to catch up with it. Aussie Finds Support In a move that mirrors the GBP/USD that I wrote about yesterday, the AUD/USD has found support on a daily zone at 1.9860 and is looking bullish for the moment. GBP/USD Retracing Up Then Drop On the daily time frame the GBP/USD continues to drop, however, it appears price is bouncing off the lower Bollinger band and heading up a bit I think just to tap the 5 ema so it can keep heading down. In any case, at 1.5350 I do expect to see bullish reactions. EUR/JPY Nearing Strong Support The EUR/JPY has been tanking since last week and has finally reached an area of visual support around 100.90 where I would expect some type of bullish reaction. 100.90 could very well be viewed as a double bottom and lots of buyers await at that level. EUR/USD Retracing Up Then Down The EUR/USD continued to fall yesterday and needs to retrace a bit sooner or later. On the weekly time frame price is nearly 300 pips below the 5 ema and price is already bouncing off the lower Bollinger band. Stochastics is also in the oversold zone. USD/CHF Retracing Down for Continuation The Swissy finally blew through the 50.0 fib level of .9400 and beyond. On the weekly time frame the next area of major resistance is at the 144 ema at .9770 which is where I will expecting a reaction if price makes its way up to that level. EUR/GBP Could Roll Upward Today on the weekly time frame the EUR/GBP reached an area of visual support and bounced up. This bounce looks precise right down tot he pip and just a bit below is the 233 ema which is sure to get a reaction if price falls further down to it. Euro Slides Below 1.30 The EUR/USD pair has been the focal point of most Forex traders over the last several months, and today we find it falling below the 1.30 mark for the first time in almost a year. The breakdown is being helped along as the EU continues to dawdle when it comes to finding a “fix” for the debt issues that several of the members of that union have. Sterling Finds Support? The bearish action on the GBP/USD may be coming to an end, if only temporarily. Price has printed a daily Spinning Top indecision candle with almost equal wicks above & below. Successful Trades on December 14, 2011 See how one professional trader turned today's Forex technical analysis into profitable trades on a binary options platform. GBP/USD Trapped in Range The GBP/USD pair on the weekly time frame just as with other pair, has found itself far below the 5 ema. This also seem to be the case with the daily time frame too. Bearish Continuation for EUR/JPY Just as with many other pairs the EUR/JPY took a heavy dive yesterday and as it did the day before which has extended the weekly candle very far from the ema so early in the week. This also seems to be the case for the daily time frame as well EUR/USD Ranging, Down Action to Come I will start out my analysis for the EUR/USD on the weekly time frame. I want to point out that after yet another very bearish move yesterday for this pair price is taken even further down away from the 5 ema but not it has touched the lower Bollinger band which could be the early heads up that price may soon snap back up to make contact with the 5 ema. USD/CHF Bullish Continuation Expected Yesterday's large move up for the Swissy pushed it above the 50.0 fib level of .9400 which means it could go as high as the 61.8 fib level around .9950 however, before price reaches the 61.8 it will meet up with the weekly 144 ema around 1.0335 which will most likely act as strong resistance. EUR/GBP Bearish Continuation Expected Yesterday was yet another bearish day, price dropped quite a bit. On both the weekly and daily time frames price has fallen way ahead of the 5 ema's and is extended outside of the Bollinger bands and the stochastics is in the oversold zone. Euro Breaking Down Against Dollar The last several months have seen violent market moves in the EUR/USD pair based upon meetings, rumors, theories, and general market noise. However, as we are starting to head towards the 1.30 level, the October lows have been violated, showing a major shift in not only sentiment, but potentially the momentum as well. Euro Eyes 2900? Yesterday I wrote about the EUR possibly falling to 1.2950 if we broke through weekly support at 1.3160 +/- and we fell as low as 1.3007. This is quite a free fall for the currency really, with a 2 day total of 219 pips. EUR/USD Signal - December 14, 2011 Get a free Forex signal for EUR/USD from an expert trader. Find your target and stop loss now! Successful Trades on December 13, 2011 A trader who used today's Forex technical analysis, profited on a binary options platform. EUR/USD Signal- December 13, 2011 Currency: EUR/USD Trend Expected Direction: UP GBP/USD Looking Very Bearish Today The GBP/USD has been trapped in the same range for nearly 2 weeks. Yesterday price took a dive down to the bottom of the range it has been in then bounced back up. EUR/JPY Price is in a Consolidation Pattern The EUR/JPY just like some of the other pairs tanked yesterday and fell so hard for so early in the week the weekly candle fell a distance from the 5 ema. EUR/USD Price Heading Up Yesterday this pair made a great dive and so early in the week is already a long distance from the weekly 5 ema. On the daily time frame price has also ventured a ways from the 5 ema and extended its way outside the lower Bollinger band and is also sitting at strong visual support that could also be viewed as a double bottom that I expect price to snap back up at least just to make contact with the daily 5 ema. USD/CHF Due for Retracement to Downside The Swissy has finally made its way exactly to the 50.0 fib level of the last major move down at .9400 This is a very interesting level since it is a powerful fib level and it is also a psychological level. EUR/GBP Expecting Retracement Yesterday's bearish move for the EURGBP was a very strong move and the weekly candle so early in the week has been dragged a long distance from the weekly 5 ema and it has even fallen slightly outside the lower Bollinger band. Potential Double Bottom on EURO The EUR/USD continued its bearish move today and landed square on a weekly support zone at 1.3160 that gave the currency a bullish push the last time it was at this level in October of this year. AUD/CAD Signal- December 12, 2011 Get free Forex signals for AUD/CAD from pro trader Successful Trades on December 12, 2011 One trader used today's Forex technical analysis to profited on a binary options platform. AUD/USD Expected Movement - December 12, 2011 See one expert's expectation for how AUD/USD will trend in the coming week, only at DailyForex. NZD/USD Signal- December 12, 2011 Currency: NZD/USD Trend Expected Direction: Up Strategy: Ichimoku Kinko Hyo USD/CAD Signal- December 12, 2011 Currency: USD/CAD Trend Expected Direction: Down Strategy: Ichimoku Kinko Hyo + Japanese Candles GBP/USD Breakout to Downside Imminent The GBP/USD starts out its new weekly candle precisely at the 5 ema and has tanked since then. On the daily time frame around the time the weekly candle was touching the 5 ema the daily candle was up against the 13 ema so both timeframes helped out each other. EUR/JPY Approaching Breakout Zone The EUR/JPY weekly candle opens up just below the 5 ema and looks like it wants to head down. It can still head up a bit and pierce the 5 ema and possibly even head up to the 13 ema which is where price should be rejected but that could be a couple hundred pips up. EUR/USD Watching Bearish Price Action The EUR/USD weekly candle opens just below the 5 ema and not quite touching it but very close. Price seems to have been rejected at this zone and has been falling ever since. USD/CHF Up Against Strong Resistance The Swissy weekly candle opens up just on and above the 5 ema and is nearing that 50.0 fib zone of the last major move down at around .9400 so it will be very interesting what happens around that level. EUR/GBP - Bottom Nose of the Triangle The new weekly candle for the EUR/GBP starts out just on the 144 ema and a bit below the 5 ema which means the 5 ema may soon be crossing below the 144 ema which could force price down below the 144 ema which has been support, then based on role reversal the 144 ema could then be resistance forcing price downward. Aussie Set To Climb? The AUD/USD daily chart is indicating that we could see prices pushing higher this week. After last week's strong bullish move from 0.9943 to 1.0380 we have pulled back to a major support zone at 1.0152 and even traded as low as 1.004 (just short of the 50% retracement level at 1.002) before closing above the zone on Friday at 1.0217. Weekly FX Forecast - December 11, 2011 Take a look at where the major currencies should be heading this week, and plan your weekly Forex trading strategy smartly. GBP/USD Bearish Price Action Expected The GBP/USD begin its day today just below the daily 5 ema. For the past couple weeks this pair has been caught in a range between 1.5570 - 1.5776 On the 4 hour time frame price has been riding the 5 ema down and recently the 5 ema has crossed below the 13, 21 and 55 ema's. Bearish Trend for EURJPY This week has been a very bearish week for the EUR/JPY. On the weekly time frame price continues to ride the 5 ema to the downside and there is much angle and separation between the 5 and 13 ema's indicating strong downside momentum for this pair. EUR/USD Bearish Continuation Today price opens up just below the daily 5 ema. Price touched the 5 then dropped. Price opened up outside of the triangle trap price had been previously trapped in. Swissy Looking Bullish- Again Yesterday price managed to stay above the 5 ema but I must say this pair has been stuck in the same range for a couple weeks and doesn't appear to want to trend up or down. EUR/GBP Price at Fib Level, Under Ema's In yesterday's analysis I had forecasted that there was a lot of support in various forms at around.8518 and more than likely price would reach that level and bounce. Well I was slightly off, price went beyond .8518 and all the way down to .8495 then it made its bounce and went straight up and closed at .8533 Bullish Loonie, Possible Price Breaking The USD/CAD has reacted off of the weekly support zone at 1.0093 with bullish tendencies and is now attempting to push higher. At time of writing, (about 1pm Tokyo time), we see the loonie pushing as high as 1.0257 and appears to be trying to keep the bullish momentum from the USA session going. EUR/USD Expected Movement The news is volatile, but with this EUR/USD expected movement forecast, you can plan your next Forex trade. Successful Trades on December 8, 2011 A trader used today's Forex technical analysis and profited on a binary options platform. USD/CHF Signal- December 8, 2011 Currency: USD/CHF Trend Expected Direction: Choppy Strategy: Elliott Waves and Fibonacci Trading. GBP/USD Waiting for Price to Break The GBP/USD kicks off the new trading day just above the daily 21 ema with a 5 ema trying to cross above the 13 ema and a daily stochastic pointing up, however, price is also caught in a fib zone to the downside and price is right in the 38.2 fib level of the last move down. EUR/JPY Caught in Consolidation The EUR/JPY begins the new trading day just below the 21 ema on the daily time frame with an upper Bollinger band heading down and the stochastics trying to cross down. The 5 and 13 ema's are tangled together indicating this pair has not been doing much on the daily level. EUR/USD Starts Day with Low Volatility The EUR/USD begins its day just below the 13 ema. For the last couple days the EUR/USD keeps printing a Doji candle. I am long term bearish for this pair bit on the short terms it has been a little unpredictable. USD/CHF Displaying Bullish Price Action The Swissy still maintains its position above the 5 ema on the daily time frame for yet another day. The Swissy seems to be building strength. EUR/GBP Approaching Levels of Support The EUR/GBP starts the new day off just above a visual support zone at around .8518 Price has not been able to close below this level since earlier this year. It may have pierced this level a couple times but hasn't really closed below with one exception last month where it closed below but bounced right up and keeps bouncing off it every time it touches it. Markets Wait for EU Summit, Action Tight With the EU summit coming up on Friday, the markets have been choppy at best. The trading action is getting tight, and traders simply aren’t interested in going too far out on the risk spectrum as the announcement is coming in just a few short days. Successful Trades on December 7, 2011 See how a trader used today's Forex technical analysis to profit on a binary options platform. GBP/USD Heading Up On the daily time frame we can see that price has recently come off a 50.0 fib to the downside, however, I see that price has made a couple higher lows and this tells me that this pair could be heading upward. EUR/JPY Trending Up Resistance The EUR/JPY appears very bullish today. Yesterday's close printed a higher low. I expect to see price continue to head up to the daily 55 ema around 105.48 It appears that the 5 ema wants to cross above the 13 ema. EUR/USD Watching for Breaks The EUR/USD been riding down the 21 ema on the daily time frame and has been swing fibbing its way downward. Price is still below the 21 ema on the daily time frame but I am beginning to notice that price has made a couple higher lows. USD/CHF Watching for Breakout The Swissy is very close to what I would call very strong visual resistance. Price is above the ema's and the stochastics is beginning to cross up. EUR/GBP Anticipating an Upside Breakout Yesterday the EUR/GBP sure took me by surprise. I was really anticipating a down day for that pair, however, it turned out to be an up day. This was mostly due to some heavy hitting news events for both the GBP as well as the Swissy. Possible Double Top on Swissy The daily USD/CHF chart has formed, or is still forming a possible double top formation indicting that another drop could be coming soon. Price has tried 4 times since February 2011 to break and hold above 0.9300 with zero success, the most recent of which being November 25. If Euro Takes Off Watch Franc and Dollar With the upcoming EU summit at the end of the week, there is potential for massive moves in the Euro following any announcement from that meeting. The past year or so has seen several potentially important meetings, but with the S&P ratings agency stating that if there is no agreement of substance after this meeting there will be downgrades – all of the sudden the stakes are much higher. Successful Trades on December 6, 2011 A trader that used today's Forex technical analysis, profit on a binary options platform. GBP/USD Breakout to Downside Developing Yesterday the GBP/USD made its way up to the daily 21 ema overlapped with the 38.2 fib then dropped and is still dropping. This just goes to show the power behind fibs and ema's especially when they are overlapped with each other. EUR/JPY Expect Continuation to Downside Yesterday I stated in my analysis that the EUR/JPY looked bullish because on the weekly time frame price had opened up just above the 5 ema. I have to honestly say I don't know what I was thinking at the time since I was bullish on the Swissy and bearish on the EUR/USD and I should have been bearish on the EUR/JPY due to the laws of correlation. Bearish Price Action for EUR/USD In my analysis yesterday I pointed out that on the weekly time frame price opened up just below the weekly 5 ema and that appeared bearish to me and that price would most likely drop, and it did. This week may very well be a bearish week for the EUR/USD. USD/CHF Bullish but Nearing Resistance The Swissy continues to look bullish except for the fact that it is soon approaching resistance. On the daily time frame price is maintaining itself above the 21, 13 and 5 ema's. EUR/GBP Approaching Bottom of a Trap The weekly time frame looks very interesting to me today with this pair. Price is below the weekly 5 ema but is closely approaching the 144 ema. This pair has not been able to close below the weekly 144 ema in an entire year. Sinking Sterling? The GBP/USD is sinking slowly, sort of. Since hitting a yearly low of 1.5272 in October, we moved as high as 1.6166 and and then fell to 1.5423 in November. Successful Trades on December 5, 2011 See how a trader used today's Forex technical analysis to profit on a binary options platform. Weekly FX Forecast- December 5, 2011 The EUR/USD pair originally had a surge upward at the start of the week to test the 1.35 level. The area has proven to be resistive again, and simply too strong for the bulls to overcome. GBP/USD Entering a Consolidation Period The GBP/USD begins its week just below the 5 ema on the weekly time frame. On the daily time frame price is up against the 13 ema with the 21 ema closing in. Not Expecting Big Moves for EUR/JPY The EUR/JPY begins the new week slightly above the 5 ema. The 13 ema is not too far above and I expect price to rise to the 13 then continue downward. Thin Market Movement For EUR/USD Today The EUR/USD begins its week just below the 5 ema on the weekly time frame. Price will more than likely need to head up a bit to make contact with the 5 ema so that it can continue downward. Bullish Swissy Begins New Week The Swissy begins its new week above the the weekly 5 ema. For the last few weeks this pair has been making a series of higher highs and higher lows. On the daily time frame price continues to stay above the 21 ema. Low volatility for EUR/GBP The EUR/GBP appears to me that it is on its way upside. On the weekly time frame the 5 ema has flattened out and price seems to be pushing above it. On the daily time frame the 5 ema is beginning to cross above the 13 ema. Will Euro Turn Bullish? Up until last week the Euro had been Bearish for a month with 4 weekly candles in a row closing lower than they opened. Last week the Euro closed higher than it opened, but not by much. The last time the Euro was at this price level, it sparked a 4 week bullish run, so are we going to see this happen again? GBP/USD Minimal Price Action Yesterday price action was very wild. The daily candle ended up as a spinning top. It has been a wild week due to all the ECB action. Currently we are around 5 hours before the Non-Farm Payroll report and until that release the market action will be minimal. EUR/JPY Low Volatility I will start with the daily chart for the EUR/JPY to begin my analysis today. I hate repeating myself too much but in the event you haven't read my analysis on the other pairs I cover I have been stating that today and in just a few hours the Non-Farm Payroll report will be released and it is the last report of the year and just around the Holiday Season, in anticipation of the report not much trading will take place. EUR/USD Price Action in Tight Range Yesterday the EUR/USD did not have any real extraordinary price action. I knew that would be the case after the big move the day before that and topping it off the same week of the Non-Farm Payroll report and also the fact we are in the month of December which does go without saying that it is a vacationing month. USD/CHF Low Volatility Until NFP I begin my analysis today for the Swissy on the daily time frame. The 5 and the 13 ema's are very close to each other at this point and the stochastics is in the overbought zone crossing down and out I see that this pair may soon start to head on down. EUR/GBP Looks Like a Range Bound Day It has been quite a week for this pair mostly due to the actions of the ECB. Price came all the way down to the weekly 144 ema then all the way back up to the weekly 5 ema. At this time, the weekly candle is a doji. Monthly FX Forecast- December 1, 2011 The EUR/USD pair looks to continue the back and forth motion as the debt crisis churns on. The pair has seen quite a bit of support in the 1.31 – 1.35 area over the last two months, and every time this pair reaches that area – it gets a bounce. Kiwi Resuming Bullish Trend? The Kiwi, or NZD/USD has been basically Bullish since March 2009 when it hit a low of 0.48939. It reached what appeared to be the end of its bullish run in July of this year, cresting at 0.88415 and falling immediately after. Successful Trades on December 1, 2011 See how trader used our Forex technical analysis and made a great profit on a binary options platform Is This the Moment of the Commodities? Wall Street jumped yesterday over 4% in a rally that you see only after outstanding news or sharp declines. In this case, there is not any encouraging news in the horizon, so the reason for the sharp risings is the short-squeeze phenomenon. GBP/USD Choppy, Be Careful The GBP/USD starts it's day off in a very bearish position, but it is a mixed bag. This pair has made a perfect fib of the last move down to the 50.0 level which was overlapped by the 55 ema almost as well as the 21 ema. EUR/JPY Choppy Price Action Expected This pair is a tough read for me today. Based on correlation I am bullish for this pair, however, the technicals are looking bearish. Since yesterday the market has been very unpredictable, and with the Non-Farm Payroll coming out on Friday the market will behave in strange ways. EUR/USD Range Bound to Bullish Price Starting my analysis of the EUR/USD I will begin with the weekly time frame. It looks bearish, but I not bearish on this pair because I am bearish on the Swissy and these two pairs are almost exact reciprocals of each other. USD/CHF Expecting Bearish Continuation Yesterday the Swissy took a dive. As with the other pairs, yesterday's big move was mostly fueled by the ECB and had very little to do with technical analysis. Technically, I had no doubts price would fall and I mentioned that in my analysis yesterday. EUR/GBP Rangebound to Bullish Yesterday this pair made a big leap, of course it had very little to do with the technicals and had everything to do with the fundamentals. EUR/USD Signal- December 1, 2011 Currency: EUR/USD Trend Expected Direction: Down Strategy: Elliott Waves and Fibonacci Trading. Bullish Aussie Today the North American markets saw their biggest gains in 2.5 years, all due to a decision from 6 major banks in an effort to prop up the world economy...and the 6 'cousins' are all correlating in the right ways for further movement. Potential reversal pattern in EUR/USD The investors are waiting for the flow of employment data that starts today and ends on Friday with the unemployment rate Euro Testing 1.35 Area The action by several central banks on Wednesday to lower the borrowing rates for Dollars has boosted several of the “risk on” trades in the global currency markets. Successful Trades on November 30, 2011 See how a trader used today's Forex technical analysis and made a profit on a binary options platform USD Analysis and Trend Watch Get a full perspective of USD based on Elliott Wave theory by a pro trader. GBP/USD Just Made Another Breakout I start my analysis for this pair briefly with the weekly time frame which i would like to point out that yesterday's high brought price up to nearly the weekly 5 ema which caused a push to the downside. At the same time the weekly 5 ema was nearly touched the daily 13 ema was touched then price fell a bit and settled. EUR/JPY Downward Breakout Under Way The EUR/JPY open and spiked a bit to the 38.2 fib of the recent swing down and it was overlapped with the daily 13 ema and all this was enough to send price downward. On the 4 hour time frame price is below the ema's and the 5 ema is crossing below the 13 ema so price is surely heading downward. EUR/USD Trapped in a Breakout Zone Taking a brief look at the weekly time frame for the EUR/USD it is obvious that price is spaced away from the 5 ema. Most of the time, price needs to make contact with the 5 ema to continue along on its trend. The 5 ema gives price the fuel it needs to travel. USD/CHF Looking Very Bearish Up until recently I keep mentioning the .9300 level of the Swissy would be reached and only to be rejected, which it was since it was so obviously a double top on the daily charts. EURGBP Will Likely Remain Bearish I will begin my analysis today for the EUR/GBP taking a quick look at the weekly time frame. The weekly is very interesting to me since price is currently caught precisely in between the weekly 5 ema and the 144 ema. USD/CHF Pulls Back, Building Gains The USD/CHF pair has been quietly gaining as the rest of the world watches the EUR/USD pair. The drama coming out of Europe continues to grab all of the headlines, and as a result most of the attention. Euro at Key Level The Euro/Usd is currently trading right on the weekly pivot point at 1.3330 and has pushed into, but not closed above the daily support/resistance zone of 1.3400. EUR/USD Weekly Outlook Currency: EUR/USD Trend Expected Direction: Down Strategy: Weekly Ichimoku Kinko and Hourly Elliott Waves and Fibonacci Trading Successful Trades on November 29, 2011 See how one trader used today's Forex technical analysis to profit on a binary options platform GBP/USD - Bearish Conditions Developing On the daily timeframe price continues to ride the 5 ema downward, however, we are 150 pips above a strong support area that has been respected as support three other times previously and I would expect it will be respected yet again, even if price breaks it there will still be some type of reaction before it were to break and it will not be just an easy break, there will be some fight expected around 1.5350 when the time comes. EUR/JPY Looks Like It's Heading Down A brief look at the EUR/USD displays USD strength and a look at the USD/JPY displays USD weakness so my bias on this pair for today would have to be bearish. EUR/USD in the Center of a Price Channel Price opened up precisely on the 5 ema and price seems to be rising a bit. Most of the time I have found that when price moved beyond the 5 ema it is usually forced back down by the 13 ema. It wouldn't be totally out of the question for price to head up to the daily 13 ema before it keeps heading down. USD/CHF - Breakout or Bounce Yesterday price made its way up to the .9300 region where I said it will most likely encounter resistance then drop and sure enough it dropped. Find out what's coming next based on the daily, hourly and 15 minute charts. EUR/GBP Looks Toppish around .8613 There don't seem to be any significant events developing on the weekly or daily timeframes but the 4 hour timeframe has more to say. Get the full analysis here. USD/CHF is About to Make a "Shake-Out" The US stock market is back from the Thanks Giving day with what seem to be as a happy mood, as indices are rising more than 2%. The reason why Wall Street is interesting to the forex trader is the fact that the USD has a negative correlation to the US stock markets, so it is necessary to monitor the major indices most of the time. Sterling Falling Further? Earlier this month I wrote about the S/R zone of 1.5950 giving the Sterling some grief and predicted that if that zone broke we would see to the Sterling fall to 1.5630 or lower. Successful trade on November 28, 2011 Watch how a trader profited by trading currencies with Binary Options. GBP/USD Gapped Out of Channel The GBP/USD starts out the new day just below the daily 5 ema and price has been riding down the 5 ema almost daily I see this pair as nothing but bearish. EUR/JPY Looking Bearish The EUR/JPY begins the new week below the weekly 5 ema. Price is spaced below the 5 ema so price may be expected to rise a bit to make contact with the weekly 5 so it can keep heading down. On the daily time frame price is spot on the 5 ema and price seems to be heading up a bit. EUR/USD Looking Very Bearish Today The new week begins with price opening up way below the 5 ema and price made a rather large gap over the weekend, I expect after the gap fills price could head up a bit until weekly price makes contact with the weekly 5 ema. USD/CHF Up Against Tough Resistance The Swissy begins its fresh week above the weekly 5 ema but slightly spaced a bit above the 5 ema it is possible for price to drift down just a bit before continuing on up and price is up against very strong resistance since .9300 has already held up as strong resistance a couple other times in the past. EUR/GBP Approaching Resistance The new week for the EUR/GBP begins with the new weekly candle just below the weekly 5 ema. This pair as been in a downtrend for the last and it opens up touching the 5 ema I think there is as a very good chance price will just keep falling. Loonie Double Top? Last week the Greenback had another relatively strong week against its northern cousin, the CAD (aka Loonie). After price broke and held above the strong weekly resistance level of 1.025, it was a good bet we were going to see a re-test of the 1.05 level, and possibly the October high of 1.0656. Weekly FX Forecast- November 27, 2011 The AUD/USD pair continued it’s slide the past week as traders worry about the debt crisis, and the apparent slowing down economically around the world. As the Aussie is so correlated with commodities, this pair will always fall when there are doubts. EUR/JPY Continues its Down Trend The EUR/JPY continues to ride the 5 ema down on the daily timeframe. Lower Bollinger band is open and pointing down. GBP/USD Is In The Middle of Channel The GBP/USD continues to look bearish as ever. On the daily timeframe price has reached the 78.6 fib of the last move up and it has already pierced it. EUR/USD Is Hitting Support The EUR/USD starts off right on support. It will be interesting to see what will happen since price is riding down the ema's very hard. USD/CHF Bullish Continue To .9300 Yesterday turned out to be an up day for the Swissy. Price had a lot of resistance above it in the form of pivot points over multiple timeframes and still overcame it all and went up. EUR/GBP In Range Yet Looks Bearish I will begin my analysis with the daily timeframe. Once again price begins its day at the 61.8 fib level around .8609 Price is also in a bit of a range between .8595 and .8620 . Strong Downtrend on GBP/USD Analyzing the different charts of the pair GBP/USD helps to understand the intensity of the current bearish session in the market. See how it's done here. Successful Trades on November 24, 2011 One trader explains how today's Forex technical analysis helped him win big on a binary options platform. Get the full analysis here! EUR/GBP Trending To The Downside Yesterday was a very interesting day for the EUR/GBP It was a very technical day. USD/CHF Obvious Crown Reversal The Swissy opens its day just above the daily 5 ema and appears to want to head up. Watching For Signs of Dollar Strength The EUR/USD took quite a dive yesterday as I had predicted. Price open just below the 13 ema yesterday. EUR/JPY Watching For Bullish Action EUR/JPY began its day just on the 78.6 fib level to the upside based on the daily timeframe. GBP/USD Bearish Breakout Uncorrelated The GBP/USD is just above the 78.6 fib level of the last move up. As I have said in the past the 78.6 fib level is very significant. Euro Pressured to the Downside Again The EUR/USD pair has fallen in a particularly bearish session on Wednesday as the German government has failed to sell half of the expected bond sale for the day. The markets have been struggling to break below the 1.35 – 1.34 area as it showed itself to be significant support for this pair that seems to defy gravity. EUR/USD Free Forex Signal ABC wave in progress as shown. Wave position after it broke 1.3420 level is at end of iii. Successful Trades on November 23, 2011 See how one trader profited by trading EUR/USD and USD/CHF on a binary options platform based on today's Forex technical analysis - and how you can too! GBP/USD In a Breakout Zone The GBP/USD starts off today as it did yesterday on the 61.8 fib of the recent move up at 1.5612 This is a very bullish fib level, however, the position of the ema's is very bearish for the pair. Price is riding the 5 ema to the downside and the lower Bollinger band is wide open pointing straight down. EUR/JPY Range Bound, Looking Bearish Beginning my analysis for this pair on the daily time frame it is easy to see that price has been coasting down along the daily 5 ema. Price is however approaching the 78.6 fib to the upside at 103.09 and some type of reaction should be expected at that level. EUR/USD - Critical Bounce or Breakout On the weekly time frame this pair is sitting on a support line that does not want to be broken. It has been pierced a couple times but no candle closes below the line. This is a crucial area because something has got to give sooner or later. USD/CHF Watching for Bullish Bounce I will begin my analysis for the Swissy on the daily time frame. The daily 5 ema seems to be rolling over a bit and now has very little angle and separation between it and the 13 ema, however, price is still above the 13 ema so this pair is still in upside mode. EUR/GBP Price Trapped Between Fibs So far this week and on the weekly time frame the EUR/GBP made a 50.0 swing fib to the downside that was overlapped with the weekly 13 ema and of course price was pushed downward as expected. Sterling Encroaches on Support The Sterling has been falling for 6 of the past 8 days after consolidating above the 1.5950 level for 2 weeks. Now we are sitting on a Support zone at 1.5575 could see price stop and reverse, or break through and possibly re-test the previous low of 1.5272 in the weeks ahead. Euro Finds Massive Support at 1.35 The EUR/USD has fallen quite precipitously over the last few weeks, only to slam into the 1.35 level. The area is offering support and is frustrating the bears as the pair simply will not give in at this level. EURJPY and EURUSD Trades on November 22, 2011 See how one trader used today's Forex technical analysis to win big with binary options trading. USD/JPY Keeps Strengthening The Japanese Yen is not impressed by the everything that is going on in the financial markets and it keeps strengthening. If the BOJ does not interfere soon, the investors might take the JPY to the level of 75.5 again. GBP/USD Looks Bearish but Moving Bullish I begin my analysis for this pair starting with the daily time frame which may be bouncing up off the 61.8 fib of the recent swing up at around 1.5612 The stochastics is in the oversold zone and price is spaced away from the 5 ema and should rise up to it. EUR/JPY Watching for Upside Breakout The EUR/JPY has a high correlation with the EUR/USD this week which would explain why these two pairs look exactly alike today. Price looks like it should be bearish on the weekly time frame but price needs to rise up and connect with the weekly 5 ema before heading down much further. EUR/USD Looking Bullish When looking at the weekly time frame for this pair it appears that price has bounced above from support. On the daily time frame price is in the zone between the 61.8 and 78.6 fib zone to the upside and the stochastics is in the oversold zone. USD/CHF On the Edge of a Break The Swissy has been in the zone just below the 50.0 fib level of the previous move down for about seven weeks now and this looks like on the daily time frame that price is making a double top. EUR/GBP Price Up Against Resistance Yesterday price climbed up beyond the weekly 5 ema and to nearly the 50.0 fib of the previous weekly swing down which is overlapped with the weekly 13 ema then retreated back down. Canadian Dollar Follows Through Last week I wrote about the Loonie and its struggle to break through 1.025...well we have now indeed accomplished this with a Bullish Power candle forming on today's charts spanning 150+ pips. Successful Trades on November 21, 2011 Learn how one trader used today's technical analysis to win nearly $2000 using a binary options trading platform. GBP/USD Starts Week With Low Volatility The GBP/USD begins its week at a 50.0 fib to the upside and at the same time price is also bouncing off the lower Bollinger band, however, the lower band is open and pointing down and price appears to riding down along the daily 5 ema. EUR/JPY Starts Week in Consolidation This pair begins its week more than 100 pips below the weekly 5 ema. It is expected that price will head up a bot and connect with the 5 ema before it continues to head down. EUR/USD Looking Range Bound Today This pair starts its new week off with the weekly candle spaced below the weekly 5 ema. I expect price to rise up and meet with the weekly 5 ema. Price is also just above visual support on this time frame this may help price head up to the weekly 5 ema. USD/CHF Consolidation Conditions Exist The new week starts off with the weekly candle above the 5 ema and a space in between the weekly candle and the 5 ema exists. Price and the 5 ema will need to make contact with each other sooner or later. EUR/GBP Caught in a Tight Range The EUR/GBP starts out this new week with the weekly candle just under the 5 ema. It practically poked the 5 ema and it does overlap with a trend line. This zone also nearly coincides with a 38.2 fib of the recent swing down at .8617 on the weekly time frame. Weekly FX Forecast- November 21, 2011 The Kiwi dollar had an absolutely horrible week over the previous 5 sessions, falling towards the 0.75 level. The area shows serious support potential, and looks like it will be the “line in the sand” for Kiwi bulls. Swissy Eyes 9300 The USD/CHF, or Swissy as it is commonly known to traders, appears to have its sights set on the weekly Support/Resistance Level at 0.9300. The pair tested this level at the beginning of October reaching a high of 0.9314 that week. GBP/USD Looks Like Can Go Either Way The GBP/USD is a mixed bag for me. On the daily timeframe price has been falling all week and has stayed below the ema's. EUR/JPY Is In a Consolidation Pattern Beginning my analysis today for the EUR/JPY I begin with the daily timeframe. EUR/USD Displaying Bearish Conditions As I begin my analysis for the EUR/USD today I begin with the daily timeframe and the first thing I notice is that price is riding the 5 ema downside. Swissy Bullish Continuation Expected The daily timeframe for the Swissy is looking very interesting to me. EUR/GBP Anticipating a Down Day I will begin my analysis for the EUR/GBP today looking at the daily timeframe. Successful Trades on November 17, 2011 See how one trader used today's Forex technical analysis to win big with binary options. EUR/GBP Price Is in Breakout Territory Those of you that follow my analysis on a daily basis have probably noticed that analysis is based on multiple timeframes as well as multiple pivot points. USD/CHF Approaching strong resistance The Swissy continues to keep climbing up and up but I think this up move will soon be deterred by a strong resistance area at .9314 . EUR/USD Bearish Continuation Anticipated The EUR/USD has been dropping for three straight days, I don't expect today to be any different. EUR/JPY Looking Very Bearish Today The EUR/JPY has been dropping all week and considering how weak the EUR is as of lately and the fact the JPY seems to be stronger than the USD. GBP/USD Maintaining a Bearish Attitude The GBP/USD pair is a bit of a mixed bag today. Sure it looks bearish to me and as weak as the EUR has been as of lately the GBP even weaker. Loonie In A Pinch The Loonie is stuck between a rock & a hard place...so to speak. Price has tried to push through a weekly resistance zone at 1.025 . EUR USD Falling Again, 1.35 Vital The 1.35 level in the EUR/USD has been a sort of “line in the sand” for Euro bulls that continually come in at this level to support this pair. The pair keeps finding itself under serious pressure, but the 1.35 level continues to fight. GBP/USD Very Bearish The GBP/USD is tanking just like all the major pairs. On the daily time frame we are at fib levels to the upside and such fib levels may in fact cause bounces that could very well give up opportunities to short this pair. Bearish Kiwi The Kiwi continues to fall after re-testing the resistance zone of 0.7870 last week. We have broken, & closed below a support zone at 0.7750 and could possibly be heading for a re-test of the 0.7525 level seen in early October. EUR/JPY Dramatic Bearish Price Action As with the other pairs associated with the EUR this pair is also tanking. This pair continues to be bearish and will keep being bearish until something happens. The idea is to find an entry point to get in on this trade. EUR/USD Keeps on Tanking Yesterday the EUR/USD tanked. This of course had nothing to do with the USD but everything to do with the EUR. I have mentioned this in my analysis on the other pairs, regarding the Eurozone Debt Crisis. USD/CHF Moving Fast, Get in on Pullbacks Yesterday the Swissy made an intense move. I forecasted this move based on my technicals but the move was motivated by the Eurozone debt crisis, that the rescue fund was forced to buy back their own debt. Retracement Conditions for EUR/GBP In my analysis yesterday I stated that this pair will drop and it did. On the weekly time frame price has crossed below the 144 ema, however, I can already see some retracement conditions developing. Pound Starting to Crumble The GBP/USD pair has started to fall apart as traders have broken through the bottom of duel hammers on the weekly chart, which shows a real failure of support at this point. Successful Trades on November 15, 2011 See how one trader used today's Forex technical analysis to win big with binary options. GBP/USD Watch for Big Drop Yesterday was an incredibly bearish day for the GBP/USD. I guess the crowd realized they were not going to break the 61.8 fib level and the market just tanked. EUR/JPY Appears Exceptionally Bearish The EUR/JPY looks incredibly bearish to me. With this pair I could not consider anything but a bearish bias. On the weekly time frame price is riding below the ema's very smoothly and the lower Bollinger band wants to cross down. EUR/USD Can Only Think Bearish No matter how I look at this pair, I can't think of anything but bearish. On both the weekly and daily time frames price is clearly below the ema's and on the daily time frame price has been very gracefully riding down along the ema's. USD/CHF Showing Much Upside Energy A few weeks ago after price reacted to the 50.0 fib level of its previous move down on the weekly time frame and bounced down the Swissy made a reverse fib almost to the 38.2 level and it seems like it will keep going back to the upside and will not pause before it reached that 50.0 fib level once again. EUR/GBP Expecting Bearish Continuation Yesterday this pair retraced up to the 13 ema and dropped. On the daily time frame price is currently touching the 5 ema and the lower Bollinger band is pointing down as is the upper band as well. Price is now touching the 5 ema. Successful Trades on November 14, 2011 See how one trader placed successful trades based on the Forex technical analysis of November 14, 2011, and how he profited in under 1 hour. GBP/USD Unpredictable, Leaning Bearish I will start out my analysis today on the daily chart. The weekly time frame just isn't telling me much today. On the daily time frame price has made 3 taps of the upper resistance line I have drawn and the stochastics is pointing down. USD/CHF Weekly Forecast A technical glance at the daily chart for USD/CHF using Ichimoku Kinko Hyo averages, we can notice that trend had touched Senkou span A 26 days (Green Moving Average) and bounced crossing Kijun-Sen (Red) just above Kumo (Cloud) which indicate a positive move in a trend following system. EURJPY Showing Bearish Signs This pair begins its new week below the 5 ema on the weekly time frame. The trend to the downside looks strong. Each of the ema's are in sync with each other and in their respective numerical order in regards to the downtrend. EUR/GBP Maintaining Bearish Trend It appears that for the last couple weeks the GBP has been overcoming the EUR. This pair has recently broken some trend lines and support. EUR/USD Up Against Resistance This pair looks a little strange to me today and only because it looks bearish on the weekly chart but the Swissy also looks bearish and the correlation between the two pairs is usually opposite so I will watch this pair very carefully. USD/CHF Downward Price Action Expected For all practical purposes, the Swissy is looking bearish to me. Mostly because it has a lot of resistance it its way. Beginning my analysis with the weekly time frame I can see we have been in the same fib zone for a several weeks now. Weekly FX Forecast – November 14, 2011 The EUR/USD is a pair that has been at the epicenter of the storm in the Forex markets as of late. Looking at the pair, you can clearly see a massive hammer that has formed on the weekly chart just above the 1.35 level. EUR/GBP At a Breaking Point I start my analysis tonight for EUR/GBP pair looking at the daily timeframe. This pair looks very interesting to me today. USD/CHF Breakout to the Downside I will begin my analysis tonight for the Swissy with the daily timeframe. Price is riding the 5 ema to the upside. EUR/USD In a Breakout Zone For EUR/USD today I will begin with the daily timeframe. Yesterday it just pierced the 61.8 fib to the upside, however, it is still below the 5 ema which is forcing it down. EUR/JPY At The Edge of a Breakout Zone I begin EUR/JPY pair with the daily chart. Price has broken a trend line a couple days ago and price is just below the 5 ema. GBP/USD Watching For a Range Break I begin my analysis for GBP/USD pair with the daily timeframe which in just a bit of a range. Successful Trades on November 10, 2011 See how one trader profited based on today's technical analysis, and how you can too. EUR/GBP Consolidation Then Continuation EUR/GBP pair finally made its break to the downside yesterday. As I said in my analysis yesterday, I love it when price is against a trend line. Swissy Breaks Extreme Levels Price has broken above the 38.2 fib and for sure will head up to the next level, the 50.0 level at .9398, which it almost reached a few weeks ago. EUR/USD Consolidation Then Continuation I will begin EUR/USD pair today with the weekly chart. Yesterday this pair broke the price channel it had been confined in and what a sweet break it was. EUR/JPY Bearish Continuation Expected I will start my analysis for EUR/JPY pair with the weekly timeframe. I do not think this pair is done dropping just yet. GBP/USD Will Continue To Drop I will start off with the daily timeframe for this pair. It starts its day below the 21 ema with the 5 ema beginning to cross the 13 ema with a stochastics pointing down. Euro Plummets! As I am sure most of you are already aware, the EUR/USD pair dropped like a stone through our weekly support level today. EUR/USD Plunges to 1.36 The EUR/USD has plunged during the Wednesday session as fears of Italian debt problems continue to take the focus of the markets. Successful Trades On November 09, 2011 Due to a high volatility in the markets, especially in the EUR/USD, volatility sensitive instruments such as: “Touch”, “Touch Down” and “Out” are suitable for trading. GBP/USD Could Break Up or Down Beginning my analysis for this pair I will begin with the daily time frame and I can see that yesterday's price did poke through the 61.8 fib level for this pair and price is still riding along the 5 ema with the upper Bollinger open and beginning to point up. EUR/JPY Breakout or Bounce I will begin my analysis for the EUR/JPY starting out with the daily time frame and it is very obvious that this pair has been making a series of higher highs and higher lows and is on the move up. EUR/USD Watching for a Channel Break On the daily time frame I can see that yesterday this pair made a higher low and a slightly higher high and price seems to be rising from the recent fib it has made to the upside. USD/CHF Swissy on Way Back Down I begin my analysis for the Swissy today with the daily time frame. EUR/GBP Prepping for a Retracement I will begin my analysis for EUR/GBP today with the daily chart. Yesterday the market opened away from the daily 5 ema and rose to it and nearly touched it. Euro Slightly Bullish The EUR/USD has been making higher lows for the past six trading days, and is up ever so slightly after opening the week at 1.38329. Franc Testing Big Figure The USD/CHF pair has been propelled by recent announcements out of the Swiss National Bank deploring the heightened value of its currency. GBP/USD Signal Update Currency: GBP/USD Trend Expected Direction: Down Strategy: Elliott Waves and Fibonacci Trading Successful Trades on November 8, 2011 USD/CHF Based on Doug’s analysis of the USD/CHF, it continues to remain bullish, which creates an investment opportunity in the following positions: “High” or “Above”, “Touch” or “No Touch Down” on the USD/CHF. GBP/USD Slowly Heading Down This pair still appears to be within a range even though it broke out of its price trap, revisited and fell just a bit. On the daily chart it is very obvious that price has been floating around in between the 50.0 and 61.8 fib zone. EUR/JPY Drifting Down Layers of Support The EUR/JPY has recently made a 50.0 fib to the down side overlapped with a 55 ema on the weekly time frame and at this time the weekly candle is just below the 21 ema. EUR/USD Heading Down The EUR/USD is looking bearish to me today. Beginning my analysis with a brief look at the weekly chart it is very obvious price has been in a downtrend. USD/CHF Currently in an Uptrend Beginning my analysis with the Swissy weekly time frame the Swissy looks bullish. Price is clearly riding along the 5 ema and the 13 ema has crossed above the 21 and the upper Bollinger band is pointing up. EUR/GBP Bottom of Range Beginning my analysis today with the EUR/GBP weekly chart I see that price is now approaching the 144 ema and the 5 ema is heading down and is building up angle and separation from the other ema's. Aussie Stuck On A Zone The Aussie seems to be stuck on the daily S/R zone around 1.0326 and has not closed below this level since October 20th. Successful Trades on November 7, 2011 See how one trader used today's technical analysis to win big with binary options! GBP/USD Still Caught in a Tight Range The GBP/USD starts off the new week still trapped within the same range it has been in for months. Looking at the daily time frame price is above support and heading up. EUR/JPY Price Falling, Support Coming Starting out with the weekly chart for this pair it is easy to see this pair made a 50.0 fib that perfectly overlapped with the 55 ema. EUR/USD - Bearish Breakout Coming The EUR/USD kicks off the new week at the 50.0 price level to the upside, however, the 5 ema has rolled over and appears to be pushing price down. USD/CHF Looking Very Bullish Today The new week for the Swissy kicks off with price bouncing off the 5 ema to the upside. Price however is closely approaching the 55 ema which will surely add a bit of downside pressure. EUR/GBP Price Slowly Drifting Downward The EUR/GBP kicks off the new week in mid air. On the weekly chart we are neither at support or resistance levels as of yet. AUD/NZD Signal - November 7, 2011 Get a free AUD/NZD Forex signal based upon Fibonacci principles, Japanese candlesticks and more. Find your target and stop loss now. 38.2% Gives Aussie Support? The AUD/USD appears to have found support at the daily zone of 1.0326 after falling last week from the recent high of 1.07521. The pair has retraced 38.2% from October's low of 0.9387 to the previously mentioned high, and has encountered both support & resistance at this level, in the last few months. Weekly FX Forecast – November 7, 2011 EUR/USD While the pair has been very choppy lately, the truth is that the pair has been almost 100% news-driven over the last several months. EUR/USD Signal - November 6, 2011 Get a free EUR/USD Forex signal from an expert at DailyForex.com. Trade suggestions based on Elliott Wave principles. GBP/USD Signal - November 6, 2011 Get a free GBP/USD Forex signal from an expert trader. Find your target, stop loss and more now. EUR/GBP Trapped In a Tight Range Today EUR/GBP is at the bottom of the price trap it has been confined to since may. USD/CHF Sitting Below Resistance On the daily chart we find the Swissy just below resistance levels. Price is seated just under the 5, 13 and 21 ema's. EUR/USD Bullish Move Is Expected EUR/USD pair is currently crunched in between support and resistance, on the daily chart price is just above the 21ema and below the 55 ema. EUR/JPY Breakout Conditions Exist EUR/JPY pair starts off sitting on the 5 ema on the daily chart. The 5 ema is ahead of the rest to the upside and the 13 is beginning to cross above the 55 ema all bullish indications from a daily perspective. GBP/USD Looks Bullish But It’s Not Starting out looking at the daily chart for GBP/USD pair it is obvious that price did make a fib yesterday which overlapped with the 21 and 55 ema's. Sterling Support Holds It looks like our GBP/USD weekly support zone of 1.5950 is holding. Prices have been fluttering around this zone for a week now with at least 7 attempts on a daily chart to push lower. USD/CAD Signal - November 3, 2011 Get a free USD/CAD signal based on Elliott Wave principles from an expert trader. Find your reason to enter the market! USD/JPY and Non-Farm Payroll One of the most heavily influenced currency pairs by the Non-Farm Payroll announcement is the USD/JPY. The pair is a well-known “risk sensitive” market, and will often be the focal point of traders – especially if the reports are good. Successful Trades on November 3, 2011 One trader used today's technical analysis to profit significantly - see how you can too! EUR/GBP Caught In a Range Starting my analysis today on the daily chart. Yesterday, as expected price met up with the 5 ema, reacted and dropped down just a bit. USD/CHF Signs of Low Volatility On the USD/CHF daily chart for the Swissy price is currently being crunched between the 5 and 21 ema's with the 233 and a trend line just above. EUR/USD Bearish Signs Developing We start out today on the daily chart with price up against the 50.0 fib level and the lower Bollinger band sharply pointing up. GBP/USD Caught In a Fight Zone On the daily chart for this pair it is very obvious price has bounced off the 61.8 fib level a few days ago and the 5 ema. AUD/NZD Signal- November 3, 2011 Currency: AUD/NZD Trend Expected Direction: Down Strategy: Elliott Waves and Fibonacci Trading Loonie On Pause? The Loonie took a bit of a breather today after its bullish movement (over 330 pips in 4 days) off of the support zone at 0.9906 a few days ago. Successful Trades on November 2, 2011 See how one expert trader turned today's technical analysis into profitable trades in GBP/USD and USD/CHF. GBP/USD Bullish with Resistance I start my analysis for this pair looking at the daily chart. It appears quite bullish. The 21 ema seems to be in control of price and yesterday price made a fib overlapped with the 21 ema and bounced up. EUR/JPY Heading Up On to the hourly weekly pivot chart I can see that the stochastic is in the trade zone pointing up and the 5 ema is crossing through the 13 ema but once again, on this chart the 55 ema is just above price and the M3 is just a bit above that at 107.68 and this overlap can slow us down. Bullish Retracement for EUR/USD The Euro has recently made a very bearish move. Looking at the daily chart it is obvious we broke through a steep trend line and price fell fast and hard and gapped away from the ema's and the 5 has crossed below the 13 and is prepping to close below the 21. USD/CHF Caught in a Flag Pattern On the daily chart price breached the upper trend line then fell back a bit to the ema's which will give price a push back up. The stochastics has surfaced out from the oversold zone and is pointing up and the daily 5 ema is prepping to cross the other ema's. EUR/GBP in a Consolidation Range There is no question about it that price has finally broken out of the price trap it has been confined in. The last couple of days the moves for this pair have been rather extreme. EUR/USD Signal - November 2, 2011 Find your target and stop loss for EUR/USD with this free Forex signal. Don't wait long to enter the market! GBP/USD Signal - November 2, 2011 Get a free Forex signal for GBP/USD based upon Elliott Wave theory. Find your target and stop loss now. 4 Hour Bear Flag on Aussie The Aussie seems to have found support at 1.0280 with the last 5 4-Hour candles halting at this level, creating a bearish flag formation on the 4-hour chart. AUD/USD Signal - November 2, 2011 Get a free Forex signal for AUD/USD from an expert trader - find your target, stop loss and more. EUR/USD Sell Off Continues The EUR/USD has started out the week with a real bang. The pair has fallen apart from the euphoria that last week saw when the announcement came out about the EFSF. Successful Trades on November 1, 2011 See how one trader profited by trading binary options based on today's technical analysis. GBP/USD Sitting on Support I will start out briefly with the weekly chart. Price is beginning to ride the 5 ema and the stochastics is pointing up. Moving on to the daily chart price has retraced down to the 233 & 144 ema which may act as strong support, however, the stochastic is in the overbought zone. EUR/JPY Has Retraced Down to Support I will start this pair briefly with the weekly chart. Yesterday's price took off to the upside and abruptly fell precisely at the 50.0 fib level that was precisely overlapped with the 55 ema. EUR/USD Bullish Action Soon Expected Starting out with the weekly chart I can see that price has perfectly fibbed to the 38.2 level and this fib is overlapped with a 144 ema and we have a stochastics in the trade zone pointing up. Bearish Action is Expected for USD/CHF I will start my analysis for the Swissy with the weekly chart. Price has bounced off the 13 and 21 ema's and is now up against the 5 ema overlapped with the 38.2 fib level. Stochastics is also in the overbought zone. For EUR/GBP, Price on Support Yesterday the EUR/GBP took a dive. This was due to GBP strength over the EUR weakness. Briefly looking at the EUR/CHF weekly chart the stochastics is in the overbought zone and the 5 emas appears to be rolling over to the downside. Aussie Finds Support? The AUD/USD pair seems to have found some support at our previous resistance zone of 1.0500. The daily candle has stopped in its tracks at 1.0506 and a new one is forming using the same zone as its base. EUR/USD Weekly Analysis Looking technically at EUR/USD weekly chart with Ichimoku Averages, we again notice the Bearish overview of the Euro/Dollar pair from the Bearish Engulfing Candle shape touching the 26 day average within the cloud which indicates that the trend is still within a corrective stage. USD/CAD Weekly Analysis Just looking generally at weekly Ichimoku Averages, We notice an increase in Rate of Change indicator in the same time with a Double bottom trend action which indicate a change in trend direction. GBP/USD Retracement in Progress I will start my analysis with this pair taking a brief look at the weekly chart. Price is at a fib level with the 13 and 5 ema just below price with a stochastic pointing up. EUR/JPY Reaching Fib Levels This pair is giving me mixed signals. The JPY just took a major dive and on the weekly chart we are at a perfect 50.0 fib of the previous swing down overlapped with the 55 ema, however, on the daily chart we have busted through a trend line, however, we just touched the 233 ema and the stochastic is in the overbought zone. EUR/USD Retracement Expected This pair has been bullish for the last few weeks and I don't see any reason for that to come to an end. At the time I am writing this analysis price has been in a retracement, however, I think it is prepping to continue further to the upside. USD/CHF Bearish Price Action Expected This pair has been bearish for the last couple weeks and I think this bearishness will continue this week. A brief look at the weekly chart displays that the stochastic is in the overbought zone and that the 5 ema is coming down, approaching the other ema's and a crossover could be imminent. EUR/GBP Bullish, Retracement Expected This pair look like it will have a bullish week but at this moment looks like a mixed bag when comparing it to all the different time frames. Starting out with the weekly chart today I can already see ema crossovers. AUD/NZD Going Higher? The pair known as the Aussie/Kiwi appears to be setting up to break higher. A series of lower highs and higher lows on the daily charts is hinting at a break out favouring the bulls. EUR/GBP Going Upside As of yesterday, this pair took off and broke out of the price channel it has been trapped in since the summer to the upside. Consolidation Expected To USD/CHF The Swissy made a vast drop yesterday. There were a lot of big moves yesterday and usually after a big move consolidation follows. EUR/USD Move Price at Resistance Yesterdays bullish move for this pair, as intense as it was, now leaves price up against a layer of resistance. I look at the daily chart from two perspectives. EUR/JPY to Retracement or Consolidation After yesterdays steep move up, I do expect a retracement. On the daily chart we totally broke above the trend line. GBP/USD Retracement Conditions Exist Starting my analysis today on the daily chart it is clear that price has precisely reached the 61.8 fib overlapped with the lower trend line of the price channel price had previously been trapped within. AUD/CAD Breaks 2004 High The AUD/CAD pair has finally broken out of the zone between 1.00 and 1.05527 that it has been trading in since April 2011. EUR/USD Signal – October 27, 2011 Get a free Forex signal for the popular EUR/USD pair, only at DailyForex. Trades Executed on October 27, 2011 Based on Doug’s analysis of the EUR/USD, The EUR continues to remain bullish which creates an investment opportunity in the following positions: “High” or “Above”, “Touch” or “No Touch Down” on the EUR/USD EUR/GBP On the Move Up The EUR/GBP is definitely in a bullish state since yesterday. Taking a quick peak at the weekly chart it is evident that this pair had breached, retested and is now heading up and out of the price trap I had it in. USD/CHF Continuing to Drop I will start my analysis for this pair today with the weekly chart. Price fibbed recently just shy of the 50.0 and now is coming into contact with the 13 and 21 ema's and I would like to point out that the 13 is crossing above the 21. EUR/USD Breaking Resistance Levels Starting out with the daily chart for this pair it is clear that we have broken out of the descending trend line we were under and price has already broken through the 233 ema and is poking through the 144 ema. EUR/JPY Appears to Be Breaking Range This pair is caught inside of a price trap in my hourly chart. It has been in a consolidation range for the last week or so trying to make up its mind and I think it is getting close. GBP/USD Trending Up Starting off with the daily chart it is obvious price is riding the 5 ema up and this pair has been looking quite bullish and has breached the daily 144 ema. AUD/USD Approaching Critical Zone The AUD/USD or 'Pacific Peso' as it is known to some, is approaching a critical resistance level. GBP/USD Forex Signal - October 26, 2011 Free GBP/USD Forex signal based upon Elliott Wave principles - find your entry and stop loss now! EUR/USD Signal - October 26, 2011 Get a free Forex signal for EUR/USD based upon Elliott Wave principles. EUR/JPY And CHF/USD Trades on October 26, 2011 See how one trader profited by using today's technical analysis on a binary options platform - and learn how you can profit too! GBP/USD Looking Extremely Bullish This pair keeps heading upward. It has blown through each fib level along the way and is now on the way to the 61.8 fib level. On the daily chart price is riding up the 5 ema and the stochastic is in the overbought zone but remains there which is a bullish sign. EUR/JPY Trapped in the Center of a Range Starting with the daily chart for this pair we seem to be in a range. We are up against the descending trend line and price seems to be slowly rolling over. EUR/USD Up Against Strong Resistance I will begin my analysis today on this pair starting with the daily chart. As we have been observing this pair has been retracing to the upside for the last few weeks and has nearly reached the 61.8 fib level which just happens to overlap with the daily 233 and 144 ema's. USD/CHF Range Bound but Drifting Down The Swissy continues to fall. On the weekly chart price is now riding the 5 ema down and the lower Bollinger band is open and pointing down. Price is approaching the 55 and 144 ema's around 0.8700 but it could take another day or so to get there, but when we do get there, I expect some type of reaction. EUR/GBP In Tight Range but Bearish Beginning my analysis for this pair I start off today with the daily chart. Price has found its way back inside the trap it was in previously and price seems to be drifting down. CAD/JPY Bearish Continuation? Just about any pair connected to the CAD saw some big movement yesterday. Thanks to a sheepish rate statement from the Bank of Canada the Loonie fell relative to the Greenback. Trades Executed on October 25, 2011 See how one trader used today's technical analysis to profit substantially in under 1 hour. Bearish GBP/USD Approaching Break Out Point This pair has been looking tricky to me. I am watching this pair very closely. On the daily chart we keep rising, however, we are re-approaching the price channel we recently broke out of which also coincides with a 61.8 fib zone. EUR/JPY Looking Neutral and Range Bound This pair has been in a range as of lately and has been sitting on strong support. Starting out looking at the daily chart for this pair I see price has been riding along the daily 13 and 21 ema's overlapped with each other. EUR/USD Expect Bullish Continuation Starting out my analysis for this pair on the daily chart price is still riding the 5 ema up but has come into contact with the 233 ema. This of course will cause a bit of a pullback on a lower time frame but ultimately I believe price will continue on until 1.4 before it hits any major resistance. USD/CHF Expect Bearish Continuation The Swissy continues its drop from the near 50.0 fib level it made a couple weeks ago. On the daily chart the 5 ema has crossed below the 233 ema and the lower Bollinger band is open and pointing downward. EUR/GBP Caught in a Trap, Watching for a Break Today the EUR and GBP appear to be weak against the CHF. I start out my analysis for the EUR/GBP on the daily chart and I can see the 5 ema is crossing down below the 13, 21 and 233 ema's and the stochastic is pointing down. AUD/CAD Bullish Breakout After trading sideways for over a week between 78.07 and 79.58, this pair appears to be breaking to the upside with today's bullish candle closing above the decending trend line at 79.60. EUR/USD and EUR/JPY Trades Executed on October 24, 2011 See how one trader used today's technical analysis to win big in a binary options trading platform. GBP/USD May Seem Bullish, yet Heavy Resistance Exists Starting out with the weekly chart I see a combination of bearish and bullish indications. The bearish indication is that price is at a 50.0 fib level overlapped with a 55 and 21 ema. EUR/JPY Looks Bullish, Up Against Strong Resistance Starting out with the weekly chart bullish conditions exist. The stochastic is crossing it's way out of the oversold zone and price is trying to catch a ride on the 5 ema. EUR/USD Approaching Resistance, Bullish Conditions Exist I will start out with this pair taking a brief look at the weekly chart. Last week price fell to the 233 ema then bounced. It seems to be heading back up, however, tough resistance does stand in its way. USD/CHF Retracing Just a Bit, Expect a Drop I start my analysis on the Swissy looking at the weekly chart. Last week was a very bearish week for this pair and at this time the 5 ema is above weekly price action with a stochastic in the overbought zone. EUR/USD Weekly Analysis - October 24, 2011 If we take a technical look at the weekly EUR/USD chart using Ichimoku averages, we still notice a negative bias expecting a drop in the trend due to several reasons. Get the full picture - and our weekly signal here. EUR/GBP Up Against Resistance Starting out with the weekly chart for this pair I just wanted to point out a few things. First of all, last week price for this pair had mostly dropped and it pierced the 55 ema and has retested. GBP/USD Weekly Signal- October 24, 2011 If we take a technical look at the Weekly chart GBP/USD using Ichimoku averages, we still notice a negative bias expecting a drop in the trend due to the following reasons: Sterling Facing Strong Resistance For 4 weeks in a row the Sterling has closed higher than its open after dropping from the high of 1.66180 the week of August 14, 2011, to the support level at 1.5350 at the beginning of October. EUR/USD Weekly Forecast If we take a technical look at the weekly EUR/USD chart using Ichimoku averages, we still notice a negative bias expecting a drop in the trend due to several reasons. Find out what they are and get this week's signal here. EUR/GBP Bearish and Could Break Range The EUR/GBP ends the week with a bearish tone. It had appeared to me that it could break out of its range to the upside. USD/CHF Falling Due to CHF Strength The Swissy looks like it is dropping further today. Looking at the weekly chart it is clear that price is steadily falling from the near 50.0 fib level it has recently made and is now falling below the 38.2 fib level. EUR/USD Falling Down to Support Starting out with the weekly chart for this pair it appears price is bouncing off the 233 ema it landed on earlier this week and may go up. EUR/JPY Falling to Support Looking at the daily chart for the EUR/JPY it is obvious price has been riding on the 13 and 21 ema's. GBP/USD Moves To The Upside Expected Starting off with the weekly chart it appears that the GBP has picked up strength and the stochastic is in the overbought zone trying to cross up. EUR/GBP Watch for Rise to 0.8740 Normally, my analysis for the EUR/GBP entails analysis of the EUR/CHF and GBP/CHF. Today however, I don't see it necessary to even look at those two pairs. CHF Weakness Boosts USD Looking at the weekly chart it appears we are heading back up. Last week we dropped from nearly the 50.0 Fib level back down to the 38.2 and now we are back on the rise. EUR/USD Renewed USD Strength Price has fallen down to the 21 and 13 ema's, however, the USD has recently picked up strength and the stochastic is in the overbought zone. EUR/JPY Watch For Breaks Below 104.80 the USD/JPY is very range bound so I expectt he same rules for the EUR/USD will apply to the EUR/JPY. GBP/USD Trending to the Downside GBP/USD pair bounced off the daily 55 yesterday and has fallen and bounced a bit off the daily 21 and 13 ema's. GBP/USD on Motive Wave A drop of a motive wave with a bounce of flat correction. We are here at motive wave C after wave A and B folded. Euro Indecisive with Bearish Undertones The EUR/USD pair made some bullish movement in yesterdays trading, but could not hold off the bears. GBP/USD Maintains its Bullish Stride I start my analysis for this pair looking at the daily chart. The GBP has appeared to be a bit weak compared to the EUR but the USD has been extremely weak since yesterday so there is very little reason for this pair not to continue its hike upward. EUR/JPY Very Bullish but Have to Break Resistance I start out with this pair looking at the weekly chart and it is obvious that price recently made a 38.2 fib of the recent swing down, overlapped with a 38.2 fib. EUR/USD Very Bullish but Approaching Strong Resistance This pair continues to look very bullish, however, this pair is approaching a few layers of resistance that could trigger some profit taking and force price back down a bit. USD/CHF Looking Extremely Bearish I start out my analysis for this pair with the daily chart and it appears that price has rolled over beneath the ema's and it appears as though the ema's want to push price through the ascending trend line which could very well constitute a breakout to the downside. EUR/GBP Continues to be Bullish This pair looks extremely bullish. Starting with the EUR/CHF daily chart price is maintaining above the 5 and 13 ema's. On the 4 hour, 1 hour and 15 minute charts price is above the ema's and on the hourly and 15 minute charts the upper Bollinger band is wide open and pointing up. EUR/AUD to Continue Down Trend? With most of the major pairs locked in a range of sorts today, one might look elsewhere for potential trades and to gauge the markets. Today I am looking at the EUR/AUD pair as it has potential to continue its bearish run. EUR/GBP and USD/CHF - Trades from October 18, 2011 See how one expert trader profited over $100 in less than one hour based on today's Forex technical analysis, and get ideas of how you can do the same! GBP/USD Caught in a Range but Leaning on the Bullish Side For this pair today I will start out taking a quick look at the weekly chart which has a mixed look to itself. On the weekly, price has been range bound. EUR/JPY Could be Rolling Over Back to Bullish Again If it weren't for the fact that this pair is so closely correlated with the EUR/USD I could be kind of lost tonight but it is closely correlated and since the EUR/USD appears to be bullish to me and the USD/JPY is range bound I will maintain a bullish bias on this pair today. EUR/USD Looking Bullish Today, Price Rolling Over to Upside Analyzing this pair today and looking at the weekly chart I see that we are in the midst of a fib war. Price seems to be trapped in between a 50.0 fib of the last move up and a 50.0 fib of the recent swing down. USD/CHF Losing Strength and Looking Bearish Once Again Looking at the Swissy weekly chart it appears the fib level between the 38.2 and 50.0 has held up and that price is rolling over to the downside. and has already fallen below the 55 ema with a stochastics in the overbought zone. GBP Gaining Strength Against the EUR Looks as though the EUR/CHF is struggling to break the descending trend line above it. On the daily chart the 5 ema seems to be rolling over and all the ema's are very close to each other as well as the stochastics in the overbought zone. EUR-USD Weekly Outlook - October 18, 2011 Read a weekly prediction for EUR/USD based on Ichimoku Kinko principles and chart patterns, detailed and explained by a Forex expert. Loonie Tumbles - Greenback a Safe Haven? Yesterday I wrote about the Loonie's weekly chart, predicting it would pull back to the 1.0175 level, which it has and then some. This may be a pull-back, but considering traders aversion to holding European currencies right now, the Greenback is making gains and might continue to do so. EUR/USD - Signal Correction - October 18, 2011 A correction of yesterday's EUR/USD signal, which should help you hone in on the upcoming potential for profit. GBP/USD and EUR/JPY - Trades Executed on October 17, 2011 See how one trader executed profitable trades using a binary options platform and our analysis to profit substantially in under one hour. GBP/USD Approaching Overlapping Resistance Between 1.5850 - 1.5865 Taking a quick peek at the weekly chart price is in between the 5 and 13 ema. This could cause some range bound action. Moving on to the daily chart price has reached a 38.2 fib zone of the recent move down and up against a 55 ema. EUR/JPY Approaching Strong Resistance Starting out with the weekly chart this week's starts out with price up against the 13 ema overlapped with a 38.2 fib of the recent swing down. Moving over to the daily chart price has been riding the 5 ema but is approaching a 61.8 on the recent daily swing down and almost touching the upper Bollinger band with a stochastics in the overbought zone. EUR/USD Very Bullish yet Entering a Fight Zone Starting out with the weekly chart I see that this week starts out just below the descending trend line and just below the 13 and 55 ema which have no angle or separation and therefore no power behind them. USD/CHF Further Action to Downside Expected. Starting out with the weekly chart, last week price came close to a 50.0 fib then dropped the entire week. The stochastics is still in the overbought zone so further decline is expected. EUR/GBP Approaching Visual Resistance I start out looking at the EUR/CHF, it is a new week of course and we are just up against the descending trend line we have been stuck at for the past couple weeks. This trend line seems to be holding since it is overlapped by a fib level between 61.8 and 78.6 as well as a 55 ema and the stochastics is in the overbought zone based on the weekly chart. Weekly Outlook on USD/CAD The Loonie continued to take back some of its losses against its Yankee counterpart to the south last week. The weekly charts hows the progress crystal clear with a bearish power bar spanning .2957 pips...or almost 3 cents. EUR-JPY Signal - October 17, 2011 EUR-JPY signal based upon Elliott Wave principles. Clear explanation and an illustrative chart provided by an expert trader. Find your entry and stop loss here. GBP-USD Signal - October 17, 2011 GBP-USD free Forex signal from an expert trader, to help you find a successful position in the market. Get the full signal here! EUR-USD Signal - October 17, 2011 EUR-USD Signal based upon Elliott Wave principles. See what our expert trader expects of the market, and how you can profit. USD Signal - October 17, 2011 USD signal based upon Elliott Wave principles, including a target, stop loss and description of the expected action. Find your entry now! EUR/GBP Ready to Take Off As always, I begin my analysis with this pair examining the EUR/CHF and I start out with he weekly chart. We are still just below the descending trend line I have been speaking about everyday this week. USD/CHF Watch for Bearish Price Action I am going to skip the weekly chart today since it is no different than yesterday and go straight to the daily. EUR/USD Caught Up in a Fight Zone Normally, I would look at this pair and think it was bearish. But even in a bullish market bearish conditions will always exist. In uptrend's we will have retracements to the downside. EUR/JPY Reaching a Breaking Point I am going to skip the weekly chart for this pair once again and go straight to the daily. GBP/USD At a Very Critical Area GBP/USD pair has been trapped in the same 100 pip zone for the last few weeks and just cannot seem to make a decision. Upside Momentum to EUR/USD Tenkan sen (Blue Average) is above Kijun sen (Red Average) with a strong Kumo (Wide Cloud) which signal a good upside momentum. Kiwi Standing Still? The NZD/USD pair didn't do too much yesterday which is understandable after the quick 500+ pips it, along with other pairs moved over the last week. Breakout has Occurred in EUR/GBP Pair As usual, I start out my analysis for this pair by first analyzing the EUR/CHF then the GBP/CHF. This is how I determine relative strength between the EUR and the GBP. USD Still on the Weak Side Looking at USD/CHF pair and starting with the weekly chart we can see that price has obviously taken a dive. EUR/USD Consolidating in a Range EUR/USD pair has obviously made a lot of headway since yesterday. Will it continue? That's the big question. EUR/JPY Watching For a Pullback Starting out with the EUR/JPY weekly chart I see that price recently broke support and has retested back to the scene of the crime, has touched the 13 ema and should continue to drop for a bit. Tight Range and Low Action in GBP/USD GBP/USD pair, even though it has been bearish up until today, it has reached the 38.2 Fib level of its recent move down and the 38.2 fib overlaps with the daily 55 ema. Strong Bullish Sign to EUR/CAD Tenkan sen (Blue Average) has crossed Kijun sen (Red Average) down-up above wider Kumo which signal a strong bullish sign. GBP/USD Signal - October 13, 2011 GBP/USD pair Final wave C in a larger ZigZag Strong Sterling? The Sterling continued to gain ground today closing 175 pips higher than yesterday, closing right on the 38.2 retracement level from the bearish run that started on August 19th. GBP/USD Looking Bullish but Beware I will skip the weekly chart for this pair today and go right to the daily chart. This pair is also looking bullish to me but the GBP is not the strongest currency at the moment. EUR/JPY Looking Bullish, but Approaching Resistance I really don't like to sound redundant, I don't like repeating myself too much but I just cannot seem to keep repeating the similarity between this pair and the EUR/USD. It is no secret that the correlation between the two pairs has always been rather strong. EUR/USD Looking Bullish but in a Fight Zone Starting out with a brief glance at the weekly chart for this pair I can see that we did bounce off the 50.0 fib and the stochastic is in the oversold zone. Moving over to the daily chart it has a bullish look about it since the 5 ema has crossed above the 13 and is crossing the 21 ema, stochastics is still in the trade zone but near the top I need to note and price has in fact busted the descending trend line I have been speaking about since last week. USD/CHF Rolling Over to the Down Side Looking at this pair and starting with the weekly chart I can see we are in a fib war. We are reacting to the fact that price is at a fib zone of the recent move down, but based on a lower time frame chart we are making a fib. EUR/GBP Maintaining Bullish Pressure Today the EUR/CHF looks just as bullish as it did yesterday, maybe today will be the day it breaks the descending trend line I have been keeping track of. All forces are behind it giving it the push it needs to break the line. GBP/USD Signal - October 12, 2011 Haven't tried signals based on Ichimoku principles? Now's your chance! Get an entry and stop loss from an expert now. EUR/JPY Signal - October 12, 2011 EUR/JPY Forex signal based upon Elliott Wave principles. Get an entry point and stop loss from an expert trader - for free! Loonie Still Eyeing Parity The Canadian Economy got some good news from the Housing Starts for September giving the Loonie a tiny bit more strength against its southern cousin, the Greenback. GBP/USD and EUR/JPY Trades Executed on October 11, 2011 See how one trader executed profitable trades for GBP/USD and EUR/JPY based on today's technical analysis. GBP/USD Slower But Still Bullish This pair continues to make headway from its recent double bottom. On the weekly, the stochastics is in the oversold zone prepping to cross up and on the daily chart the stochastics has already crossed up. EUR/JPY Continues on its Bullish Path I will skip the weekly chart for this pair once again. The weekly doesn't really tell me anything new. As I have said before, this pair looks just like the EUR/USD and it should because they are very closely correlated. EUR/USD Bullish Continuation is Expected This pair is looking very bullish at first glance. Starting out with the weekly chart I see that price has bounced off the fib zone of the recent move up. USD/CHF In a Fight Zone Looking at this pair I see that we had a slight bearish reaction. Price obviously bounced off the upper Bollinger Band and reacted to the fib zone we are in. Looking at the daily chart I see the new daily candle bouncing off the 21 ema which also happens to be a bullish fib zone. EUR/GBP Reaching a Breakout Area Well, as it turns out, the descending trend line for the EUR/CHF weekly chart I spoke about yesterday in my analysis did not break. That does not mean it will not break, just means there was a reaction and a bounce line that has already been tested three times is not uncommon and in fact, expected. EUR-JPY Signal - October 10, 2011 EUR-JPY signal based upon Ichimoku principles. Find your entry and stop loss now. Good for several days...but why wait? EUR/USD and GBP/USD Trades Executed on October 10, 2011 See how one trader used today's technical analysis to profit using a binary options trading platform. Then get in on the action too! Very bullish, GBP/USD on the Strong Side My analysis for the EUR/GBP resulted in GBP strength and my analysis on the USD/CHF resulted in USD weakness for today only for reasons of imminent pull backs to the daily 5 ema so I start out my bias as bullish for this pair. EUR/JPY Closely Correlated with EUR/USD This pair continues to look almost identical to the EUR/USD. Just glancing at the USD/JPY I see it is very range bound which explains the close correlation between the EUR/USD and EUR/JPY. GBP/USD Weekly Technical Analysis We notice a double bottom at ABC ZigZag correction which indicate an upward movement on our way. Get the whole weekly technical analysis for this pair here. EUR/USD Weekly Technical Analysis and Pattern Recognition Looking at weekly Ichimoku Chart, we can notice that trend has entered the Cloud (Kumo) which tells us that we are going into a correction wave that makes me expect Zigzag, Flat, or combinations before trend leaves the Cloud into another major trend either upward or downward. USD/CHF Looking Bearish Today The USD has been extremely strong for well over a month now. This pair has been bullish. Looking at the weekly chart I still see bullishness, but I also see that price is a ways from the 5 ema and needs to reconnect with it before it can continue to the upside. Bearish Continuation On Daily Euro? Trading closed last week with a really nice bearish inverted hammer on the EUR/USD pair daily chart. The candle formed at the resistance zone of 1.3450 pushing at high as 1.3524 and then closing about 75 pips lower at 1.3375, well below the resistance zone and Moving Average. EUR/GBP Approaching Resistance Near 0.8640 Starting out with the weekly chart it looks bearish off the bat. Price is approaching the 5 ema and for sure there will be a bearish reaction forcing price down adding to GBP strength. Get the full analysis here. Bullish Price Action Expected to EUR/GBP Pair Moving over to the EUR/GBP weekly chart we see that price is coming up to the 55, 21,and 13 ema's, this is strong resistance. USD/CHF Watch for Bullish Action Around 0.9164 USD looks stronger than ever. Looking at this pair on the weekly chart the USD looks very bullish. EUR/USD Watch for Bearish Action Around 1.3470 This pair is looking extremely bearish today. On the daily chart price is up against the 13 ema and is currently between the 50.0 and 61.8 Fib level of the recent drop down. EUR/JPY Pair Ready to Fall EUR/JPY pair continues to look very similar to the EUR/USD and of course it would since both pairs are highly correlated with each other. GBP/USD Breakout to the Downside is Expected GBP/USD pair is looking as bearish as ever. We recently pierced the support line price has been hovering off of which means there will not be a double bottom. Euro Set To Bounce? The Euro gained some ground against the Greenback again today after finding support a few days ago at 1.3150. This is so far being confirmed by the monthly candle. EUR/USD signal - October 6, 2011 EUR/USD signal based upon Elliott Waves principles. Find your entry and stop loss now. GBP/USD and EUR/JPY Trades Executed on October 6, 2011 See how one trader placed trades on GBP/USD and EUR/JPY based on today's Forex technical analysis to win hundreds of dollars with a binary options trading platform in under 1 hour. EUR/GBP Approaching Strong Areas of Resistance As always, I start out my analysis for the EUR/GBP taking a quick look at the EUR/CHF to determine the strength of the EUR. Bullish Price Action May Be Slowed Down a Bit by Consolidation Observing USD/CHF pair, it is obviously very bullish. Upper Bollinger band is wide open pointing up on the weekly chart, price is riding the 5 ema and has broken the 55 ema. EUR/USD Ready for a Retracement EUR/USD pair, as bearish as it has been has strayed too far from its weekly 5 ema and is too far below the lower Bollinger Band it is time for this pair to retrace a bit before it can continue down. Retraced to Fib Levels and Touched 5 Ema's – EUR/JPY Ready to Fall This pair looks exactly like the EUR/USD On the weekly this pair has been gracefully riding the 5 ema down also on the hourly with the 13 and 21 stepping in at times. GBP/USD Reaching Critical Areas Will it bouch or will it break? Moving over to the 4 hour chart it is obvious that the 21 ema has been in control the very most. Pound Double Bottom...Will It Hold? We have the BoE Interest Rate decision being released as well as the ECB's decision on Interest Rates today, and as such we could potentially see some big movement...but I doubt we will. So, what's next? EUR/USD and USD/CHF- Trades Executed on October 5, 2011 See how one traders used Forex technical analysis to profit on a binary options platform in under 1 hour. These trades were placed today - check them out now! GBP/USD - Bullish Price Action Expected Well, it looks like this pair finally made the double bottom I was expecting at 1.5350 area then spiked back up and touched the daily 5 ema. At this point I will watch this pair very carefully to see what happens next. EUR/JPY Watching for Re-Visit to Yesterdays High The correlation between this pair and the EUR/USD is very strong and therefore both pairs as well as their charts are looking very similar to me. On the daily chart price has come back up and has kissed the daily 5 ema and now price has permission to continue it's bearish move to the downside. EUR/USD - Expect Continuation to the Downside Well, yesterday I did point out that this pair needed a retracement to the 5 ema on the daily chart to continue downward and it looks as though that was exactly what took place. Price did make its way back up to the daily 5 ema, touched it then has continues to drop. USD/CHF - Continuation to Upside Expected This pair finally made a long overdue, yet modest retracement. It still maintains its bullishness, It retraced down to last month's high as well as last week's high, which nearly overlapped with the 4 hour 21 then, hourly 55, and 15 minute 233 ema then it took right back off. GBP/USD Signal - October 5, 2011 A GBP/USD free Forex signal based upon Elliott Wave principles. Find your entry and stop loss now. EUR/GBP Appears to have Reached a Level of Equal Strength As it appears, both the EUR/CHF and GBP/CHF turned out to be bullish this past day. Looking at the EUR/CHF daily chart I see it is up against the 233 ema. Aussie Finds Support...But Can It Hold? The Aussie daily candle has formed right on a support zone at 0.9525 with both yesterday's and today's candles having no luck breaking and holding below (7 hours into today's session). EUR/JPY And USD/CHF- Trades Executed on October 4, 2011 Based on Doug’s analysis, it seems that the weakness in the EUR creates an investment opportunity in the following positions: “Low” or “Below”, “Touch Down” or “No Touch” on the EUR/JPY. Strong GBP/USD May be Causing a Bullish Retracement Based on my analysis of the EUR/GBP and GBP/CHF I established that the GBP appears to be strong and looking at the GBP/USD weekly chart I see that we may be bouncing off the lower Bollinger band soon and that the stochastics is in the oversold zone. EUR/JPY Prepping for Bullish Retracement Before Bearish Continuation I begin my analysis with this pair first looking at the USD/JPY. It is very obvious to me that the USD/JPY is bearish on the weekly chart and the daily too and yesterday price just touched the daily 55 ema and dropped. Based on all this it is obvious that the USD/JPY is bearish. EUR/USD Bearish Attitude, Bullish Retracement Conditions Exist One glimpse at the weekly chart for this pair it is obvious it continues it's heavy drop to the down side. This pair is correlated with the USD/CFH in that they are perfect opposites most of the time, exact reciprocals if you may and we have established in our analyst with the European cross pairs that the EUR is the weaker currency of the three currency's and the USD appears to be stronger than the CHF. USD/CHF Strength Prevails I briefly look at the weekly chart for this pair and it is obvious this pair continues to be bullish. Upper Bollinger Band is open and pointing up, the 55 has been busted and the 5 ema is pointing straight up forcing price to the upside. EUR/GBP - A Lesson on Relative Strength The GBP seems to be slightly stronger on the weekly and the daily charts. We must however note that price on the weekly is approaching a descending trend line as well as a 55 ema and the upper Bollinger Band closing in but at this very moment the GBP is stronger than the CHF on the daily and weekly charts. Possible Double Bottom on Pound Daily The GBP/USD has dropped again after retracing to the 1.5700 level last week. Today's bearish candle could be an indication for a re-test of the monthly support zone at 1.5340. USD/CAD Approaches Massive Resistance Looking at the USD/CAD monthly chart, we see the 1.0650 level as massive in its importance. Notice how the September candle has been a straight shot up – these types of candles mean something, as they close at the top of the range. Aussie Breaking Major Weekly Support The AUD/USD pair has broken below the critical 0.9650 support level during risk-adverse markets. The pair has been falling rapidly, and as a result approached the level with lightening quick speed. EUR/USD and EUR/GBP - Trades Excecuted on October 03, 2011 Based on Doug’s analysis of the EUR/USD, the strength of the USD creates an investment opportunity in the following positions: “Low” or “Below”, “Touch Down” or “No Touch” on the EUR/USD. EUR/JPY - Continues Its Bearish Drop to the Downside I start my EUR/JPY analysis looking at the USD/JPY and I see that on the daily chart we have already made a retracement to the daily 55 ema and that the upper Bollinger band was closed and pointing down, this gives a bearish appearance. EUR/USD - Continuing Bearish Drop to the Downside The EUR/USD maintains its bearish flair. On the weekly chart price has once again fallen outside and below the lower Bollinger Band and has been doing what we refer to as 'Walking the Band' It makes its way back in the band just a bit, touches the 5 ema then seems to always fall back out and below the lower band. GBP/USD - Tough Trading on Both Sides This pair has been a bit unpredictable. The GBP has been stronger than the EUR, but the USD has been stronger than both. USD/CHF - Continues to be Bullish This pair continues to look extremely bullish to me. It is in a critical area where I would expect it to have resistance since it is between the 38.2 and 50.0 fib levels of the previous move down but is has busted the 38.2 fib level and I expect it to make its way at least to the 50.0 level at around 0.9438 which is still over 200 more pips away. EUR/GBP - Prepping for a Downside Breakout Before I look at this pair, I start out taking a quick peak of the EUR/CHF and it appears to me that the EUR/CHF is range bound across all timeframes. Next, I take yet another quick peek at the GBP/CHF and it appears to be slightly bullish. Loonie Continuing to Fall The Greenback is extending its gains against its northern cousin, the Loonie. A few hours before the open of the London session we see that price on the USD/CAD has broken through resistance at 1.0487/1.0500 and looks strong. Possible Head & Shoulder Formation on GBPCAD The GBP/CAD Daily Chart appears to be forming a head & shoulders formation, indicating that price could drop soon. EUR/JPY Going to C In Larger Correction To buy once trend comes closer to or touch 103.850 price point 0.618 Fib level. Bears Regain Control of the Euro? Today's daily EUR/USD chart has given us a great bearish continuation formation. Price action hit a high of 1.3690 before falling and closing below the resistance level (1.3649). EUR/USD Rolling Over to the Upside For this analysis i will skip the weekly chart today and go straight to the daily. It appears that yesterday as well as the day before there had been buying pressure at the 50.0 fib level of the previous move up. EUR/JPY Watching for Bullish Move to the Upside Today with the EUR/JPY pair I start out with the daily chart and I notice it looks a lot like the EUR/USD pair, but then again, the correlation between the two said pairs has always been strong. USD/CHF - Breakout in Either Direction Expected Finally, it appears the USD/CHF is beginning to roll over a bit. On the weekly price is bouncing off the 55 and upper Bollinger Band and the stochastic is in the overbought zone. Bullish Price Action Expected for GBP/USD Price has recently come off of a daily bottom noticeable on the weekly chart and it does look like price want to fib from its recent large move down. So far we are just above the 21.4 fib level but I expect price to head to at least the 38.2 fib level which is almost 200 pips above so I think this pair has a ways to go so I remain very bullish on this pair at the moment. EUR/GBP - Expect Reactions at 0.8670 There are ema crossovers taking place which makes this pair look bullish but a visit back to the ema's is what may be needed for this pair to continue up. Aussie hovers around 38.2% Looking at the 4-hour chart for the AUD/USD we see that price moved as high as 0.99827 during the North American session, but has since retreated somewhat with the past 2 4-hour candles being bearish. AUD/USD Signal - September 27, 2011 AUD/USD signal based upon Ichimoku Kinko principles. Action may take 1-2 days, but you can find your entrance now. EUR/GBP and GBP/USD - Trades Excecuted on September 27, 2011 Based on Doug’s analysis of the EUR/GBP, the weakness in the EUR creates an investment opportunity in the following positions: “High” or “Above”, “Touch” or “No Touch Down” on the EUR/GBP. GBP/USD Appears to be Strong and Bullish As we determined when looking at the EUR/GBP pair the GBP appears to be the stronger currency. On the weekly chart I see what does appear to be price bouncing off what does appear to be a double bottom off of support. EUR/JPY Trapped in a Range This pair continues to look bearish, yesterday the daily candle bounced off the lower Bollinger band, moved up to the daily 5 then was pushed back down just a bit and closed red. EUR/USD Up Against Levels of Resistance The EUR/USD is basically the opposite of the USD/CHF. They are reciprocals of each other. Looking at the weekly chart it is obvious that this pair has been very bearish but this week's weekly candle is precisely bouncing off the 50.0 fib level of the recent move up as did last week's weekly candle. USD/CHF In a Condition Range This pair maintains bullish. Starting with the weekly the price seems to be riding the 5 ema and the 5 ema has crossed above the 13 and 21 and the upper Bollinger band is open and pointing up giving price permission to continue upward. Several Indications We Should Expect a Bearish EUR/GBP I start my analysis on this pair looking at the EUR/CHF. As always, I want to determine relative strength. On the weekly chart the EUR/CHF looks bullish base on ema's. NZD/USD Finds Support? Towards the end of the Pacific session and heading towards the London opening we see that the Kiwi (NZD/USD) seems to have found some support from the bulls. USD/CHF and EUR/GBP - Trades Excecuted on September 26, 2011 Based on Doug’s analysis of the USD/CHF, the strength of the USD creates an investment opportunity in the following positions: “High” or “Above”, “Touch” or “No Touch Down” on the USD/CHF. GBP/USD Still Looking Exceptionally Bearish On the daily chart we made our pullback came close to the daily 5 then dropped a bit but looks like it wants to move back up and touch the 5 again before dropping further. Price is still riding the daily 5 ema. EUR/JPY Maintains Bearish Direction On the weekly it is riding the 5 ema downward, on the daily the 21 ema seems to have been in control the 4 hour 5 ema is sharply crossing below the other ema's as well as with the hourly and 15 minute so the USD/JPY is no doubt bearish which means we have a strong JPY and a weak USD. EUR/USD Bullish Retracement Conditions Exist In my analysis for the EUR/GBP I point out it looks bearish which means EUR weakness and in my USD/CHF I point out a bullish bias which means USD strength so a weak EUR and a strong USD means a bearish EUR/USD. USD/CHF Continues it's Bullish Hike Upward This pair kicks off the new trade week looking quite bullish to me. On the weekly chart price starts out above the 55 ema with an upper Bollinger Band opening up. The 5 ema has crossed above the 21 and 13 and the 13 is prepping to cross the 21. EUR/GBP Begins Week with Bearish Attitude This new trading week begins with what appears as a heavy EUR/GBP. I start out my analysis as usual taking a look at the EUR/CHF and I see that it is up against the daily 233 ema, a very strong area of resistance. Loonie Flying a Bullish Flag The bulls are trying to break through he resistance at 1.035 while getting support from below at 1.024. AUD/USD Signal - September 25, 2011 AUD/USD signal based upon Elliott Wave principles - plan your move now! EUR/USD Signal - September 25, 2011 Check out this free EUR/USD Forex signal for an entry and stop loss for the most popular currency pair. EUR/JPY Signal - September 25, 2011 Start your week right with this EUR/JPY signal based on Elliott Wave principles. Prepare your entrance now! AUD/USD Signal - September 23, 2011 AUD/USD signal based upon Elliott Wave principles. Get your entrance and stop loss here. EUR/GBP Approaching a Descending Trendline EUR/GBP this pair has boon looking very bullish, yet I do see it is approaching a descending trend line that may cause a pullback and/or hesitation. There are bullish signs developing on the daily chart such as ema crossovers but until we break the descending trend line we are approaching I would be hesitant to enter any longs until the line is really broken. USD strength continues - Bullish action prevails USD/CHF pair continues its bullish drive up and continues to look bullish, however, we have reached bearish fib levels that may start to give price a stronger fight than what we have been experiencing until now. Bearish EUR/USD price action continues, beware!! EUR/USD pair continues to look bearish and I don't see any reason why that will change anytime soon. On the weekly chart we are below the ema's and riding the 5 ema down. This bearish GBP/USD pair may experience some bullish pullback action GBP/USD pair is just as bearish as ever, however, it has reached what looks like a strong area of visual support. EUR/JPY pair continues to be predictable EUR/JPY pair continues to be predictable. In all my analysis I point out that price is riding the daily 5 ema which it has. Swissy Remaining Bullish Over the last couple of days, the USD/CHF daily chart has given us a strong bullish continuation candle closing just above the resistance level of 0.9000, and then reached a high of 0.9181 during the North American session yesterday. EUR/USD and GBP/USD - Trades Executed on September 22, 2011 Based on Doug’s analysis of the EUR/USD, the strength of the USD creates an investment opportunity in the following positions: “Low” or “Below”, “Touch Down” or “No Touch” on the EUR/USD. EUR/GBP Making a Pullback EUR/GBP pair made a big move yesterday and starts out today with some space in between current price action and the ema's On the weekly chart we see that the 5 ema is pointing up and setting up to make a cross over the 13 and 21 ema's. USD/CHF Bullish, But in a Pullback Zone This pair has been extremely bullishh but finds itself just above the 38.2 fib of its most recent drop and up against the weekly 55 ema with a Stochastics in the overbought zone. EUR/USD is Trending Downward An incredibly strong USD continues to drive this pair downward. There is no reason to think this move down is over, it can go on and on. GBP/USD Approaching Profit Taking Zones GBP/USD pair continues its heavy dive down. This is caused by an obviously strong USD and is amplified by the fact that the EUR/GBP has been quite bullish causing GBP weakness. Approaching take profit zones. Beware of sudden pullbacks EUR/JPY pair continues its bearish trajectory to the downside, however, this pair is approaching areas where profit taking may soon come into play. EUR/USD Forms Bearish Continuation Candle The Daily candle on the EUR/USD has formed as a nice bearish continuation candle closing at 1.3571, well below our support zone at 1.3650, after reaching a daily high of 1.3797. EUR/USD and EUR/JPY - Trades Executed on September 21, 2011 Based on Doug’s analysis of the EUR/USD, The weakness in the USD creates an investment opportunity in the following positions: “High” or “Above”, “Touch” or “No touch down” on the EUR/USD. USD/CHF - Looking Bullish But Up Against Reversal Pivot Points This pair has reached a 38.2 fib level of the most recent swing low on the weekly chart. The 38.2 is overlapped with the 55 ema and upper Bollinger Band. Stochastics is within the overbought zone. This creates a very bearish feel to me, however, when looking at the daily chart I get an entirely different attitude. EUR/JPY - Breaking Its Price Trap The EUR/JPY continues to maintain its bearish downtrend and is still riding the 5 ema down on the daily chart. EUR/GBP - Breaking a 15 Minute Trend Line to the Downside Looking at the EUR/GBP today the longer term charts such as the weekly do not tell me much so I will spend most of my time analyzing this pair on the shorter time frames. GBP/USD - Rolling Over to the Downside, Maybe Setting Up for a Bullish Move Up In my EUR/USD Analysis I mentioned that the I see that the EUR has been stronger than the GBP. As strong as it is however, I cannot ignore the fact that it appears to be meeting up with tough resistance. EUR/USD - Approaching Strong Resistance Overlap Zone Today, we are just a bit above the level we were at yesterday. We are also back within the Bollinger Bands and sitting above the lower band that I believe could give price a slight lift. USD/CAD Signal - September 21, 2011 Free Forex signal for the USD/CAD pair based upon Elliott Wave principles. GBP/USD Signal - September 21, 2011 GBP/USD Forex signal based upon Ichimoku Kinko principles. Find your entrance and stop loss here. EUR/USD Signal - September 21, 2011 EUR/USD Forex signal based upon Elliott Wave principles. Enter the market for a profit now! EUR/USD and EUR/JPY - Trades Executed Today Due to a high volatility in the markets, especially in the EUR/USD, volatility sensitive instruments such as: “Touch”, “Touch down” and “Out” are suitable for trading. AUD/USD - Bearish Continuation Still Expected The AUD/USD is maintaining bearish. It has pierced the weekly 55 and the weekly lower Bollinger Band is wide open giving price permission to head out. The Stochastics is in the Trade zone but making a bearish cross in the center of the trade zone. EUR/JPY - Still Looking as Bearish as Ever No ifs, ands or buts about it, the EUR/JPY maintains its heavy bearish appearance. I would not consider any longs with this pair. It may retrace a bit to connect with the daily 5 ema but I would just sit back and wait for that to happen. More than likely, price will stay put for a bot and just pull the 5 ema down to it. EUR/GBP - Maintains a Bearish Appearance Today we find ourselves with a bearish EUR/GBP. On the weekly chart the 13 is crossing below the 21 ema and the 5 is prepping to cross below the 55 ema. Lower Bollinger Band is open and pointing downward. GBP/USD - Bearish Continuation Expected The GBP/USD continues to be bearish for the last several weeks and I don't see any reason for any of this to change. EUR/USD - Bearish But In a Bullish Fib Zone At this moment EUR/USD price is centered on the weekly 233 ema and on the very edge of the lower Bollinger Band. This can be either Bearish or Bullish. Aussie Gains on RBA While the news from the RBA wasn't great in the short term, it does look positive for the longer term and growth of the economy is looking good for the coming year. USD/CAD Set to Consolidate Further This Week The USD/CAD pair has been stuck in a range between the 0.98 handle and the parity level for several weeks now, and at the start of the week, it appears this trend will continue. Although the overall trend is down on the weekly and monthly charts, the pair simply cannot find any selling strength other than to hit the bottom of this range. Euro Gaps Lower at Week Open The EUR/USD pair gapped lower during Asian Monday morning trading as the EU officials didn’t come to any type of conclusion for the ongoing Greek crisis. EUR/GBP - Q4 2011 Forex Forecast The EUR/GBP appears to be caught up in a fib war. On the monthly chart it has fallen from the 61.8 fib from its recent swing down, but on the weekly it has bounced off the 50.0 fib of its recent move up. EUR/JPY - Q4 2011 Forex Forecast The EUR/JPY continues to look bearish. Looking at the monthly chart price is riding the 5 ema after a recent fib from the break of the illustrated trend line. GBP/USD - Q4 2011 Forex Forecast The GBP/USD continues to look extremely bearish on the long term as well as the short term. EUR/USD and EUR/JPY Trades on September 19, 2011 Based on Doug’s analysis of the EUR/USD, the strength of the USD creates an investment opportunity in the following positions: “Low” or “Below”, “Touch down” or “No touch” on the EUR/USD. EUR/USD - Q4 2011 Forex Forecast The EUR/USD made an all time high July 1, 2008, then it tanked. Ever since that time it has succeed to make a lower low and two lower highs. EUR/GBP Continuing to the Downside Taking a look at the weekly chart price has already met up with the weekly 5 ema and the 13 is crossing the 21 ema. Looking at the daily chart price is also againt the 5 and 13 ema's and the 21 and 233 is much further above. EUR/JPY - Looking Very Heavy The EUR/JPY continues to look extremely bearish. On the weekly chart it is coasting down the 5 ema with the 13 ema stepping in each time the 5 is breached. GBP/USD Still Extremely Bearish No matter how you look at it this pair is looking very, very heavy. Slight retracements are possible just enough to catch up with ema's. AUD/USD - Continues Its Bearish Trend Just as last week we find this pair propped just on the 55 ema, a very strong area of dynamic support. This pair is looking bearish to me because the 5 ema is not too far above price and the lower Bollinger Band is open and pointing down giving price permission to flow out to the down side. EUR/USD - Weekend Gap Should Fill Part Way On Friday we broke a price channel we the EUR/USD has been trapped to the upside and the price was touched by the daily 13 ema that caused the bulls to take profit forcing price back down. Weekly Forecast - September 19, 2011 The focus last week for markets has been on Europe but this will change in the coming week with theFederal Reserve gearing up for one of the most important FOMC meetings in along time. Will The Bears Push The Loonie Lower? With the housing data and FOMC details coming out of the USA this week, the US economy could be put on hold more or less until these statistics come out. The Canadian dollar, or Loonie as us Canucks call it, seems to have taken advantage of the situation and gained some serious ground on its southern cousin, the Greenback. AUD/USD Caught Within Fight Zones This pair finds itself caught up in between long term resistance and short term support. On the daily we have reached a 38.2 Fib to the downside overlapped with the 233 ema and the 5 ema pushing price down, yet the Stochastics is in the oversold beginning to cross up. EUR/JPY Trapped in Consolidation We start out this session within a very tight range for this pair. I have a feeling this range will soon be busted to the upside and I will expect bullish conditions for this pair. EUR/GBP Continues its Bearish Climb This pair continues on its way back up. It has been confined in a bit of a price trap and began its week at the bottom and continues to head up. GBP/USD Appears to be Rolling Over to the Upside This pair still looks bullish and has continued to ride the 5 ema downward but the ema's are beginning to catch up with each other and there appears to be less angle and separation between the ema's which indicates that price is slowing and the move is weakening based on the daily price action. EUR/USD Possibly on the Way Up Last week price broke out of its trap to the down side and the past couple weeks have been bearish indeed, however, while looking at the weekly chart price has fibbed to the zone between the 38.2 and 50.0 fib levels. Forex Analysis in Action - September 15, 2011 See how one trader used analysis from DailyForex to place profitable trades for EUR/USD and GBP/USD. AUD/USD Needs to Make a Decision The AUD/USD has been in a bearish mode the last couple weeks, however, it appears to be consolidating a bit and I think that is due to the weekly 55 ema acting as support. EUR/JPY - Looking Bearish but Trapped in Consolidation The EUR/JPY does continue to look just as bearish as ever, but after this pairs recent drop down it has been trapped in a 100 pip consolidation range. EUR/GBP Made a Retracement The EUR/GBP has made its retracement back up precisely to the 61.8 Fib Level which just happens to overlap with the Daily 233 and 21 ema's and the daily 21 looks like it is setting up to cross below the daily 233. GBP/USD - Retracement to the Upside Appears to be Developing The GBP/USD has been extremely bearish but I keep saying that a retracement is long overdue. Finally, I think the retracement is coming together. EUR/USD - Retracement to the Upside Still Expected We have just began to touch the 38.2 Fib level of the previous swing and keep in mind a swing fib is a swing fib and a move fib is a move fib. EUR/CAD Finds Support There could be a reversal in the works on the UERCAD pair. Today's daily candle is a 174 pip bullish engulfing candle formed off of support at 1.3475. EUR/USD Signal Correction Check out the correction of the EUR/USD signal from September 13, 2011. Expect a sharp drop towards the target price anytime. Forex Analysis in Action - September 14, 2011 See how one trader executed a trade based on today's EUR/JPY and GBP/USD analyses and ended up taking a profit. AUD/USD- Price is at a Critical Area Looking at the AUD/USD pair there is a feeling something has to happen soon. EUR/JPY- Does Not Stop Looking Bearish The EUR/JPY just recently broke areas it hasn't seen in years. It just keeps riding the 5 ema down on both the weekly and daily charts as well as the 4 hour and 1 hour charts and if the 5 ema gets breached then the 13 seems to get in the way and push price down even further. EUR/GBP- Breaking out of a Weekly Trap The EUR/GBP broke the bottom of its trap, but bounced off the Weekly 144 ema up to the 55 ema which also appears to being crossed by the 5 ema which is also at a swing Fib 38.2 on the Daily and just a bit under the Daily 13 ema, price looks like it is being pushed down even further. GBP/USD- Critical Area Reached Looking at the GBP/USD pair- it looks like it's not going to stop so easy. It is looking to me like it wants to break 1.5750 and if it breaks I think we are falling all the way to 1.5350. EUR/USD - A Bounce Long or Break Short For the last couple weeks the EUR/USD has been in a very steep downtrend. It has broken a price trap I had it in, it has broken trend line. A break out such as this usually follows up with a retracement to or near the break area. Sterling Could Bounce from 1.5775 The Sterling found some support at 1.5775 during the Asian session but will it hold? Investors appear to be returning to the North American markets while they wait for the EU to come to the rescue of Greece. EUR/JPY Daily Analysis - September 13, 2011 This pair continues to look bearish. I really do not see too much in the way before 104.60 witht the exception of the Daily Central Pivot Point at 105.07 which if broken and revisited, will give you a very comfortable short trade with a stop loss just a few pips above the Central Pivot Point. AUD/USD Daily Analysis - September 13, 2011 The weekly ema's and price seem to have met up with each other, the 5 has crossed the 21 ema and is pointing downward. The Daily candles have broken and retested the 233 ema and the lower Bollinger band is open to the downside. EUR/GBP Daily Analysis - September 13, 2011 Today's view of the EUR/GBP we appear to be in a period of consolidation. Yesterday, as I specified we were in a period of retracement. I think this retracement can continue all the way until 0.8690 area. GBP/USD Daily Analysis - September 13, 2011 Looking at this pair I see what could be a Weekly Double Bottom at 1.5785 and price is still far enough from the Weekly and Daily ema's I think price needs to continue upward a bit. EUR/USD Daily Analysis - September 13, 2011 We are approaching a 38.2 Fib Retracement of the previous swing down with a 4 Hour 21 ema just above that fib level. Price is also just below the Hourly 55 ema and we are just below yesterday's high and it kind of looks double toppish. EUR/USD Signal - September 13, 2011 EUR/USD signal based upon Elliott Wave principles. Find your entrance and stop loss now! Kiwi Double Bottom Confirmed? If price breaks to the upside we will see some resistance at 0.8250, 0.8320 & 0.8380 as I mentioned in yesterday's post. If however, price falls below 0.8200 again, it must break below another key support level at 0.8097. EUR/JPY Daily Analysis - September 12, 2011 Price is way outside the lower Bollinger Bands on both the weekly and daily charts, has traveled a distance from the 5 ema on both charts and in the oversold zone of the Stochastics on practically all time frames. EUR/GBP Daily Analysis - September 12, 2011 Looking at this pair I see it is approaching the Weekly 144 ema and at the edge of the Lower Bollinger Band. GBP/USD Daily Analysis - September 12, 2011 The GBP/USD is quite a distance from its 5 ema and up against the lower Bollinger Band on the Weekly chart, as well as about 40 pips away from the Daily 5 ema, with Stochastics in the over sold zone. EUR/USD Analysis - September 12, 2011 As I observe this pair there is absolutely no doubt it has been in a downtrend for the past couple weeks and there is really no reason for this down trend to end, however, I believe a slight retracement is due before price continues downward. Weekly Snapshot - September 12, 2011 The Euro fell close to 500 pips against the U.S. Dollar late last week, extending a sell-off that has taken the currency pair from 1.4500 at the end of August down to an intraday low at Friday’s close by 1.3653. European sovereign debt troubles have long plagued the currency but investors have turned a blind eye to the fiscal troubles purely due to the hawkishness of the European Central Bank. NZD/USD Double Bottom or Continuation? Here we have a daily chart of the Kiwi that shows price action finding some support at about 0.8175. This is no surprise with the previously established daily support of 0.8150 which held on August 19/20. USD/CAD Signal - September 12, 2011 USD/CAD signal based upon Elliott Wave principles. Find your entrance and stop loss here. EUR/GBP Daily Analysis, September 9, 2011 The EUR/GBP approaches the end of the week bouncing off last month's low. It is also bouncing off the Weekly S2 Reversal Pivot as well as the Daily S1. EUR/JPY Daily Analysis, September 9, 2011 Friday has left us with a bearish EUR/JPY sitting on the Monthly S1 Pivot, the Weekly M1 Pivot and we just poked yesterdays low. AUD/USD Daily Analysis, September 9, 2011 This pair looks a bit iffy to me. It is bouncing off the Daily 21 ema as well as the Weekly M1 and just bounced off the Daily S2 Reversal Pivot. EUR/USD Daily Analysis, September 9, 2011 The EUR/USD begins its NY session bouncing off the Weekly 144 ema. Lower Bollingers are pointing down on the weekly, 5 ema is crossing below the other ema's, Stochastics is crossing down. GBP/USD Daily Analysis, September 9, 2011 This pair appears to be in the beginning of a breakout if watching it on a Weekly chart. It has busted and retested the weekly Trend line. Can EUR/GBP Break Out? The EUR/GBP pair has been stuck in a range roughly between 0.8650 and 0.8850 since the middle of July and has come close to breaking out of its box a half dozen times. But today we have what I think is the best chance yet with a 150 pip bearish engulfing candle formed off of resistance at 0.8800. USD/CAD Signal - September 8, 2011 Open USD/CAD signal based on Elliott Waves principle. Enter the market now! EUR/USD Daily Analysis, September 8, 2011 Today the EUR/USD looks very similar to how it looked yesterday. the price is just above what has been a very strong line of support at the very powerful psychological level of 1.4. GBP/USD Daily Analysis, September 8, 2011 GBP/USD still has a very bearish appearance to me. Speed and momentum appear to be very strong to the downside. EUR/GBP Daily Analysis, September 8, 2011 EUR/GBP continues to look very bullish to me. Price continues to make higher highs and higher lows, shorter term ema's are crossing through EUR/JPY Daily Analysis, September 8, 2011 Taking a look at EUR/JPY pair we are obviously in a period of consolidation and we continue to be range bound. AUD/USD Daily Analysis, September 8, 2011 The Aussie has been very bullish but it looks to me like this uptrend is beginning to stall out a bit. Bulls Resume Control of Aussie? Today's daily candle chart for the Aussie formed a strong bullish engulfing candle closing above the former resistance zone at 1.569. NZD/USD Signal - September 7, 2011 The kiwi is trading higher today after bouncing off its 100-day MA yesterday around 0.8230. Looking closer at a 1H chart, we are waiting for an inverted head and shoulders pattern to complete around 0.8260. EUR/CAD Signal - September 7, 2011 EUR/CAD signal based upon Ichimoku principles. Enter the market now! AUD/USD Daily Analysis, September 7, 2011 Looking at the weekly it appears that price is setting up for continuation to the upside. The weekly Stochastic is in the trade zone crossing up. EUR/JPY Daily Analysis, September 7, 2011 I am seeing some evidence that the USD/JPY may become a bit bullish since the USD/JPY recently double bottomed just above the weekly M3, a bullish sign to me which points to JPY weakness with this pair, and of course in my EUR/GBP review I did point out EUR weakness and I have recommended EUR/USD shorts. EUR/GBP Daily Analysis - September 7, 2011 Looking at the 4 Hour chart we are at the 38.2 Fib zone of the recent fall for this pair, overlapped with the 55 and 144 ema's just above price. Also note that the upper Bollinger band is pointing downward. EUR/USD Daily Analysis, September 7, 2011 Due to yesterdays negative CHF CPI report the USD received a lot of strength so today we see a rather strong USD. If you take a look at my review of the EUR/GBP you will read that I am bearish on that pair which translates into EUR weakness. EUR/GBP Finds Support While the Swiss Bank was intervening in the swissy today, the EUR/GBP pair was finding support at the daily zone of 0.8750 give or take a few pips. The daily candle was 'only' 88 pips in comparison to the USD/CHF which was about 1000 pips, but it is relevant all the same due to the fact that it completely engulfed the prior 2 daily candles, retraced about 50% and still closed up by about 35 pips. EUR/JPY Daily Analysis, September 6, 2011 The eurjpy continues to look perfectly bearish. There is absolutely no reason to considering anything but short positions with this pair. This pair is gracefully riding the ema's on all time frames from the weekly all the way down to the 1 minute. GBP/USD Daily Analysis, September 6, 2011 This currency pair continues to look extremely bearish. On the daily we have open bollinger bands and are still within the bands and we have broken the 233 ema. EUR/USD Daily Analysis September 6 2011 The eurusd is currently at support over several timeframes. On the daily we broke the 233 ema, we are slightly outside of the bollinger band and stochastics is within the oversold zone. Aussie Remaining Bearish? From a strictly technical point of view the pair known to some as the 'Pacific Peso' or Aussie is clearly bearish on a daily candle chart. We have both closed and opened under the moving average as well as closing and opening below a major support zone at 1.0560, with support at 1.0500 below us. The Aussie Dollar Moving Forward The Australian dollar has many different hats that it wears these days, and as such the currency can act differently than “usual” at times. While it is often thought of as a “risk on” type of trade, you sometimes have to look at the gold markets in order to understand what could be driving the Aussie in the first place. GBP/USD Signal - September 4, 2011 GBP/USD signal, open position, based upon the Elliott Wave theory - start your trading week strongly with this free Forex signal from an expert trader. USD/JPY Signals - September 2, 2011 Open trade signal based upon Elliott Wave principle. Your entrance tot he Forex market is waiting! EUR/USD Update If the Greenback gets some support from the previously mentioned announcements today, we could see the Euro reverse. If price breaks back above 1.4300 and holds above it we may return the reins to the bulls. However I wouldn't consider this pair to BE bullish again until we break and hold above 1.4500 which is a major resistance zone for the pair. Can The Aussie Hold Above 1.0700? Price has traded as low as 0.9926 in the last 3 weeks but has pretty much been run by the bulls since hitting that low. AUD/USD Signals - August 31, 2011 AUD/USD signal based on Ichimoku Kinko analysis - get in the market now! USD/CHF Showing Bullish Long Shadow If the Swissy continues its recent bullish trend, we can expect to encounter major resistance at 0.8650 and 0.9350 above that, should it turn bearish and break the support zone at 0.7850 we will most likely be aiming for a wick-fill and can expect to encounter major support at the previous low of 0.7067. EUR/AUD Remains Bearish Two weeks ago we saw a 450 point bearish long shadow aka an inverted hammer on the EUR/AUD closing just above the support zone at 1.3800. The pair has remained bearish however only closing above its daily opening price 5 times since August 08, 2011. Weekly Forex Forecast - August 29, 2011 Last week, the U.S. Dollar failed at 9,535, bringing forth the possibility (again) that the larger trend remains down towards fresh lows below the 1st August low at 9,326. At Friday's close, price was testing the trendline drawn from the said low and notably, the 20 and 50 SMA’s are still lined up on the bearish side. AUD/USD Trying to Remain Bullish The AUD/USD is trying its best to remain bullish after the open on Monday, but will news out of the USA this week put a stop the the gains? Price has opened above the 62 EMA after producing a 175 pip bullish engulfing candle on Friday, but we have a descending trend-line intersecting with the 61.8% retracement level at about 1.0630 and the pair will also encounter heavy resistance at 1.0690. GBP/USD Signals - August 28, 2011 GBP/USD signals based upon Elliott Wave principles, good for 2-3 days. Start your trading week off right! EUR/GBP Going Higher Yesterday the EUR/GBP pair cleared a major resistance zone at 0.8800 closing the day at 0.8830. We have been bullish on this pair for the past week and it appears to be full steam ahead now that we have crossed and closed on the upside of the 62 moving average at 0.8788. GBP/USD Turns Bearish? The Sterling lost some ground today against the Greenback, which seems to have been strengthened by positive numbers from the Durable Goods Orders report out of the USA for July. With little data coming out of London today the Greenback seized the opportunity and capitalised on it by gaining 120 pips. EUR/USD Signal - August 24, 2011 EUR/USD signal based on an impending head and shoulders chart. Check out this analysis for an upcoming entry into the market. EUR/CAD Signal - August 24, 2011 1-2 day trading signal for EUR/CAD based on Elliott Wave principles. Don't wait long to make this trade! EUR/CHF Forms a Flag The EUR/CHF has been somewhat sideways for the past week after the pair turned bullish on August 11 and was pushed almost 1500 pips upwards. Since then, as with most of the other pairs in Forex, we have seen little movement. Spotlight on EUR/USD Looking at today's chart on the EUR/USD doesn't tell us much other than confirm what I've already said, little market movement. That's okay, lets take a longer view of the same pair and switch to the monthly chart. Now its getting interesting! GBP/USD Signals - August 22, 2011 These GBP/USD signals are based on an Ichimoku (kumo breakout) analysis. The signals are good for a week - check them out to make your trades now. Weekly Forecast August 22-August 29, 2011 The U.S. Dollar closed last week lower by 0.63% as volatility in equity markets persisted with the Dow Jones Industrial average falling more than 4% by Friday. The NASDAQ suffered the steepest decline with a loss of more than 6.6% after a flurry of disappointing economic data highlighted by the multiyear low in the Philadelphia Fed survey which plummeted to -30.7 vs the expected 4.0. NZD/USD Bears Still Hunting Last week marked the third week in a row that the kiwi has fallen, which poses the question "Why and what Now?". In the past week we have seen reports indicating that the inflation rates in the land of the kiwi are expected to rise up to as high as 3% within 2 years (higher than previous projections of 2.64%), the trade surplus narrowed in spite of an expanding GDP ( indicating the NZD economy is moving forward) and better than expected retail sales numbers. USD/CAD - Axe Formation on the Daily Chart The Loonie gained some serious ground today against the Greenback, a result of the volatile action in the USA & Global markets. The Philly Fed Index, which measures regional manufacturing numbers and is considered to be a solid indicator of economic conditions, as well as jobless claims in the USA both reported disappointing numbers. EUR/USD Forecast - August 18, 2011 EUR is one of those currencies which shows cycles, and the arrows mark out 3 different magnitudes of the same cycle repeating over and over again: a downtrend followed by a sudden rise. GBP/USD - Will We See 1.6700 Again Soon? The USD weakened a little more today after the FOMC's Fisher & Plosser expressed different views on the US economy's future. Fisher believes interest rates will need to be adjusted before 2013 while Plosser is optimistic that the US economy will grow 3% before the end of the year. This comes as good news to anyone who is bullish on the pound right now. AUD/USD Bear Gartley Pattern While in absolute terms there is no question whether the Australian economy remains in much better shape than that of the US. Even in relative terms, the US “recovery” is falling apart faster than Australia is decelerating. GBP/USD Signals - August 17, 2011 GBP/USD signals based on Ichimoku (Kumo breakout). This signal is good for 2-3 days, so find out more now! EUR/USD - US Economics Weaker Than Expected The Euro was confined to narrow ranges ahead of the US open on Monday with resistance close to the 1.43 level as investors remained tentative over conditions, but the currency then advanced strongly in the New York Session. AUD/USD Resuming Bullish Run? The Aussie has seen a positively bullish day. A strong session on local equities buoyed sentiment and assisted in underpinning the currency. Weekly Forecast August 8-21, 2011 Following a week of extreme market volatility, the U.S. Dollar Index closed relatively unchanged against its major counterparts, as illustrated by most liquidly-traded currency pair (EURUSD) which remains locked in an astonishingly narrow 3.3% range since mid July. Get the roundup of all major currencies here. NZD/USD Likely to Remain Bullish The NZD/USD pair has been very bullish for quite some time, and it appears that it will continue to be so in to the future. Weekly chart shows a long shadow or hammer , which has found support not surprisingly at .8300. USD/JPY Remains in Weak Downtrend The pair remains in weak downtrend and since the market is now overbought and hourly oscillators are moving on to sell signals, another leg down may take place today. EUR/USD Rollercoasters and Forecasting A chart of EUR/USD recently looked just like my favorite roller coaster, which makes me think a downtrend will be seen for a while. The pair will likely hit 1.4085, so a sell might be in order. EUR/USD - Watch Carefully Today Probably the best to way to enter short is if EUR makes a new intra-day high and there is a divergence between the price and hourly oscillators. Look for this action around the opening of U.S. stock market trading. USD/JPY - Last Week's Rally Retraced The Japanese Yen has rallied in the past three days, coming within 1.1 percent of its record 76.25 against the US Dollar reached in March, following the Standard & Poor’s downgrade of the U.S. credit ratings. GBP/USD Breaks Above 1.6386 As expected GBP rallied to 1.6386 level on Friday. Earlier today it broke above this level and then this level acted as support. EUR/USD Forecasting After yesterday’s news in America, some people expect that a relative calm in the markets will be lived. EUR/USD Trading Signal - August 03, 2011 EUR/USD signal based on Fibonacci levels. Good for 2-3 days. Common Currencies Downtrending On the Short-Term Trend The EUR/USD , GBP/USD and USD/JPY downtrending on the Very Short-Term Trend GBP/JPY Testing 126.60 Support One of the most popular speculative currency pair is the GBP/JPY or “Beast” as it is commonly known in trading circles. The reason is simple – this cross tends to have large price swings and can be very volatile. This translates to potentially good trading opportunities, hence the popularity. EUR/USD Daily Chart and Signal When reading any newspaper, it seems like a rough landscape for the EUR, since Eurozone leaders are focusing on the region's current debt problems while US leaders are struggling to reign in projected future defaults. A first look at the pair looks unpromising, but I think there's a chance for profits if we look at the cycles found in the charts. Is EUR/GBP Ready to Resume Downtrend? The Euro stabilized to some degree in days following the agreement to aid Greece for the second time. It seems that fears about possible dissolution of the common currency are gone, at least for now. AUD/NZD Waiting For a Catalyst Commodity currencies have been among the best performing Forex instruments of past few months, especially the New Zealand Dollar, which continues to get stronger seemingly every day. Not only against the US Dollar, but in relation to its peers as well. Weekly Forex Forecast - July 25, 2011 Technical and fundamental analysis of EUR, USD, AUD and four other major currencies, all in one place. EUR/JPY Facing Stiff Resistance The Euro has been among the most volatile currencies lately. Driven by developments of the sovereign debt crisis in Europe, the common currency has had difficulties maintaining a steady trend, and especially holding on to any gains. GBP/AUD Trading Signal - July 21, 2011 GBP/AUD trading signal, based on Ichimoku, good for one week. Don't wait long to make your move. EUR/USD Signal - July 21, 2011 An Ichimoku-based trading signal for EUR/USD that is good for one week. GBP/USD Signals - July 21, 2011 An Ichimoku trade signal for GBP/USD, with chart and description. This trade will be valid for about a week, so check it out now. GBP/USD Still Contracting Historically, the British Pound and its pair with the US Dollar, the popular “cable”, have been among the most volatile of all currency pairs. Recently, though the GBP/USD does not move as much as it once did. These days, even the EUR/USD has better daily trading ranges. Is Reversal Next in USD/JPY? Following weeks or relative inaction, the USD-JPY finally sprang to life last week. The price found solid resistance at the 100 SMA, around 81.60, and sold off for the next few days, closing below the critical 80.00 level. Weekly Forecast July 18-24, 2011 The U.S. Dollar finished sharply lower on Friday against its key counterparts on government credit rating fears and lackluster interest rate prospects. Markets began pricing in the previously unthinkable - a US Treasury default - on risks that U.S. legislators may not agree to a budget deal as the government will soon run short of cash. Indecision in USD/CHF The Swiss Franc just keeps on getting stronger, prompting the Swiss National Bank to start issuing vaguely disguised threats of intervention. Little surprise, really, since the Franc is at all time extremes against many currencies, including the Pound, the Euro and the Dollar. EUR/USD Trading Sideways EUR has traded sideways for the past day or so, but that sideways trading actually indicates the upside momentum has weakened. GBP/USD on Surprise Uptrend Much to the surprise of many traders, the GBP rallied hard yesterday once it firmly broke above the 1.5945/55 level. Consequently, the hourly chart now shows a strong trend on the upside. GBP/USD on Weak Downtrend GBP recently showed a recovery from its steep losses by finding a support at the 1.5781 level. EUR/USD Again on Downtrend The EUR hit below 1.4070 yesterday and now is downtrending strongly, not only on the hourly chart but on the daily chart too. Weekly Forecast July 11-17, 2011 Technical and fundamental analyses in one place, with charts of the major currencies to give you a glimpse of what to expect in your Forex trading during the week of July 11, 2011. AUD/JPY at New Resistance After the nice run up in March, when the AUD/JPY appreciated from 74.48 to 90.02, this pair has not done much. The Japanese became “lifeless” and the price is largely responding to what happens to the Australian Dollar. GBP on Short Downtrend The British Pound hit below the 1.5990/70 level and we can therefore consider the hourly trend as down at the moment. Double Inverted Head and Shoulders in USD/CAD? The overall behavior of this pair does not offer many clues about what the price might do next. However, when we look at highs and lows we can identify certain patterns. In Spite of Recent Rally, GBP/CHF Still In a Downtrend The British Pound/Swiss Franc has been in one of the longest and most persistent trends of recent years. This pair, together with the EUR/CHF, started a downtrend during the financial panic of 2008 and is still moving lower. NZD/USD Signal, July 5, 2011 NZD/USD is seeing the end of a flat correction - see what our expert trader is doing now. EUR/USD on Weak Uptrend We need to see a move below 1.4440 to confirm that the current leg up from the late June low has ended. The market is now oversold on hourly chart and that makes it questionable as to whether it will break down directly from here. Weekly Forecast July 4-10, 2011 With so many markets closing up last week, it looks like the tides are finally changing - or are they? Take a look at our forecasts for the majors this week to see what you can expect in your Forex trading. EUR/NZD Ready for a Move So far, in 2011 the EUR/NZD pair has not made much progress. It started the year at around 1.7250 and now, six month later is at 1.7500, which not much more than a daily fluctuation. Nevertheless, that does not mean that the price action has been boring – quite the opposite. EUR USD at Important Resistance This has been a very good week for the Euro. The common currency rallied first anticipating a positive austerity vote in Greece and then in response to it. All said, in last four days, the Euro advanced over 400 pips against the USD while also gaining on other currencies. Limited upside potential for the EUR/USD pair With the move above 1.4440, the hourly trend is now considered on the upside. Right now the market is overbought and some kind of a pullback towards 1.4425/20 can be seen later today but as long as the prices hold above 1.4340, the hourly trend remains higher and gains towards 1.4570 are seen. However, the upside potential is likely to be limited to there as the triangle on the daily chart from the May top does not look complete yet. Possible Descending Channel in NZD/USD With the financial world focusing on Greece, it is of no surprise that the European currencies are among the most volatile now. The Euro responds sharply to every news release, while the Swiss Franc keeps making new all time highs against other majors, just as the Australian Dollar used to do only few weeks ago. AUD/CAD Signal, June 28, 2011 If you trade AUD/CAD, this signal is for you. And if you don't, use this free Forex signal as a chance to try out a new currency pair. GBP/CAD Long-Term Direction Still Unclear The British Pound is typically a rather volatile currency. Most of its crosses have large daily ranges and easily identifiable trends. The GBP/CAD is not much different with one possible exception – its very long-term chart shows a tight consolidation. Weekly Forecast June 27-July 3, 2011 Take a look at technical and fundamental analyses of the major currency pairs side by side to get a look at where the market will be going in the days ahead. EUR/JPY Under Pressure Not that long ago the EUR/JPY was in a strong bullish mode. Following the G7 intervention to weaken the Yen, this pair rallied to 123.31, a large appreciation, considering that the preceding low had been at 107.65. Since then, however, things have changed dramatically. USD/CAD Slow Uptrend Continues So far this week, currencies have been behaving in a choppy manner. It seems like every economic news release caused a change in direction, lasting few hours, perhaps half a day, only to reverse again in response to the next announcement. AUD-USD Signals June 23, 2011 Expect a drop in this pair targeting 1.03000 minor waves (iii), (iv) & (v). Set a stop-loss just above wave B at 1.07817. NZD-USD Signals, June 23, 2011 NZD/USD has completed major wave V. It broke the channel on a corrective wave ABC. What's up next? Signals for EUR-GBP June 22, 2011 Check out what one expert trader did for EUR-GBP - maybe the same position will work for you! Is AUD/CAD Building a Top? The commodity currencies have stalled their recent rallies. For the most part, the respective central banks have been hesitant about raising interest rates, something that market participants wanted to see. In addition, the renewed European debt crisis decreased speculative money flow into these currencies. Bearish Bias in NZD/CHF The recent volatility created by events in Europe is not visible in all currencies. While most of the currency pairs experienced price swings a little larger than normal, a few of the crosses have actually become less volatile and contracted sharply. Weekly Forecast June 20-27, 2011 Technical analysis and fundamental analysis of the major Forex currencies can help you trade smarter this week - get the scoop now! What's Next for EUR-USD? The common currency is on the hot seat again. After being quiet for some time, the Greek sovereign debt problem resurfaced as a dominant market mover and the Euro’s price behavior reflects it. Its daily chart indicates lack of commitment by market participants. AUD/NZD Forming Possible Inverted H&S The recent behavior of the AUD/NZD has been showing a lot of activity. Just this year the price rallied from 1.2773 to 1.3789 before falling 1000 pips, back to the 1.2800 area. That latest low was reached just last week, followed by a rebound to 1.3148 on Thursday. EUR/USD Downtrend Continues The Euro's downtrend has accelerated, and it will take a move above 1.4350/60 to negate it. USD/JPY Remains in Consolidation The Japanese Yen has become very quiet recently. This is true in relation to all currencies, but is perhaps most visible against the US Dollar. This pair has not made a meaningful move in weeks and is consolidating. Weekly Forecast June 14-17, 2011 Get technical and fundamental analyses in one place in this weekly currency forecast. AUD/JPY at 84.50 Again The Australian Dollar, one of the strongest currencies this year, has been losing some of its luster. For a few weeks now, the Aussie has been quietly drifting lower. No sharp selloff, more like a wide consolidation, but its crosses are no longer making new highs, in fact they are testing latest lows. EUR/USD Could Face More Down Side In spite of negative news coming from Greece almost daily, the Euro managed to stage a good size rally recently. In relation to the US Dollar, the common currency appreciated about 700 pips, from the low of 1.4000 to the latest high of around 1.4700. Minor Resistance in USD-CHF Maintaining the minor resistance of 0.8425 has allowed USD-CHF to remain on its trajectory towards 100% projection of 0.9339 to 0.8552 from 0.8945 at 0.8158 next. USD/CHF Is Losing Momentum The Swiss Franc has been the strongest currency among the majors in recent weeks, pushing the US Dollar to ever-lower lows. Long gone is the time of parity, or even the 0.9000 level. On Tuesday, the USD/CHF made yet another all time low at 0.8325. GBP-JPY and Ichimoku All of the Japanese Yen pairs have followed very similar path – they advanced sharply after the joint G7 intervention in March, and dropped since. Weekly Forecast June 6, 2011 Our experts focus on EUR, USD, GBP and other majors to help you trade more profitably this week. Weekly Snapshot June 6-10th, 2011 Check how our analysts are approaching this week of Forex trading, and plan your trades accordingly, with this weekly snapshot of the major currencies. EUR-CHF Downside May Be Limited The Swiss Franc continues to be a currency of choice. Opinions vary whether it is treated as a safe haven or a long-term investment, but it getting stronger. Just on Wednesday, the CHF reached new all time extremes against number of major currencies. EUR-USD Meeting Possible Resistance EUR-USD is rising after touching channel support at the 1.43 lows. It has been trending up quite strongly but has now reached resistance at 1.4430 from a combination of the monthly pivot and the point and figure count on the 0.0005x3 chart. Is NZD-USD Overextended? The New Zealand dollar has been surprisingly strong recently. After lagging behind the other commodity currencies, the NZD surged forward during the past two weeks, appreciating broadly. In case of the NZD/USD, this rally reached 0.8262, which is a new all time high for this pair. EUR-JPY Could Be Turning Bullish All of the Euro pairs have been on a rollercoaster ride of late. The on again, off again sovereign debt fears in Europe have been playing havoc with the common currency. In case of the EUR-JPY, since early March the price rallied from 106.60 to 123.30, only to collapse about 1000 pips and set a low 113.39. USD-CAD in a Short-Term Consolidation During the last few weeks, the Canadian Dollar started to lose some of its luster. After posting steady gains in relation to the US Dollar, the CAD became significantly weaker, shedding almost 400 pips – the USD-CAD rallied from 0.9440 to 0.9817. Possible Bottom Forming In EUR-CAD Recently, the EUR-CAD pair has been one of the better examples of the uncertainty in the markets. Important fundamentals have been shifting dramatically in a relatively short time span, causing sharp turns in prices. That is true for most currencies. EUR-USD Still Bearish The Euro has rallied strongly for the past day or so, but that does not make the hourly chart bullish yet. USD-JPY Climbing Slowly The USD-JPY rallied in March from the all time low of 76.12 to 85.82. Within the most recent price history, this is the dominant swing, one defining critical support/resistance levels. Those must be broken before new trend gets under way. AUD-JPY Waiting For a Catalyst The Australian Dollar has become one of the most popular currencies to trade. Its volume increased dramatically during the past couple of years, making it as liquid as the so-called "major." USD-CHF Downtrend Still Holding The Swiss Franc remains one of the safe havens among currencies. It just keeps getting stronger, especially against the US Dollar. The long term down trend continues and the price has set a new all time low at 0.8551 about 2 weeks ago. EUR-JPY at Important Level Like most of the Japanese Yen pairs, the EUR-JPY is not very clear about what to expect next. Following the intervention in the Yen couple of months ago, the price rallied strongly to over 123.00. AUD-NZD Forming a Triangle After reaching a twenty-year high at 1.3789, the Australian Dollar-New Zealand Dollar pair has settled into a consolidation period. USD-JPY in Weak Uptrend? The hourly trading chart for this pair continues to be quite choppy. NZD-JPY About to Test Latest Support The past few weeks have been unkind to the commodity currencies – all of them lost ground following sell offs in metals and energy sectors. These currencies rebounded few days ago but are drifting down again and not just in relation to the US Dollar. They are getting weaker broadly. GBP-USD Showing Weakness The British Pound has advanced strongly against the US Dollar. From a low of 1.5344 at the start of 2011, the GBP-USD rallied to as high as 1.6745 about two weeks ago. Since then, however, the price has been drifting down. Is AUD-USD Starting a Major Correction? In case of its relation to the US Dollar, the AUD has been in the all time high territory, climbing to as high as 1.1011 in early May. That level proved to be a strong resistance. GBP-CHF Trying to Reverse…Again Just last week the GBP-CHF touched 1.4108, another all time low. This pair has been in bear market for, well, years now, with the current main price swing starting in 2007, from the high of almost 2.5000. EUR-USD Under the Trendline The EUR-USD has been in a strong uptrend since the beginning of the year, advancing from 1.2872 to 1.4939. CHF-JPY Building Trading Range One of the more underappreciated currency pairs is the CHF-JPY. Under most circumstances, it does not move as much as many others, since both the Swiss Franc and the Japanese Yen often serve the function of “safe havens” and tend to move in unison. GBP-NZD Finding Short Term Support Last week’s sell off in commodities had a similar effect on some of the currencies. In particular, the Australian, Canadian and New Zealand Dollars lost ground. The biggest beneficiary was the US Dollar, for once, but a few other currencies also registered smaller gains. Potential Reversal Pattern Forming In NZD-USD Financial markets have reversed directions this week. Not just currencies, but stocks and commodities as well. The volatility increased, dramatically in many cases. The question is, are these moves just corrections, or reversals? USD-CAD Attempting a Short Term Correction The USD-CAD currency pair has been in a prolonged down trend. Since late last year, the price the price has been under the parity, an important psychological level, without much of a correction. AUD-CHF Turning Bearish A few currencies have been clearly standing out during the past few weeks. The Australian Dollar and the Swiss Franc are the strongest among the major currencies. EUR-GBP Uptrend Losing Momentum While not grabbing any headlines, the EUR-GBP pair has been in a nice uptrend. Since the beginning of 2011, the price advanced from 0.8282 to 0.8936. Where Will USD-JPY Find Support? In mid March, the USD-JPY fell to a lowest level ever at 76.12. After that, we had a joint intervention by central banks of the G7 group, which pushed this pair to 85.52. GBP-JPY Is Trying to Resume Uptrend After spending couple of years in a downtrend, the British Pound had finally rallied against the Japanese Yen following the joint G7 intervention in that currency. AUD-USD Aiming For 1.1000 The bull market in the Australian Dollar seems to be without end. Massive rallies in most of its pairs, some making all time highs (yet again), with the AUD-USD getting the most attention. GBP-CHF Just Shy of New Low The GBP-CHF pair is once again testing the all time low. About three weeks ago, it seemed that this cross might be on the verge of reversing the long-term downtrend, but the price collapsed again, falling to 1.4301. EUR-USD in Weak Uptrend EUR fell sharply in early Japanese trading today, but the decline was short-lived and the single currency is back at the 1.4570 level. EUR/USD trend after the holiday The Euro has entered into a small consolidation since its last week's top, but as long as the prices hold above the 1.4515 level, the hourly chart remains bullish and further gains are expected later today and tomorrow. USD-JPY Showing Weak Uptrend A weak uptrend in this currency pair is visible, largely because the prices have pulled back further for the past week and are now close to the 100-day moving average. USD-JPY on a Short Downtrend Yesterday morning it looked like the market was ready to turn higher, but that did not happen. EUR-CHF Could Turn Bullish The Euro and the Swiss Franc pair has been very indecisive lately. It seems that every 2-3 weeks it changes direction, without establishing a lasting trend. AUD-NZD and Fibonacci The Australian Dollar had been in a long-term uptrend in relation to the New Zealand Dollar for some time now. This current leg of the bull market started in 2008 and recently, in early March, the price climbed to 1.3780, which is the highest level in almost 20 years. Longer Term Triangle in GBP-CAD This year, so far, has been relatively volatile in Forex trading.However, a few pairs have done very little in terms price progress and the GBP-CAD is one of them. EUR-USD Uptrend Remains Strong The Euro has been advancing against the US Dollar since the start of the year. During this time, the EUR-USD pair rallied from 1.2876 to the recent high of 1.4520. USD-CHF Is Testing the Record Low The Swiss Franc continues its historic rally, especially against the US Dollar. AUD-JPY Forming A Trading Range The Australian Dollar has been one of the biggest beneficiaries of the intervention in the Japanese Yen by central banks in mid March. It has rallied about 1500 pips in relation to the JPY since, a very strong appreciation in such a short time. EUR-CAD Consolidation Could End Soon In spite of bad news regarding sovereign debt of some of the member states of the European Union, the common currency has been getting stronger. Possible Rounded Top in NZD-CHF The New Zealand Dollar has been very popular lately. Since the joint G7 central banks' intervention in the Japanese Yen, all of the commodity currencies, including the NZD, registered significant gains. GBP-JPY Forming Another Flag The intervention in the Japanese Yen last month was targeting the USD-JPY exchange rate, which was at an all time low. While other Yen crosses were not at extreme levels, they also benefited from that action, in most cases eve more than the US Dollar. EUR-GBP Breaking Recent Downtrend The EUR/GBP pair finds itself currently just over a bearish trend line that started in late 2008. EUR-CHF Poised to Go Higher The Japanese Yen has not been the only currency getting significantly weaker since the G7 central banks intervention few weeks ago. Another "safe haven" currency, the Swiss Franc has also been on defensive during the same time, falling broadly. GBP-NZD Testing Important Support Together with the Australian Dollar, the Kiwi staged impressive rallies in most of its crosses, which in some instances exceeded a 1000 pips mark. What Is Next For USD-JPY? Two weeks ago, the US Dollar dropped to an all time low against the Japanese Yen, reaching 76.12. It did not stay there for long, rebounding immediately. NZD-USD Rally May Have Run Its Course The New Zealand Dollar staged a very impressive rally lately. It advanced broadly, gaining on most currencies, including the US Dollar. Conflicting Signs in USD-CAD The Canadian Dollar has been getting stronger against the US Dollar. However, the recent price action has been much smoother than in other pairs, particularly when we look at the daily chart. Is EUR-AUD Ready to Resume Uptrend? There have been some serious gyrations in some currencies lately, and the EUR-AUD pair has not been immune. GBP-CHF and Intermediate Term Trendline The CHF had a strong surge recently. What should this mean for your Forex trading strategy? Old Support in CAD-CHF Could Become New Resistance The Canadian Dollar – Swiss Franc currency pair broke out of the prolonged trading range it had occupied for a long time. AUD-NZD Showing a Flag In the aftermath of the earthquake, which hit New Zealand few weeks ago, that nation's currency fell into a disfavor. USD-JPY and Candlesticks Last week turned out to be extremely volatile for the Japanese Yen, and the Yen became much stronger pushing and made anew all time high versus the Dollar. EUR-CHF and a Possible Double Bottom The Swiss Franc has been moving in tandem with the Japanese Yen lately, which means that it mimicked its volatility last week. EUR-NZD Might Correct Soon After what had seemed like an eternal bear market, the EUR-NZD appears to have found a bottom late last year. USD-CHF under 0.9000 Level The US Dollar-Swiss Franc has reached yet another milestone in its downtrend, which seems like it's never-ending. Australian Dollar under Pressure Since the JPY has been a funding source for a carry trade, some currencies suffered as the Yen gained. Gold Is In Consolidation Mode Gold seems trying to get another bullish momentum as the strong support at 1412.35 held EUR-USD Still in an Uptrend In spite of the ever-deepening sovereign debt crisis in Europe, the common currency has been strengthening in recent weeks. AUD-CAD Approaches Critical Support The Australian Dollar has been in the news a lot lately. It is still very strong against most currencies, even though it pulled back from the highs. Bank of England May Decide Direction of GBP-JPY The ever-popular "beast", the GBP-JPY, has staged a very impressive rally so far this year. It advanced from 125.40 to the recent high of 135.50. NZD-CHF Confirmed Reversal Pattern Recently, the New Zealand Dollar-Swiss Franc cross has, very quietly, sprang back to life. Following the epic sell off in 2008, it rebounded sharply the next year. EUR-JPY Needs to Confirm the Breakout Like most others Japanese Yen pairs, the EUR-JPY has been somewhat of a sleeper lately. That is, of course, when compared to previous volatility in this instrument. Since the summer of last year, the price has been moving sideways, with most of the movement linked to activity in the Euro, rather than the Yen. Is USD-JPY Ready to Head Higher? One of the least active currency pairs of the recent months has been the USD-JPY. GBP-AUD Is the V-Shape Bottom for Real? One of the strongest and the longest lasting trends in currencies during the past few years was has been in the British Pound-Australian Dollar. NZD-USD Might be Finding Support The New Zealand Dollar has been under a serious pressure lately. First, the devastating earthquake in Christchurch dimmed the country economic prospects, which was immediately reflected in its currency. GBP-USD Fails the 1.6300 Test On Tuesday, the GBP-USD tested the resistance of 1.6300, set by a prior important high. One could say, the cable failed this test – it poked above the resistance, but retraced quickly and closed the day at 1.6265. USD-CAD at a Critical Support The Canadian Dollar picked up momentum recently, by some accounts, in response to the rising crude oil prices. But that's not the whole story. Indecisive AUD-CAD With the recent events in the Middle East and the North Africa, came renewed attention to the commodity currencies. Find out what this means for Forex traders. Is the AUD-NZD Overbought? In the aftermath of the earthquake in New Zealand, the country’s currency became significantly weaker in relation to others. What does this mean for Forex traders? CHF-JPY Gaining Momentum During the preceding few months, the CHF-JPY has been one of the least volatile currency pairs. Both the Japanese Yen and the Swiss Franc have been moving in roughly the same direction, meaning the cross rate between them did not change much. GBP-CHF Rally in Question After a seemingly endless bull market, the British Pound – Swiss Franc pair have staged a rally this year. Has the EUR-NZD finally reversed? One of the longest, and the strongest, trends present in the currency markets during the last few years took place in the Euro-New Zealand Dollar pair. Signs of Weakness in CAD-JPY The Canadian Dollar has been one the most dominant currencies during the last few weeks. While there were no massive rallies in its pairs, in most cases the CAD appreciated in a steady manner, as much as a few hundred pips. Possible Reversed Head and Shoulders in EUR-GBP The larger picture of the Euro-British Pound is not clear at all, with every major price swing getting smaller. Large Pennant in AUD-USD The Australian Dollar has slowed down its torrid advance recently. After making an all time high at 1.02555, it fell to 0.9800 in early January. Short Term Bounce or Reversal in EUR-CAD? The last few weeks have brought some strong moves in the Euro – Canadian Dollar pair. In January, the Euro surged and pushed this pair to 1.3775, while so far in February, responding to renewed strength in the Loonie, the price dropped over 500 pips, to 1.3212. USD-CHF Reversal Still Not Confirmed After sinking to an all time low of 0.9299 at the end of December, the USD-CHF has been trying very hard to reverse. The market rallied to about 0.9785, pulled back and made another attempt, which stalled at 0.9775 late last week. AUD-NZD at a Strong Resistance Not that long ago, in late December 2010, the Australian Dollar – New Zealand Dollar was in a strong bullish trend. GBP-NZD on a Verge of Breakout The long-suffering British Pound might be turning the tide. Following prolonged downtrends, it made multiple all time lows in relation to many other currencies. Is GBP-USD Due for a Correction? The British Pound has had a very nice rally, which started around the Christmas time last year. Downtrend Still Prevails in USD-CAD The Canadian Dollar remains strong, especially in relation to the US Dollar. EUR-USD Rally Could be Stalling The Euro surprised many analysts and traders in early 2011. In the midst of the sovereign debt crisis gripping the European Union, the common currency managed to stage a strong and broad rally. CAD-CHF is Waiting for a Catalyst During the last year, we witnessed some currencies posting strong gains in relation to the US Dollar. Long Term Chart of EUR-JPY Just like most other Yen crosses, the EUR-JPY has not moved much in recent weeks. That is subjective, of course, but when compared to the past couple of years, the current behavior of this pair is not impressive by any matrix. USD-JPY is Still Tightening The Japanese Yen has become a poster child for an "indecisive market". With the Bank of Japan trying to convince the world that the JPY is too strong and should weaken, while market participants are seeking perceived "safety" of the Yen. GBP-CHF is Testing 1.4900 In recent weeks, the British pound had been enjoying a revival. It rallied against many currencies, including the Swiss Franc, where it rebounded from its all time low. CAD-JPY Finds Massive Support We keep hearing about the Canadian Dollar getting stronger, with the Bank of Canada constantly claiming that poses a threat to the domestic economy. The more accurate description is that the CAD is strong, but has not really made much progress recently. NZD-USD Moves in a Channel The New Zealand Dollar has been in limbo for a while. It has not been moving steadily in any particular direction, at least not against the US Dollar. Another Flag in EUR-AUD? Just when it seemed that we would never see day of the Euro rebounding against the Australian Dollar, the common currency staged an impressive rally. NZD-JPY and Possible Head and Shoulders So far this year, the New Zealand Dollar-Japanese Yen pair has not presented many trading opportunities. The first two weeks of January brought a slow, choppy uptrend, at least as seen on the intermediate term chart. GBP-CHF Rally Has Stalled After reaching the all time low of 1.4398, the GBP-CHF has rallied strongly. Double Top in AUD-CAD The so called “commodity currencies”, the Australian Dollar, the New Zealand Dollar and the Canadian Dollar often move in unison. However, periodically strong trends among them also develop. Such was the case in 2010 when the AUD-CAD cross rallied from 0.8570 to 1.0205. USD-CHF Could Resume Uptrend Soon The Swiss Franc is increasingly getting the media’s attention. Even though it weakened in relation to most other currencies, it is still very close to historical extremes. This in turn, has brought on threatening rhetoric from the Swiss National Bank. Once again, the central bank is voicing its displeasure with the strong CHF, which implies possible intervention. EUR-GBP is Still in Consolidation In spite of good size price swings over the last couple of weeks, the EUR-GBP is still not showing a discernable trend on a long-term chart. This pair is in a process of building a huge symmetrical triangle, under development for over two years now. AUD-NZD Could Turn Bullish Again The currencies of Australia and New Zealand have had a very interesting relationship lately. In the later part of 2010, the AUD-NZD rallied almost 900 pips, only to be followed by an over 600 pips sell off. These are large moves for this pair, especially considering that they happened during an only three months time span. AUD-JPY Keeps Drifting Lower The Australian Dollar appears to be no longer the dominant currency from just couple of weeks ago. It has retreated from the all time high against the US Dollar and slipped in relation to most other active currencies. The AUD-JPY pair is no exception. A long-term chart of GBP-USD The ever-popular “cable” as the GBP-USD, is typically one of the more volatile currency pairs available for trading. With its strong moves and sudden turns, it provides plenty of trading opportunities, on both short and long-term time frames. EUR-GBP Setting up the Next Move Last week the Euro-British Pound pair sold off dramatically. It fell about 365 pips, which is extreme, especially in the light of the most recent market activity. In fact, the plunge from 0.8646 to as low as 0.8281 created the largest weekly trading range in many months. Candlesticks and the EUR-CHF A combination of a very strong Swiss Franc and an extremely weak Euro made for a very powerful trend in the EUR-CHF currency pair. It has been moving down for months, making new all time lows along the way – seemingly one after another. The latest all time price extreme was 1.2399, established just two weeks ago. Double Top in AUD-USD not Confirmed Yet The Australian Dollar had a strong run in the last days of 2010. While the rally was broad and against many currencies, the AUD-USD received the most attention. And for a good reason – this pair made another all time high, reaching 1.0255. USD-CAD under Parity Again The Canadian Dollar was getting stronger for the better part of 2010. In the later part of the year, the USD-CAD found a firm support at the parity level. This level held for a few months, but was eventually broken on 12.31. and the price fell to 0.9887. EUR-AUD Remains in a Downtrend When the Australian Dollar was reaching the all time high against the US Dollar, it was also getting much stronger in relation to other currencies. Some of them moved to all time extremes, too. The EUR-AUD cross made the new record low several times, eventually falling to 1.2925 in late December. GBP-USD Locked in a Trading Range During the last several days, the GBP-USD showed an increased intraday volatility. The popular “cable” had daily ranges averaging 200 pips, with the largest one of almost 300 pips, which took place on the last trading day of 2010. Is USD-JPY oversold short-term? The USD-JPY surprised many trades during the second part of December. Just at seemed that the price would challenge the post intervention high of 85.60, this pair changed direction. It sold off, falling from 84.50 to 80.90 in a span of about 2 weeks. Will EUR-USD find direction in 2011? Currencies are known as some of the best trending financial instruments. This means, that major trends, once established, have tendencies to last for a long time. Unfortunately, this characteristic of Forex was not visible in the second half of 2010. Most of the currency pairs showed indecision, especially on longer-term charts. EUR/USD pulling back EURUSD was very strong yesterday but so far it remains in the broad 1.3070 - 1.3270 range. And since it is near the upper limit of this range, the odds favor a pullback from here. USD/JPY: "Hold it short" The prices declined to as low as 81.81 but then bounced back slightly. However, this bounce was nothing else than an oversold bounce and it didn't change the hourly trend: it remains strong downtrend. EUR/USD: "Stand aside" is the best strategy EURUSD has risen above 1.3200 level and thus it appears now that a base has been built below that level. And that shifts the hourly trend on the upside. The larger degree picture though is still not very clear and actually as long as the 1.3280 resistance holds, the daily chart is more negative than neutral. GBP/USD Outlook - Technichal Analysis The market rallied on Friday slightly to 1.5475 and then pulled back again. This morning however it is once again trading near the important 1.5450 level. Thus, the hourly downtrend remains weak and actually it has weakened furthern compared with our last update. Volatility in NZD-JPY Could Increase Soon The NZD-JPY has been relatively quiet recently. It is moving in rather narrow ranges, as compared to past few years and lacks direction. Long-term charts show a tepid market, undecided about the next major move. This could change soon. EUR-AUD Downtrend Shows Properties of a Parabolic Price Run The EUR-AUD has been in a downtrend since the financial crisis erupted in 2008. After reaching the all time high, this pair has been in a steady downtrend, perhaps better described as a free fall. The price seems to be making new lows constantly and reached yet another one on Tuesday at 1.3107. Possible Double Bottom in GBP-NZD The British Pound has been in a prolonged bear market against the commodity currencies. It has made numerous all time lows in relation to the AUD, NZD and CAD AUD-JPY Could Test 82.15 in Near Term The Australian Dollar has been slipping against the USD recently. Perhaps not as much as other currencies, but the selloff has been noticeable and steady. It is possible that some of the AUD crosses will experience corrections as well, at least in the short term. USD-CAD Still Stuck Near Parity One of the currency pairs, which do not get many headlines these days, is the USD-CAD. For a good reason – it is not moving much. Possible MACD Divergence in EUR-CHF In the wake of the sovereign debt crises in Europe, the common currency has been under serious pressure lately. This is especially true in relation to the US Dollar and, even more so, against the Swiss Franc. In fact, the EUR-CHF made a new all time low on Wednesday, at 1.2757. Long Term Price Action of NZD-CHF Trading in December is often more challenging than during other times. With major holidays approaching, many market players take time away from the markets, while others limit the size of their transactions. Uptrend in GBP-USD is in Question The GBP-USD has been in an uptrend for a long time now. Since May, this pair rallied from 1.4300 to 1.6300. However, most of the gains were made in the early stages of this run. The later stages brought predominantly sideways move, with the exception of a brief period when the GBP-USD spiked up to 1.6300. Which Way Now for USD-JPY? The Japanese Yen relation with the US Dollar has been the focus of currency markets for the last few months. The seemingly ever-stronger Yen prompted an intervention by the Bank of Japan. However, after the initial run up, the USD-JPY fell again, almost touching the all time low. AUD- NZD Testing Yearly Highs The Australian Dollar – New Zealand Dollar pair has been through a roller coaster ride this year. It had three major price swings over 1000 pips in magnitude. The bullish moves were capped at 1.3230 and currently the AUD-NZD is approaching this level again. EUR-CAD is Trying to Turn Bullish After a prolonged down move, the last couple of days brought a possibility of a trend change for the EUR-CAD. EUR-NZD Awaiting RBNZ Rate Decision Recent developments in Europe took its toll on the common currency. The Euro fell sharply in relation to most other major currencies, including the New Zealand Dollar. In less than a month, the EUR-NZD declined from 1.8700 to 1.7400. CAD-JPY Remains Trendless The CAD-JPY spent better part of the year moving down. After reaching a high of 98.47, this pair dropped all the way to 78.41 in August. That was a good size swing down. Under most circumstances, a respectively large correction could be expected, but, to date, we are yet to witness one. Will AUD-USD Complete the Head and Shoulders Pattern? After making the all time high at 1.0182, the AUD-USD dropped sharply, reaching as low as 0.9535 last week. This good size sell off was followed by a few days of advance, with the price closing on Friday at 0.9927. EUR-USD Could Test the Trendline Last couple of days brought a little reprieve for the Euro. After falling from 1.4281 to 1.2970, the EUR-USD pair bounced to a high of 1.3246 on Wednesday. However, this rally could be short lived. CAD-CHF Reversal Needs a Confirmation One of the currency crosses that do not get much attention from mainstream analysts is the Canadian Dollar- Swiss Franc. This pair is often overlooked in favor of US Dollar pairs with these currencies. However, the CAD-CHF moves enough to be a viable trading instrument and is worth following. NZD-USD at Crossroads Propelled by the sovereign credit crisis in Europe, the US Dollar made strong gains during the last couple of weeks. The EUR-USD pair gets most of the attention, because the Euro is the currency in the countries under duress, but other USD pairs have not fared much better. CHF-JPY in a Triangle With the recent rising tensions in Korea, as well as renewed sovereign debt fears in Europe, the US Dollar became a “safe heaven” and appreciated strongly. AUD-JPY Testing Important Support After getting ever stronger for a long time, the Australian Dollar is showing signs of cracking. Initially it seemed to be a case only in the AUD-USD pair, but by now, the charts of other AUD crosses are also suggesting lower levels ahead. Thanksgiving Trading Lull The EUR/USD hit a two month low yesterday in very light trading in anticipation of the Thanksgiving Day holiday. The reason for the drop was a combination of light trading and concern over the economic situation in Ireland. NZD-USD Uptrend not Broken, Yet The New Zealand Dollar has been one of the strongest currencies this year. While the NZD did not make new all time highs against the US Dollar, like the AUD, it reached the highest level in 30 months at 0.7975. EUR-USD in Consolidation The EUR-USD had been in a steady uptrend since early until the news of Ireland banking crisis took center stage. Bullish Signs in USD-JPY After falling to 80.23, just shy of the all time low of 79.75, the USD-JPY rebounded to some degree. Turned out that another intervention by the Bank of Japan was not needed, market forces pushed this pair up the recent level of 83.77. Probable Top in AUD-CAD Recently the Australian Dollar made the all time high in relation to the US Dollar. However, the appreciation in the AUD was much broader, in most of its other crosses. Even another commodity currency, the Canadian Dollar, lost a lot of ground. Parity Turns into Resistance for USD-CHF Following a prolonged down trend, about a month the USD-CHF made the all time low of 0.9462. Since then there were two rallies in this pair and both of them stalled at the same level – the parity. Is EUR-GBP Ready for a Bounce? The Euro- British Pound has been going through a correction recently in relation to the primary price swing on the daily chart. NZD-JPY Forming a Possible Flag The New Zealand Dollar has been of the strongest currencies in recent weeks. Chances for GBP-CHF Reversal are Increasing The British Pound has been showing signs of strength lately. It appreciated measurably against some currencies, like the Euro, and held ground in relation to the Dollar, while the USD has been gaining on most others. Bearish Divergence in AUD-USD Bearish divergence in AUD-USD. After making the all time high at1.0165, the AUD-USD is starting to show signs of weakness. EUR-CAD Uptrend is Tested The last couple of weeks brought a selloff in the EUR-CAD. Nothing surprising. After all, this pair has been in an uptrend for a few months and has registered strong gains EUR/USD Testing Support Levels In this Forex market, it looks like the dollar strengthening has finally put an end to the bull move in the EUR/USD, however it may not be time to get particularly bearish yet EUR-CHF Under the Trendline Since early September, the EUR-CHF had been in a substantial rally. It took this pair from the all time low of 1.2765 to a high 1.3835, which gave an appearance of a major reversal. However, the price failed to reach the key resistance of 1.3925. USD-JPY Still Lacks Direction In spite of the all the coverage surrounding the Japanese Yen, the USD-JPY has become one of the least attractive currency pairs to trade. I USD-CAD Approaching Critical Support Level Unlike many other currency pairs, the USD-CAD has spent most of this year in a relatively tight trading range. EUR-JPY and Possible Inverted Head and Shoulders While the Bank of Japan threatens another intervention, the Yen keeps getting stronger. Not against all currencies, though. GBP-USD Uptrend Solidifies Recently, there have been some questions about the uptrend in the GBP-USD. AUD-NZD Trying to Move Lower The Australian Dollar appreciated substantially on Tuesday, after the Reserve Bank of Australia raised interest rates to 4.75% Cable Holding Again The major resistance at the 1.6050 area has again held very well keeping cable into the larger range and not allowing a potential new high. NZD-CHF Might Be Overextended While many currency pairs have been trading in ranges or even erratically lately, the NZD-CHF staged a convincing rally from 0.7187 to 0.7645. GBP-CAD Consolidating before the Next Move One of the currency pairs that experienced a lower volatility recently is the GBP-CAD. USD-CHF Reversal Not Confirmed Yet The Swiss Franc, like many other currencies, has appreciated substantially against the US Dollar in recent months. What is Next for AUD-USD? After reaching the parity with the USD, the Australian Dollar retreated to 0.9670. Another attempt at the all time high failed, when the move stalled at 0.9973. GBP-CHF Testing 1.5650 Resistance Earlier this month, the GBP-CHF pair set a new all time low at 1.5091. Beginning The End Of The Bull for EUR/USD From the looks at the hourly chart for today it still looks like there will be support in the EUR/USD pair at around the 1.3857 area. There is already a double bottom there and if it can continue to hold, the bull move might not be over. Warning Signs in NZD-USD Like many other currencies, the New Zealand Dollar has appreciated strongly against the US Dollar in 2010. It rallied from 0.6560 in May to 0.7640 in recent days. EUR-CHF Keeps Inching up At the beginning of September, the EUR-CHF made an all time low of one 1.2765. Since then, it had been in a steady, if slow at times, uptrend, reaching as high as 1.3532 on Thursday. USD-CAD, Reversal or Correction? Earlier this week, the US Dollar mounted a broad rally against all other currencies. It lasted coupled of days and gained few hundred pips in most cases GBP-AUD Forms a Trading Range In recent days, the GBP-AUD slowed its decent to some degree. This pair has made an all time low at 1.5960, fueled by the seemingly unstoppable strength in the Australian dollar and lack of good news for the Pound. However, that trend could be changing. Is EUR-USD Forming a Top? Is EUR-USD forming a top? It has been a very nice rally for the EUR-USD. Since August, this pair has progressed from 1.2670 to just under 1.4100 last week or over 1400 pips in less than two months. CAD-JPY Could re-test 78.40 CAD-JPY could re-test 78.40. A lot has been made recently about the Canadian Dollar reaching parity with the US Dollar. Upon closer inspection, however, that has more a result of a weakness in the USD than a genuine strength in the CAD. GBP-CHF Marks New Low While everybody is focused on new all time lows made by the US Dollar against other currencies, the GBP-CHF has also reached a new price extreme. It has been slipping in a steady, not very dramatic, downtrend all the way to 1.5090. AUD-USD Almost at Parity Currencies are in very strong trends, with the US Dollar falling sharply. It has broken through the parity level with the Swiss Franc and now seems destined to repeat it against “the other dollars”. Uptrend Still Prevails for EUR-CAD The Euro has been one of the best performing currencies recently. While the EUR-USD pair gets most attention, the common currency has appreciated substantially on broad bases. GBP-USD in a Short Term Triangle Start of the week turned out to be rather directionless for most currencies. If anything, the moves went in opposite direction to the main trends, but nothing big, something that can be qualified as a “noise”. Is EUR-GBP at a Turning Point? During the last few weeks, the EUR-GBP pair made substantial gains, appreciating from 0.8067 to 0.8804. It is a big move and it seems that a bull market is in force. DailyForex Free Forex Signal For Immediate Use As a leading Forex portal, DailyForex often receives free Forex signals from our readers. Many traders speak of their Forex success but only few tend to share their tips, advice, and pointers with the rest. Possible Reversal for USD-CAD Possible reversal for USD-CAD. The Canadian Dollar had another big day on Wednesday, especially in relation to the US Dollar. NZD-USD Still Heading Higher On Tuesday, the NZD-USD came within few pips to 0.7500, which is a very important psychological level here. Not only because of a round number, but it also happens to be the highest level in 2010, a new yearly high. EUR-CHF Uptrend Tested The EUR-CHF pair spent most of September pulling away from the all time low 1.2765 established earlier that month. This move turned out to be a good size rally, reaching 1.3465, forming a clear uptrend on the intermediate term time frame. GBP-USD uptrend Slows Down The US Dollar has been under pressure against most other currencies. It lost a lot of ground to the Euro and the Australian Dollar. By comparison, the British Pound has been less robust recently, which is clearly reflected on the daily chart of the USD-GBP. How High Can EUR-USD Go? The EUR-USD has surprised many with its strong uptrend. After reaching a low of 1.1875, in early June, it advanced to 1.3680 recently and the trend looks intact. Now the question is – how much higher can it get? Will AUD/JPY Break 81.50 Resistance? In line with the general strength in the Australian Dollar, the AUD/JPY pair appreciated about 800 pips since the mid-August. Recently, however, this advance stalled and the price settled in sideways pattern, with a ceiling at 81.50. USD/CHF Nears The All Time Low On Tuesday, the USD/CHF continued its sell off, reaching as low as 0.9735. Interestingly, that was reported in numerous media outlets as the all time low. Not far from the truth, but this happens to be an error. The all time low in this pair is 0.9635, established March 2008. Tight Range Day In GBP/USD Monday turned out to be a very quiet day for currencies. At least by comparison, to the last couple of weeks. One of the best examples of just how lifeless markets became is the GBP/USD. EUR/CAD Showing a Flag The Euro has staged a good size rally recently. Not a narrow one, limited to just one pair, but rather across the board, showing against most of the major currencies. This includes the EUR/CAD cross, which advanced about 800 pips during the last two weeks. GBP/CHF And a Possible Double Bottom There is a possibility of a double bottom chart pattern in GBP/CHF. A confirmation is needed, preferably a strong bullish candlestick formation. On the other hand, a decisive close under the 1.5375 previous low, would make the double bottom invalid. Technical Analysis on Cable GBP/USD (Cable) is still keeping up once again its range, today it has already tried the 1.5705 top 3 times and it seems that this resistance is holding well the pair within the range. USD/JPY At Intermediate Term Support The Japanese Yen has been grabbing the headlines lately. Main reason – the long threatened intervention by the Bank of Japan. It targeted the 15-year low in USD/JPY, which, at that time, was at 83.00. This action managed to push the rate to 85.90 in a short order. AUD/USD Still Advancing On this weekly chart of the AUD/USD, we can see that the price remains well above the major up trendline, as well as the newer, steeper trendline, which is drawn through the low from June. New Uptrend for EUR/JPY? In response to the Bank of Japan intervention in the Yen last week, all of the JPY pairs moved up sharply. Cup With a Handle In GBP/AUD The GBP/AUD is still dominated by a downtrend. On the intermediate term chart, the most visible feature is the sharp selloff in August and September, which pushed this pair from 1.7560 down to 1.6440. However, this may be ending soon. NZD/USD In a Correction The New Zealand Dollar has been in an uptrend for the last few months in relation to the US Dollar. Since May, it has appreciated from 0.6560 to 0.7390. It had reached this level twice, most recently earlier this week and is now pulling back. EUR/CAD In a Trading Channel EUR/CAD pair started to build a trading channel that by now is very well defined. This channel is drifting down, and about to meet the main up trendline, with a starting point at the 1.2450 low. EUR/GBP Shows Strong Upward Momentum Much to a surprise of many traders, the Euro has been very strong recently. It rallied against many other currencies, in many cases reaching important resistance levels, where next price swings will be decided. The EUR/GBP pair is at just such juncture. GBP-USD Still Lacks a Trend Financial markets, including the currencies are having hard time finding direction. USD-CHF and a Short Term Rounded Bottom Recently, the Swiss Franc has benefited greatly from its perceived status of a “safe haven”. This currency has been very strong, reaching an all time high against the Euro and marking major gains in relation to other currencies. Is USD/JPY Rebound For Real? The major down trend in USD/JPY continues. Earlier in the week, this pair made another 15 year low at 83.34 and large-scale charts show no signs of a trend reversal yet. However, on smaller time frames the Dollar appears to be regaining some strength. Is it for real? Cable- How Long Is This Ranging Going To Last? Although cable seems to want to push back up again and continue the uptrend of July, having a look at the markets there seems to be not enough steam to move the pair forward. Positive news is helping some weak rebound but to soon again find resistance and fall back off, sometimes even at a lower low. CAD/CHF Forming Possible Head and Shoulders On Wednesday, the Bank of Canada boosted its interest rates to 1 percent from 0.75 percent, making it a third increase in a span of four month. In response, the Canadian Dollar rallied strongly against other currencies, including the Swiss Franc. EUR-USD Looking for Direction The most liquid currency pair, the EUR-USD, has been sending many mixed signals lately. After reaching a high of 1.3330, this pair pulled back to 1.2600. September 7th 2009: Weekly chart of CAD-JPY Just like the other currencies, the Canadian Dollar has sold off considerably against the Japanese Yen lately Decision Time for AUD-JPY Recently, currencies have been subjected to a series of wild swings in public sentiment. Seemingly, every few days the perception switches from a “flight to safety” to a “pursuit of risk”. One of the best examples of this wavering opinion is the AUD-JPY. GBP/JPY in Holding Pattern So far this week, the Japanese Yen, and all its crosses have been very volatile. They sold off significantly for 2 days following the emergency Bank of Japan policy meeting and recovered to some degree on Wednesday. This recovery ran into a stiff resistance though, and currently the JPY pairs are in a “no man’s land” of sorts – a holding pattern. USD/CAD and the Stochastic Indicator Over last few months, the USD/CAD has been moving sideways. It has not made any meaningful high or low since late May, when it reached 1.0852. Since then, the price oscillated in a range between 1.0680 and 1.0105. AUD/USD Next To The Trendline The AUD/USD is still in an uptrend, as judged on basis of technical analysis. The price is above the 100 SMA and the up trendline, too. Last week, this pair rebounded from a conjunction of both of these lines, finding a support at 0.8770. GBP/CHF Testing Bottom of a Trading Range So far in 2010, the GBP/CHF has remained in wide trading range, between 1.5785 and 1.7105. This is best visible on weekly charts and gives this pair an appearance of non-action. However, this congestion zone is wide enough for trading opportunities on smaller time frame charts, including the daily graph. EUR/GBP Still Quiet, But For How Long? One of the currency pair that has been lacking significant attention recently is the EUR/GBP. That could change soon. USD/JPY At Key Level Finally, after couple of weeks of trying, the USD/JPY broke through the 84.70 support and made new 15 year low. It dropped 83.58 before a correction set in. How High Will CAD/JPY Rebound? On Tuesday, the Japanese Yen experienced a strong rally. All of JPY pairs broke through important supports and moved anywhere from 100 to 300 pips. During the New York session, this move ended and new supports were formed. NZD/USD Testing Support Since early July, the NZD/USD has been drifting lower, a move that gained momentum couple of weeks ago, and undercut the minor low of 0.7027. The price found support at 0.6996. Is EUR/CHF Oversold? Fears of renewed quantitative easing made money flow into the Japanese Yen and the US Dollars, seen as “safe havens”. Largely unheralded, the Swiss Franc also became the beneficiary of this new risk aversion. USD-JPY Seemingly Undecided, but Drifting Lower The Japanese Yen has been getting a lot of press lately. It has been getting stronger, undercutting the 84.80 low from last against the US Dollar and dropping to the lowest level for USD-JPY in 15 years, if only briefly. GBP/USD – Where is it Heading Now? Cable has been trending up again since beginning of June this year after a sharp fall from 1.5400 region to the impressive bottom reached around 1.4280. Daily AUD/USD chart with Head and Shoulders The Australian Dollar has resided in the realm of uncertainty over the last few weeks. Even though the Aussie’s fundamentals are positive, the currency has been responding unfavorably to other international news. GBP/USD: A Rally In The Making The Pound had seen the greatest amount of volatility coming behind the BOE minutes. Despite the fact that the BOE minutes came nothing short of predictable, with merely Andrew Sentence dissenting, the Pound gained strength. Short-term Breakout Is Likely In NZD/JPY With a lot of attention on USD/JPY, the other crosses of the Japanese Yen are quietly building chart patterns, which will likely lead to directional price movements. One example is the NZD/JPY. EUR/USD: The Rally Might Not Hold Below Pivotal Levels Looking at the technical analysis spectrum, we find that Euro remains in relatively stable intermediate uptrend. However, the tides might be changing if the EUR/USD pair can fall below pivotal technical levels. EUR/USD Support Still Holding The EUR/USD pair sold off sharply last week, closing at the low for the period. This often indicates a continuation of the trend later on. On Monday, however, that has not happened. Why? USD/JPY: Bad Economic Conditions Are Good For The Yen The growth in Japan has put a pressure on the risk appetite in London Session. The Yen climbed to 85.20 following a much lower than expected reading. GBP/JPY in a Possible Short-term Reversal The Japanese Yen pairs have been in a strong down trend recently. For right now, the longer-term charts still show a bearish bias, but some of the shorter-term graphs indicate possible reversals. One of them is the GBP/JPY. USD JPY Remains in a Downtrend After testing the 84.80 low from last year, the USD-JPY rebounded on Thursday, closing the day at 85.89. Shortly after that, the exchange rate moved above 86.00, prompting talks about the trend reversal. GBP/NZD Developing Stronger Uptrend Since making the new low of 2.0330 in May, the GBP/NZD has been making new highs. Every upswing took this pair above its previous resistance, and every successive low was above the prior low. This is a definition of an uptrend. EUR/AUD Developing Technical Chart Patterns With the policy meetings by the FED and the Bank of Japan, most of the attention among Forex traders have been directed to the US Dollar and the Japanese Yen. Meanwhile, some of the other currency pairs are developing chart patterns, which could result in promising trading opportunities. Long-term Chart of GBP/CHF So far this year, the GBP/CHF has been very quiet, when compared to previous years. Conditions like these do not last forever and are often followed by an explosive move out of trading range. Bottom Formation in AUD/NZD The longer-term chart of the AUD/NZD in a process of forming a bottom chart pattern. USD-JPY Nears a Multi-Year Low The Japanese Yen- US Dollar pair is steadily approaching the low from last year- 84.80. NZD/CAD - Pullback or a Reversal? The NZD/CAD has been appreciating in a steady fashion for last two months. This pair advanced from a low of 0.6940 to 0.7600. From there the price started to drift lower. Which brings forward the following question – is this a pullback within the major uptrend, or a reversal? EUR/CHF in a Well Defined Uptrend During the last few weeks, the EUR/CHF has been slowly, but steadily moving up. Symmetrical Triangle in CAD/JPY The CAD/JPY pair has been in a sideways mode for the last few weeks, creating a symmetrical triangle. GBP-CHF at a Possible Reversal Zone The Pound-Swiss Franc pair has been flying under the radar screen of media, with most attention given to the EUR-CHF and the repetitive SNB interventions that targeted that cross. EUR/USD, Euro's Rise has Help Today Unbending in the past with this recent rise power, the Euro's will, will be tested again. There is a forecast to aid it's climb into territory it has not tread upon for a long time. EUR/CAD Poised For a Move The most recent week has been very slow for the EUR/CAD. For the better part of July, this pair posted strong moves, but right now, it is consolidating. Will the AUD/JPY Turn here? The commodity currencies and in particular the Australian and New Zealand Dollars, have been appreciating strongly for some time now. EUR/USD, Technicals Can't Help USD Again The trend, refusing to bend, receives some support today. The EUR/USD, gets news to nudge it up further. Short-term GBP-JPY Congestion Last week the GBP-JPY experienced a steep run up. This pair advanced about 450 pips. In the relation to the latest volatility, it is not an insignificant move, especially during only two days. EUR/USD, Uptrend Knows no End Despite technical indicators having taken themselves to the top of the screen, the trend combined with a unfortunate forecast for the Dollar today, will help the EUR/USD to rise. EUR/USD- Trend will not Bend A forecast favoring the Dollar seeks to bring the EUR/USD down. Today the trend will be unlikely to bend however, there is not enough powerful news releases to make that happen. EUR/USD, technicals offer a down-Day Only the volatile StochRSI is against a run down for the EUR/USD. Bollinger Bands, Full Stochastics and RSI, each support it. All different ways of analyzing market sentiment. EUR/USD- Heavy Forecasts to Mend the Uptrend Are you having trouble trading with the trend? The two heaviest forecasts for the EUR/USD are ready to mend this pair's path. EUR/USD: What the Rest of the Week has in Store The Euro finally has fallen off the high horse and showing signs of weakness. EUR/USD has moderated to the downside breaking key levels. EUR/USD- Timeframe Free from Noise, Keeps Trades Clear The EUR/USD trend agreeing with a timeframe free from most noise, should help direct any opened trades today. EUR/USD- Candles Climbing, Uptrend Won't Bend A forecast that holds no potency, following the previous numbers, forces us to look into the windows of the technicals for some insight as to where the EUR/USD might be in about 24 hours AUD/USD: ABCD and Gartley Patterns Emerge Technical aspect of the AUD/USD is pointing for the pair to rally in the near term future. EUR/USD, Technicals Agree with a Old Friend With the world carrying no news of note for the EUR/USD pair today, we look to the four technicals behind their windows for wisdom. EUR/USD, Uptrend and Forecasts Agree Today Each technical indicator on the EUR/USD's daily chart is pinned to the top of it's window. Two of the three new hardest hitting news releases for this pair are forecast to hurt the Dollar today. EUR/USD: How Far Can the Rally Crawl? Prompted by a successful Spanish Auction, the Euro accelerated its gains. EUR/USD, Forecasts Foretell of a Fine Future for the USD The technicals on the three hour chart tell a tale of a tumble downhill long overdue for the the EUR/USD. Three news releases foretell of a fine future for the USD. Rounded Bottom in EUR/AUD Currently the intermediate term chart of the EUR/AUD cross is in a process of building a rounded bottom. It is not confirmed yet, but so far, it has a classic look. USD/JPY: Trading the Range The Japanese Yen has been in range trading for sometime now. Despite it being a tight range, there are plenty of opportunities to capitalize on the movements with low amount of risk. EUR/USD, 1.2740 to Hold A ceiling of 1.2740 appeared later in the day on the three hour chart. EUR/USD: Let's Fundamentals Rock Our Technicals Risk is on this Tuesday morning. A combination of good news, bad news has stirred the Euro. GBP/USD- Outlook on Cable Cable (GBP/USD) is very volatile pair to trade and with the correct patience and forex management skills one can bank up some pips nicely daily whilst enjoying trading. EUR/USD, Dollar Has it's Day A foul forecast is set for the Euro's side of the EUR/USD, while a favorable forecast is set to aid the Dollar's recent diminishing strength in this pair's ongoing power struggle. Simple Line Analysis of EUR/JPY Over last couple of days the EUR/JPY has been trying to find direction. The support or the trendline will be broken soon, indicating the direction of the next move for the EUR/JPY. AUD/USD: Proper Way to Trade the Range Looking at the Aussie, we currently find the pair ranging after a prolonged uptrend. A probability of the AUD/USD pair making a trend after a break of either resistance or support is high. EUR/USD- The Greater Trend, Your Good Friend No forecast variance to hang a limit order or hat onto, just a uptrend that is opposed to what each of the technicals are telling us, when we look into their windows. Tight Range in AUD/USD Following a very positive labor report last week, the Australian Dollar enjoyed a strong rally. That stalled on Friday, with the AUD/USD staying in a very tight range, in relation to preceding days. EUR/USD, Enjoy the Uptrend While Overbought? Lack of great news to guide the EUR/USD on the daily graph, has us turn to the technicals. Bollinger Bands, EUR/USD- Technicals and Forecast, Foretell of a Fall Trader sentiment is forecast to favor America's only currency, the Dollar. That will aid in guiding the EUR/USD pair's path down. What is next for EUR/GBP? The Euro has bounced off its lows, in a broad move, engulfing most of its pairs. This includes the EUR/GBP. USD/CAD: Parity in the Making? A rapid turnaround in the Canadian economy can be clearly seen by reflected in the price of Loonie. On countless occasions, economists and traders predict that parity is in the making between Canada and its bigger neighbor to the south. EUR/USD, to be Found, Range-Bound Having explored the benefits of going high and low this week, the EUR/USD is still showing a range-bound aptitude. AUD/USD: RBA's Hawks Give Aussie Wings After Reserve Bank of Australia left the interest rates at bay of 4.5%, the Aussie rose abruptly. EUR/USD, Despite Forecast, Down on the Day Every one of the EUR/USD technical windows is voting for a downward movement today also. USD/CAD Could Break Out Soon The USD/CAD price behavior creates a strong impression of the USD/CAD forming an extended and, possibly, a long-term bottom. Euro/Dollaro: Si estende la posizione neutrale Nonostante il forte rialzo sopra la resistenza, rimane valida la posizione neutrale. Cercate per ribassi al momento verso la barriera di prezzo di 1.2388. Si e’ formato un ristretto range di scambi, situazione piatta. Posizioni di attesa con opportunità di vendita in target. Is the Swiss Franc Running Out of Steam? During the last month, the Swiss Franc made large advances against most of the other major currencies. No other Franc pair exemplifies it better than the EUR/CHF. Chances are that a sharp correction is about to take place. EUR/USD, Ride The Retracement The tower formed late last week, was followed by the movers of the market opening this week, by putting the EUR/USD into a downward direction. EUR/USD, Up and Away Today Intensely awful news for the side of the EUR/USD the United States has, rocketed this pair up. Bollinger Bands, Full Stochastics, StochRSI and RSI were each above their centerlines, this shows the importance of taking into account news when trading technicals EUR/USD, Headlines Help it Head Upward Two of the three heaviest hitting news releases that will send the EUR/USD in a direction today that does not favor the Dollar.The other item is strong enough to ensure this day will likely end only slightly up. Is EUR/AUD Turning Bullish? The EUR-AUD pair has been in a prolonged down trend since the original financial meltdown of 2008. This could be changing. EUR/USD, Forecast to Fall Further Technicals have been pushed down due to the intentions of market movers. The Non-Farm Employment Change is forecast to empower the USD to help the EUR/USD dive further down. USD-JPY Sell-Off Running Into Resistance Over the last month or so, the USD-JPY pair sold off from 93.00 to 88.25. A significant fall in relation to the most recent history. However, this move may be ending. EUR/USD: The World is Flat, Escape To Safe Haven “The world is flat” as some would say- This year was nothing less than a proof of that statement. EUR/USD- Further Fervor, Drives It Down The strength and determination of those that had the money to create yesterday's move will cause the EUR/USD pair to end lower. USD/JPY- Slow and Steady Wins the Race Despite the negative economic announcements, the Japanese Yen continues to outperform other counterparts. EUR/USD, Assured Ascent No notable news is available to direct the EUR/USD pair today, so it will likely continue on it's way up. GBP/JPY Price Congestion Recently the Japanese Yen has had few days of gains. Likewise, the British Pound had a decent rally. Combination of these two currencies getting stronger created very erratic moves in their cross, the GBP/JPY. Is NZD-JPY About to Resume the Downtrend? During the last few days, the Japanese Yen made strong gains against most other currencies, including the high flying “commodity dollars”. USD/JPY- How Low Can We Go? The question is: How Low Can We Go? Well, the Japanese Yen is gaining strength amid weaker US Dollar and comments by Japanese officials. EUR/CHF – Reversal Or a Bounce? On the daily EUR/CHF chart we see the price formed a possible reversal candlestick formation – the hammer. It is important after a prolonged down trend and it carries bullish implications. GBP/USD- Party Is Over For Now, Let's Take a Break Through out the New York Session, we expect the Pound to continue to head lower as long as New Home Sales and Federal Reserve do not ruin the parade. Is CAD/JPY Ready To Break? Recent price action in the CAD/JPY pairs ran into a very strong resistance. The 9.000 level seems to be holding steady, in spite of multiple advances there. USD/JPY- Valuable Set Up To The Upside There is a solid set-up brewing for USD/JPY to the upside. This type of trade generally manifests itself over a couple of days and takes time to proliferate. GBP/USD- The Trend Remains Intact Britain's emergency budget allowed the Pound to stay away from a complete reversal in trend to the downside. EUR/USD- Downward Trend, To Mend Each technical indicator on the daily chart still has left room for the EUR/USD to fall a bit further. EUR/USD- Risk Appetite And Yuan Keeps The Uptrend Giving a boost by the Chinese Yuan revaluation, EUR/USD continue to perform relatively well. EUR/USD- Technically Time To Turn Down Bollinger Bands, Full Stochastics, StochRSI and RSI in unison with price action are ready for the EUR/USD pair to have closed down from where it is now in twenty-four hours. Intermediate Term Trend In EUR/USD The EUR/USD pair is in an intermediate term bullish trend, with no sign of reversing. USD-CHF and Fibonacci After reaching the 1.1700 level, the USD-CHF has been retracing for a better part of the last two weeks. EUR/USD- On the Crossroads The technical analysis is on cross roads of both directions regarding the EUR/USD pair. EUR/USD, Dollar Hit While It's Down Today Today the technicals tell a prelude about the EUR/USD pair that is due to plummet, with three of them over their centerlines and the stalwart RSI on the fence. EUR/USD- Down Is The Determination With news both yay and nay for America's Dollar, we will turn to the technicals for guidance in our time of need today. EUR/USD- A Short Term Uptrend Currently the EUR/USD pair is trading within a well-defined upward channel. In retrospect it is in a short term uptrend. You know what the markets say- “trend is your friend.” CAD-JPY - A Possible Head And Shoulders The hourly chart of the CAD-JPY is developing a possible "head and shoulders" formation. The head and shoulders pattern tends to be more reliable than many other chart formations and is worth paying attention to. AUD/USD: Short-Term Break Out Is On The Horizon Risk rally is helping to take all of the high yielding beta currencies higher. Aussie is among currencies which is savagely pushing to the upside. EUR/USD- Trend And Technicals Taking It Down Today A trio of technicals stands bravely against two mighty news items, both lined up favoring the EUR/USD rising up on the charts today. NZD/USD- A Possible Trend Change Based on the candlesticks and other technical indicators, the NZD/USD could resume its previous downtrend. GBP/USD: Will The Rally Catch Up With The Herd? While all of other higher beta currencies have already cleared their respected resistance levels to formulate a proper bottom, GBP/USD is lagging way behind. EUR/USD, Time To Trade The Trend Has price action pumped this pair into the upswing of a wave or have technicals taken the EUR/USD to the top of this wave? USD/JPY Could Move Soon Most of the currencies have been lively over the last few weeks. However, the USD/JPY itself remained about the most lifeless of the majors. Seems that this choppy stretch might be ending soon, though. EUR/USD, Sure to Sink The tale the technicals would like to tell this day is one of a EUR/USD rising. When time and other factors are added in though, EUR/USD: Making Strides from the Bottom After the ECB opted to maintain the interest rates at bay of 100 basis points, the EUR/USD continued to put a clinic of how to turnaround from a gut wrenching downtrend. EUR/USD, Perfect Storm Plunge? Unable to turn a blind eye to the bomb forecast to favor the Dollar tomorrow, price action has decided to put the EUR/USD in a upswing so the coming potential downward movement will look like a nice wave on a daily chart AUD-USD Looks Bullish Short Term Following a large sell off last week, the AUD-USD has been gaining ground over last few days. How Low Will EUR-JPY Go? There is no question that the EUR-JPY is in a downtrend, but just how strong is it? EUR/USD, Found To Favor The Dollar There is still no heavy news releases today to aid the technicals' machinations to send the EUR/USD pair up. Trading ranges in GBP/CAD The recent daily chart of the GBP/CAD shows a prolonged downtrend. Since early March, though, the trend has flattened, with the price forming a wide trading range. AUD-CAD still in a downtrend Many market participants look at the AUD-CAD pair for clues about the general strength, or weakness, of either one of these currencies. The premise is, that if the AUD-CAD is bearish, than all other crosses of the Australian Dollar will follow. The opposite is true in a bullish scenario. EUR/USD, Discerning the Descent The dive the Dollar took the Euro along for the ride on, is unlikely to end. The bit of witchcraft that I choose today in assessing the USD's assent is the strong trend. MACD Divergence on a Daily Chart of EUR-CAD Divergence is a very popular concept in the field of technical analysis Is GBP-USD Reversing? Over the last few days, the GBP-USD pair advanced about 400 pips. Many voices are being raised about a longer-term reversal taking place here. EUR/USD, Up on the Day Bollinger Bands below their centerline, Full Stochastics below far their centerline, RSI far below their centerline, only the volatile StochRSI is above it's centerline. An Inside Day in GBP-JPY Monday was a holiday in the U.S.A., which resulted in a relatively inactive Forex market. Most of the currencies had much smaller daily trading ranges on a very light volume. A Short-Term EUR-CHF Picture The EUR-CHF pair has been making news lately. The most obvious reason is the market preoccupation with the Euro and its fall from glory. EUR/USD, Room to Rise No forecastable heavy news for the EUR/USD, means we can look to price action and technical indicators, to learn where this pair will turn today. Old Support Changes into Resistance on a Daily AUD-USD Chart It would seem that the AUD-USD pair stopped the free-fall, which took it from 0.9400 to under 0.8100. EUR/USD, Found to Fall, Once Again No matter what the Bollinger Bands, Full Stochastics, StochRSI and RSI might tell the EUR/USD to do, the trend and both big forecasts clearly have a downward direction in mind for the 27th. The EUR-GBP on a Long-Term Chart After reaching a high of 0.9800 in late 2008, the EUR-GBP cross has been in a slow, but steady downtrend. Short Term Reversal in AUD-NZD Both the Australian Dollar and the New Zealand have been under market pressure for some time. Most analysts connect it to the Euro crisis and the anticipated global economic slowdown. EUR/USD, Trend to Take the Dollar Down With two news items with outcomes forecast to counteract each other, price action, trend and technicals must be turned to Possible Bullish Flag on a Chart of GBP-NZD The recent rebound in the GBP-NZD pair stalled over the last few days. This pair had been in a seeming free-fall for weeks and even months. EUR/USD, Into the Dollar's Domain Upward undulation did not temp the EUR/USD into breaking it's trend, nor did any of the four technical indicators put to the daily chart. 100 Pip Plus Move on GBP/USD – Reversal Bar Thursday (20 May) produced an interesting opportunity on Cable (GBP/USD) that tied in to my analysis from my last post. EUR/USD, Dollar to Push Pair Down Those with the power to push this pair have seen fit to move it down at this week's open. New uptrend in the USD-CAD? Until recently, the Canadian Dollar had been one of the best performing currencies. It reached the parity level with the US Dollar and staged strong rallies in most of its other pairs. NZD-USD in a Strong Downtrend The New Zealand Dollar is one of the currencies heavily affected by the Euro crisis. Just like the other commodity dollars, it is regarded as “risky” in current environment. EUR-GBP – What is Next? During the recent sell off, the British Pound did not fare much better than the Euro. The CAD-JPY downtrend continues The Japanese Yen has been getting stronger against most other currencies for some time now. While the prices rebounded sharply from the lows made on May 6, they failed to exceed highs preceding the selloff. The GBP-CHF and Symmetrical Triangle The GBP-CHF pair is in the process of building a symmetrical triangle on an intermediate term chart. EUR/USD, Euro, Clearly Crashing The EUR/USD explored higher territory on the 17th yet decided to still continue down. Good, bad and neutral news today for this pair evens out the news angle of analysis and the technicals have been rendered infertile for the past few weeks in this virile trend. Aussie-Yen in Congestion Zone After staging large bullish run last Monday, AUD-JPY spent most of the week pulling back. A Big Test for the Euro After severe sell off, EUR-USD is approaching critical support level at 1.2630, low reached during 2008 financial panic. EUR/USD, Profit from the Plummet? The trend, being your friend, is best adhered to when it is this strong. EUR/USD, Trade the Trend Two news items related to retail sales that have been forecast to run afoul of the current trend are due to be put to the EUR/USD today. EUR/USD, Unemployment Forecast Aids in Falling Further The trend, being our friend on the EUR/USD, combined with a forecast favoring the Dollar's side of this pair, should help continue the downward dive. EUR/USD, Dollar to Dominate Again The “market movers” have their name for a reason. Trading against the trend is something many traders never do, here you can see why. EUR/USD, Down Despite the Tale Technicals Tell The EUR/USD's daily chart dives deeper down, despite what each of the four technical indicators put to it have said. EURUSD Bulls Taking Over Bears are taking control despite the fact that there were signs of bulls recovery. EUR/USD, Ride the Rise The EUR/USD's rise at the week's open is in line with the desire of each of the indicators that have long been dragged across the bottom of their windows. EUR/USD, Downtrend to Dominate With non-farm employment change looking good for the Dollar, the EUR/USD will likely continue the downward trend. EUR/USD Due to Dive Down for the Dollar Today The daily chart that the EUR/USD is put to has for many days had indicators that remind us that technicals lag. EUR/USD, Ready to Rise... Not Yet Two strong news items will surely trump the story the lagging technicals will tell today, to any traders who wish this pair to move upward. EUR/USD's Price Action and Technicals Agree, Do You? All of the four technicals on the EUR/USD's daily chart agreeing with price action, for a brief upward swing for some pressure relief before continuing the downtrend. EUR/USD, Dead Cat Bounce Brings Pair Down Bollinger Bands, Full Stochastics, StochRSI and RSI, all each decidedly determined to bring the EUR/USD up despite the slight downtrend it is enjoying. EUR/USD, Forecast Foretells of Dollar's Demise Technicals will not disagree with the rise that might come today, from the ill forecast on such a major piece of news, for the Dollar's side of this pair. Bollinger Bands, Full Stochastics, StochRSI and RSI are each following the trend as lagging indicators would. Large news items like today's are what change things like this though. EUR/USD, Trend Trumps Uncertain Unemployment Numbers The trend and today's forecast for unemployment claims bodes well for the Dollar. Bollinger Bands, Full Stochastics, StochRSI and RSI have been idling below their centerlines waiting for a excuse to rise, yet none has come along. Fed Rate Decision Today the Fed’s two day session will be concluded with an announcement on the future monetary policy. EUR/USD, Technicals Take it up with Fed Funds Rate The Federal Funds rate is forecast to be the same, so me must turn to the technicals to find where the EUR/USD might take us today. EUR/USD, Cascading Down on Consumer Confidence? Commendable news for consumer confidence on the shores of the United States, will likely see the Dollar gain in value over the Euro at the end of the April 27th trading day. EURUSD Bulls Showing Confidence It looks like bulls are showing enough confidence to climb above support barrier at 1.3371 price level. EUR/USD, Price Action Points Upward No new notable news, forces us to turn to the technicals to find where the EUR/USD will be, around 24 hours from now. EUR/USD's Turnaround Today With the good and bad news canceling each other out for the Dollar, the Euro's news is left guiding the EUR/USD upward. Bollinger Bands, Full Stochastics, StochRSI and RSI, all being dead on the floor of their respective windows, will not disagree and enjoy the lift from what they see as a oversold pair. EUR/GBP Dropping to New Lows New support and resistance levels are created, narrow trading range is valid between 1.3495 and 1.3415 price levels. EUR/USD, Going Down for the Dollar The technicals are trumped today on the EUR/USD by three mammoth news items, all favoring the Dollar. EUR/USD, Ready to Rise The price action showing a wave pattern undulating upward supports a buy. Bollinger Bands, Full Stochastics, StochRSI and RSI each below their centerlines show sentiment could be oversold a bit EUR/USD, Soon to Soar Centerlined technical indicators help us turn to the news to aid us in finding where the EUR/USD charts will flow today. EUR/USD's Downward Dive is Dead This Forex technical analysis piece discusses the Forex market's major pairs and their latest trends. EUR/USD, Roaming the Range Today This Forex technical analysis discusses the latest trends in the US Dollar. EUR/GBP, Strong Bears Slide This Forex technical analysis piece analyzes the EUR/GBP pair. EUR/USD, Bulls Stay Confident This Forex technical analysis piece analyzes the EUR/USD pair and shows how the bulls are ahead. EUR/USD, Sinking Sentiment Today This Forex technical analysis piece analyzes the EUR/USD pair and its sinking sentiment. EUR/USD, Short Term Upswings Are Confirmed This Forex technical analysis piece analyzes the EUR/USD pair and its short term upswings. EUR/USD in Consolidation Mode This Forex technical analysis piece analyzes the EUR/USD and USD/JPY major Forex pairs. EUR/USD, Soaring Sentiment Soon To Swing Today we must turn to the technicals to see where they will take the EUR/USD pair. EUR/USD, Low Jumping Is Extended By Support This Forex technical analysis piece analyzes the EUR/USD and AUD/JPY major Forex pairs. EUR/USD, Trade Balance Release Trumps Technicals Today This Forex technical analysis piece analyzes the EUR/USD pair and the trade balance release. EUR/USD- Positive Trend Is Not Initiated Yet This Forex technical analysis piece analyzes the EUR/USD and AUD/USD major Forex pairs. USD/JPY, Bullish Movement Expected Towards Resistance This Forex technical analysis piece analyzes the USD/JPY pair. EUR/USD, What Goes Up... Stays Up This Forex technical analysis piece analyzes the EUR/USD pair and its upward trend. EUR/USD, Price Action Pops It Upward Technicals take over today, with no major news releases to guide the EUR/USD's direction. EUR/USD- Bears Have Extended Their Slide This Forex technical analysis piece analyzes the EUR/USD and GBP/USD major Forex pairs. NZD/USD Plunged Below Support Barrier This Forex technical analysis piece analyzes the NZD/USD pair. EUR/USD, Unemployment Numbers Moving It Upward? Today is the due date for the birth of a giant- the United States unemployment claims. This news item will overpower the strength of the technicals. USD/CAD- Bears Are Slowing Down This Forex technical analysis piece analyzes the USD/CAD and EUR/USD major Forex pairs. EUR/USD at Critical Juncture This Forex technical analysis piece analyzes the EUR/USD and USD/JPY major Forex pairs. EUR/USD, Onward And Upward The trend, as the saying goes, is supposed to be your friend. Before you jump into any trade, lets see if the three hour timeframe agrees. EUR/USD- Negative Trend Is Initiated Bears have initiated negative trend in both EUR/USD and NZD/USD pairs. USD/CAD, Strong Potential To Extend Current Negative Trend USD/CAD bears can extend their prior movement and reach new lows in a long a run. EUR/USD, Price Action, Pumps Pair Upward This Forex technical analysis piece analyzes the EUR/USD pair and how they are being pushed upward. EUR/USD, forecast to fall Two powerful news items dropping today for the Dollar will allow the EUR/USD to drop like a bomb today, if the forecasts are found to be true of course. EUR/USD, Forecasts Makin' it Fall The strong forecast favoring the USD with employment change and the likely lack of enough unemployment rate change to counter that, will allow the Non-Farm Employment Change to take the EUR/USD any way direction it would like today. Potentially – A double bottom on Sterling For Sterling the fundamentals look bleak, however technically it’s showing a different picture. EUR/USD, Heavy Forecasts Favor USD This Forex technical analysis piece analyzes the EUR/USD pair and its heavy forecasts favoring the USD. GBP/USD- Bears Are In Danger This Forex technical analysis piece analyzes the GBP/USD and EUR/USD major Forex pairs. EUR/USD Cycle Turns Up This Forex technical analysis piece analyzes the EUR/USD and USD/JPY major Forex pairs. EUR/USD, Down With No Delay This Forex technical analysis piece analyzes the EUR/USD pair. USD/JPY continues moving in low trading range Resistance level at 92.82 and support level at 92.36 forms a narrow trading range, candles are locked up in this range for a while. While support and resistance barriers holds, further bouncing is expected. USD/CAD bears testing bullish trend line USDCAD bears overcome bulls position and are succesfully sliding further downside towards support barrier at 1.0205. Below this level, bears can extend their prior movement and reach new lows in a long a run. In order for bears to continue sliding downside, bullish trend line needs to be broken. EUR/USD, at home on the range Each technical indicator being below it's centerline has a chance to enjoy enforcing it's desire in continuing the upward retracement that began late last week. The lack of heavily weighted news being released today will allow this. EUR/USD, Rising Retracement Again Price action showed comfort at 1.3350 level for the EUR/USD pair yesterday. Bollinger Bands, Full Stochastics, StochRSI and RSI are all screaming for a lift from the depths. USD/JPY, The bullish trend is heating up Japanese CPI figures published this morning continued to point on subdued customer demand. EUR/USD- Bears Are In Good Shape This Forex technical analysis piece analyzes the EUR/USD and NZD/USD major Forex pairs. GBP/USD- 80 Pips Overnight This Forex technical analysis piece presents the use in Fibonacci analysis on the GBP/USD pair. EUR/USD, Unemployment Forecast Favors USD The unemployment numbers will define the day for the EUR/USD. EUR/USD Continues Down-Cycle This Forex technical analysis piece analyzes the EUR/USD and USD/JPY major Forex pairs. EUR/USD- Further Low Bouncing Up and Down is Expected This Forex technical analysis piece analyzes the EUR/USD and GBP/USD major Forex pairs. NZD/USD Narrow Trading Range Continues NZD/USD narrow trading range between support and resistance continues. EUR/USD Forecasts Favor The USD Today This Forex technical analysis piece about EUR/USD pair combines the Forex technical analysis with the Forex news items. EUR/USD, Home Sales And Price Action Bring It Upward The heaviest news item for the EUR/USD pair will aid the four technicals this chart enjoys in their upward retracement effort. EURUSD Bears Downtrend Movement Started Bears have initiated downtrend movement after a breakout and M pattern formation, bears did manage to breakout at support barrier 1.3656. USDJPY Lower Resistance Still Holds USDJPY bulls have formed a double top by lower resistance barrier at 90.66. Lower support barrier stays at 90.42 price level. Forex Short term – Trade Recommendation A Forex trading recommendation GBP/USD 150-300 pip move These last several days have presented some excellent opportunities on GBP/USD that are well worth examining especially in the light of the analysis I posted last week on this pair. EUR/USD, Retracement Rally This Forex technical analysis piece explains why it is better to open short positions only on the EUR/USD pair. EUR/USD, Rising Retracement Bollinger Bands below their centerline along with the RSI are neutralized by Full Stochastics and StochRSI being above their's. USD/JPY Continues in Sideways Channel This Forex technical analysis discusses the USD/EUR and the USD/JPY. EUR/USD, Dollar Having It's Day This Forex technical analysis discusses the EUR and USD news changes. EURUSD Positive Movement is Expected This Forex technical analysis discusses the market's major currencies, such as the EUR and USD. USD/JPY Best to Wait An in depth Forex technical analysis of the USD JPY major currency. EUR/USD, One Word - Overbought This Forex technical analysis piece discusses the Forex daily charts of the market's major pairs. Loonie – Technical and Fundamental Setup This Forex technical analysis discusses the USD/CAD Forex pair and its latest trends. EUR/USD Tests Triangle Breakout Yesterday’s analysis forecast a drop below 1.3704 would find support at 1.3644, and we bottomed yesterday at 1.3639, supporting the idea that EUR/USD dropped back to triangle support USDJPY Negative Movement Extended An in depth technical analysis of the Forex pair USDJPY. EURUSD Below Resistance Level This Forex technical analysis piece analyzes the EURUSD and GBPUSD major Forex pairs. Forex EUR/USD Buying is Best Your Option This Forex technical analysis discusses the EUR, USD, and GBP major Currency pairs. Forex EUR/USD: Short Trades Recommended Today Three heavy Forex news bombs today, are all forecast to counteract each other or stay the same. Forex Rally for GBP/USD? This piece of Forex technical analysis discusses the upward trend of the GBP/USD. EUR/USD, Bad USD Data Helps New Uptrend This Forex technical analysis explains that the latest bad data coming out of the US will give Forex traders the opportunity to enjoy an uptrend in the Forex market. EUR/USD, Technicals Takin' it Up The EUR/USD's range bound daily chart is in a upswing, this upswing is likely to continue with help from two bad forecasts outnumbering the one good forecast for the Dollar today. EUR/USD Threatens to Breakout of Range USD/JPY fell slightly short of our 90.91 4th channel target, topping at 90.81. This may be enough to complete the MT up-cycle (blue), followed by more sideways consolidation. EUR/USD, Technicals Takin' it Down Today Both hard news releases counteract each other. So the Bollinger Bands, Full Stochastics and StochRSI being above their centerlines will have to direct our trades downward. The RSI does not object just being a hair below it's centerline. EUR/USD Stuck in Range After retracing 61.8% of the previous down-cycle, USD/JPY has retreated a bit, indicating the MT up-cycle may have completed with three channels-plus-extension at 90.67 (blue). EUR/USD, Lack of Direction Today The daily chart of the EUR/USD is on a down swing of a range bound past few weeks. EUR/USD, Roaming the Range Today With no heavy news releases for the EUR/USD pair today we are turning to the Bollinger Bands, Full Stochastics, StochRSI and RSI that are there every day for us. Unemployment holds at 9.7 %, Payrolls drop 36,000 The unemployment rate in the U.S held at 9.7% and payrolls fell less than forecasted in February, indicating that the U.S labor market is stabilizing. Payrolls were expected to drop by 68,000 and the jobless rate was projected to increase to 9.8% according to Bloomberg estimates. EUR/USD, Calmly Coming Down Today The daily chart for the EUR/USD has seen it climb enough in the past week, to bring each of the four technical indicators this chart enjoys to or beyond their centerlines. Rate Hike Near for Canada At the conclusion of its March 2nd meeting, Bank of Canada’s policy makers left its key interest rate unchanged at 0.25 percent and pledged to hold its current policy rate constant until the end of the second quarter. EUR/USD, Upward on Dollar's Bad Forecasts Today No clear technical direction is on the table. Fortunately both of the heaviest news items for this pair are not favoring the Dollar and except for the StochRSI all of the indicators are at or below their centerlines. This combined with yesterday's sharp decline in this pair, will allow for a easy rise today. EUR/USD Has Upside Breakout Resistance in the EUR/USD at 1.3673 was broken and a rally up to 1.3735 followed. EUR/USD Bulls Possibly Recovering Breakout at resistance level of 1.3646 occurred. While candles remain above resistance, possible bulls recovery can be initiated. EUR/USD, Headlines Have it Comin' Down If the Euro's Minimum Bid Rate stay's the same, the other two powerful news items should bring the EUR/USD easily down EUR/USD, Technicals Take It Down Range bound in recent weeks, the EUR/USD's daily chart will stay that way with the two heavy news items released today. These items will weight the USD side of the pair and bring it closer to 1.3500 once again. The StochRSI has been flying high and is ready to put the RSI it foretells the direction of, down. The Bollinger Bands have the price above their centerline and the Full Stochastics are at their centerline. The technicals are comfortable with today's news releases taking this pair down. EUR/USD, Range Bound Day, the Technicals Say Bollinger Bands, Full Stochastics and RSI band together to outvote the StochRSI window on the EUR/USD daily chart. This should mean this pair will have a up day. Keep your stop-losses tight because the trend does not favor the technicals. I am only looking at one day though. EUR/USD Remains in Consolidation Pattern EUR/USD dropped sharply yesterday, confirming the end of the ST up-cycle (light blue) and creating a ST down-cycle (orange), that may already be complete with three channels. EUR/USD, Technicals with Help Triumph over Trend The technicals have triumphed and with the help of today's bad news for the USD side of the EUR/USD, this pair will rise further. Each indicator is at or below it's centerline, except for the more volatile StochRSI, which means traders might be growing tired of this very long downtrend, so you might be able to isolate, down, out of today's direction for the EUR/USD. WHATS UP WITH THE FOMC – According to PipVille As widely expected the FOMC maintained overnight lending rates at 0.25%. For first timers, the FOMC or Federal Open Market Committee is an entity of the US central bank or Federal Reserve. This body is responsible for the management of monetary policy and Interest rates and is closely observed by players in the financial world. EUR/USD, USD Technically, Overbought With both of the heaviest news items for the EUR/USD canceling each other out, with good and bad news for the Dollar, let's turn to the technicals for some insight into how the market movers might justify their trades today. Only the StochRSI is high, each of the other indicators is asking yesterday's rise to continue, the trend will likely override that request. EUR/USD Tests Recent Lows EUR/USD got right up to our 1.3628 resistance area yesterday, and subsequently dropped to test the 1.3444 low. There is relatively strong support at this low, but if we continue lower, the LT flat cycle’s 3rd channel extension target (black) and the LT angled cycle’s 4th channel extension target (dark purple) coincide at around the 1.3333 area. EUR/USD, Technicals Takin' It up Today The hardest hitting news items for the EUR/USD pair are canceling each other out. Turning then to the technicals, they are all clearly far below their center lines, except for the StochRSI. EUR/USD, Truth Over Technicals for the USD New Home Sales data is ready to devastate the recent new low around 1.3450 with wonderful news for America's dollar. Only the RSI of the four technicals put to the daily EUR/USD chart is far above it's centerline and clearly ready for a easy ride downward but that news will easily overpower any lagging technical indicator. EUR/USD Trying to Bottom EUR/USD very nearly reached an important target on Friday, followed by a rally to resistance at 1.3653. Overnight we briefly rallied above that level, but quickly dropped lower, as the euro tries to find a bottom to rally off of. We may find support today at the 1.3535 area, or test the bottom at 1.3444. Beyond that, there are targets at 1.3333 and 1.3310. A rally above 1.3691 should find resistance at 1.3790. USD/JPY Tests Resistance Yesterday’s price action increases the chances of the MT up-cycle having completed at 92.14 (light green) with three channels-plus-extension. We fell short of the LT target, which would come in at 92.43 today, but it remains a possibility if a rally takes hold. EUR/USD, Euro power play today, enough? Heavy news is favoring the Euro today for a change. The likely retracement that might follow the recent rise in the last four trading days however does not. The Bollinger Bands, Full Stochastics, StochRSI and RSI rising higher than they have in recent weeks could mean this high period for the EUR/USD will make traders uncomfortable and this pair will be kept range bound or moving downward. EUR/USD: belive in the bands The consistent angle of the Bollinger Bands has been the only unceasingly correct directional indicator in the recent downtrend for the EUR/USD on the daily chart. Full Stochastics, StochRSI and RSI have all waned in their efforts to give us lagging truth. The trend and the B.B.s still direct us downward. EUR/USD, dollar will be down again With the trend able to bend the daily chart's Bollinger Bands, Full Stochastics, StochRSI and RSI, it best to trade with it. Today's largest news item for this pair also helping the greater trend, should also help convince you to trade with it, today at least. The technical indicators give a idea about the sentiment of traders, they do not tell the future. They are often based on averages and will creep back to their centerlines even though the trend has long been moving up or down. USD/JPY Tests Resistance USD/JPY got the test of the 91.27 high we mentioned yesterday in our daily report, topping at 91.38 before declining overnight. That 91.27 level also happens to be the top of the 2nd channel of the LT angled up-cycle (dark green). EUR/USD Resumes LT Down Trend The 4th channel target of the ST up-cycle (light blue) proved to be the end of the ST cycle, and likely the end of the correction that began Friday after the bottom at 1.3587. The subsequent decline made a lower low at 1.3531, but it was part of a sideways trade that now appears complete. EUR/USD: The dollar has it's day The downtrend will continue, with more good news forecast for the Dollar, the EUR/USD will likely continue down on the daily chart today. EUR/USD, ready to ride the rise? Lifted to their centerlines or beyond, Bollinger Bands, Full Stochastics and StochRSI are now satiated and ready for the greater downtrend to continue or let the RSI and the hard hitting news that favors the EUR side of the EUR/USD have it's way with this pair and start a bit of a rise on the daily chart. USD/JPY Tests Support USD/JPY traded down near 3rd channel extension support (purple) at 89.66, but has rebounded. EUR/USD Extends Sideways Trade The market appears to be calling for more sideways price action before resuming the LT down-cycle. Forex Week in perspective: The Last Week’s Trading Activities All of the major stock markets closed at least marginally higher at the end of last week’s trading session. In Europe over the course of last week, the FTSE put on 1.6%, closing at 5142.5; the CAC managed to rise by almost 1% closing at 3599.1; the Dax made 1.2%, ending the week at 5500.4. EUR/USD: roaming the range today Taking each indicator's vote, with Bollinger Bands, Full Stochastics and RSI below their centerlines and only the StochRSI wrapped around it's center area, the EUR/USD should be headed for the clouds on the daily chart. EUR/USD: Continues LT Cycle Decline The EUR/USD completed the ST down-cycle yesterday at 1.3595, and is now being pulled down by the longer-term cycles. The LT black cycle has a 3rd channel target at 1.3484, and the LT angled purple cycle has a 4th channel target at 1.3404. EURGBP: Bear's negative trend EURGBP bears are getting more confidence between support at 0.8699 and resistance at 0.8723. It looks like below support level bears can initiate negative trend EUR/USD: Bears are controlling situation for now Bulls couldn't manage to break current trend line, a rebound was initiated back to support level, look for selling options below support barrier while trend line remains active. Bears are controlling situation for now. EUR/USD, forecast for Dollar domination The pair with the most volume on the foreign exchange market shows that it does not want to stray from that 1.3700 region. For the eighth day it wanders around that price area. EUR/USD: Above trend line, bears are in danger Negative trend line still holds, however bulls are heading towards to reach new highs. Above trend line, bears are in danger. EUR/USD: the trend, will not bend The trend, in recent weeks, has been unwilling to bend. With the only hard hitting news today having a forecast favoring the Dollar, it is unlikely to bend today. EUR/USD, time again, to be short and sure Price action has allowed the unceasing domination in recent weeks of the USD. The Dollar's strength will continue for at least one more day due to the strong news release below. AUD/USD: Can Bull can get their shape back? AUDUSD currency pair did manage to break resistancel evel at 0.8715, however trend line stays valid and not broken. At the moment buying options should be done with a care. EUR/USD: bulls are test resistance Narrow trading range is formed for now, however bulls are looking forward to test resistance barrier. Above resistance, look for short term upswings. EUR/USD, trade the trend my friend The EUR/USD's decline on the daily chart, has helped the Dollar half of the pair gain strength. This is despite each of the four technicals this daily chart enjoys, pleading, as they are dragged across the bottom of their windows, for upward movement. EUR/USD Bottoms Within Ticks of Target The pair came within ticks of our 3rd channel extension target at 1.3570 Friday (dark purple), providing more confirmation that the dominant cycle is the angled one rather than the flat (black). EUR/AUD: Bearish movement depending on the Breakout confirmation Negative trend is extended further downside, however concentration is formed by current support barrier at 1.3630 while resistance level holds at 1.4037. Wide trading range is created, however at the moment look for selling options just below support level. Breakout confirmation of support barrier is needed to continue bearish movement. EUR/USD: Selling options below support level Negative trend is extended further downside, however concentration is formed by current support barrier at 1.3630 while resistance level holds at 1.4037. Wide trading range is created, however at the moment look for selling options just below support level. Breakout confirmation of support barrier is needed to continue bearish movement. EUR/USD, daily downtrend, destined Price action for the EUR/USD on it's daily chart, has defied the requests of each of the four indicators on it, for any excuse for upward movement. With no hard hitting news releases for this pair today, it is likely to be range bound or to continue the downtrend for February the 8th. EUR/USD, Forecasts Favor The Trend The downward dance for the EUR/USD, will continue to flow as this pair moves forward with today's news forecasts. The forecasts will favor the USD as will the trend, your friend. Though the Bollinger bands, Full Stochastics, StochRSI and RSI are screaming for a retracement, the strong trend and news forecast for today should offer a strong hint at isolating any trades to shorts. EUR/USD, Forecast Friendly for USD Technicals will be taken down again by the good news for the dollar on the 4th. Bollinger Bands, Full Stochastics, StochRSI and RSI are each in their windows and all low. Price action has showed the EUR/USD pair is stable around the 1.3900 level. That show of stability will help future movement downward. EURUSD Bulls Break Trend Line Bulls did manage finally to break trend line, however below 1.4048 price level bears are still in good shape. Despite this bulls attempt to climb higher, bears are controlling the current situation. Look for selling possibilities below this barrier, but it should be done with a care for now. EUR/USD, Favorable Forecast for the USD The EUR/USD's daily chart shows a lapse in the dollar's recent rise to power. This will likely be corrected by the two high powered news items that are released on the 3rd. EURUSD Negative Trend Remains Negative trend remains strongly active. However, according to recent bulls attempt, they showed first signs of recovery. At the moment waiting action is better option in order to confirm bulls strength. If a trend line is broken, bulls have a chance to slide above 1.4048 price level. EUR/USD Holds Support As mentioned Sunday, EUR/USD tested our LT targets at 1.3852 and has held there for now. The next resistance level should be at 1.3988, with a ST cycle completion target of around 1.4115. ST support should be at 1.3938 and 1.3911. EURUSD Strong Negative Trend Remains Ex-support 1.4048 and ex-resistance 1.4409 levels hold at the same places. Strong negative trend remains for this pair, at the moment short term upswings are expected. However, while downtrend holds, look for selling possibilities, but it should be done with a care for now. EUR/USD, Destined Downward A gentle rise in the StochRSI shows a level of stability in the EUR/USD's daily chart. The same daily chart's Bollinger Bands are not as wide, showing a decrease in recent volatility. USD, Will Take More out of EUR Feb 1st The downtrend continues with no letup for any of the four technical indicators on the daily chart of the EUR/USD. Bollinger Bands have the price at the bottom, Full Stochastics are scraping the bottom, StochRSI is crawling at the bottom and RSI is rolling threw the mud. EUR/USD Tests LT Targets EUR/USD is trading at levels where several LT cycles should provide support. In our chart both the black and dark purple cycles show channel targets where we made lows overnight, and the dark red LT cycle has its 2nd channel extension target just above the lows. If we continue lower, there is LT technical support at 1.3750. EURUSD Negative Trend Extended EURUSD negative trend is extended by low bearish movement below support barrier. Even though bears are sliding downside, lack of confidence can initiate bulls price recovery. At the moment, look for waiting option with selling opportunities, but it should be done with a care. EUR/USD, You Can't Fight Gravity Ready and wide to accept the wilds of the EUR/USD pair, the Bollinger Bands have had the price in their lower regions for many days. Each of the three remaining indicators on the daily chart have been directed down by the dollar's rise to riches. Full Stochastics, StochRSI and RSI, each down and asking any market mover that will listen or bit of news for help up. EUR/USD Reaches Target EUR/USD reached our ST 4th channel extension target at 1.3945 overnight, bottoming at 1.3936. This should complete the ST down-cycle, and the angled gray cycle shown also completed four channels at that level, reinforcing the validity of the bottom. Whether we merely correct the ST down-cycle now or begin a new MT up-cycle remains to be seen, as we have conflicting signals in the LT. EUR/USD, Trade with The Trend The Bollinger Bands still open wider to accommodate the EUR/USD's march into the depths of the dollar's unforeseen ride to power. Each of the other indicators, Full Stochastics, StochRSI and RSI are at the bottom of their windows and asking some bit of news or group of market movers to lift them from the depths. On the 28th that lift will not come in the form of news, the heaviest items for this pair today cancel each other out. Dollar's Days are Done on EUR/USD Today the Bollinger Bands are even wider, ready for more movement. Each of the other three indicator windows, Full Stochastic, StochRSI and RSI is ready for the EUR/USD pair see some upward movement. EUR/USD Breaks Down Out Of Consolidation After trading sideways most of Monday, EUR/USD has dropped down out of consolidation after reaching our 4th channel boundary at 1.4179 (light blue). A new ST down-cycle is likely forming, with tentative projections at 1.4036, 1.3999 and 1.3962 (orange). If we correct up higher than resistance at 1.4110, then those targets will change. EUR/USD, At Home on the Range Each of the hottest news items for the Euro and U.S. Dollar on the 26th are forecast to favor their respective currency. That will cancel any benefits that these news items might have had for their respective currencies for the day. Bollinger bands on the EUR/USD's daily chart are spread wide and foretell of potential volatility. That volatility, if the Full Stochastic, StochRSI and RSI have their wishes granted will be come in the form of upward movement. USDCAD Trend Remains Positive EURUSD bulls did bounce off by support level, however while trend line is still valid and not broken, bears are in better place for now. According to the recent bulls movement, lack of strength can initiate another bears downside slide. At the moment, waiting action with selling possibilities are better options to look into. Kiwi Holds its Own Against the Greenback in the FX Market The Kiwi has had a phenomenal ride against the Greenback for nearly a year. It is the single largest percent gainer amongst the G-7 over that period of time. The Dollar has gained some strength as of late and commodity currencies have been selling off as China acts to curbs excess liquidity in the market. Thus, since January 14, 2010 the NZD has been the biggest loser against the USD, giving up 2.81% Dollar's Death Begins with the EUR/USD Uncomfortable at the extreme lows relative to recent weeks, the EUR/USD has slowly been crawling up on the daily chart for five days. Bollinger Bands, Full Stochastics, StochRSI and RSI are still low and ready to help with the lifting work. The Existing Home Sales news release will add extra impetus at 10:00am est. The dollar seems to be on another death march. EUR/USD Correcting Higher in the Forex Market EUR/USD corrected up to our 1.4183 level Friday, and subsequently pulled back to 1.4123. A further pullback is possible, but will likely hold the 1.4086 or 1.4066 support levels EURUSD Wide Trading Range is Formed EURUSD wide trading range is formed now between support and resistance barriers, trend remains negative. Even though bulls are trying to go for a reversal movement, bearish situation is strong enough to drag and decline price further downside. At the moment, waiting action is better to take while bulls calms down. EUR/USD, Technicals, Overruled by theTrend No heavy hitting news releases today, forces the Bollinger Bands, Full Stochastics, StochRSI and RSI to determine the fate of the EUR/USD. In stoic, black and white terms, the Bollinger Bands want the price to go up, the Full Stochastics want the price to go up, the StochRSI wants the price to go up and the RSI wants the price to go up. EUR/USD, Technicals, Overruled by theTrend No heavy hitting news releases today, forces the Bollinger Bands, Full Stochastics, StochRSI and RSI to determine the fate of the EUR/USD. In stoic, black and white terms, the Bollinger Bands want the price to go up, the Full Stochastics want the price to go up, the StochRSI wants the price to go up and the RSI wants the price to go up. EUR/USD, Technicals, Overruled by theTrend No heavy hitting news releases today, forces the Bollinger Bands, Full Stochastics, StochRSI and RSI to determine the fate of the EUR/USD. In stoic, black and white terms, the Bollinger Bands want the price to go up, the Full Stochastics want the price to go up, the StochRSI wants the price to go up and the RSI wants the price to go up. EUR/USD, Technicals, Overruled by theTrend No heavy hitting news releases today, forces the Bollinger Bands, Full Stochastics, StochRSI and RSI to determine the fate of the EUR/USD. In stoic, black and white terms, the Bollinger Bands want the price to go up, the Full Stochastics want the price to go up, the StochRSI wants the price to go up and the RSI wants the price to go up. USD-Back with a Vengeance It is January 20th, 2010 and the Dollar is back with a vengeance today. We have been keeping an eye on the Canadian dollar as it has been playing the technicals almost perfectly. EURUSD Bears in Control EURUSD below significant barrier at 1.4279 bears did initiate a negative trend by a sharp break. While candles remain below this level, look for selling possibilities. Bears are controlling the situation for now. EUR/USD, No New Lows Both heavy news items for the EUR/USD pair are forecast in different directions. So lets turn to the technicals for further insight into potential possibilities for profit from this pair. JPY – the Epitome of Volatility The USDJPY has been the epitome of volatility over the last year. Much of that volatility arises from the Greenbacks recent (unofficial) appointment as the financing currency for the carry trade. EUR/USD, Grab your Skis & Enjoy the Ride Down The Bollinger Bands are falling like a meteor and bringing the other three indicators with them. The Full Stochastic, StochRSI and RSI put to the daily EUR/USD chart are all aimed downward and are moving so sharply that way, they are unlikely to stop soon. Price action would dictate a retracement of course but this movement has rushed past the resistance and support levels many have put to their charts, it will stay around this level for a few more days at least. EURUSD Bouncing Between Support and Resistance EURUSD, resistance level at 1.4466 holds bulls from further climbing towards next resistance barrier at 1.4540. Possible channel creation for now, it can be extended back to resistance barrier at 1.4466. At the moment waiting action remains and short term bouncing between current support and resistance levels is expected. EUR/USD, The Dollar Has it's Day Each indicator window, Bollinger Band, Full Stochastic, StochRSI, RSI has it's indicator bound it the centerline. Price action has pinned this pair to the 1.4400 area. The Bollinger Bands, Full Stochastics and StochRSI have come down and might, threw a retracement bring the pair up a bit, with the RSI's help, because it has been under the centerline for a long time. EURUSD Possible Formation of Consolidation EURUSD,bears are controlling the situation below ex-support at 1.4466 price level. It looks like bears are heading towards another significant barrier at 1.4272. A breakout by this level, can initiate strong negative trend. For now, waiting action remains, possible formation of consolidation. EUR/USD's Retracement Continues the Rise The uneventful open to this week, keeps the price action still asking for a move upward. Bollinger bands and RSI are voting for a move upward while the Full Stochastic and StochRSI windows are voting for a move downward. The EUR, Are you Confused? The EUR shares a commonality with the Greenback. Together they form the most traded currency pair of all the pairs available to trade. Look at the largest economies that make up the global landscape and it becomes apparent why. At times it also makes it one of the more difficult pairs to trade. Volatility will often stop out even the most skilled of day traders. Releases help dollar continue strength gain The EUR/USD's Bollinger Bands and RSI and centerlined and the StochRSI and Full Stochastic are looking for a excuse to move downward. Price action seems to not want to allow that excuse but would rather allow the march upward for the Euro to continue. Both heavy news items tomorrow look beneficial for the dollar, I think the price action will be overruled. Dollar's Forecast Grim on EUR/USD All the heavy news items bombing the EUR/USD pair today look terrible for the dollar, so today's futile analysis with the technicals on these charts goes something like this. Bollinger Band's, Full Stochastic, StochRSI all touching heaven's front door, while the RSI window shows the RSI still climbing the front steps EURUSD Did Not Stay Above Resistance EURUSD bulls did manage to stay above resistance level, however low trading range has formed. This action provides first signs of bulls lack of confidence. Trend is not established yet. Waiting action continues with possible buying opportunities, however more bouncing is expected above resistance barrier. EUR/USD, Range-Bound, Waiting for Tomorrow With no major news for the EUR/USD pair today, I have only Bollinger Bands, Full Stochastic, StochRSI and RSI to go by for direction. Each indicator is far above it's respective centerline except the RSI, which is wrapped around it's centerline. The price action has been exploring the higher reaches of a weakening dollar but only finding strength around the 1.4500 area. Closer Look at Yen Appreciation There were a number of great intra-day technical plays across the G10. We will focus on the Yen as it appreciated the most, gaining 1.31% on the Greenback. The price action is usually more substantial when a varied assortment of indicators, chart patterns, time frames, and oscillators all arrive at the same entry point. EURUSD Bulls Slowly Recovering EURUSD, bears have tried to decline the price, however bulls are slowly recovering it after the sharp fall. While bulls keep themselves above ex-resistance at 1.4444, look for buying opportunities. Above 1.4545 price level, bulls can initiate a positive trend. A Race Towards Parity The Loonie flirted with Dollar parity back in late October of 2009. However, the BOC stepped in and expressed its dismay over the Canadian Dollar strength, issuing harsh statements that a strong CAD would stymie the economic recovery. Shortly thereafter the CAD lost nearly 6.5%. EUR/USD, Dollar Going Down Again The EUR/USD is trying to escape the Bollinger Bands and the Full Stochastic the StochRSI is trying to follow. Only the RSI is still at it's centerline. The bad employment news for the dollar last week will allow these indicators to push this pair out the top of your monitor. Trade Balance news below is also not forecast to be helpful for the dollar's efforts to be a strong currency. A retracement happened yesterday and the 1.4500 area looks like it will last. EURUSD Break Resistance EURUSD bulls did show their strength by breaking significant resistance barrier at 1.4444 price level. Above this level, bulls are looking forward to extend their current movement. However, neutral situation is still active for this pair, no trend is established yet. EUR/USD's Technicals Reaching For the Sky All aiming upward and each above the centerline, they are bound for a retracement soon. The upward climbing candle price action is also likely to support this. The EUR/USD is dancing in the clouds in the Full Stochastic, StochRSI windows and with the Bollinger Bands. Measuring Against the Greenback While the Forex Markets struggle to find direction to we thought it would be worthwhile to review S&R levels on the EUR and JPY versus the Greenback. We have mentioned in some of our recent pieces that when the markets move sideways we look for intra-day plays as volatility moves the market by 150+ swings a day, however, we never want to lose sight of the bigger picture. EUR/USD, Running the Gauntlet Today Range-bound with it's price action, lets look at the four technicals for further wisdom from the black abyss of the forex. The Bollinger Bands and RSI request gently a move upward while the StochRSI counters that and the center-lined Full Stochastic is out for this one. The momentum for the most technicals seem to want to carry the price downward and that agrees with the trend. Hopefully the three hour charts will reveal something for a shorter term. Dollar Bear or Dollar Bull? Investors are pondering this very question. Three weeks ago the answer was a resounding Dollar Bull. Just 9 months prior, though, the answer was an unequivocal, Dollar Bear. So what changed? EUR/USD, Unemployment Up, Dollar Down Bollinger Bands and StochRSI are riding high, while the RSI and Full Stochastics are in the mid-range. Price action does not reveal anything significant. A slight downward movement is the only thing the four technicals this EUR/USD's daily chart will reveal, how generous of them. EURUSD Bears Overcome Bulls EURUSD bears overcome bulls side one more time by declining the price. Resistance level has moved up at 1.4444 price level. Today we should see another test of support level, a possible breakout can initiate stronger downtrend slide. Waiting action remains with selling possibilities. EURUSD Very Choppy The EUR has been very choppy since hitting its most recent low back on December 22nd. As traders reposition themselves for the start of this year we wait for new trends and correlations to emerge. In the interim we seek to find ways to generate PNL on intra-day moves using shorter time frames. EUR/USD, Dollar still Winning the Fight The StochRSI wants to keep the RSI down, the price is low in the Bollinger Band and the Full Stochastic is mid-ranged. The forecasts for the hard hitting news items for the EUR/USD tomorrow are looking good for the dollar and that is line with the trend, your friend. USDJPY Bulls Are Safer USDJPY, bears are trying to drag this pair downside towards support level at 91.16. At the moment bulls can feel more safe above support level, trend remains positive. It is better to wait for now. USD Begins New Year by Losing Across the Board The New Year is off to a volatile start with Dollar losing across the board. If we are not in an existing position then trading the intra-day trends on a fast time frame can present some decent opportunities. EUR/USD, Home Sales Support Weak Dollar The recent move upward will be held strong by the likely Pending Home Sales numbers, which are not looking good for the dollar. Though the pair is high for the Bollinger Bands and the StochRSI, it is around the centerline for the Full Stochastics and RSI. More signs say the EUR/USD will be moving up on the fifth, so that is where I will place my bet. EURUSD Doesn't Break Resistance EURUSD bulls didn't manage to break resistance level after second attempt. A rebound back to support level occurred, at the moment waiting action is better to follow in order to confirm a possible breakout of support level. While resistance and support levels stay active, further bouncing between these barriers are expected. Closer Look at the Loonie The Loonie has been range bound against the Dollar since the beginning of November. When candlesticks move sideways for extended periods of time, trades refer to price as consolidating. In the chart below notice how the CAD went from trending to ranging to mini break out and then back to ranging. After an extended period of consolidation, expectations of a break out increase. EUR/USD, The Trend Won't Bend Price action is comfortable at 1.4300 and moving downward. Full Stochastics and RSI would like to bring things higher though. The 14,2 Bollinger Band indicator is about in the center and the StochRSI is trying to keep the RSI down. Anyway... not everyone is looking at the same technical indicators or interprets them the same way, what will move the market is, the hard hitting news for this pair tomorrow and it bodes well for the dollar and will help keep the downward trend in line. EUR/USD, Going Up The daily chart for the EUR/USD has kept the four technicals committed to it, grounded and begging for upward movement again. Bollinger Bands, Full Stochastics and RSI are each asking the pair for the same thing price action will easily allow. Only the StochRSI will disagree, it wants the RSI to stay down for a bit longer. With the low volume at the end of the year, December 31st will likely be a range bound day, trade at your own risk. Deeper Forex Insights The EUR has fallen roughly 6% since reaching its high for the year back in late November. Here are some key levels of Support and Resistance. A breach of these levels would trigger a continued directional play. EUR/USD, Take the Trend's Ticket Each of the four technicals except the StochRSI the daily EUR/USD chart enjoys is asking for a move upward. The Bollinger Bands, Full Stochastics and RSI each are in line with a retracement that the price action looks like it would support. The trend is your friend though remember, I would still short the highs and ride it for all it is worth. The Velocity of Price Measuring velocity can be difficult. The accuracy of the measurement is often dependent on what is being measured. Charts as we all know are subject to manual manipulation. This means that altering the view from a minute chart to a daily chart, or increasing or decreasing the time horizon will make the chart appear differently. In the graphs below, one side is a 3yr tenor and the other a 1yr tenor. Compare how vastly different the current time period presents itself between the 2 graphs. EUR/USD, Dead Today London and Canada are taking the day off, so liquidity and spreads might not be the same for many brokers, be careful when entering a trade. No hard hitting news for the EUR/USD pair is released today also. Bollinger Bands, Full Stochastics and RSI are ready still for a move upward. Stay in the Trade? Most analysts were prepared for the EUR to go short once the EUR broke the 50 SMA, which had been holding support since April 2009. If you followed that advice you are doing great, except one issue. The EUR is 150 pips off its recent low. Did you miss the bottom or is this just a minor retrace? EUR/USD Second Floor for Me Please The EUR/USD's descent has stopped and the Bollinger Bands, Full Stochastics, StochRSI and RSI are starting to lift and show some comfort for the pair at the 1.4300 level. Price action still will allow for some lift and the indicators, all below their centerlines, are all more than willing to allow for a jump up in this pair. EURUSD - How Low Will It Go? Well hopefully you entered this Short EUR position when the candle appeared below the 50 day MA. If you did then you are ahead 600 pips. The next question is how do I know when to exit the trade and realize my PNL? This is a very important component of trading. Before you enter every trade you not only need to establish a stop loss but also a profit target and a contingency plan. EURUSD Sharp Movement Downside EURUSD after sharp movement downside near support level, bulls made a recovery progress. At the moment waiting option is better to take while low trading range will end up. Further bouncing is expected. Yen Difficult to Trade with Regularity The Yen has been volatile at times this year and thus very difficult to trade with regularity. In recent days a number of technical indicators have been triggered to warrant a potential Short JPY position. The 50 day MA was breached last week, but due to volatility, that by itself is not a lone trigger. Home sales forecast more power for Dollar The dollar again defies price action on the EUR/USD daily chart. Wrapped around it's 1.4350 support and defying the Bollinger Bands, Full Stochastics, StochRSI and RSI indicators, it seeks new strength against the Euro while waiting for the good existing home sales numbers forecast for the United States on the 22nd to gain even more. EUR/USD, at Home on the Range Riding support at 1.4300, price action from the past couple weeks shows some desire to move upward. The Bollinger Bands, Full Stochastics, StochRSI and RSI on the EUR/USD pair are all as low as they can go. Each is begging to be pulled off the floor by the pair. Technical indicators are lagging however and will not tell with certainty when the next powerful retracement will happen. EURUSD Negative Trend Active EURUSD negative trend is active. Concentration near support level is formed which can indicate a short term upswings. At the moment, waiting action is better to take with selling possibilities below trend line. Connection Between CHF and AUG Gold has fallen 10.59% since reaching its all time trading high on December 3rd. There has been a long standing historical positive correlation between the change in the price of Gold and the Swiss Franc. Over the same period of time the Dollar has had its best rally in more than 9 months. EUR/USD, Ride it Till The End Technically the EUR/USD should clearly be going up. Bollinger Bands, Full Stochastics, StochRSI and RSI do not need any long interpretation to see that. Price action is also marching in lock step with these four technicals on the daily chart also. The sentiment and feelings of market movers around the globe is what moves the market though. EURUSD Forms Low Trading Range EURUSD did form a low trading range between support and resistance, however bears once again did manage to breach out by support level. Further slide downside is expected, bears are controlling strongly the situation. At the moment negative trend is valid, but short term upswings are possible today. EUR/USD - The bottom Each indicator put to the EUR/USD's daily chart, the Bollinger Bands, Full Stochastics, StochRSI and RSI is wrapped around its bottom point and withering from lack of sunlight. The Bollinger Bands are wide open and that sign of volatility would allow a move upward to happen. Price action also would support a strong move upward with a long overdue retracement. Analisi Tecnica euro/dollaro 17 dicembre 2009 La coppia euro/dollaro ha formato un basso range di scambi tra il supporto e la resistenza, tuttavia, ancora una volta il movimento rialzista è riuscito a violare fuori dal livello di supporto. Is the CAD Headed for a Breakout? The Canadian Dollar from a technical standpoint is giving every indication it is going to breakout. Price has been consolidating for several weeks. You can see more clearly the consolidation in the Chart below depicted by the orange triangle EUR/USD, technically it should go up, will it? Wrapped around their bottom lines the Bollinger Bands, Full Stochastics, StochRSI and RSI on the daily chart are screaming for a more significant retracement. Price action shows support at each week's close going down for the EUR/USD pair, so the climb back up will likely be a long one. EUR/USD: A long is long overdue The hard hitting news items of the day for the EUR/USD pair counteract each other so we must see what the Bollinger Bands, Full Stochastics, StochRSI and RSI have to say. Each is far below their centerline or touching it. This shows a readiness for the pair to have a overdue retracement on the daily chart these indicators are attached to. EURUSD: Look to Sell EURUSD bears remain in a control of current situation. Despite the recent bulls attempt to climb above ex-support level at 1.4681, bears are in good shape. At the moment selling options are better to look for below ex-support barrier. EUR/USD Ranging Upward Bollinger Bands, Full Stochastics, StochRSI and RSI when attached to the daily chart, all want the EUR/USD pair to rise up from it's 2 month low region. Price action shows some resistance around 1.4600, a nice round number, which often has a strong psychological effect of delaying a pair's passing threw or not allowing it to pass. Euro – Headed for a Tailspin? The EUR is perilously close to falling into a tailspin. We have been stating for some time that a candle appearing below the 50 day Moving Average (MA) would generate a strong signal for a Short entry. As you can see in the Graph below that signal occurred last week, with the 50 day MA currently holding at 1.4880 while the EUR is trading at 1.46. Technicals and price action agree on the EUR/USD Price action of the last four days has had higher lows, this pair is moving up. Bollinger Bands, Full Stochastics, StochRSI and RSI when put to the daily chart for the EUR/USD all are ready to lift it up. EURUSD Best to Wait EURUSD-Although currency price doesn't change for some time, the situation is bearish because trend is still negative. So it's quite difficult for the bulls to go into the market. Wait for a better option to go into the market. EUR/USD Direction Change The four technicals on this EUR/USD daily chart are far enough from their centerline to foretell a imminent retracement, within the next week. Bollinger Bands, Full Stochastics and StochRSI have bottomed out and if the retracement has not happened by then the RSI will be at the bottom with them as well. Price action shows a support level at 1.750, I would keep any trades made, long. EUR/USD, technically it should be going up What do the technicals say today? Bollinger Bands, Full Stochastics, StochRSI and RSI all are in agreement that the EUR/USD is oversold and is ready for a bounce off of the bottom Bollinger Band moving average. Straying far from their centerlines, all in the same direction, they are due for a run back home to safety, in this case, up. Price action, I think is clear, upward. Pound Range Bound Since May The Greenback continues to rally and we are approaching pivotal handles across the G-10. The GBP has been range bound since the end of May, so much so, that it is the worst performing currency against the Dollar amongst the G-10 since May 25th. Currently the 100 day MA is sitting above the 50 day MA which is indicative of a falling price environment. EURUSD Negativeness for this Pair is Getting Stronger EURUSD negativeness for this pair is getting stronger, below support level bears are in better shape. According to previous bearish moves, support level stood as significant barrier What If the Dollar Takes Off? We are not suggesting the Dollar bulls are running wild, however, every rally in hindsight has a defining moment. Every trader on the street is aware that when the Dollar bulls get set free they are going to come charging. Even if you are a skeptic to the end just the mere massive unwinding of the carry trade would rocket the Greenback. EUR/USD Sentiment will Keep it Down Bollinger Bands, Full Stochastics, StochRSI and RSI far below their centerlines, the EUR/USD is ready to ascend. With the StochRSI far below it's center line, it is ready to pop the RSI up and as a result, in a vacuum, the EUR/USD. EURUSD Rebound is Possible EURUSD after consolidation between previous support at 1.5034 and resistance 1.5135, new barriers were created. Support level at 1.4840 stands as a significant level for bears and bulls, this barrier holds bears side from further falling. At the moment a rebound back to resistance level at 1.4975 is possible. Dollar Bear Ready for Hibernation?
The Greenback has been offered across the board since March 2009. As long as risk did not rear its ugly head investors were
selling the dollar in favor of better yielding assets. When risk showed up at the Market's doorstep the Dollar was right
there with it ready to regain market control
EUR/USD, Moving On Up The EUR/USD's Bollinger Bands, do not offer much volatility to move the price away from the range bound forecast the Full Stochastics, StochRSI and RSI offer. Price action however is pleading with the pair for a significant move upward, to a stable area around 1.4950. Bollinger Bands, Full Stochastics, StochRSI or RSI are straying far enough None of the four indicators, Bollinger Bands, Full Stochastics, StochRSI or RSI are straying far enough above their centerlines to demand a drastic movement of the EUR/USD on December 4th. Price action does not deliver any certain signals for me on the 4th. EUR/USD Overbought, Technically Uncommonly the four technical indicators the EUR/USD's daily chart enjoys are straying quite far from their respective centerlines. The Bollinger Bands, Full Stochastics, StochRSI and RSI agree, the EUR/USD is overbought. EURUSD Bulls Are Confident EURUSD positive trend remains for this pair, above this barrier buying options are better to look for. However in order to reach new highs for bulls side, 1.5120 barrier needs to be broken. At the moment, bulls have enough confident to extend their current move. Technicals & ADP Forecast Say Sell the EUR/USD Highs until the News Release Price action on the EUR/USD's one day chart has it ready to enjoy a small trip down to around 1.5050. The Bollinger Bands, Full Stochastics, StochRSI and RSI are far enough above each of their centerlines to signify a retracement to around the 1.5050 level on December 2nd. EURUSD Show Strength EURUSD bulls have shown their strength, resistance level was a strong barrier for bulls side. Above this barrier, bears are in danger whereas bulls are controlling the current situation. Buying options are better to look for but it should be done with a care. Fibonacci Does it Again! Fibonacci tools never cease to amaze me. The question becomes do they predict or become a self fulfilling prophecy? In the end it may not matter. Buy the EUR/USD's Lows Before 10 est Bollinger Bands, Full Stochastic and RSI hint at a slight downward movement on the daily while the StochRSI looks like it is happy to see things stay where they are. Price movement for the EUR/USD's daily chart does not offer any solid clues. Lets turn to the three hour chart then. Technicals & Chicago PMI Agree, EUR/USD Above 1.5000 The EUR/USD's daily chart price action is indicative of a slight retracement to at least around 1.5050. The Bollinger Bands, Full Stochastics, StochRSI and RSI do not have any argument against that and support it a bit. EUR/USD Now Comfortable Above 1.5000 and will Stay There Price action on the EUR/USD shows a likely retracement to and possibly threw the popular 1.5000 line Friday. EUR/USD Will Fall to it's New 1.5000 Support Level With the Bollinger Bands, Full Stochastics, StochRSI and RSI saying the same thing on the one day EUR/USD chart, it seems like that pair is due for a retracement after yesterday's jump over the 1.5000 hurdle. EURUSD Bulls with Better Oppurtunities EURUSD bulls have shown their strong strength by reaching resistance level, a breakout of resistance can influence bears to surrender for a while and bulls have opened road. For now, bulls still have better opportunities. EUR, GBP and AUD Support and Resistance As the market continues its sideways movement it is a good idea to keep cognizant of important key levels of S&R as well as the 50 SMA and 100 SMA. When markets move sideways for an extended period of time ensuing price action on a breach of major S&R or an MA can be quick, therefore you want to be in a position to execute. Technicals and Price Action Agree, EUR/USD Going Down Today Price action on the daily chart is close to the mental barrier of 1.5000 and each of the four technical indicators is rather high above it's centerline for the daily chart. EURUSD Further Jumping is Expected EURUSD new support and resistance levels are formed, it looks like wide trading range is formed between these two barriers. While candles remain in this area, further jumping is expected. For now, while support holds, bulls are in better shape. Review Commodity-Linked Currencies Most majors have been range bound for the last month and some even longer then that. If you play support and resistance then your entries points are relatively defined. However, what do you trade when handles are in between S & R? The EUR/USD's Wild Day will Not Break 1.5000 Three technicals on the EUR/USD are slightly above the centerline. The Bollinger Bands, Full Stochastics, and RSI are saying there is a likely gently down moving trading day in store for the 24th. EURUSD Short Term Upswings Expected EURUSD candles have been locked between support and resistance levels for a long time now. By each rebound by support level, this barrier gets stronger and more significant for bears side. Today we can expect short term upswings towards resistance level. Just below support level, bears can feel more confident. GBPUSD – A Closer Look Range bound trading continues. It is especially obvious when MA is moving horizontal. Notice on the daily Cable chart below that the 50 SMA has been horizontal since late July while the 100 SMA turned horizontal in late September. Negative Development: Dollar Will Have EURUSD over 1.5000 The Bollinger Bands, Full Stochastics and RSI are venturing above their centerline on the one day charts while the StochRSI is remaining close to it's centerline. EUR Failed Twice to Gain Momentum – What Now? The EUR is sputtering once again after failing twice to gain momentum after breaching 1.50. We are closing in on some very pivotal handles on the EUR. Moving Averages are important not only because what they represent but also because they are very closely monitored by forex traders. The implication of investors all buying or selling based on a particular occurrence is that price will move substantially, such that significant PNL can be generated. EUR/USD's Price Action Reveals it's Intentions when it's Technicals are Mute Recent one day chart price action for the EUR/USD has show the pair has a affinity for the 1.4920 area. With no hard hitting news for this pair on November 20th the EUR/USD is likely to stay surely under the 1.5000 line. EURUSD Bears and Bulls Calmed Down EURUSD bears and bulls calmed down, at the moment situation is very silent with low movements. However, according to bulls activity, they do struggle to reach resistance level. For now waiting action remains for this pair. EURUSD Stays Positive EURUSD stays positive, however bulls are struggling to reach new highs, resistance level stays still active. However, further jumping is expected, but while support line holds – bulls have chances to recover. For now waiting is better option. EUR/USD's Technicals Tell Nothing for the 19th Price action on the daily chairts for the EUR/USD is not revealing anything. The Unemployment Claims news should get things moving on the 19th though. The forecast for those claims is not looking good for the dollar. EURUSD Recovers Once Again EURUSD bulls did manage to recover once again, support level stands as strong barrier which keeps bulls side from further falling. Buying options still remain for this pair, just below support – bulls are in danger. JPY Loses Ground vs Every G10 Currency Besides the Dollar The Yen has lost ground to every other currency in the G-10 except the Dollar, since March of 2009. The BOJ has always favored a weak currency as it supports their large export business which accounts for over 20% of their GDP. EUR/USD Oversold, Buy on a Downward Spike, Lock in Profit and Ride up as Far as you Dare All four technical indicators, Bollinger Bands, Full Stochastics, StochRSI and RSI don't seem to have anything in store for the 18th trading day on the one day charts. Price action on the one day charts seems to suggest a upward movement that many fundamental traders agree with. One day technicals though, want a range bound market on November 18th. EURUSD Looking Positive Ahead EURUSD despite the extreme spike low, bulls did manage to recover. Flag pattern formed after downswing, it can suggest another short term downswing, however this pair is looking positive and resistance line can be tested today. Analysis of All Currencies Down Under The Aussie continues to strengthen against the Greenback and is now retesting short term resistance at .9343. Easy Short Entries Available while the EUR/USD Plans it's Next Attack on the 1.5000 Line A doji candlestick on November 15 makes it clear 1.5000 still holds some strength as a resistance pointb if it was not clear already. EURUSD Bears Didn't Manage to Enter Below Support Zone EURUSD bears didn't manage to enter below support zone, this action influenced bulls to step up and rebound occurred which is moving towards resistance level. EUR Struggles to Break 1.50 Handle The EUR continues to struggle to break the 1.50 handle. Last week, the EUR on a daily chart, completed the formation of a double top just above resistance at 1.50 [shown in the red boxes in the chart below] EUR/USD Ends the 16th Under 1.5000 Again Price action on the one day charts wants some down trend action to take place. Bollinger Bands, Full Stochastics, StochRSI and RSI all agree but not strongly. I feel the 1.5000 level will hold November 16th and easily. Good News for the USD Both hard hitting News items for the EUR/USD pair looking good for the dollar, might mean the 1.5000 mark might last a bit longer. Bears to Creatte a Reverse Trend Point Although the market is bouncing back and forwards between two barriers, resistance and support, there is a possibility for bears to create a reverse trend point. EUR/USD's 1.5000 Will Hold it's Ground Again on the 12th Unemployment claims are expected to be about the same as they were last week, so lets look to the technicals for the EUR/USD. EURUSD Further Bouncing Expected Candles remain between support and resistance levels, while support level stays active – bulls have more options at current situation. Range Trading versus Trading in Trending Markets Perspective is quite valuable regardless of what instrument or product you trade. Your forex trading style will vary when range trading versus trading in trending markets. The Chart below is a monthly candle on the GBPUSD. EUR/USD Not Bound for the Border Yet The RSI, StochRSI, Full Stochastic and Bollinger Bands all have the same verdict on the daily chart. They agree the EUR/USD should move down a bit, I feel to the 1.4900 range. EURUSD Bulls are Successfully Climbing Up EURUSD bulls are successfully climbing up, while new support level stays active, bulls have more possibilities at current situation. EURUSD and Elasticity The EUR now looks poised to continue its breach of resistance and head north to 1.5265. One of the factors that we consider when looking for technical entry and exit points is the speed at which price is moving. EUR/USD 1.5000 Still Holding Strong, But For How Long? Bollinger Bands and the RSI speak of a gentle downward movement on the 10th, while the StochRSI and Full Stochastics want a rangebound day on the daily chart. USDJPY Bears Have Strong Chances USDJPY concentration by support level can show bears stronger activity rather then bulls. For now waiting option is better in order to confirm a possible breakout by support level. USDCAD Can Rebound Back to Resistance Very erratic movements, it looks like that bulls and bears can easily change the direction. USDJPY Displaying Volatility USD/JPY: The Dollar Yen has been relatively volatile as of late. On the chart below there are levels of support and resistance indicated by the bright green horizontal lines. We have now tested 89.90 twice on the close. EURUSD Buying Options Still Viable EURUSD bears couldn't stay below the resistance level, and bulls once again made a strong positive slide by breaking the resistance level. EUR/USD'S Defensive Line Will Hold This Monday With neither the Bollinger Bands, Full Stochastics, StochRSI or RSI straying far enough from the centerline on the daily chart. GBPUSD Top Boundary Needs to be Broken This pair did calm down now after a breakout of resistance level, concentration after previous positive movements, can initiate further upside slide. Technicals Overpower the News Today, the EUR/USD Goes Down The two most powerful news items for the EUR/USD today on November 6th should contradict each other, so I look to the technicals. USDCHF Breakout of Support Level This pair is trapped between resistance and support levels for a long time, while candles remain in this neutral area, further jumping is expected. EURUSD Bears Overcoming Bulls EURUSD even though bulls did manage once again to jump out of neutral area, bulls are still not that confident as they should be. USDCHF Bulls Trying to Recover the Price After long way downside, bulls are trying to recover the price. CAD To Continue Strength Against USD The EUR is still seeking some direction having just bounced off of support of the 50 day MA. In the daily EUR Chart below we once again are looking to our Fibonacci levels in search of some key handles. GBPUSD Look for Possibilities to Go Long Bulls strength stays for longer term, at the moment an attempt to reach resistance is valid. EUR/USD at Home on the Range The only news with a forecast, or a forecast that differs from the previously released figures and is worth putting any commitment to, is USD's Unemployment Claims at 8:30am est. EURUSD Bulls Show Strength EURUSD once again bulls showed their strength by climbing above resistance. USDJPY Buying Options Available Consolidation above resistance level, however this might not last long, according to the current trend, bears have more options, but bulls attempt above resistance shows first signs of recovery. USDCHF: Better to Wait This pair has created some sort of channel which is sliding downside towards support level, however trend for this pair is positive. GBPUSD: Erratic Movements Make it Risky A breakout of resistance level did influence bulls to extend their movement by uptrend. For short term trades this is good option, but in a long run this pair is still standing in neutral zone. Good news day for the dollar will move EURUSD up Below are the heavy news items that have changing numbers in their forecast, for November 4th. Both releases look good for the dollar. EURUSD: Selling Options Still on the Table EURUSD bears did show their strength by sliding downside with sharp break of support level, despite this break bulls slowly, but have recovered the price. Expect the Unexpected this Thankgiving ! Ever wondered why November brings the unexpected volatility every year? From a trader’s perspective moves could be very similar to Nov-Dec 08’ moves in financial markets especially FX markets. GBPUSD has Potential to Slide Further Downside A breakout did occur sharply by support level, this movement did influence bears to step further according to current movement downside. USDJPY: No Trade is Best Action This pair did rebound by resistance level which initiated further downside movement. Kiwi Declines Against USD The Kiwi declined the most against the Greenback last week, compared to the rest of the G-10. On October 28th the RBNZ kept rates on hold. EURUSD Negative Trend Stays Active EURUSD negative trend stays active, despite the jumping back and forwards, this pair has more chances to slide downside. A Slow Dance up for the EURUSD The EUR/USD bounced off 1.4850 on Nov 2nd and as I write this is climbing back up from 1.4775. Bollinger Bands, Full Stochastics, StochRSI and RSI on a daily chart say a slow climb up is still to come. USDCHF: Reverse Point to be Formed Even though this pair did fall down, this movement didn't change current trend state. At the moment look for buying opportunities while support level is active. GBPUSD: Waiting is Best Option Very sharp movements downside, bears are sliding downtrend towards support level. According to previous moves, bears couldn't manage to breakout by support level. USDJPY: Selling Actions Required This pair is trying to recover by jumping above support level, however this movement is not sharp and bears are still in control of situation. Pound Continues to Trade in Specific Range The Pound has been range bound for some time. It is trading between 1.6650 and 1.61. Price action above or below those levels has lead to a number of false breakouts. EURUSD: Bears have More Confidence EURUSD resistance level is formed at lower level now, at 1.4856. This pair remains negative, selling actions are better to look into. Helping hands keep EUR/USD climbing upward By: Bradley C. Smith The distance Bollinger Bands, Full Stochastics, StochRSI and RSI have strayed, tell me the EUR/USD is oversold on the daily and 3 hour charts. GBPUSD Low Trading Range Formed Bears and bulls have calmed down and low trading range is formed for this pair at the moment. USDCHF Wait to Confirm Next Trends No power at all, bulls and bears are sleeping by the support level. GBPUSD Waiting Best Option for Now Resistance is broken but bulls are not feeling very well above this barrier. False break is possible, where prices will be pushed back to resistance once again. USDJPY: Look to Sell Support level stays as major factor for bears, this is a strong barrier in order to continue its current movement downside. USDCHF Positive Trend Not Broken Resistance level looks like is very strong barrier for bulls, potential breach by this level couldn't occur. While this barrier holds, bulls have issues in order to extend their current uptrend movement. AUD/USD and GBP/USD Daily Technical Analysis 29/10/2009 The AUD continues its recent retrace. Many traders use different time frames for different currency pairs. The longer the time frame the more valid the pattern you are charting is. EURUSD Strong Movement Downside is Continued EURUSD strong movement downside is continued, at the moment candles are formed in very low trading range. USDCHF Better to Wait After new highs, concentration is formed by resistance line. While support stays active, buying options are better to look for. GBPUSD is Neutral Bouncing between support and resistance levels are still possible further. USDJPY: Waiting with Selling Possibilities Best Option Concentration around support level is extended, bears and bulls can decide which direction to take. GoLearnForex Daily Technical Analysis 29-10-2009 We have noted several times a formation we refer to as a Step pattern. More commonly this is identified by Lower Lows and Lower Highs and vice versa. EURUSD Has Bears Controlling the Situation EURUSD became bearish and negative trend began. Under 1.4874 price level, it is better to take short positions. USDJPY: Buy, but But with Care Bulls strength is concentrated by the resistance level, today we can still expect to see a breakout by this significant barrier. USDCHF with Potential to Reach New Highs Boring movements, but with a potential to reach new highs. GBPUSD Slides Downward After recent highs, this pair slided downside and formed low trading range between support and resistance price levels. EURUSD Bulls Under Pressure EURUSD has entered neutral zone, after a breakout by resistance level, bears initiated further movement downside. Buy USDJPY with Care After recent low movements, bulls are still not giving up. GBPUSD: Waiting is your Best Option Very boring pair now after sharp movements downside. However bulls are not done yet, and this week we can expect a recovery of current price. USDCHF: Stronger Downside Movement Expected This pair is in consolidation in formed trading range between support and resistance. EURUSD: Look for Buying Possibilities EURUSD concentrated above resistance level, it looks like bulls have some issues in order to extend current positive movement. The Best Action with EURUSD is Waiting EURUSD bulls still stay above resistance level, however despite recent reached highs bears slowly are trying to decline the price. USD/CHF pair still looking downside Despite the bouncing, this pair is still looking downside. For now what bulls can do is just to try to push up the prices above resistance, however bears are more confident and negativeness for this pair is not lost. Selling is better option. Bulls are controlling USD/JPY Pair This pair is moving along big channel, while candles stay within valid channel buying options remain. At the moment bulls are totally controlling the situation and bulls goal was to enter above resistance where they can feel more confident. Buying option is better to take. EURUSD - Buying possibilities are better to look into EURUSD bulls remain with more activity, however slowly bears are taking further actions in order to push prices under ex-resistance level (1.4952). While candles still stay above resistance – buying possibilities are better to look into. Positive trend is strong enough to enter above 1.5000 price level. EURUSD To See Further Upside Movements EURUSD according to the current trend, another breakout by resistance level has enough potential which can favor further movement upside. Waiting is Still The Best Option With The EURUSD EURUSD bulls finally did manage to breakout by resistance level where all the eyes now are on bulls side. EUREUSD Still Strongly Bullish EURUSD a new ground is formed between support and resistance levels, this pair stays still strongly bullish. However it looks like bears are slowly trying to breakout by support level. EURUSD Pair Still Stays Positive EURUSD pair still stays positive, buying actions should be done with a care. Bears are trying to decline the price, where lack of confidence for bulls can initiate another movement downside. EURUSD Extends its Current Movement to Upside EURUSD has successfully extended its current movement to upside. Keeping long positions is good choice. EURUSD Technical Analysis October 14th EURUSD bulls activity was strong enough to make a breakout by resistance level in sharp way, for now buying options are better to look into. EURUSD Technical Analysis October 13th EURUSD resistance level once again is trying to note that this barrier is very strong for bulls. By breaking this level a continuation of prior movement should be extend further to the top side. EURUSD Technical Analysis Oct 12th EURUSD looks like resistance level is too strong for the bulls, for now this pair remains neutral but with selling possibilities under support level. EURUSD Technical analysis despite the recent positive candles, according to the previous moves the EUR/USD pair is jumping with big steps. EURUSD Technical analysis The EUR/USD stays in neutral area while candles are locked between support and resistance levels. For now resistance level stays as a significant barrier for bulls, if this barrier can be broken - a possibility of reaching new highs is possible. Potential breach by barriers can favor stronger movements. EURUSD Technical analysis Rebound didn't happen by support level and bulls managed to breakout by 1.4650 price level. At the moment this pair is in neutral area, however bulls are looking more positive than before. Another potential breach by resistance level is possible where buying actions remains. According to the previous bulls moves, this barrier is very significant for them. EURUSD Technical analysis EURUSD looks like bulls are not giving up, a movement upside above support level can influence bulls to take further actions by reaching resistance level. EURUSD Technical Analysis Sep 30th, 2009 EURUSD negative trend was extended, however bulls are not giving up easily. Another attempt to move above support level can influence bears to hide in a forest while bulls can climb up by confirming a break of negative trend. EUR USD Technical Analysis September 30th Today's movement in the Eur/Usd was small and not much room for trading. The opportunity for larger moves in the Eur/Usd may come tomorrow if we see a break of key levels. EURUSD Technical Analysis Sep 29th EURUSD trend remains negative, but it looks like bulls still have some gunpowder which can help to initiate another movement upside where trend line can be broken. EURUSD Technical Analysis Sep 28th EURUSD is starting to form sharply negative trend line after candles moved out under the support level. EURUSD Technical Analysis September 25th EURUSD bears couldn't manage to go under support level yet, however according to the previous strong movement upside this pair still has possibility to reach resistance and give another chance for bulls to break it. EURUSD Technical Analysis- Sep 24th EURUSD has moved under the resistance level, this level stands for a long time and if another break attempt is going to be done by bulls side we can expect to see previous extended trend. Eur/Usd: 1.5000 Here We Go Eur/Usd held the strong gains made during the previous sessions as the Dollar continues to slide. The Dollar lost value verses the Euro again and has been losing for many days in a row. EURUSD Technical Analysis- September 23rd EURUSD remains positive even though bears did attempt to slide downside. However, resistance line was tested and broken which increased bulls confidence even more. EURUSD Technical Analysis- Sep 22 2009 Eur/Usd has made strong gains during the Asian session as the Dollar continues to slide. The Dollar made a comeback yesterday but was short lived as the pair bounced off of the 1.4600 resistance level and continued to rise again. EURUSD Technical Analysis September 22nd EURUSD is bouncing back and forwards in a low range between support and resistance levels. Even though prices were declined, bulls instantly got it back above support price level. EURUSD Technical Analysis Sep 18th EURUSD upside movement did calm down for a while, but a trend still remains positive, however this trend line can be broken soon. EURUSD Technical Analysis- September 17, 2009 The Euro has been on a tremendous run on the Eur/Usd Pair over the last two weeks. You can see this strong run on the daily chart that there has been have had 10 straight days of gains. EURUSD Technical Analysis September 17th EURUSD remains positive, and trend still stays valid. Upside movement can be expected to be continued while the trend line stays and bulls are above resistance level. GBP/USD Technical Analysis- September 16th, 2009 The pound has been under pressure lately and we could see selling in this pair continue as the recent unemployment data was announced to have hit a 12 year high. EURUSD Technical Analysis- September 16th EURUSD bulls did break another resistance and extended their prior movement today too. Even though the moves are not that sharp, this pair and it's trend is looking only upside now. GBP/USD Technical Analysis September 15th This pair has been in a trading range for several months without a break out with the exception of a short break out in the first couple of days in August. EURUSD Technical Analysis September 15th EURUSD suggested the likelihood of an upside breakout in previous movements, for now this pair remains more silent than yesterday. EURUSD Technical Analysis September 14th EURUSD looks like bears want to pullback this pair to the lower level, if today this pair can manage to break by a support level at 1.4478 – a long way down can be expected. GPB/USD Technical Analysis The Resistance level of 1.6612 was broken through with great force yesterday, which is a bullish indicator that we may see movement to the next level at 1.7000. EURUSD Technical Analysis September 11th EURUSD did confirm yesterday's analysis, 1.4579 level was broken and bulls did extend their prior movement. EURUSD Technical Analysis- September 10th EURUSD did break the resistance level at 1.4516 and a continuation of prior trend is extended. If 1.4579 price level can be broken, another movement should be done to the top side. GBP/USD to Experience Volatility Today There is a resistance area around 1.6600 that has been tested recently and it appears as though the pair may be moving down to test the lower diagonal trend line support level. EURUSD Technical Analysis 9/9/09 EURUSD bulls remains very strongly and is trying to extend their further sharp movements towards 1.4619 price level. EUR/USD Technical Analysis 9/9/09 Euro/Dollar made a significant upward movement with around 200 pips on Tuesday as stocks and commodities gained. EURUSD Technical Analysis September 8th The EURUSD has calmed down, and for now is moving along the resistance level at 1.4326. If these candles can stay longer above resistance, bulls has more chances to reach new highs and a continuation of recovery may bring the top side on focus. EURUSD Technical Analysis September 7th EURUSD, after a long way downside, upside movement was the same. At the moment this pair stands as neutral even though previous moves were very positive. GBPUSD formed a short term cycle bottom GBPUSD formed a short term cycle bottom at 1.6113 level on 4-hour chart. Further rise to test the resistance of the upper border of the falling price channel is expected later today. EURUSD Technical Analysis- September 4th EURUSD a new resistance was created at 1.4326 where the gap between support at 1.4204 and resistance is lowered down comparing to yesterday, however this pair still remains in neutral position. EURUSD Technical Analysis- September 3rd EURUSD bulls did manage to push back prices above 1.4220 level which was a significant level for both sides. EURUSD Technical Analysis September 2nd EURUSD has shown some negative moves, a first sign was a break of support level. At the moment the movement downside can extend, however a 1.4220 level is another barrier for bears. EURUSD Technical Analysis September 1st EURUSD remains neutral, support stays at 1.4273 while resistance is at 1.4370. For the bulls the resistance level is very important barrier, however bears still doesn't show any strong movements downside. A potential breach to support side will favor further movement downside. EURUSD Technical Analysis August 31st EURUSD a possibility of a trend reversal still exists, at the moment the current situation claims that a when support level at 1.4268 is not valid, negativeness can start for this pair. EURUSD Technical Analysis August 27th EURUSD previous analysis is confirmed by rebounding from the upper portion at resistance level at 1.4336 and breaking out from a channel. EURUSD Technical Analysis August 26th EURUSD is moving in a channel and slowly step by step is climbing up. A trend is still positive and buying options are on a table. EURUSD Technical Analysis August 25th EURUSD bulls still has enough strength to push prices to the 1.4400 level. After recent highs bears are trying to go to support level. EURUSD Technical Analysis August 24th EURUSD extends it's positiveness and continues to slide upside even higher. 1.4400 price level can be reached soon, but bulls needs to stay above 1.4300 price level. Bears will will try an attempt to go back to support, but for now bulls controls the EURUSD Technical Analysis August 21st EURUSD still stays positive, at the moment it is creating a box which is between support at 1.4219 and resistance at 1.4262. EURUSD Technical Analysis August 20th EURUSD a sharp move and a break of ex-resistance level at 1.41668 was confirmed. At the moment this pair has created another resistance level at 1.42623 while support stays at 1.40943. EURUSD Technical Analysis- August 19th EURUSD a rebound from resistance line is confirmed, but this pair is in neutral zone, bulls and bears can't decide which way to choose. EURUSD Technical Analysis August 18th EURUSD looks like that rebounding to the resistance level is possible. Resistance line holds at 1.42030, a major rally has started and if such strong movements stays, buying is better solution. EURUSD Technical Analysis August 12th EURUSD retreated from the highs and new support line has been established at 1.4105. Most likely it will not survive if another push from the bears will appear on the chart. EURUSD Technical Analysis August 11th EURUSD despite some positive candles, bears took over the control from bulls. At the moment it is suggested likelihood the move downside, because for bulls to wake up from a long sleep needs more power to push prices back to 1.42030. EURUSD Technical Analysis August 10th EURUSD is impending to the support line at 1.41766, according to the previous move, we can expect a break of support price level. EURUSD Technical Analysis August 6th EURUSD is walking slowly on resistance line at 1.44130, a positive move can be expected today, for short term traders buying is an option. EURUSD Technical Analysis August 5th EURUSD still can't show any direction yet. Traders can't decide which side to support more, bulls or bears. EURUSD Technical Analysis August 4th EURUSD in previous analysis it was stated that a movement can be done to 1.45595 price level. Current picture shows a strong positive move. EURUSD Technical Analysis August 3rd EURUSD has formed resistance at 1.42864 and support 1.41441 price levels. The resistance line is very important now, because it has reached once more this level. EURUSD Technical Analysis July 30th EURUSD strong negative trend was confirmed like it was stated in previous analysis. EURUSD Technical Analysis July 29th EURUSD shows that bears had enough strength to reach support line at 1.41564, while resistance stays at 1.42841. Ten-month high for CAD as stock and commodity rallies continue The Canadian Dollar has hit 1.0810 at 9:05 am in Toronto today, as positive news from commodity, and stock markets continues to fuel a rampant financial rally across the globe. EURUSD Technical Analysis July 28th EURUSD is pushing price up and most likely resistance line at 1.4326 will be tested. In the case of the break of resistance it is a clear road for bulls to run up to 1.4700. EURUSD Technical Analysis- July 27th EURUSD remains at the same position with no trend yet. If today bulls manages to go above resistance level (1.42660) and at the end of a day stays around resistance – strong positive trend can begin. EURUSD Technical Analysis July 24th EURUSD has entered into neutral zone. Bulls and bears can't decide which direction to take for a long time now, waiting and patience are better options now in order to confirm which side we can support more. EURUSD Technical Analysis July 23rd EURUSD still shows positive signs, bulls are not giving up easy. For now, candles did go above resistance level at 1.4232. In order to confirm a break, candles needs to close above 1.4232. EURUSD Technical analysis-July 22nd EURUSD did manage to stay around 1.4200 price level and bulls are not giving up that easy. This pair has formed a resistance now at 1.4232 and support at 1.4092. EUR/USD 1.4216 - 21 July Euro/Dollar started this week with a positive increasing trend. Strong key resistance for the currency couple is 1.4240. EURUSD Technical Analysis July 21st As it was stated in previous analysis the positive strength of EURUSD pair is confirmed. However for now, bears are going downstairs by reaching resistance line at 1.4189 while support stays still in 1.4077. GBP/USD Technical Analysis 20 July 2009 GBP/USD 1.6474 - 20 July GBP/USD Open 1.6348 High 1.6473 Low 1.6275 Close 1.6330 Pound/Dollar was trading mostly downwards on Friday. The Cable started descending from 1.6420 down to 1.6275, closing the week at 1.6330. EURUSD Technical Analysis July 20th EURUSD shows some positive strength, by breaking resistance line at 1.4189 would mean a strong move up and climbing to 1.4300 price level can be successful. EURUSD Technical analysis July 17th EURUSD is creating a small box from 1.4070 to resistance line at 1.4143. Once the prices will break out from the bottom line of a box. EURUSD breaks above 1.4072 resistance EURUSD breaks above 1.4072 resistance and reaches as high as 1.4134 level. Further rally is still possible to test 1.4197 resistance. EUR/USD Technical Analysis 16 July 2009 Euro/Dollar rose on Wednesday. The currency couple made a bottom at 1.3964, than climbed up to 1.4128, forming divergence on the 1 hour chart. Quotes soon may be testing again the the key 1.4130 resistance. GBPUSD is moving to test 1.6379 resistance GBPUSD is moving to test 1.6379 resistance, breaking above this level to reach the next cycle top on 4-hour chart is possible in a couple of days and target would be at 1.6400-1.6500 area. EUR/USD 1.3987 - 15 July Euro/Dollar made a moderate decreasing movement on Tuesday, reaching a peak at 1.4014, than dropping down to 1.3912, closing the day at 1.3965. EURUSD Technical Analysis July 15th EURUSD moved up again above 1.4000, but next resistance line at 1.4046 for a moment stays firm. It is hard to give any clear technical picture for this pair. This is due to very choppy market. EURUSD Technical analysis July 14th EURUSD still can't go above 1.4000 price level. A resistance for now stays at 1.4005, and support at 1.3926, selling is still on a table, but needs to be done with a care. USDCAD breaks below 1.1543 support USDCAD breaks below 1.1543 support, suggesting that a short term cycle top has been formed at 1.1723 level on 4-hour chart. EUR/USD 1.3987 - 14 July EUR/USD Open 1.3967 High 1.4007 Low 1.3902 Close 1.3976 Euro/Dollar failed to continue the downward movement on Monday. The currency couple made a bottom at 1.3902, than climbed up to the 1.4004 top, closing the day at 1.3976. EURUSD Technical Analysis July 13th EURUSD formed resistance at 1.3975 and support line at 1.3884. Trend is still negative and there is a possibility of breaking support line EURUSD Technical analysis July 10th EURUSD has reached one more time the resistance line but couldn't break it, one candle did go above... EURUSD Technical analysis July 9th EURUSD a break of support (1.3891) like it was stated in previous analysis is confirmed. This pair has formed another support at 1.3848 for now. AUDUSD drops sharply below 0.7789 previous low support AUDUSD drops sharply below 0.7789 previous low support and reaches as low as 0.7722 level. The pair remains in downtrend from 0.8155. Deeper decline is still possible to 0.7650-0.7700 area. EUR/USD 1.3910 - 9 July Euro/Dollar attempted to decrease on Wednesday, reaching a top at 1.3929, and from there descending to the 1.3832 bottom with around 100 pips, but further bearish pressure was limited as the currency pair closed the day at 1.3880. EURUSD drops sharply from 1.4050 level After touching 1.4027 resistance, EURUSD drops sharply from 1.4050 level, suggesting that the pair remains in short term downtrend from 1.4197. EUR/USD Technical Analysis 8 July 2009 Euro/Dollar made a moderate downward movement on Tuesday. The currency couple climbed to the 1.4046 top, than dropped down to 1.3910. On the 1 hour chart the European currency broke the 1.3910 support downwards. EURUSD Technical analysis July 8th EURUSD bears are taking over the control from bulls. There is a good chance today to break support line at 1.3891 and reach new lows this month. EURUSD breaks below 1.3889 key support EURUSD breaks below 1.3889 key support and reaches as low as 1.3876 level, suggesting that the pair is now in short term downtrend from 1.4197. The price action in the trading range between 1.3876 and 1.4027 is treated as consolidation of downtrend. EUR/USD 1.3986 - 7 July EUR/USD Open 1.3973 High 1.3997 Low 1.3887 Close 1.3981 Euro/Dollar failed to continue the upward movement on Monday. The currency couple reached a top at 1.3997, descended down to 1.3887, and closed the day at 1.3981. The Dollar was backed by the lower risk investments, which weakened the Euro. EURUSD Technical Analysis-July 7th EURUSD has broken the support line at 1.3958. At the moment we can notice just a long needle, but to confirm negativeness we want to see candle's full body closing down under the 1.3958 price level. Neutral is a trend now, but it can turn quickly into the negative side. GBPUSD is moving to test 1.6187 support GBPUSD is moving to test 1.6187 support, a break below this level will signal deeper decline to 1.5950-1.6000 area. However, rebound could possibly be seen before breaking below 1.6187 level. USDCAD drops sharply from 1.1654 After breaking above 1.1636 resistance, USDCAD drops sharply from 1.1654 and breaks below the lower border of the rising price channel. EUR/USD 1.4107 - 2 July Yesterday Euro/Dollar attempted to drop, reaching a bottom at 1.4001, but further decreasing momentum was limited and the currency couple rose to the top 1.4190, closi |