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EUR/USD Forecast March 28, 2014, Technical Analysis The 1.37 level continues to offer a little bit of a barrier in the EUR/USD pair, as was seen on Thursday. However, it appears that it’s only a matter of time before this market breaks down, but until we get that move, we are on the sidelines...

EUR/USD Forecast March 27, 2014, Technical Analysis The EUR/USD pair fell during the session on Wednesday, but remains within the consolidation area that we had been in previously. With this, we really don’t see much in this chart to get excited about, and therefore are on the sidelines. We...

EUR/USD Forecast March 26, 2014, Technical Analysis The EUR/USD pair tried to fall apart during the session on Tuesday, but as you can see the 1.3750 level offered enough support to push the market higher, and move it back enough to form a hammer. This hammer suggests that the market is in fact...

Weekly Forex Chart Analysis – March 24th – 28th 2014 EURUSD – Euro/dollar near-term momentum turns bearish The EURUSD consolidated on Friday and formed an inside bar in what was a pretty quiet trading day following significant losses on Wednesday and Thursday. The near-term price action in...

EUR/USD Forecast March 14, 2014, Technical Analysis The EUR/USD pair broke higher during the session initially on Thursday, but found so much resistance above the trend line on the monthly chart that the market turned back around and formed a massive shooting star. This could be the beginning...

GBP/USD Forecast March 13, 2014, Technical Analysis The GBP/USD pair fell during the majority of the session on Wednesday, but as you can see bounced hard enough off the 1.66 level to form a nice-looking hammer. This hammer is at the bottom of the reason consolidation area, so we feel that this...

GBP/USD Forecast March 12, 2014, Technical Analysis The GBP/USD pair did very little during the session on Tuesday, but did print a negative candle. The printed somewhat of a hammer, based upon the 1.664 level. With that being the case, we feel that support continues to enter the market right...

EURUSD – Euro/dollar hits key resistance after surge higher The EURUSD continued pushing higher Friday, testing the key resistance up near 1.3893 before backing off the highs and forming a bearish pin bar into the week’s close. It’s important to note that this is a counter-trend pin bar and...

Technical Analysis AUD/USD Forecast March 7, 2014, Technical Analysis The AUD/USD pair rose during the session on Thursday, smashing through the barriers of resistance that we have seen for some time now. Because of this, the outlook on this market has changed drastically, as a move above...

EUR/USD Fundamental Analysis March 6, 2014 Forecast Analysis and Recommendations: The EUR/USD eased by 7 points to trade at 1.3735 ahead of tomorrow’s central bank meeting. At the February ECB meeting, policy was kept unchanged. During the press conference President Draghi said that there had...

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