August 20, 2015

Forex Forecast for Friday (2015.8.21)

There looks to be strength on the EURUSD with weakness on the USDCHF.

Bullish: EURUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.1176 to 1.1277

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9555 to 0.9624

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August 13, 2015

Forex Forecast for Friday (2015.8.14)

Today, we're looking at upward pressure on the USDCAD with downward pressure on the AUDUSD.

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.3024 to 1.3121

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7302 to 0.7366

August 10, 2015

Forex Forecast for Tuesday (2015.8.11)

We've seen strong capital flows into GBPUSD and out of USDCAD.

Bullish: GBPUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.5532 to 1.5640

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2945 to 1.3086

August 6, 2015

Forex Forecast for Friday (2015.8.7)

In today's Forex Forecast, we're seeing strength on USDCHF and weakness on GBPUSD.

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9807 to 0.9866

Bearish: GBPUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.5427 to 1.5551

August 5, 2015

Forex Forecast for Thursday (2015.8.6)

Today, we're looking at upward pressure on the USDJPY with downward pressure on the AUDUSD.

Bullish: USDJPY (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 124.51 to 125.24

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7319 to 0.7364

August 4, 2015

Forex Forecast for Wednesday (2015.8.5)

Today's bullish pair is the USDCAD and the bearish pair of the day is the AUDUSD.

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.3127 to 1.3199

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7246 to 0.7288

August 3, 2015

Forex Forecast for Tuesday (2015.8.4)

We've seen strong capital flows into USDCAD and out of AUDUSD.

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.3127 to 1.3199

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7246 to 0.7288