October 30, 2014

Forex Forecast for Friday (2014.10.31)

We're seeing bullish price action on AUDUSD and bearish price action on EURUSD.

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.8804 to 0.8876

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2524 to 1.2593

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October 29, 2014

Forex Forecast for Thursday (2014.10.30)

Today, we're looking at upward pressure on the USDCHF with downward pressure on the EURUSD.

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9496 to 0.9576

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2592 to 1.2698

October 28, 2014

Forex Forecast for Wednesday (2014.10.29)

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

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.8838 to 0.8901

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1144 to 1.1208

October 27, 2014

Forex Forecast for Tuesday (2014.10.28)

We're seeing bullish price action on GBPUSD and bearish price action on USDJPY.

Bullish: GBPUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.6115 to 1.6162

Bearish: USDJPY (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 107.45 to 107.93

October 26, 2014

Forex Forecast for Monday (2014.10.27)

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

Bullish: GBPUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.6057 to 1.6117

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9485 to 0.9521

October 23, 2014

Forex Forecast for Friday (2014.10.24)

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

Bullish: USDJPY (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 107.73 to 108.64

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.8735 to 0.8777

October 22, 2014

Forex Forecast for Thursday (2014.10.23)

We've seen strong capital flows into USDCHF and out of EURUSD.

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9507 to 0.9558

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2613 to 1.2688

October 21, 2014

Forex Forecast for Wednesday (2014.10.22)

Today, we're looking at upward pressure on the USDCHF with downward pressure on the EURUSD.

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9445 to 0.9514

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2684 to 1.2777

October 20, 2014

Forex Forecast for Tuesday (2014.10.21)

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: 1.2774 to 1.2837

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9399 to 0.9447

October 19, 2014

Forex Forecast for Monday (2014.10.20)

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

Bullish: USDJPY (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 106.54 to 107.13

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2721 to 1.2790

October 16, 2014

Forex Forecast for Friday (2014.10.17)

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

Bullish: GBPUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.6019 to 1.6133

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.8652 to 0.8757

October 15, 2014

Forex Forecast for Thursday (2014.10.16)

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

Bullish: EURUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.2756 to 1.2949

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9311 to 0.9461

October 14, 2014

Forex Forecast for Wednesday (2014.10.15)

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

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.1251 to 1.1342

Bearish: GBPUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.5850 to 1.5997

October 13, 2014

Forex Forecast for Tuesday (2014.10.14)

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

Bullish: EURUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.2691 to 1.2794

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9445 to 0.9523

October 12, 2014

Forex Forecast for Monday (2014.10.13)

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

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9560 to 0.9608

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.8655 to 0.8732

October 9, 2014

Forex Forecast for Friday (2014.10.10)

We're seeing bullish price action on USDCAD and bearish price action on AUDUSD.

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.1135 to 1.1214

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.8733 to 0.8831

October 8, 2014

Forex Forecast for Thursday (2014.10.9)

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

Bullish: EURUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.2686 to 1.2779

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1066 to 1.1152

October 7, 2014

Forex Forecast for Wednesday (2014.10.8)

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

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.8780 to 0.8859

Bearish: USDJPY (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 107.48 to 108.52

October 6, 2014

Forex Forecast for Tuesday (2014.10.7)

We've seen strong capital flows into EURUSD and out of USDCHF.

Bullish: EURUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.2592 to 1.2714

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9538 to 0.9627

October 5, 2014

Forex Forecast for Monday (2014.10.6)

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

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9607 to 0.9719

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.8604 to 0.8724

October 2, 2014

Forex Forecast for Friday (2014.10.3)

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

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.8775 to 0.8850

Bearish: USDJPY (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 107.74 to 108.56

October 1, 2014

Forex Forecast for Thursday (2014.10.2)

We've seen strong capital flows into USDCHF and out of USDJPY.

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9570 to 0.9607

Bearish: USDJPY (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 108.58 to 109.48