November 30, 2014

Forex Forecast for Monday (2014.12.1)

There looks to be strength on the USDCAD with weakness on the GBPUSD.

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.1385 to 1.1471

Bearish: GBPUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.5584 to 1.5676

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November 27, 2014

Forex Forecast for Friday (2014.11.28)

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

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.1295 to 1.1382

Bearish: GBPUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.5690 to 1.5771

November 26, 2014

Forex Forecast for Thursday (2014.11.27)

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

Bullish: GBPUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.5742 to 1.5835

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9578 to 0.9630

November 25, 2014

Forex Forecast for Wednesday (2014.11.26)

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

Bullish: EURUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.2444 to 1.2507

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.8488 to 0.8566

November 24, 2014

Forex Forecast for Tuesday (2014.11.25)

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

Bullish: EURUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.2399 to 1.2466

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.8578 to 0.8651

November 23, 2014

Forex Forecast for Monday (2014.11.24)

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: 0.9636 to 0.9743

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2329 to 1.2471

November 20, 2014

Forex Forecast for Friday (2014.11.21)

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

Bullish: USDJPY (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 118.36 to 119.27

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1274 to 1.1331

November 19, 2014

Forex Forecast for Thursday (2014.11.20)

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: 117.45 to 118.38

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.8573 to 0.8661

November 18, 2014

Forex Forecast for Wednesday (2014.11.19)

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: 1.2494 to 1.2569

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9555 to 0.9614

November 17, 2014

Forex Forecast for Tuesday (2014.11.18)

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: 0.9603 to 0.9678

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.8671 to 0.8745

November 16, 2014

Forex Forecast for Monday (2014.11.17)

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

Bullish: USDJPY (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 116.27 to 117.08

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1233 to 1.1328

November 13, 2014

Forex Forecast for Friday (2014.11.14)

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

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.1345 to 1.1413

Bearish: GBPUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.5673 to 1.5737

November 12, 2014

Forex Forecast for Thursday (2014.11.13)

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

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.8705 to 0.8763

Bearish: GBPUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.5737 to 1.5858

November 11, 2014

Forex Forecast for Wednesday (2014.11.12)

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

Bullish: USDJPY (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 115.37 to 116.45

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1298 to 1.1359

November 10, 2014

Forex Forecast for Tuesday (2014.11.11)

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

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.1342 to 1.1404

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2397 to 1.2464

November 9, 2014

Forex Forecast for Monday (2014.11.10)

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

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.8598 to 0.8684

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1280 to 1.1380

November 6, 2014

Forex Forecast for Friday (2014.11.7)

For today's forecast, we're looking bullish on USDCHF and bearish on GBPUSD.

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9670 to 0.9770

Bearish: GBPUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.5782 to 1.5913

November 5, 2014

Forex Forecast for Thursday (2014.11.6)

For today's forecast, we're looking bullish on USDJPY and bearish on AUDUSD.

Bullish: USDJPY (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 114.13 to 115.18

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.8517 to 0.8663

November 4, 2014

Forex Forecast for Wednesday (2014.11.5)

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

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.8697 to 0.8773

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9560 to 0.9619

November 3, 2014

Forex Forecast for Tuesday (2014.11.4)

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

Bullish: USDJPY (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 113.39 to 114.60

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.8658 to 0.8719

November 2, 2014

Forex Forecast for Monday (2014.11.3)

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

Bullish: USDJPY (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 110.82 to 113.25

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2454 to 1.2551