December 30, 2014

Forex Forecast for Wednesday (2014.12.31)

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

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.8162 to 0.8222

Bearish: USDJPY (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 118.43 to 119.77

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December 29, 2014

Forex Forecast for Tuesday (2014.12.30)

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

Bullish: USDJPY (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 120.45 to 120.87

Bearish: GBPUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.5488 to 1.5546

December 28, 2014

Forex Forecast for Monday (2014.12.29)

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: 0.9864 to 0.9893

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2158 to 1.2190

December 23, 2014

Forex Forecast for Wednesday (2014.12.24)

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

Bullish: USDJPY (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 120.39 to 121.03

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2145 to 1.2205

December 22, 2014

Forex Forecast for Tuesday (2014.12.23)

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

Bullish: USDJPY (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 119.70 to 120.26

Bearish: GBPUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.5551 to 1.5619

December 21, 2014

Forex Forecast for Monday (2014.12.22)

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

Bullish: USDJPY (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 119.22 to 119.81

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2201 to 1.2261

December 4, 2014

Forex Forecast for Friday (2014.12.5)

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: 1.2368 to 1.2498

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9614 to 0.9722

December 3, 2014

Forex Forecast for Thursday (2014.12.4)

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

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9748 to 0.9798

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2280 to 1.2346

December 2, 2014

Forex Forecast for Wednesday (2014.12.3)

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

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9685 to 0.9750

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2353 to 1.2426

December 1, 2014

Forex Forecast for Tuesday (2014.12.2)

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

Bullish: GBPUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.5674 to 1.5806

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1279 to 1.1386