February 26, 2015

Forex Forecast for Friday (2015.2.27)

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

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.2461 to 1.2570

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1137 to 1.1281

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February 25, 2015

Forex Forecast for Thursday (2015.2.26)

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: 0.7862 to 0.7919

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2378 to 1.2449

February 24, 2015

Forex Forecast for Wednesday (2015.2.25)

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: 0.7788 to 0.7860

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2435 to 1.2571

February 23, 2015

Forex Forecast for Tuesday (2015.2.24)

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

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9454 to 0.9556

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7764 to 0.7814

February 22, 2015

Forex Forecast for Monday (2015.2.23)

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

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.7818 to 0.7863

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9332 to 0.9452

February 19, 2015

Forex Forecast for Friday (2015.2.20)

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: 0.9440 to 0.9524

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1333 to 1.1402

February 18, 2015

Forex Forecast for Thursday (2015.2.19)

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

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9381 to 0.9482

Bearish: USDJPY (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 118.34 to 118.97

February 17, 2015

Forex Forecast for Wednesday (2015.2.18)

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: 118.82 to 119.69

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2335 to 1.2420

February 16, 2015

Forex Forecast for Tuesday (2015.2.17)

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

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.2455 to 1.2506

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1293 to 1.1374

February 15, 2015

Forex Forecast for Monday (2015.2.16)

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

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.7758 to 0.7808

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2395 to 1.2479

February 12, 2015

Forex Forecast for Friday (2015.2.13)

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

Bullish: GBPUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.5311 to 1.5461

Bearish: USDJPY (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 118.05 to 119.49

February 11, 2015

Forex Forecast for Thursday (2015.2.12)

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: 119.88 to 120.75

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7669 to 0.7743

February 10, 2015

Forex Forecast for Wednesday (2015.2.11)

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: 1.2537 to 1.2665

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7725 to 0.7794

February 9, 2015

Forex Forecast for Tuesday (2015.2.10)

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: 0.7791 to 0.7855

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2402 to 1.2484

February 8, 2015

Forex Forecast for Monday (2015.2.9)

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: 118.19 to 119.71

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1267 to 1.1397

February 5, 2015

Forex Forecast for Friday (2015.2.6)

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

Bullish: EURUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.1401 to 1.1544

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2348 to 1.2490

February 4, 2015

Forex Forecast for Thursday (2015.2.5)

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

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.2491 to 1.2639

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1276 to 1.1400

February 3, 2015

Forex Forecast for Wednesday (2015.2.4)

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

Bullish: EURUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.1423 to 1.1585

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2283 to 1.2498

February 2, 2015

Forex Forecast for Tuesday (2015.2.3)

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: 0.7789 to 0.7848

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2506 to 1.2665

February 1, 2015

Forex Forecast for Monday (2015.2.2)

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

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.2702 to 1.2842

Bearish: USDJPY (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 117.02 to 117.87