May 31, 2015

Forex Forecast for Monday (2015.6.1)

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

Bullish: EURUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.0965 to 1.1024

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9318 to 0.9414

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May 28, 2015

Forex Forecast for Friday (2015.5.29)

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

Bullish: EURUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.0913 to 1.0979

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7583 to 0.7688

May 27, 2015

Forex Forecast for Thursday (2015.5.28)

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

Bullish: USDJPY (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 123.42 to 124.37

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9449 to 0.9505

May 26, 2015

Forex Forecast for Wednesday (2015.5.27)

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

Bullish: USDJPY (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 122.41 to 123.74

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7700 to 0.7783

May 25, 2015

Forex Forecast for Tuesday (2015.5.26)

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

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.2247 to 1.2357

Bearish: GBPUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.5405 to 1.5574

May 24, 2015

Forex Forecast for Monday (2015.5.25)

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

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.2247 to 1.2357

Bearish: GBPUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.5405 to 1.5574

May 21, 2015

Forex Forecast for Friday (2015.5.22)

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: 1.5612 to 1.5740

Bearish: USDJPY (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 120.71 to 121.11

May 20, 2015

Forex Forecast for Thursday (2015.5.21)

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

Bullish: USDJPY (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 121.02 to 121.68

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1040 to 1.1107

May 19, 2015

Forex Forecast for Wednesday (2015.5.20)

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: 0.9315 to 0.9417

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1070 to 1.1222

May 18, 2015

Forex Forecast for Tuesday (2015.5.19)

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: 1.2090 to 1.2209

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1262 to 1.1373

May 17, 2015

Forex Forecast for Monday (2015.5.18)

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: 0.9185 to 0.9288

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7973 to 0.8042

May 14, 2015

Forex Forecast for Friday (2015.5.15)

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

Bullish: EURUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.1392 to 1.1469

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9055 to 0.9128

May 13, 2015

Forex Forecast for Thursday (2015.5.14)

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

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.8037 to 0.8165

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9121 to 0.9224

May 12, 2015

Forex Forecast for Wednesday (2015.5.13)

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

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.7942 to 0.8026

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1948 to 1.2042

May 11, 2015

Forex Forecast for Tuesday (2015.5.12)

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

Bullish: GBPUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.5502 to 1.5664

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1113 to 1.1168

May 10, 2015

Forex Forecast for Monday (2015.5.11)

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

Bullish: GBPUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.5383 to 1.5586

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1153 to 1.1233

May 7, 2015

Forex Forecast for Friday (2015.5.8)

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: 0.9149 to 0.9262

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7862 to 0.7947

May 6, 2015

Forex Forecast for Thursday (2015.5.7)

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

Bullish: EURUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.1272 to 1.1415

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9075 to 0.9197

May 5, 2015

Forex Forecast for Wednesday (2015.5.6)

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: 0.7877 to 0.7992

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9198 to 0.9326

May 4, 2015

Forex Forecast for Tuesday (2015.5.5)

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: 0.7826 to 0.7862

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2066 to 1.2134

May 3, 2015

Forex Forecast for Monday (2015.5.4)

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

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.2133 to 1.2238

Bearish: GBPUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.5047 to 1.5255