July 30, 2015

Forex Forecast for Friday (2015.7.31)

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

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.2992 to 1.3068

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.0870 to 1.0941

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July 29, 2015

Forex Forecast for Thursday (2015.7.30)

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: 0.9644 to 0.9710

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.0939 to 1.1025

July 28, 2015

Forex Forecast for Wednesday (2015.7.29)

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

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.7300 to 0.7364

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2880 to 1.2977

July 26, 2015

Forex Forecast for Monday (2015.7.27)

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: 0.9604 to 0.9650

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7235 to 0.7311

July 23, 2015

Forex Forecast for Friday (2015.7.24)

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: 1.2994 to 1.3080

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7342 to 0.7399

July 22, 2015

Forex Forecast for Thursday (2015.7.23)

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

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.2994 to 1.3080

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7342 to 0.7399

July 21, 2015

Forex Forecast for Wednesday (2015.7.22)

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

Bullish: EURUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.0890 to 1.1006

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9539 to 0.9604

July 16, 2015

Forex Forecast for Friday (2015.7.17)

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: 0.9549 to 0.9600

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.0830 to 1.0908

July 15, 2015

Forex Forecast for Thursday (2015.7.16)

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: 1.2840 to 1.3013

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7321 to 0.7420

July 14, 2015

Forex Forecast for Wednesday (2015.7.15)

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

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9435 to 0.9535

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.0947 to 1.1096

July 13, 2015

Forex Forecast for Tuesday (2015.7.14)

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: 0.9435 to 0.9535

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.0947 to 1.1096

July 8, 2015

Forex Forecast for Thursday (2015.7.9)

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

Bullish: EURUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.1033 to 1.1121

Bearish: USDJPY (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 119.90 to 121.48

July 7, 2015

Forex Forecast for Wednesday (2015.7.8)

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

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9468 to 0.9538

Bearish: GBPUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.5367 to 1.5511

July 6, 2015

Forex Forecast for Tuesday (2015.7.7)

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

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.2569 to 1.2618

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7476 to 0.7579

July 5, 2015

Forex Forecast for Monday (2015.7.6)

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

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.2569 to 1.2618

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7476 to 0.7579

July 2, 2015

Forex Forecast for Friday (2015.7.3)

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: 1.1076 to 1.1142

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9398 to 0.9461

July 1, 2015

Forex Forecast for Thursday (2015.7.2)

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

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9313 to 0.9413

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1081 to 1.1178