April 30, 2015

Forex Forecast for Friday (2015.5.1)

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: 1.1168 to 1.1312

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7825 to 0.7942

April 29, 2015

Forex Forecast for Thursday (2015.4.30)

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: 1.1073 to 1.1241

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9285 to 0.9456

April 28, 2015

Forex Forecast for Wednesday (2015.4.29)

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: 0.7930 to 0.8073

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1990 to 1.2066

April 27, 2015

Forex Forecast for Tuesday (2015.4.28)

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

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.7831 to 0.7891

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2053 to 1.2137

April 26, 2015

Forex Forecast for Monday (2015.4.27)

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

Bullish: GBPUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.5107 to 1.5225

Bearish: USDJPY (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 118.63 to 119.24

April 23, 2015

Forex Forecast for Friday (2015.4.24)

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: 1.0756 to 1.0888

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9485 to 0.9624

April 22, 2015

Forex Forecast for Thursday (2015.4.23)

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

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9607 to 0.9763

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2192 to 1.2249

April 21, 2015

Forex Forecast for Wednesday (2015.4.22)

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

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.2259 to 1.2327

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7666 to 0.7718

April 20, 2015

Forex Forecast for Tuesday (2015.4.21)

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: 0.9550 to 0.9622

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7678 to 0.7766

April 19, 2015

Forex Forecast for Monday (2015.4.20)

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: 1.0791 to 1.0875

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9473 to 0.9539

April 16, 2015

Forex Forecast for Friday (2015.4.17)

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

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.7747 to 0.7857

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9499 to 0.9625

April 15, 2015

Forex Forecast for Thursday (2015.4.16)

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: 0.7636 to 0.7730

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2212 to 1.2425

April 14, 2015

Forex Forecast for Wednesday (2015.4.15)

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: 1.0618 to 1.0745

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2409 to 1.2524

April 13, 2015

Forex Forecast for Tuesday (2015.4.14)

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

Bullish: GBPUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.4623 to 1.4708

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7523 to 0.7616

April 12, 2015

Forex Forecast for Monday (2015.4.13)

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

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9791 to 0.9855

Bearish: GBPUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.4554 to 1.4655

April 9, 2015

Forex Forecast for Friday (2015.4.10)

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: 0.9722 to 0.9818

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.0602 to 1.0713

April 7, 2015

Forex Forecast for Wednesday (2015.4.8)

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: 0.9611 to 0.9697

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.0767 to 1.0878

April 6, 2015

Forex Forecast for Tuesday (2015.4.7)

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: 0.9548 to 0.9626

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.0879 to 1.0972

April 5, 2015

Forex Forecast for Monday (2015.4.6)

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

Bullish: EURUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.0945 to 1.1065

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9445 to 0.9540

April 2, 2015

Forex Forecast for Friday (2015.4.3)

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

Bullish: EURUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.0759 to 1.0818

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9616 to 0.9689

April 1, 2015

Forex Forecast for Thursday (2015.4.2)

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

Bullish: EURUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.0759 to 1.0818

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9616 to 0.9689