Forex Forecast for Friday (2015.1.30)

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: 0.9146 to 0.9301

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7675 to 0.7812

Forex Forecast for Thursday (2015.1.29)

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: 1.1323 to 1.1469

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2351 to 1.2439

Forex Forecast for Wednesday (2015.1.28)

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

Bullish: EURUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.1323 to 1.1469

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2351 to 1.2439

Forex Forecast for Tuesday (2015.1.27)

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

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.8901 to 0.9106

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2384 to 1.2446

Forex Forecast for Monday (2015.1.26)

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: 0.8747 to 0.8848

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7840 to 0.7965

Forex Forecast for Friday (2015.1.23)

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: 0.8636 to 0.8801

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1237 to 1.1482

Forex Forecast for Thursday (2015.1.22)

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

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.2025 to 1.2155

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1522 to 1.1577

Forex Forecast for Wednesday (2015.1.21)

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

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.2025 to 1.2155

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1522 to 1.1577

Forex Forecast for Tuesday (2015.1.20)

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

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.8674 to 0.8854

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1921 to 1.1959

Forex Forecast for Monday (2015.1.19)

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

Bullish: USDJPY (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 116.80 to 118.21

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.8364 to 0.8627

After SNB Chaos: A Good Time to Revisit Creative Leverage

Considering the events of this past week, with the Swiss National Bank (SNB) announcement wreaking havoc on the Forex markets - swiftly putting at least two of the largest retail FX brokers at risk of insolvency - many traders are naturally nervous about the safety of their own trading accounts.

Now is as good a time as any to revisit a very simple yet effective way to make use of the high leverage offered by Forex brokers... for safety rather than blind greed.

Swiss National Bank Surprises Markets

We'd caution our readers for the next day or two. The SNB's sudden announcement of the end of their support of the EUR/CHF caused ripples across markets so be careful following our signals until things have calmed. It's not a normal statistical event.

Forex Forecast for Thursday (2015.1.15)

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: 1.5207 to 1.5298

Bearish: USDJPY (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 115.62 to 117.01

Forex Forecast for Wednesday (2015.1.14)

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

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.0172 to 1.0239

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1728 to 1.1806

Forex Forecast for Tuesday (2015.1.13)

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: 1.1904 to 1.2007

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.8101 to 0.8192

Forex Forecast for Monday (2015.1.12)

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

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.8156 to 0.8232

Bearish: USDJPY (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 118.02 to 119.13

Forex Forecast for Friday (2015.1.9)

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

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.8100 to 0.8144

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1732 to 1.1801

Forex Forecast for Thursday (2015.1.8)

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: 119.02 to 119.94

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1779 to 1.1849

Forex Forecast for Wednesday (2015.1.7)

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

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.1785 to 1.1865

Bearish: USDJPY (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 117.68 to 118.84

Forex Forecast for Tuesday (2015.1.6)

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

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.8070 to 0.8124

Bearish: USDJPY (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 119.07 to 120.01

Forex Forecast for Monday (2015.1.5)

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

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.1692 to 1.1830

Bearish: GBPUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.5262 to 1.5456

Forex Forecast for Friday (2015.1.2)

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

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9909 to 0.9952

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2080 to 1.2133