FX Helpline - Free Forex Signals: August 2015

August 20, 2015

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: 1.1176 to 1.1277

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9555 to 0.9624

Learn the basics of trading forex, with unbiased broker reviews and commentary on backtested strategies. Visit FX Helpline to learn forex for free.

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: 1.3024 to 1.3121

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7302 to 0.7366

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

Bullish: GBPUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.5532 to 1.5640

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2945 to 1.3086

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

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9807 to 0.9866

Bearish: GBPUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.5427 to 1.5551

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

Bullish: USDJPY (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 124.51 to 125.24

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7319 to 0.7364

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: 1.3127 to 1.3199

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7246 to 0.7288

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: 1.3127 to 1.3199

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7246 to 0.7288

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

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.3018 to 1.3133

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9513 to 0.9622