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#Oil Forecast (Mar 29,2016) #forex

[alert color=”grey”]Intraday Support : 38.30. 38.00, 37.20                                                                                   Intraday Resistance: 39.00, 40.00, 40.50, 41.80[/alert]

Oil Forecast – Daily Chart Technical Analysis

Oil dipped lower, towards the main broken resistance around 38.00. Holding above that broken resistance and potential support keeps the bullish resumption…

#Gold Forecast (Mar 29,2016) #forex

[alert color=”grey”]Intraday  Support: 1225, 1212, 1202, 1190                                                                                                Intraday Resistance: 1237, 1243, 1250 [/alert]

Gold Forecast – Daily Chart Technical Analysis

The price formed a bullish hammer candlestick patternyesterday, and that was followed by a rally today. The hammer was formed near the 50-days…

#EURGBP Forecast (Mar 29,2016) #forex

[alert color=”grey”] Intraday Support : 0.7805, 0.7770, 0.7735                                                                          Intraday Resistance:  0.7850, 0.7880, 0.7910, 0.7930[/alert]

EURGBP Forecast – Daily Chart Technical Analysis

The EURGBP remained under pressure, the price is pushing lower after retesting the latest swing high, where it failed to break above it. Meanwhile, the…

#GBPJPY Forecast (Mar 29,2016) #forex

[alert color=”grey”] Intraday Support :  161.60, 160.15, 159.50                                                                          Intraday Resistance:  162.50, 164.00, 164.60 [/alert]

GBPJPY Forecast – Daily Chart Technical Analysis

The GBPJPY maintains the breakout of the minor falling wedge pattern that was formed following the latest bullish wave from 154.70 low.  (more…)

#EURJPY Forecast (Mar 29,2016) #forex

[alert color=”grey”] Intraday Support : 126.60, 126.00, 125.60                                                                      Intraday Resistance:127.28, 128.00, 128.75 [/alert]

EURJPY Forecast – Daily Chart Technical Analysis

The EURJPY is attempting to break above the latest main swing high and resistance level around 127.28. The short term trend is up as the EURJPY managed to establish a…

#USDCAD Forecast (Mar 29,2016) #forex

[alert color=”grey”] Intraday Support : 1.3040, 1.2950, 1.2900                                                                              Intraday Resistance:  1.3140, 1.3225, 1.328 [/alert]

USDCAD Forecast – Daily Chart Technical Analysis

The USDCAD is back under pressure following the pullback and retest to the main previously broken rising trend line, and the 200-days simple moving average. (…

#AUDUSD Forecast (Mar 29,2016) #forex

[alert color=”grey”] Intraday Support : 0.7550/70,  0.7490, 0.7415                                                                          Intraday Resistance: 0.7650, 0.7680 , 0.7740[/alert]

AUDUSD Forecast – Daily Chart Technical Analysis

The pullback was limited to levels above the previously broken resistance starting at 0.7430. As the AUDUSD  headed higher today attempting to resume the…

#USDJPY Forecast (Mar 29,2016) #forex

[alert color=”grey”]Intraday Support : 112.88, 112.40, 112.15                                                                         Intraday Resistance:  114.10, 114.40, 114.87[/alert]

USDJPY Forecast – Daily Chart Technical Analysis

The USDJPY is under pressure today. After testing areas near the top of the sideways range. (more…)

#GBPUSD Forecast (Mar 29,2016) #forex

[alert color=”grey”]Intraday Support : 1.4285, 1.4200/1.4182, 1.4110                                                                  Intraday Resistance: 1.4400, 1.4435, 1.4500 [/alert]

GBPUSD Forecast – Daily Chart Technical Analysis

The GBPUSD extended the bullish rebound after retesting the previously broken falling trend line in addition to the horizontal support at 1.4080.  (more…)

#EURUSD Forecast (Mar 29,2016) #forex

[alert color=”grey”]Intraday Support : 1.1220, 1.1187, 1.1145                                                                               Intraday Resistance: 1.1285, 1.1310, 1.1340[/alert]

EURUSD Forecast – Daily Chart Technical Analysis

The EURUSD  bounced higher today, attempting to resume the bullish trend that the price has established recently. The pair maintains the sequence of higher…

#Oil Forecast (Mar 28,2016) #forex

[alert color=”grey”]Intraday Support : 39.00, 38.30. 38.00                                                                                    Intraday Resistance:  40.00, 40.50, 41.80[/alert]

Oil Forecast – Daily Chart Technical Analysis

Oil broke above 38.00 resistance area, to extend the upside towards the 200-days simple moving average near 42.00. (more…)

#Gold Forecast (Mar 28,2016) #forex

[alert color=”grey”]Intraday  Support: 1212, 1202, 1190                                                                                                       Intraday Resistance:1225, 1237, 1243 [/alert]

Gold Forecast – Daily Chart Technical Analysis

The bullish technical structure for Gold has suffered some damage. The price has broken below the rising trend line for the latest uptrend in…

#EURGBP Forecast (Mar 28,2016) #forex

[alert color=”grey”] Intraday Support : 0.7850, 0.7805, 0.7770                                                                           Intraday Resistance:   0.7880, 0.7910, 0.7930[/alert]

EURGBP Forecast – Daily Chart Technical Analysis

The EURGBP  retested the latest swing high, however, the price fails to break above it. Meanwhile, the RSI continues to signal a bearish divergence. (more…)

#GBPJPY Forecast (Mar 28,2016) #forex

[alert color=”grey”] Intraday Support : 160.15, 159.50, 158.50                                                                            Intraday Resistance:  161.65, 162.50, 164.00 [/alert]

GBPJPY Forecast – Daily Chart Technical Analysis

The GBPJPY has broken-out of the minor falling wedge pattern that was formed following the latest bullish wave from 154.70 low.  (more…)

#EURJPY Forecast (Mar 28,2016) #forex

[alert color=”grey”] Intraday Support : 126.60, 126.00, 125.60,                                                                      Intraday Resistance:127.00/20, 128.00, 128.75 [/alert]

EURJPY Forecast – Daily Chart Technical Analysis

The short term trend is up. The EURJPY managed to establish a series of higher lows and higher highs. Where the price is approaching the main resistance. (more…)

#USDCAD Forecast (Mar 28,2016) #forex

[alert color=”grey”] Intraday Support : 1.3140, 1.3040, 1.2950                                                                               Intraday Resistance:  1.3225, 1.3280, 1.3340/alert]

USDCAD Forecast – Daily Chart Technical Analysis

The USDCAD pulled back towards the main previously broken rising trend line, and the 200-days simple moving average. (more…)

#AUDUSD Forecast (Mar 28,2016) #forex

[alert color=”grey”] Intraday Support :  0.7490, 0.7415, 0.7380                                                                              Intraday Resistance: 0.7550/70, 0.7650, 0.7680  [/alert]

AUDUSD Forecast – Daily Chart Technical Analysis

The AUDUSD  pulled back lower, the price is trading near the previously broken main resistance area among 0.7440-0.7380. (more…)