FuturesForexClasses

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is August 1st, 2019 and we will be taking a look at the Australian Dollar against the United States Dollar. We are currently looking at the 1 hour time frame and are looking for price action to retest it previous area of resistance at the .687 area. If price action cannot regain control above the...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is July 25th, 2019 and we will be taking a look at the Australian Dollar against the Swiss Franc. We are currently looking at the 1 hour time frame and price action is currently coming up on the .685 support area. If price action can hold can find some kind of bullish momentum to the upside we...

FuturesForexClasses Updated 

Hello Traders, welcome to the Daily Forex technical analysis. Today is July 23rd, 2019 and we will be taking a look at the U.S. Dollar against the Canadian Dollar. Looking at the 4 hour time frame we are looking for price action to reach the 1.31 key resistance area for a loss in momentum and possibly an opportunity to find a profitable short. Entry for a Short...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is July 18th, 2019 and we will be taking a look at the Australian Dollar against the New Zealand Dollar. We are currently looking at the 1 hour time frame and are looking for price action to lose momentum as it retested it's prior lows and failed to break above. If price action cannot regain...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is July 17th, 2019 and we will be taking a look at the New Zealand Dollar against the United States Dollar. Looking at the 4 hour time frame we are looking for price action to cool off a bit and possibly retrace with a minor pullback to set up a long trade that yields a greater R/R. If price...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is July 16th, 2019 and we will be taking a look at the New Zealand Dollar against the Canadian Dollar. Looking at the 4 hour time frame we are looking for price action to lose steam heading into the .8797 resistance area. If price action fails to break above this local top we will be looking for...

FuturesForexClasses

Hello Traders, welcome to the Weekly Forex technical analysis. Today is July 7th, 2019 and we will be taking a look at the U.S. Dollar Currency Index on the weekly chart just to get into the calendar, and have an outlook into the upcoming week of July 8th. Looking at the Dollar Index here on a weekly time frame, we can see the DXY rebounded significantly from last...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is July 3rd, 2019 and we will be taking a look at the U.S. Dollar against the Canadian Dollar. Looking at the 4 hour time frame we are looking for price action to hold the current area of support at the 1.309 previous support zone. Price action had an aggressive move towards the upside and is...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is July 2nd, 2019 and we will be taking a look at the British Pound against the U.S Dollar. Looking at the 4 hour time frame, price action is currently retracing and we are looking at the 1.25 area to hold as support. If we do hold at the 1.25 previous support zone we will be looking for optimal...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is July 1st, 2019 and we will be taking a look at the Euro against the U.S Dollar. Looking at the 4 hour time frame, price action is currently stagnant and is having a hard time finding more momentum to the upside, so we are preparing for the possibility of a pullback. We are looking for price...

FuturesForexClasses

Hello Traders, welcome to the Weekly Forex technical analysis. Today is June 30th, 2019 and we will be taking a look at the U.S. Dollar Currency Index on the weekly chart just to get into the calendar, and have an outlook into the upcoming week. Looking at the Dollar Index here on a weekly time frame, we can see the DXY ended pretty mixed last week. Going into...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is June 28th, 2019 and we will be taking a look at the U.S. Dollar against the Japanese Yen. Looking at the overall structure price action may be retracing to its previous area of resistance near the 108.0. If price action reaches to previous levels of resistance and doesn't flip and hold on it as...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is June 27th, 2019 and we will be taking a look at the Canadian Dollar against the Japanese Yen. Looking at the 4 hour time frame we can see price action has visited the 82.3 region which it has done so in quite some time. It has taken out it most recent active highs and made new highs and we will...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is June 26th, 2019 and we will be taking a look at the Australian Dollar against the Canadian Dollar. We are currently looking for price action to have a minor pullback into its previous area of support near the .91 region. If we do get a pullback and it holds at this area we would be looking for...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is June 25th, 2019 and we will be taking a look at the Euro against the New Zealand Dollar. We are looking for price action to have a minor pullback into its previous area of support near the 1.71 region. If we do get a pullback and it holds at the the 1.17 area we would be looking for an optimal...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is June 21st, 2019 and we will be taking a look at the British Pound against the Canadian Dollar. Looking at the 1 hour time frame we are looking for price action to reach its previous area of resistance near the 1.678 region and stall out. If price action reaches this area and does lose momentum...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is June 20th, 2019 and we will be taking a look at the Canadian Dollar against the Japanese Yen. Looking at the 1 hour time we are now looking for this current level of support at the 81.2 area to hold, if so we will be looking for an entry with a great risk to reward ratio. Entry for a Long...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is June 19th, 2019 and we will be taking a look at the New Zealand Dollar against the Swiss Frank. Looking at the 1 hour time frame price action had a minor pullback back of the current structure into its previous area of support around the .650 area, if the conditions are optimal we will be...