FuturesForexClasses

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is April 24th, 2019 and we will be taking a look at the Euro against the Canadian dollar. Looking at the 4 hour time frame we can see price action may be again rejecting the 1.5097 area. If we can see a minor retacement here back down to support level area of 1.504, a Long entry near the 1.5038...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is April 23rd, 2019 and we will be taking a look at the U.S. Dollar against the Canadian dollar. Looking at the 1 hour time frame we can see price action has retraced back around to the 1.33631 area. Price action coming back to these levels coincides with the 50% fib retracement level and seeing a...

FuturesForexClasses

Hello Traders, Happy Easter and welcome to the Weekly Forex market analysis. Today is April 21st, 2019 and we will be taking a look at the U.S. Dollar Currency Index on the daily chart and take an outlook into the upcoming week. Looking at the Dollar Index here on a daily time frame, we can see a rising wedge type formation still playing out for a few months now....

FuturesForexClasses Updated 

Hello Traders, welcome to the Daily Forex technical analysis. Today is April 18th, 2019 and we will be taking a look at the British Pound against the Japanese Yen. Looking at the 4 hour time frame we can see price action has retraced back to the 145.859 area and its now acting as support, where previously it was acting as resistance a few times. As price action...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is April 17th, 2019 and we will be taking a look at the Euro against the Australian Dollar. Looking at the 4 hour time frame, looking at the overall structure price action keeps confronting the 1.57326 area as resistance and were looking for a break to the downside. So ultimately what were looking...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is April 16th, 2019 and we will be taking a look at the Australian Dollar against the Canadian Dollar. Looking at the 4 hour time frame, we are looking for a retest of the .95689 area to look for possible long entry. Entry for a Long position near the .95689 area, with a Stop Loss near the .95512,...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is April 15th, 2019 and we will be taking a look at the Australian Dollar against the US Dollar. Looking at the 4 hour time frame, following the breakout of the wedge were looking for some more bullish continuation to the upside. With possible bullish momentum continuing to extend this bull flag...

FuturesForexClasses

Hello Traders, welcome to the Weekly Forex technical analysis. Today is April 15th, 2019 and we will be taking a look at the U.S. Dollar Currency Index on the daily 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 a rising wedge type formation playing out. Last week...

FuturesForexClasses

Hello Traders, welcome to the DAILY Forex technical analysis. Today is April 12th, 2019 and we will be taking a look at the Euro against the Canadian Dollar. Today we are unfortunately a bit late to the Daily Forex analysis, but there is still some life left to this analysis, and we can can analyze the outcome together. Looking at the 4 hour time frame we were...

FuturesForexClasses

Hello Traders, welcome to the DAILY Forex technical analysis. Today is April 11th, 2019 and we will be taking a look at the Euro against the U.S.Dollar. Looking at the 4 hour time frame we can see we have made a series of higher lows and price action is now consolidating above major key support and resistance near the 1.12548 area. With this consolidation we will...

FuturesForexClasses

Hello Traders, welcome to the DAILY Forex technical analysis. Today is April 10th, 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 can see consecutive lows throughout the current area of support near the 1.32951 levels. We can see price action have a beautiful bullish rejection of the 1.32951...

FuturesForexClasses

Hello Traders, welcome to the DAILY Forex technical analysis . Today is March 28th, 2019 and we will be taking a look at the U.S. Dollar against the Japanese Yen. Looking at the 4 hour time frame we can see the we have rejection at the 110.867 support and resistance area. With that small precipitous drop in mind we will be looking for another move up towards the...

FuturesForexClasses

Hello Traders, welcome to the DAILY Forex technical analysis. Today we will be taking a look at CADCHF as there may be a possible short corrective move on the horizon. Taking a look at that .74557 support and resistance area as it may act as resistance setting us up for a great 2:1 risk to reward upon an entry at that resistance area of .74557 and looking to take...