Forex Signals and Professional Market Commentary Since 2008

PRO Analysis for April 24th

PRO Analysis for April 24th

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Free Forex Signals – Threatening Downside Correction

Free Forex Signals – Threatening Downside Correction

EURUSD Daily Analysis: Fiber (E$ nickname) has jutted below 1.3800 in the early morning hours but is currently being bid back up above 1.3810. Despite the topside breakout of the bullish flag pattern (two blue lines on 4h chart) earlier … Continue reading

PRO Analysis for April 23rd

PRO Analysis for April 23rd

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Free Forex Signals – Bulls Break Flag Pattern

Free Forex Signals – Bulls Break Flag Pattern

EURUSD Daily Analysis: We saw a hard bounce off of 1.3780 support yesterday, sending the pair up over 70 pips to challenge 1.3850 a few hours ago. After that bounce (off of the 50% retracement of the 1.3670-1.3910 rally), which … Continue reading

PRO Analysis for April 22nd

PRO Analysis for April 22nd

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Free Forex Signals – Scalping the Walls

Free Forex Signals – Scalping the Walls

EURUSD Daily Analysis: Yesterday’s upper resistance held, lower resistance did not, creating a bearish channel on the 4h chart for the week (blue lines on 4h chart). We are near the top of that channel now (around 1.3830) and expect … Continue reading

PRO Analysis for April 21st

PRO Analysis for April 21st

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Free Forex Signals – Consolidation Breakout Approaching

Free Forex Signals – Consolidation Breakout Approaching

EURUSD Daily Analysis: Euro barely moved last week, instead consolidating into a tightening pennant triangle on the 4h charts which is matched by a triangle on the RSI. This consolidation most likely will lead to a breakout, and the shape … Continue reading

PRO Analysis for April 18th

PRO Analysis for April 18th

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Free Forex Signals – Trend Remains Bullish For Now

Free Forex Signals – Trend Remains Bullish For Now

EURUSD Daily Analysis: Euro dropped into our buy limit yesterday, triggering our long at 3825. It has met with support above 3800, as expected, but has yet to rebound back toward 3850. The pairs movement has slowed to a crawl, … Continue reading