Forex Signals and Professional Market Commentary Since 2008

daily forex signals

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

Free Forex Signals – Doing a Rain (Movement) Dance

Free Forex Signals – Doing a Rain (Movement) Dance

EURUSD Daily Analysis: In ancient North America then Native Americans would do something called a rain dance to dry and bring about rain during seasons of drought. We are strongly considering doing a “movement dance” to bring about any movement … Continue reading

Free Forex Signals – Euro Treading Water

Free Forex Signals – Euro Treading Water

EURUSD Daily Analysis: Euro market players seem hesitant to commit to any one direction as we once again are right back where we started yesterday – 1.3820, with volatility down to month lows on the pair. Euro zone inflation came … Continue reading

Free Forex Signals – Daily Trend Remains Bullish

Free Forex Signals – Daily Trend Remains Bullish

EURUSD Daily Analysis: Currency pairs consolidated sideways for most of the day yesterday, the Euro included, though it did find support above our 1.3780 “buy zone.” We remain long-term bullish on the pair (daily and weekly charts show a clear … Continue reading

Free Forex Signals – 1.3760 Holding Bulls Up

Free Forex Signals – 1.3760 Holding Bulls Up

EURUSD Daily Analysis: The Euro gapped downward this morning after strong “forward guidance” by Draghi (ECB) that if the Euro strengthened much more then central bank intervention may be needed. The threat alone was enough to scare the pair downward … Continue reading

Free Forex Signals – Trend is King, Strength is Queen

Free Forex Signals – Trend is King, Strength is Queen

EURUSD Daily Analysis: 1.39 limited the upside yesterday, as expected, though we still have not seen a meaningful bearish signal, meaning that this uptrend could continue at least until 1.3965 (March high) and possibly even 1.40. We do not expect … Continue reading

Free Forex Signals – Buying Dips Under 1.40

Free Forex Signals – Buying Dips Under 1.40

EURUSD Daily Analysis: Euro moved upward again yesterday, in line with the bullish trend, though the overbought hourlies should limit gains to below 1.39 until we see a bearish correction. We expect that bearish correction to be bought up, however, … Continue reading

Free Forex Signals – Bullish Pennant Forming on 4h Charts

Free Forex Signals – Bullish Pennant Forming on 4h Charts

EURUSD Daily Analysis: Euro moved sideways in a tight 30 pip range, between 1.3780 and 1.3810, yesterday, consolidating it’s recent gains. The 4h charts are still bearish beneath 1.3820 but are showing a bullish flag pole and pennant pattern, indicating … Continue reading

Free Forex Signals – 1.3820 Key April Resistance

Free Forex Signals – 1.3820 Key April Resistance

EURUSD Daily Analysis: The Euro has accelerated gains this morning, getting as high as 1.3807 but, so far, has failed to sustain a break above 1.3800. Ultimately a break above 1.3820 (the April high) is needed to confirm a return … Continue reading

Free Forex Signals – Riding the Downtrend

Free Forex Signals – Riding the Downtrend

EURUSD Daily Analysis: The 4h trend is clearly bearish with an obvious series of lower lows and lower highs, after the March 19th support break (red line on left side of chart). The weekly chart is bullish overall, but the … Continue reading