Forex forecast and technical analysis

Get our daily forex forecast and technical analysis. We use our analysis to manage our own hedge fund. Daily Forex forecast and technical analysis bought to you by Yellow Fx team. We are not providing guarantee or assurance to use our analysis into your live trade. Its our own view and we are just sharing our knowledge with you.

Forex forecast and technical analysis USDJPY

We are in bullish mode on USDJPY currency pair

Here is the forex forecast and forex technical analysis for USDJPY January 19 2015. USDJPY pair is struggling to maintain is uptrend in the last trading week. In fact in small time frame it showed some indication of coming down trend. But on bigger time frame still it shows an upward bullish indication of coming days unless it breaks the current strong support level 116.850.

USDJPY monthly technical analysis

USDJPY monthly technical analysis still shows us a bullish indication. We have drawn a upward Fibonacci level from 18/5/2014. It gives us a 23.6 Fibonacci level on 116.850 price level. Though market falls in lower time frame but somehow USDJPY was able to retain the current support level. So we are expecting that usdjpy currency pair will touch our monthly target level 124.000.
usdjpy-monthly-forex-forecast-jan-19-2015

USDJPY weekly forex forecast

Weekly forex forecast of USDJPY tells us that market might maintain the uptrend in coming weeks. On the weekly chart we can see that the market maintained the support level 116.850 price level. Last week candle was a bull candle but it stopped over that important support level. We are expecting that market will bounce back from here.
usdjpy-weekly-forecast-01-19-2015

USDJPY daily forex forecast

In our USDJPY daily forex forecast we are expecting that market will go to our target level 124.000. Though currently it is falling. The last two candles on the daily chart is very lucrative. There was a bear candle followed by a bull candle and this week market will open above the last bear candle which will be a nice signal for coming uptrend on usdjpy dail chart.
usdjpy-daily-forex-forecast-01-19-2015

USDJPY daily technical analysis H4 chart

If we consider the H4 chart of USDJPY pair we can see that 50 EMA already crossed the 200 EMA it might be an indication of coming downtrend. But as we discussed above, in longer time frame the pair is still bullish. We are expecting a short term downward move above 116.850 price level and from there it will give us an entry signal for a longer upward trend.
usdjpy-daily-technical-analysis-h4-jan-19-2015

USDJPY forecast H1

On the H1 chart the USDJPY pair already made a down trend. But as we told, it might be a false signal till market beats the 116.850 support level on longer timer frame. We have drawn a psychological resistance level on H1 chart that is 118.212. We want to wait that market will cross that level and after then we will go for an long entry. If market again falls and maintain the 116.850 support level we can make an entry too.
usdjpy-forecast-h1-jan-19-2015

Team YellowFX is bullish on USDJPY currency pair. Though the pair confirmed a downtrend on H1 chart but we are watching at longer time frame and its still indicates us an upward trend, but we will carefully watch this pair and choose our long entry very carefully.

Forex forecast and technical analysis AUDUSD

We are in bearish mode on AUDUSD currency pair
Here is the forex technical analysis forex forecast for AUDUSD pair, January 5 2015. Below you will find graphical illustrations of forex analysis for AUDUSD on various time frame. We tried to graphically illustrate our forex analysis for AUDUSD so that you can logically understand the visualize of our analysis by yourselves.

Weekly forex forecast forex technical analysis AUDUSD

AUDUSD weekly chart shows us a number of strong bull candle and still the down trend is ongoing. We are expecting that the trend will continue for at least 0.79400. 0.79400 price level is also 61.8 Fibonacci level on monthly chart.
weekly forex forecast forex technical analysis audusd jan 5 2015

AUDUSD monthly technical analysis

On the monthly chart, market is going to touch the upward Fibonacci level 50.0. There is no indication for trend change. It might touch that strong support then the pair will decide whether it will bounce and start a new up trend or it will break it and we might see more down trend.
audusd monthly technical analysis

AUDUSD daily analysis and daily forecast

The daily chart of AUDUSD shows us a nice indication of future down trend. Its clean and still falling
audusd daily analysis and daily forecast

AUDUSD h4 technical analysis

On the H4 chart, the market is below the 50 EMA and the chart is following the trend. We are definitely short on this pair.
audusd h4 technical analysis

Team YellowFX is bearish on AUDUSD currency pair.We will remain bearish until market touches the price level 0.79400.

Forex forecast and technical analysis EURUSD

We are in bearish mode on EURUSD currency pair
Here you can find the forex forecast for EURUSD currency pair, as well as the EURUSD technical analysis for 5th of January 2015. We mostly use images so that you can visualize the existing scenario or price action chart by your own yes and can verify the logic behind our illustrations.

Weekly EURUSD forecast and technical analysis

The EURUSD pair is currently experiencing super support that is 1.2000 that is just below the upward monthly fibonacci 50.0 level. It seems all these support is broken we just need few confirmation candle to go for a short entry on this currency pair. On the weekly chart, some strong bear candle that is breaking the 1.2000 level.weekly eurusd forecast and technical analysis 5 january 2015

Monthly technical analysis

On the monthly chart of EURUSD pair, that its breaking the current 1.2000 support level and market is falling with force and it will continue the down trend unless there is a big fundamental changes for EURO or USD.
monthly technical analysis jan 5 2015

Daily technical analysis and forecast

On the daily chart, that the pair is crossing the monthly Fibonacci level 50.0 and price level 1.2000. There is no indication of trend change and market is suppose to follow the current down trend
daily technical analysis and forecast jan 5 2015

Team YellowFX is bearish on EURUSD currency pair. Most of the charts shows that the market is trying to break that monthly 50 Fibonacci level. Still its unable to break that level. Today market will get a new monthly candle and it will break the level.

Forex forecast and technical analysis GBPUSD

We are in bearish mode on GBPUSD currency pair

Here is the forex forecast and GBPUSD technical analysis for January 5 2015. You will see a number of price chart on various time frame that we have been used on forex analysis of GBPUSD. We are trying to show our analysis graphically so that you can easily see and understand the main point of our analysis.

Weekly GBPUSD forecast technical analysis

GBPUSD piar is passing the the monthly Fibonacci level 23.6 that is 1.53106. Though this price level is suppose to be a strong support for the current downtrend, but we think it will break this level and market will fall more. It means a continuation of further down trend. This thing yet not finalized. We have to wait till a definite break of the current 23.6 level or price level 1.53106.
weekly gbpusd forecast technical analysis 5 january 2015

GBPUSD monthly technical analysis

On the monthly chart of GBPUSD piar, that market is experiencing the downward Fibonacci level 23.6, more specifically 1.53106 price level. USDDOLLAR is strongly bullish and we believe that market will break this support level and GBPUSD will fall further down.
gbpusd monthly technical analysis jan 5 2015

GBPUSD daily technical analyis and forex forecast

While we look at the daily chart of GBPUSD, that market is firmly falling, at the same time it is experiencing the support level 1.53106. Last trading day the pair made a huge fall and we are anticipating that the pair will fall more in coming days.
gbpusd daily technical analyis and forex forecast

GBPUSD analysis h4

On the h4 chart of GBPUSD pair, that market is firmly falling. There is no sign for trend change in coming days. We have only one strong monthly support. But that seems to be broken easily with the current market flow.
gbpusd analysis h4

Team YellowFX is bearish on GBPUSD currency pair. We have a strong support level on this pair that is monthly Fibonacci level 23.6, 1.53106 price level. But we are expecting more down trend on this particular pair.

Forex forecast and technical analysis NZDUSD

We are in bearish mode on NZDUSD currency pair

Here is the forex forecast and NZDUSD technical analysis for NZDUSD January 5 2015. Below you will find illustrations forex analysis of NZDUSD on various time frame. We tried to graphically illustrate our forex analysis for NZDUSD so that you can logically understand the significance of our analysis.

NZDUSD weekly forecast and technical analysis

NZDUSD pair still following our last few analysis. On the weekly chart of this pair ,there is a strong monthly Fibonacci level 23.6 support at 0.76800 price level. USD is strongly bullish mode, we are expecting that the pair will break the level and continue the downtrend to 0.73500 price level that is Fibonacci level 38.2. We will wait a bit for the definite crossing of 0.76800 price level and only then we can go short on this pair.
nzdusd weekly forex forecast forex analysis 5 january 2015

NZDUSD forecast monthly

On the monthly chart of NZDUSD pair, market is still hanging on the monthly 23.6 Fibonacci level. It is waiting to break the level. Today we will find a new monthly candle if it opens below that 23.6 level of 0.73500 level then it might be an indication of further down trend on NZDUSD pair.
nzdusd forecast monthly jan 05 2015

NZDUSD daily forex forecast forex technical analysis

The daily chart of NZDUSD pair shows us that market is testing the current support level 0.735000 level and its ranging. But as we already told we are expecting that strong USD dollar will break this support level and the pair will fall further down.
nzdusd daily forex forecast forex technical analysis january 5 2015

NZDUSD analysis h4 chart

On the H4 chart, the market is ranging in our that given level. Market for NZDUSD is still undecided. The first trading day of this week is very important as it might gives us a decision or give us a new signal for a short trade.
nzdusd analysis h4 jan 05 2015

Team YellowFX is bearish on NZDUSD currency pair. Most of the charts shows that the market is trying to break that monthly 23.6 Fibonacci level. Still its unable to break that level. But today we will see a new monthly candle and it might break that level. We have to wait and see.