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EURUSD PRICE FORECAST FOR MAY 1ST 2015

EURUSD: After a massive down move, we have seen some buying interest at 1.0450 level and price moved higher around 600 pips. Currently price is slowly coming down again to retest the daily demand zone between 1.0650 - 1.0450. I am expecting this demand zone to hold on any retest and a bullish move into 1.1150 level in coming weeks. Price target for May 1st 2015 is 1.1000.
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USDCHF PRICE FORECAST FOR 2ND JANUARY 2014

We have seen lot of selling interest on USDCHF around 0.9700 & 0.9740 zone and price is making another attempt to breakout of this zone. If this zone holds, we could see a bearish momentum move into 0.9500 level in next few weeks.
TARGET 0.9500
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USDJPY PRICE FORECAST FOR 2ND JANUARY 2014

Since July 2014 USDJPY pushed higher around 1800 pips and based on Monthly charts there is no real resistance until 122.00 level. I am expecting price to hit this level in next two to three weeks and then a retracement back into 120.00 level.
TARGET 120.00
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USDCAD PRICE FORECAST FOR 2ND JANUARY 2014

Since July 2014 USDCAD pushed higher around 800 pips and November month closed above two important decision points. In December I am expecting continuation of bullish trend and price could reach 1.1700 level where some retracement could happen towards 1.1550 level.
TARGET 1.1550
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GBPUSD PRICE FORECAST FOR 2ND JANUARY 2014

Since July 2014 GBPUSD dropped around 1600 pips from a high of 1.7190 to 1.5592. In last couple of weeks we have seen some buying interest at 1.5600 level and selling interest at 1.5825 level. I am expecting breakout of 1.5600 level and price heading towards 1.5500 level where I am expecting lot of buying interest and price could head all the way up to 1.5940 level and then a retrace back into 1.5850 level.
TARGET 1.5850
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EURUSD PRICE FORECAST FOR 2ND JANUARY 2014

Since May 2014 this pair had a massive drop of around 1550 pips from the high of 1.40 level towards 1.2450 level. I am expecting price to drop further towards 1.2100 level and a retrace back towards 1.2300 level.
TARGET 1.2271
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AUDUSD PRICE FORECAST FOR 2ND JANUARY 2015

Since September 2014 AUDUSD dropped around 900 pips and the pair is currently at 0.8500 level but there is still lot of room for this pair to drop towards 0.8300 level or even further down towards 0.8050 level.
Beside technical reason, there are fundamental aspects which support continuation of bearish price action on AUDUSD as RBA thinks that despite the recent decline on this pair the AUD remains above most estimates of its fundamental value, particularly given the further declines in key comm…
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GBPJPY PRICE FORECAST FOR AUGUST 1ST 2014

GBPJPY: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Daily Chart
2) H4 Chart
Price Target 171.50 for 1st August 2014

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EURJPY PRICE FORECAST FOR AUGUST 1ST 2014

EURJPY: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Weekly Chart
2) Daily Chart
Price Target 136.50 for 1st August 2014

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AUDJPY PRICE FORECAST FOR AUGUST 1ST 2014

AUDJPY: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Weekly Chart
2) Daily Chart
Price Target 91.50 for 1st August 2014

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USDJPY PRICE FORECAST FOR AUGUST 1ST 2014

USDCAD: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Weekly Chart
2) Daily Chart
Price Target 103.00 for 1st August 2014

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USDCAD PRICE FORECAST FOR AUGUST 1ST 2014

USDCAD: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Weekly Chart
2) Daily Chart
Price Target 1.0800 for 1st August 2014

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USDCHF PRICE FORECAST FOR AUGUST 1ST 2014

USDCHF: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Weekly Chart
2) Daily Chart
Price Target 0.9000 for 1st August 2014

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NZDUSD PRICE FORECAST FOR AUGUST 1ST 2014

NZDUSD: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Monthly Chart
2) Weekly Chart
Price Target 0.8550 for 1st August 2014

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GBPUSD PRICE FORECAST FOR AUGUST 1ST 2014

GBPUSD: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Monthly
2) Weekly Chart

Price Target 1.7400 for 1st August 2014

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EURUSD PRICE FORECAST FOR AUGUST 1ST 2014

EURUSD: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Weekly Chart
2) Daily Chart
Price Target 1.3480 for 1st August 2014

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AUDUSD PRICE FORECAST FOR AUGUST 1ST 2014

AUDUSD: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Weekly Chart
2) Daily Chart
Price Target 0.9150 for 1st August 2014

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GBPJPY PRICE FORECAST FOR JUNE 2ND 2014

GBPJPY: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Bi Weekly Chart
2) 2 Day Chart
Price Target 179.85 for 2nd June 2014

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EURJPY PRICE FORECAST FOR JUNE 2ND 2014

EURJPY: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Weekly Chart
2) Daily Chart

Price Target 139.00 for 2nd June 2014

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AUDJPY PRICE FORECAST FOR 2ND JUNE 2014

AUDJPY: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Weekly Chart
2) Daily Chart

Price Target 98.00 for 2nd June 2014

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