GBP/USD is moving closer to testing the top of the rising channel on the 1-hour time frame, although the pair seems to be retracing at the moment. Weak U.S. data has been propping up this pair so...
USDCAD remains in downtrend from 1.0341, the rise from 1.0083 is likely correction of the downtrend. Further decline could be expected next week, and next target would be at 1.0000. Key resistance is at 1.0293, only break...
USDCHF remains in downtrend from 0.9567, the rise from 0.9206 is likely correction of the downtrend. As long as 0.9567 key resistance holds, the downtrend could be expected to resume, and anther fall towards 0.9000 is still...
USDJPY remains in uptrend from 77.14 (Sep 13, 2012 low), the price action in the trading range between 95.82 and 99.94 is treated as consolidation of the uptrend. Support is now at 95.82, as long as this...
AUDUSD is in downtrend from 1.0582, the rise from 1.0220 is likely consolidation of the downtrend. Resistance is at 1.0400, as long as this level holds, the downtrend could be expected to resume, and another fall towards...
GBPUSD stays within a upward price channel on daily chart, and remains in uptrend from 1.4831, and the rise extends to as high as 1.5498. Further rise could be expected next week, and next target would be...
EURUSD is in uptrend from 1.2747, the fall from 1.3200 is treated as consolidation of the uptrend. Initial support is at 1.2900, as long as this level holds, the uptrend could be expected to resume, and another...
The USD/JPY pair fell during the session on Friday, as you can see on this chart. The fall was significant, and it does appear that the 100 level is going to give us quite a bit of...
The USD/CAD pair fell during the session on Friday, searching for the 1.0150 level. When they got there, it found enough support to stop falling, but it does look like a pair that’s going to grind a...
The GBP/USD pair had another positive session on Friday, touching the 1.55 handle. However, that area continues to be far too resistive, and we do suspect based upon price action back in the middle of February that...
