The USD/CAD pair fell hard during the session on Monday, and as you can see is reaching towards the 1.06 level in order to find support yet again. With that being the case, looks like we’re going to continue...
The USD/JPY pair did very little during the session on Monday, essentially falling back to the 1.05 level in order to prove it as being supportive. This area was a significant resistance level previously, so of course it’s not...
The EUR/USD pair rose during the session after initially falling on Monday, but as you can see found trouble at the 1.38 handle yet again. In the end, we believe this is the beginning of for a significant resistance,...
The GBP/USD pair continues to meander around the 1.65 handle, essentially printing a neutral candle for the Monday session. With the lack of liquidity in the marketplace, and the New Year’s Day holiday coming, it’s hard to imagine that...
The AUD/USD pair rose during the session on Monday, bouncing off of the lows again. However, this market is simply showing a bit of a “dead cat bounce.” This is our opinion because of the fact that the liquidity...
USDCAD is facing 1.0737 resistance, a break above this level will signal resumption of the uptrend from 1.0182 (Sept 19 low), then next target would be at 1.0900 area. Key support is located at the lower line...
After breaking below 0.8832 support, USDCHF bounced strongly from 0.8799, suggesting that lengthier consolidation of the downtrend from 0.9249 (Nov 7 high) is underway. Further rally would likely be seen, the target would be at upper line...
USDJPY’s upward movement from 96.94 (Oct 25 low) extended to as high as 105.41. Further rise could be expected after a minor consolidation and next target would be at 106.00 area. Initial support is at 104.60, and...
AUDUSD is facing 0.8820 previous low support, a breakdown below this level will signal resumption of the downtrend from 0.9756 (Oct 23 high), then next target would be at 0.8500 area. Key resistance is located at the...
GBPUSD broke above 1.6481 resistance and reached as high as 1.6577 last Friday, suggesting that the uptrend form 1.5854 (Nov 12 low) has resumed. Further rise could be expected, and next target would be at 1.6700 area....
