The EUR/USD pair initially fell on Thursday, testing the 1.17 level. However, we have turned around significantly, and it looks as if this area could hold. If we can break above the 1.1775 level, the market should...
The Australian dollar fell a bit during the day on Thursday, reaching down towards the 0.75 zero level underneath. We bounce from there, but I think overall, we are going to continue to see quite a bit...
USDCAD extended its short term uptrend from 1.2413 to as high as 1.2752. As long as the price is above the bullish trend line on its 4-hour chart, the upside movement could be expected to continue and...
USDJPY extended its downside movement from 114.49 to as low as 108.90. As long as the price is below the bearish trend line on its 4-hour chart, the downtrend could be expected to continue and next target...
AUDUSD extended its downside movement from 0.8065 to as low as 0.7838 after failing in the attempt to break above the bearish trend line resistance on its 4-hour chart. As long as the price is below the...
Being supported by 1.2932 low, GBPUSD rebounded from 1.2951, suggesting that a short term bottom is being formed on the 4-hour chart. A break above 1.3030 near term resistance could bring price back into 1.3120 zone. On...
EURUSD broke above the falling trend line on its 4-hour chart, suggesting that the short term downtrend from 1.1909 had completed at 1.1689 already. Further rally could be expected in a couple of days and the target...
EURGBP is still trending higher as it tests the top of the ascending channel resistance visible on the 4-hour time frame. Stochastic is moving up to signal that there’s still some bullish pressure left but the oscillator...
USDCHF pulled back from 0.9772 to as low as 0.9611 after approaching the top resistance trend line of the price channel on its daily chart, indicating that the pair remains in the downtrend from the December 2012...
The US dollar was very choppy against the Japanese yen during the Wednesday session as fears over conflict on the Korean Peninsula hit the markets. We break down below the 110 level, which of course is a...
