The US dollar did very little against the Japanese yen on Tuesday, as we wait for the results of the FOMC meeting. Quite frankly, this is not a huge surprise, but I do believe that eventually we...
The USD/CAD pair fell apart during the session on Tuesday again, reacting to comments coming out of Bank of Canada member Carolyn Wilkins, suggesting that perhaps the Canadian central bank will have to taper off a quantitative...
The British pound continues to be one of the more volatile currencies around the world, and that makes quite a bit of sense as we have had so many shocks over the last several months. I still...
The EUR/USD pair had a relatively quiet session on Tuesday as we await the Federal Reserve meeting results at the end of the day today. Because of this, the market may be quiet over the next 24...
The Australian dollar try to rally during the session on Tuesday, but found enough resistance above the turnaround for a bit of a shooting star. I believe that the market will continue to try to rally though,...
USDCAD is now in downtrend from 1.3537, and the fall extended to as low as 1.3211. Near term resistance is at 1.3300, as long as this level holds, the downtrend could be expected continue and next target...
No changed in our view, USDJPY remains in uptrend from 109.11, the fall from 110.81 could be treated as consolidation of the uptrend. Another rise could be expected after the correction and next target would be at...
AUDUSD failed to break above 0.7566 resistance and continued its sideways movement on the 4-hour chart. Near term support is at 0.7500, as long as this level holds, the sideways move could be treated as consolidation of...
GBPUSD formed a sideways movement in a trading range between 1.2634 and 1.2779 on its 4-hour chart. As long as the pair is below 1.2779 resistance, the price action in the range could be treated as consolidation...
EURUSD is facing the resistance of the top trend line of the bearish price channel on its 4-hour chart. As long as the pair is in the channel, the bearish move from 1.1285 could be expected to...
