The USD/JPY pair had a choppy session on Monday, as we rallied towards the 110.75 level, but found that area resistive a couple of times. Currently, it looks as if the market is trying to consolidate, which...
The USD/CAD pair tried to rally during the day on Monday, but found the 1.35 level above to be resistive. Because of this, we rolled over and try to reach towards the 1.3450 level during the day....
The GBP/USD pair initially gapped lower at the open on Monday, but then went sideways for several hours. After that, the market broke higher, reaching above the 1.29 level above. That was a resistance barrier that has...
The EUR/USD pair gapped lower at the open on Monday, turned around to test that level again, and then fell significantly. The 1.1230 level has offered support, so the question now is whether or not we can...
The Australian dollar gapped lower at the open on Monday, but then fill that gap as one would expect. After that, we pulled back but then found an explosive moved to the upside as the market now...
EURJPY has formed lower highs and higher lows, creating a symmetrical triangle formation visible on its 4-hour time frame. Price just bounced off the resistance and is on its way to testing support at the 124.00 major...
USDCAD broke below the ascending trend line on its 4-hour chart, indicating that the rise from 1.3387 is complete. Deeper decline to test 1.3387 support would likely be seen and a breakdown below this level will confirm...
USDJPY is facing 110.23 support. A breakdown below this level will indicate that the downtrend from 114.36 has resumed, then further decline to 109.60 area could be seen. Resistance level are at 111.30 and 112.13, only break...
AUDUSD broke above the resistance of the descending trend line on the 4-hour chart, indicating that the downward movement from 0.7517 had completed at 0.7371 already. Further rise to test 0.7517 resistance could be seen after a...
No changed in our view, GBPUSD remains in downtrend from 1.3047, the rise from 1.2769 could be treated as correction of the downtrend. Resistance is at the rising trend line on the 4-hour chart now at around...
