After touching the support of the bottom trend line of the bullish price channel on the daily chart, USDCAD rebounded from 1.3387. However, the price action of the rebound is likely consolidation of the short term downtrend...
USDJPY is in uptrend from 108.13, the pullback from 114.36 is likely correction of the uptrend. Near term resistance is at 112.12, as long as this level holds, the correction pullback could be expected to continue, and...
AUDUSD is now in uptrend from 0.7328, the fall from 0.7517 could be treated as correction of the uptrend. Near term resistance is at 0.7517, a break of this level could bring price to the next resistance...
GBPUSD is facing the key support at 1.2756. A breakdown below this level will indicate that the upward movement from 1.2109 had completed at 1.3047 already, this could trigger another fall to test 1.1946 support. On the...
EURUSD continued its bullish movement from 1.0569 and the rise extended to as high as 1.1285. As long as the pair is above the ascending trend line on the 4-hour chart, the bullish move could be expected...
The US dollar rallied at the open on Friday, but you can see fell apart against the Japanese yen as we went into the trading day. This was mainly due to the jobs number being a disappointment...
The USD/CAD pair initially tried to rally on Friday, but turned right back around as the jobs number was so soft. We broke below the 1.35 handle, and that suggests that we are going to continue to...
The GBP/USD pair initially fell during the day on Friday, and saw quite a bit of volatility after the jobs number came out in the United States less than anticipated. We now find the market hanging about...
The EUR/USD pair exploded to the upside after a less than stellar jobs number coming out of the United States. The Friday session was very bullish, and it now looks as if we are going to continue...
The AUD/USD pair exploded to the upside on Friday, and reaction to the weaker than anticipated jobs number coming out of the United States. By breaking through the 0.74 level, we now find this market trying to...
