USDJPY broke below 110.86 support, indicating that the short term downtrend from 112.13 has resumed. Deeper decline to test 110.23 support is possible, a breakdown below this level will take price to the next support level of...
AUDUSD broke above 0.7465 resistance, indicating that the downward movement from 0.7517 had completed at 0.7416 already. Further rally to test 0.7517 resistance could be expected in a couple of days, a break though this level could...
GBPUSD remains in downtrend from 1.3047, the rise from 1.2775 could be treated as consolidation of the downtrend. Further decline could be expected after the consolidation and next target would be at 1.2700 area. Resistance is at...
EURUSD stays in a falling price channel on its 4-hour chart and is now in short term downtrend from 1.1267. As long as the pair is in the channel, the downtrend could be expected to continue and...
USDCAD has reached the bottom trend line of the ascending price channel on its daily chart which acts as support for the upside movement. As long as the price is above the bottom trend line, the pair...
The USD/JPY pair has been choppy during the session on Monday, as we continue to hover around the 111.25 level. The market looks very likely to try to stabilize in this area, but if we can break...
The USD/CAD pair was slightly negative during the day on Monday, but is starting to find support near the 1.3425 handle. The market has been in a downtrend for some time, and of course is driven heavily...
The British pound rose again during the session on Monday, as we have stabilized over the last couple of days. The selloff was rather drastic, but at this point we have the 1.2750 level underneath. The 1.2750...
The EUR/USD pair did very little during the day on Monday, as we continue to grind just below the 1.12 level, an area that of course has a certain amount of psychological importance, but currently seems to...
The Australian dollar had a choppy back and forth type of situation form on Monday, as we gapped lower, then bounced to find resistance at the 0.7450 level. After that, we fell down to the 0.7425 level,...
