EUR/USD daily chart, March 15, 2017 The EUR/USD pair fell on Tuesday, breaking the bottom of a shooting star from Monday. This is a very negative sign, and I believe that if we can break down below...
AUD/USD daily chart, March 15, 2017 The AUD/USD pair fell significantly during the day on Tuesday but found enough support at the 100-exponential moving average to turn things around and form a hammer. Because of this, I...
USDCAD stays in a ascending price channel on 4-hours chart, and remains in uptrend from 1.3009. As long as the channel support holds, the fall from 1.3535 could be treated as consolidation of the uptrend and further...
USDJPY stays in the rising price channel on 4-hours chart and remains in uptrend from 111.68. As long as the pair stays in the channel, the fall from 115.50 could be treated as consolidation of the uptrend...
AUDUSD remains in downtrend from 0.7740, the price action from 0.7542 is likely consolidation of the downtrend. Key resistance is at 0.7632, as long as the pair is below this level, the downtrend could be expected to...
GBPUSD continued its downward movement from 1.2569 and the fall extended to as low as 1.2109. Resistance is now at 1.2251, as long as this level holds, the downtrend could be expected to continue and next target...
EURUSD’s fall from 1.0714 extended to as low as 1.0600. Deeper decline to test the support of the ascending price channel on 4-hours chart is possible. A clear break below the channel support will confirm that the...
USD/JPY daily chart, March 14, 2017 The USD/JPY pair went back and forth on Monday, showing signs of hesitation just below the 115 handle. On Friday, we formed a shooting star which is a negative sign, but...
USD/CAD daily chart, March 14, 2017 The USD/CAD pair gap lower at the open on Monday, but turned around to fill that gap immediately. We then found enough resistance to turn around and form a shooting star...
GBP/USD daily chart, March 14, 2017 The GBP/USD pair rally during the day on Monday, slamming into the 1.2250 level. This is an area that has been of interest recently, and I think that if we can...
