GBPUSD broke below the upward trend line on daily chart, indicate that the uptrend from 1.1946 had completed at 1.2774 already. Deeper decline to test 1.1946 support would likely be seen in a couple of weeks, a...
EURUSD broke below 1.0462 (Mar 13, 2015 low) support, indicating that the long term downtrend from 1.3993 (May 8, 2014 high) has resumed. Further decline could be expected after a minor consolidation, and next target would be...
The USD/JPY pair rallied again on Thursday as we continue to see US dollar strength in general. The 115 level should now be massively supportive, and essentially the “floor” in this market. A pullback should find plenty...
The USD/CAD pair rallied on Thursday, as we continue to see quite a bit of bullish pressure in this market. The 1.34 level of course is a large, round, psychologically significant number, but I believe that the...
The GBP/USD pair broke down below a trend line during the session on Thursday, slicing through the 1.25 level. If we can continue to go lower, and I think we will, we should reach towards the 1.23...
The EUR/USD pair broke down during the day on Thursday, slicing through the 1.05 level. This is an area that was so supportive recently that it’s now a very negative sign for the Euro. I believe now...
The AUD/USD pair fell during the day on Thursday, reaching towards the 0.73 level below. That is an area of that is massively supportive, but I think we will break down below there given enough time. Anytime...
GBPJPY is still trending higher, moving above a rising trend line on its 1-hour chart and getting ready for another test of support. The trend line coincides with a former resistance at the 146.00 to 146.50 levels,...
USDCAD is in uptrend from 1.3080, the fall from 1.3417 could be treated as consolidation of the uptrend. Support is at 1.3200, as long as this level holds, the uptrend will continue, and next target would be...
USDJPY remains in uptrend from 101.18. As long as 114.73 support holds, the uptrend could be expected to continue, and next target would be at 120.00 area. Only break below 114.73 support could signal completion of the...
