The USD/JPY pair initially rallied on Monday, but turned around to form a shooting star. The shooting star suggests that we are in a pullback, but I think there is plenty of support below to keep me...
The USD/CAD pair gapped slightly lower at the open on Monday, hanging about the previous uptrend line. Because of the Canadian dollar did not rally as drastically as the oil markets did, I am a bit suspicious...
The GBP/USD pair rallied on Monday, as the US dollar softened a bit overall. The 1.27 level above could be resistive yet again, but I think the real massive “ceiling” in this market is closer to the...
The EUR/USD pair rallied on Monday, as we continue to find the 1.05 level supportive. However, I think it’s only a matter time before the exhaustion comes back into play, and we can start selling yet again....
The AUD/USD pair rallied on Monday, testing the 0.75 level above as resistance. This is a market that looks likely to test this area, and if we can break above there and close above and on a...
USDJPY appears to be stalling from its recent rallies as price is approaching a long-term area of interest visible on the daily and weekly charts. Price previously broke below support at the 116.00 major psychological level, which...
AUDUSD broke above 0.7508 resistance and continued its upward movement from 0.7369. Further rise could be expected and next target would be at 0.7600 area. Support level is at 0.7428, only break below this level could signal...
GBPUSD is facing 1.2700 resistance, a break of this level could signal resumption of the uptrend from 1.2302, then next target would be at 1.2900 area. Key support is now at 1.2548, a breakdown below this level...
EURUSD failed to break below 1.0505 support and rebounded to 1.0650 area. However another fall to test 1.0505 support is still possible, a breakdown below this level will signal resumption of the downtrend from 1.1299, then next...
NZDUSD is trending higher on its 1-hour time frame, moving inside a rising channel connecting the latest highs and lows of price action. Price is currently testing the channel support, which lines up with a former short-term...
