The USD/CAD pair gapped lower at the open on Monday, and then turned around to fill that gap. By doing so, we found quite a bit of resistance, and turned around yet again to form an exhaustive...
The GBP/USD pair fell during the day on Monday, as the 1.25 level has offered resistance yet again. Ultimately, I believe that this market will continue to go lower, perhaps reaching towards the 1.22 handle below. If...
The EUR/USD pair fell significantly during the day on Monday as we got word that the FBI was not going to indict Hillary Clinton due to emails. With this, looks as if we are going to continue...
The AUD/USD pair initially fell on Monday but then found buyers to push the market higher. The gold markets fell during the day, and then reached towards the 0.7750 level. There is an exhaustive amount of resistance...
USDJPY is trending higher, moving inside an ascending channel on its 4-hour time frame. Price just bounced off the resistance late last week and is pulling back towards support at the 102.00 major psychological level. The pair...
USDCAD has been trending higher and moving inside an ascending channel on its 4-hour time frame. Price is currently testing the resistance and seems to be indicating that a test of support is in order. Stochastic...
USDCAD’s upward movement from 1.3005 extended to as high as 1.3465. Key support is at 1.3276, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.3600 area.
USDJPY remains in downtrend from 105.53, the bounce from 102.54 is likely correction of the downtrend. Another fall could be expected after correction, and next target would be at 100.50 area.
AUDUSD remains in uptrend from 0.7557, the fall from 0.7696 is likely consolidation of the uptrend. Further rise would likely be seen over the next several days, and next target would be at 0.7800 area. Support is...
GBPUSD’s upward movement from 1.2082 extended to as high as 1.2557. Further rise is still possible after a minor consolidation, and next target would be at 1.2650 area. Key support is at 1.2330, only break below this...
