The USD/CAD pair broke higher during the course of the session on Thursday, clearing the 1.32 level at one point. Any pullback at this point in time should continue to find plenty of support below, as we...
The GBP/USD pair fell slightly during the day on Thursday, and then bounced a bit the form a candle that looks a bit like a hammer. At the end of the day though, I have no interest...
The EUR/USD pair initially tried to rally during the day on Thursday, but found enough resistance above the 1.10 level to turn things back around and fall rather significantly. Although this is an area that I have...
The AUD/USD pair fell rather significantly during the course of the day on Thursday, forming a very significant bearish candle. In that being the case it’s likely that the markets will continue to see quite a bit...
USDCAD bounced off the ascending channel support around the 1.3100 area recently and is on its way to test resistance at 1.3300-1.3350. If this area holds as a ceiling, price could head back down for another test...
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USDCAD’s rise from 1.3005 extended to as high as 1.3248. Further rise to test 1.3313 resistance could be expect after a minor consolidation. Support levels are at 1.3200 and 1.3160, as long as these levels hold, the...
AUDUSD broke below 0.7650 support, indicating that the uptrend from 0.7506 had completed at 0.7734 already. Further decline could be expected over the next several days, and next target would be at 0.7500 area. Resistance levels are...
EURUSD stays in the downward price channel on 4-hour chart and remains in downtrend from 1.1279. As long as the channel resistance holds, the downtrend could be expected to continue, and next target would be at 1.0700...
The USD/JPY pair fell during the course of the day on Wednesday, as we continue to go back and forth overall. The 103 level seems to be supportive in general, so it’s likely that sooner or later...
