GBPUSD failed to break above 1.3480 resistance, and stayed in the trading range between 1.2795 and 1.3480. Deeper decline to test 1.2795 support would likely be seen next week, a breakdown below this level will signal resumption...
EURUSD is facing the support of the price channel on daily chart. A clear break below the channel support will indicate that the upward movement from 1.0911 had completed at 1.1366 already, then the following downward movement...
The USD/JPY pair rose slightly during the course of the session on Friday, but we continue to grind sideways overall as there is plenty of volatility in this market right now, and not necessarily a whole lot...
The USD/CAD pair rose during the course of the session on Thursday, slicing through the 1.32 level. By doing so, we continue to test serious resistance and I think we are trying to break out to the...
The GBP/USD pair fell apart during the course of the day on Friday as we crashed towards the 1.30 level. Given enough time, we should continue to see negativity in this market and therefore think rallies will...
The Euro fell rather sharply during the course of the day on Friday, slamming into the 1.1150 level. However, this is an area that is very important in general so I would not be surprise at all...
The AUD/USD pair fell slightly during the course of the session on Friday, as we continue to bang around the 0.75 handle. This is an area that continues to be a bit of a magnet for price,...
EURAUD recently broke above the neckline of an inverse head and shoulders pattern, signaling a reversal from its previous downtrend. Before price resumes its climb, it could still make a pullback to the broken resistance area. ...
Being contained by 1.3252 (Jul 27 high) resistance, USDCAD pulled back from 1.3235, indicating that consolidation of the uptrend from 1.2822 is underway. Range trading between 1.3080 and 1.3235 would likely be seen in a couple of...
USDJPY is forming a sideways consolidation in a range between 101.20 and 103.35. Support is at 101.20, a breakdown below this level could bring price to test 99.52 support. Resistance is at 103.35, only break above this...
