USDCAD broke above 1.3147 resistance. Further rise could be expected over the next several days, and next target would be at 1.3400 area. Support is at 1.3020, as long as this level holds, the uptrend will continue.
USDJPY broke above 103.05 resistance indicating that the uptrend from99.52 has resumed. Further rise to test 104.31 resistance could be seen, a break of this level could bring price to 106.00 zone. Support is at 101.20, only...
AUDUSD broke below 0.7489 support and reached as low as 0.7441. Further decline could be expected over the next several days, and next target would be at 0.7200 area. Resistance is at 0.7570, as long as this...
GBPUSD broke below the bottom of the price channel on 4-hour chart, indicating that the uptrend from 1.2865 had completed at 1.3445 already. Resistance is located at the downward trend line. As long as the trend line...
EURUSD broke below the bottom of the price channel on 4-hour chart, indicating that the uptrend from 1.1123 had completed at 1.1326 already. Further fall would likely be seen over the next several days, and next target...
The USD/JPY pair fell during the course of the session on Monday, as currency traders around the world started to buy the Japanese yen as a bit of a safety bid. However, I think that there is...
The USD/CAD pair initially tried to rally during the course of the day on Monday, but turn right back around and form a bit of a shooting star. Ultimately, this is a market that looks likely to...
The GBP/USD pair rose slightly during the course of the session on Monday, as we continue to see quite a bit of volatility. The 1.34 level above looks to be resistive, and it extends all the way...
The EUR/USD pair went back and forth during the day on Monday, as we continue to try to find our footing in this market. The market will continue to see volatility, as we are simply waiting to...
The Australian dollar initially fell during the course of the session on Monday, testing the 0.75 level. However, this large, round, psychologically significant number offers a buying opportunity on a break above the top the hammer, and...
