GBPUSD broke below 1.4565 (Apr 13, 2015 low) support. Further decline could be expected after a minor consolidation, and next target would be at 1.4000 area. Near term resistance is at 1.4750, as long as this level...
No changed in our view, EURUSD remains in uptrend from 1.0517, the fall from 1.1059 is treated as correction of the uptrend. Another rise could be seen after correction, and next target would be at 1.2000 area....
The USD/JPY pair initially tried to rally during the course of the session on Friday, but found enough resistance above the 118.50 level to turn things back around and form a rather negative candle. That being the...
The USD/CAD pair rose during the course of the day on Friday, as we continue to see quite a bit of strength. In fact, we have a shooting star from the Thursday session, and that been broken...
The GBP/USD pair fell significantly during the course of the session on Friday, breaking down below the bottom of the hammer from the Thursday session. We tested the 1.45 level for support, and as a result it...
The EUR/USD pair initially fell during the course of the day on Friday, testing the 1.08 level for support. However, we turned back around to form a bit of a hammer, and that of course is a...
The AUD/USD pair fell significantly during the course of the day on Friday, breaking below the bottom of the hammer from the Thursday session. This suggests that we are going to continue to go lower, and as...
The USD/JPY pair fell during the session on Thursday, breaking well below the 118 level which we had previously suggested was massive support. The fact that we turned back around to form a hammer suggests that the...
The USD/CAD pair initially tried to rally during the course of the session on Thursday, but turned back around just below the 1.42 level. That of course is a round number, and that of course will attract...
The GBP/USD pair fell during the day on Thursday, testing the 1.45 level just below. Having said that, the market bounce significantly in order to form a bit of a hammer, which of course is a very...
