AUDUSD moved sideways in a trading range between 0.6907 and 0.7439 for several months. Another rise to test 0.7439 would likely be seen in a couple of weeks, a break of this level will indicate that the...
GBPUSD continued its downward movement from 1.5929, and the fall extended to as low as 1.4805. Further decline could be expected after a minor consolidation, and next target would be at 1.4700 – 1.4800 area. Resistance is...
EURUSD remains in uptrend from 1.0517, the pullback from 1.0159 could be treated as consolidation of the uptrend. Near term support is at 1.0740, as long as this level holds, the uptrend could be expected to continue,...
The USD/JPY pair fell during the course of the session on Thursday, as we continue to grind our way down to the 120 handle. Because of this, we feel it’s only a matter of time before the...
The USD/CAD pair did very little during the session on Thursday, as we essentially formed a neutral candle. Ultimately, we believe that this market has quite a bit of bullish pressure underneath, and with this we think...
The GBP/USD pair rose during the course of the session on Thursday, struggling at the 1.49 area. However, this market looks as if it will have to make some type of decision soon, so we are very...
The EUR/USD pair broke higher during the course of the session on Thursday, and now looks set to test the 1.10 level yet again. This is an area that should cause quite a bit of resistance anyway,...
The AUD/USD pair rose during the course of the day on Thursday, but gave back about half of the gains during the session. With that, the market looks as if it could very well pullback from here,...
The USD/JPY pair did very little during the day on Wednesday, as we continue to hover just above the 120.50 level. That’s the area where significant noise begins all the way down to the 118.50 level. At...
The USD/CAD pair broke down during the course of the day on Wednesday, as we have seen far too much in the way of resistance at the 1.40 level. That’s not a surprise though, it is of...
