USDJPY continued its sideways movement in a narrow range between 118.58 and 121.62. As long as 118.58 support holds, the sideways movement could be treated as consolidation of the uptrend from 116.13, further rise to 125.00 area...
AUDUSD is facing 0.6907 support, a breakdown below this level will indicate that the downtrend from 0.9504 (Jul 1, 2014 high) has resumed, then next target would be at 0.6500 area. On the other side, as long...
GBPUSD remains in downtrend from 1.5929. Further decline could be seen over the next several weeks, and next target would be at 1.4700 area. Resistance levels are at 1.5400 and 1.5660, only break above these levels could...
EURUSD remains in downtrend from 1.1713, the rise from 1.1087 is likely consolidation of the downtrend. Deeper decline is possible after consolidation, and next target would be at 1.0600 area. Resistance levels are at 1.1460 and 1.1713,...
The USD/JPY pair fell significantly during the course of the session on Friday, but found enough buyers below to turn things back around and form a massive hammer. On a break above the top of the hammer,...
The USD/CAD pair initially tried to rally on Friday but then turned back around to form a rather negative candle. With that being the case, the market looks as if it is to continue dropping from here....
The GBP/USD pair initially tried to rally during the course of the day on Friday, but found the area above the 1.52 level to be far too resistive to continue going higher. Because of this resistance, we...
The EUR/USD pair broke higher during the course of the session on Friday, as the jobs number came out very light. With that, the US dollar sold off initially, but we believe that traders are starting to...
The AUD/USD pair initially fell during the course of the session on Friday, but found enough support at the 0.70 level to turn things back around and form a hammer. That hammer of course is a very...
The USD/JPY pair fell during the course of the session on Thursday, as we continue to bounce around the 120 handle. With that being the case, the market looks as if it is simply going sideways, and...
