The EUR/USD pair broke down a little bit during the session on Monday, as the market is now testing the 1.08 handle. If we can get below that number, we believe that this market will then head...
The AUD/USD pair fell during the course of the day on Monday, and as you can see broke down below the 0.77 handle. We recognize that there is a lot of noise just below, so even though...
USDCAD is in uptrend from 1.2410. Further rise to test 1.2835 resistance would likely be seen, a break of this level will signal resumption of the long term uptrend from 1.0619 (Jul 3, 2014 low). Support levels...
USDJPY’s bounce from 118.33 extended to as high as 120.36. Near term resistance is at 120.50, a break of this level will indicate that the downtrend from 122.02 had completed at 118.33 already, then the following upward...
AUDUSD’s downward movement from 0.7938 extended to as low as 0.7632. Further decline to test 0.7560 support would likely be seen, a breakdown below this level could signal resumption of the long term downtrend from 0.9504 (Jul...
GBPUSD remains in uptrend from 1.4634. Further rise to 1.5350 area to complete the upward movement would likely be seen. Resistance is at 1.5000, a break of this level could signal resumption of the uptrend. Key support...
EURUSD is in short term downtrend from 1.1052. Deeper decline to test 1.0462 support would likely be seen, a breakdown below this level will signal resumption of the long term downtrend from 1.3993 (May 8, 2014 high)....
The USD/JPY pair had a slightly negative session on Friday, but remains supported by the 119 region. Because of this, we are bullish of this pair, but we do not think that it’s safe to start buying...
The USD/CAD pair broke much higher during the course of the session on Friday as the 1.25 level offered quite a bit of support. Not only did the support come into play, the market broke above the...
The GBP/USD pair broke back and forth during the course of the session on Friday, but most importantly tested the 1.48 level below for support. If we can break down below that level, we feel that the...
