GBPUSD is forming a sideways consolidation in a range between 1.4634 and 1.5162. The sideways movement could be expected to continue over the next several days. Resistance is at 1.5162, as long as this level holds, another...
EURUSD is forming a sideways consolidation in a range between 1.0462 and 1.1045. The sideways movement could be expected to continue over the next several days. As long as 1.1045 resistance holds, the long term downtrend from...
The USD/JPY pair fell hard during the course of the day on Wednesday as the Federal Reserve announced its monetary policy, suggesting that perhaps they will have to be patient for longer than anticipated about rate increases....
The USD/CAD pair found support at the 1.25 level, but only after smashing through it at one point. In fact, the market broke down significantly and as a result it looks like we are going to continue...
The GBP/USD pair broke higher during the course of the session after initially falling on Wednesday, as we sliced through the 1.50 level. In fact, the surge was massive and as a result we anticipate quite a...
The EUR/USD pair broke higher during the course of the day on Wednesday, testing the 1.10 level after the Federal Reserve suggested that perhaps the interest rates in the United States will remain low for a longer...
AUD/USD pair broke higher during the course of the session on Wednesday, testing the 0.79 level. However, we found enough resistance in that general vicinity to withstand the bullish pressure. Alternately, if we get some type of...
USDCAD is now in downtrend from 1.2835. Further decline could be expected over the next several days, and next target would be at 1.2300 area. Resistance levels are at 1.2700 and 1.2835, only break above these levels...
USDJPY broke below 120.66 support, indicating that the uptrend from 118.23 had completed at 122.02 already. The pair is now in downtrend, further decline could be expected over the next several days, and the target would be...
AUDUSD broke above the channel resistance, indicating that the downtrend from 0.7912 had completed at 0.7560 already. The pair is now in uptrend, further rise could be expected after consolidation, and the target would be at 0.8000...
