USDJPY is facing the resistance of the price channel on 4-hour chart, a clear break above the channel resistance will indicate that the uptrend from 115.85 has resumed, then the following upward movement could bring price to...
AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.8294. As long as the trend line resistance holds, the rise from 0.7625 could be treated as consolidation of the downtrend, and...
GBPUSD stays in the trading range between 1.4950 and 1.5268. As long as 1.5268 resistance holds, the price action from 1.5034 could be treated as consolidation of the downtrend from 1.5785 (Dec 16, 2014 high), and another...
EURUSD broke above the downward trend line on 4-hour chart, indicating that the downtrend from 1.2569 (Dec 16, 2014 high) had completed at 1.1097 already. Range trading between 1.1097 and 1.1650 would likely be seen over the...
The USD/CAD pair broke down during the course of the day on Monday as oil markets rebounded a bit. However, the 1.25 level below should be rather supportive, so we are looking for some type of supportive...
The USD/JPY pair initially fell during the course of the day on Monday, but found support yet again in order to continue consolidating going forward. That being the case, we feel that the market is essentially one...
The GBP/USD pair fell during the course of the session on Monday, but found the 1.50 level to be supportive enough to cause a little bit of a bounce again. With that being the case, we feel...
The EUR/USD pair did very little during the session on Monday, but continues to essentially grind its way sideways, as the market has no idea what to do at this point. The 1.14 level continues to be...
EURNZD is forming a rising channel on its 1-hour time frame but seems prime for a countertrend play, as price is testing the range resistance. The pair has consolidated around the 1.5550-1.5600 psychological levels and may be...
USDCAD remains in uptrend from 1.1803, the fall from 1.2797 is likely consolidation o f the uptrend. Range trading between 1.2380 and 1.2797 could be seen in a couple of days. Support is at 1.2380, as long...
