The AUD/USD pair as you can see initially went higher during the course of the session on Thursday, but we feel that the sellers above of course should continue to punish the Australian dollar as not only...
USDCAD has been on a short-term uptrend, as shown by the ascending trend line connecting the pair’s recent lows. Price looks ready to make a test of the trend line for now and may bounce off support,...
USDCAD remains in uptrend from 1.1191, the fall from 1.1673 is likely consolidation of the uptrend. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
USDCHF broke above 0.9817 resistance, indicating that the uptrend from 0.8703 (May 8 low) has resumed. Further rise could be expected, and next target would be at 1.0000 area. Support is at 0.9750, only break below this...
USDJPY is now in short term uptrend from 115.56. Further rise to test 121.84 resistance could be expected, a break of this level will signal resumption of the uptrend from 105.32 (Oct 15 low), then the following...
AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.8795. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...
GBPUSD failed to break below 1.5541 support, and stayed in the trading range between 1.5541 and 1.5825. Sideways movement in the range could be expected to continue in a couple of days. Key resistance is at 1.5825,...
EURUSD is facing 1.2247 support, a breakdown below this level will signal resumption of the downtrend from 1.2867 (Oct 15 high), then next target would be at 1.2000 area. Near term resistance is at 1.2375, only break...
The USD/JPY pair broke a little bit higher during the session on Wednesday, but as you can see is struggling just above the 117.50 level. With that being the case, we are buyers of this pair on...
The USD CAD pair fell rather significantly during the session on Wednesday, but as you can see turned back around and formed a massive hammer. The hammer of course suggests that the market is going to go...
