EURUSD failed to break above 1.2599 resistance, and stays in the trading range between 1.2247 and 1.2599. As long as 1.2599 resistance holds, the price action in the range could be treated as consolidation of the downtrend...
The USD/JPY pair fell hard during the course of the session on Tuesday, but found enough support just above the 115 level to form a little bit of a hammer. That being the case, we feel that...
The USD/CAD pair went back and forth during the course of the session on Tuesday, but as you can see just looks like it’s settling down in this general vicinity. Even if we do fall from here,...
The GBP/USD pair as you can see initially fell during the session on Tuesday, and then broke much higher. However, the 1.58 level continues to offer resistance and therefore we are not ready to start buying yet....
EUR/USD pair broke higher during the course of the session on Tuesday, but ran into quite a bit of resistance just above the 1.25 handle. That being the case, we ended up forming a massive shooting star,...
The AUD/USD pair originally broke higher during the session on Tuesday, but as you can see the sellers step back in and started pushing the market down at the 0.8250 level. Ultimately, we ended up forming a...
GBPUSD has been stuck in a range on its 1-hour time frame, as the pair found support at the 1.5600 major psychological level and resistance at the 1.5750 minor psychological mark. Price recently bounced off the bottom...
USDCAD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.1191. As long as the trend line support holds, further rise could be expected, and next target would be at 1.1800 area....
USDCHF’s downward movement from 0.9817 extended to as low as 0.9553. Further decline is still possible, and next target would be at 0.9500 area. Resistance is at 0.9680, only break above this level could trigger another rise...
USDJPY broke below 117.23 support, indicating that the uptrend from 105.32 (Oct 15 low) had completed at 121.84 already. Further decline could be expected, and next target would be at 115.00 area. Resistance is at 119.60, only...
