AUDUSD continued its downward movement from 0.8795, and the fall extended to as low as 0.8162. Resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could...
GBPUSD continued its sideways movement in a range between 1.5541 and 1.5825. As long as 1.5825 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.6182 (Oct 28 high),...
EURUSD moved sideways in a 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 from 1.2867 (Oct 15 high), another...
The USD/JPY pair fell during the course of the session on Monday, as we continue to meander around the 117.50 level. With that being the case, the market looks as if it could find support in this...
The USD/CAD pair broke out to the upside during the session on Monday, as the 1.16 level has been shot straight through. The candle of course is a very positive looking, and a large one on top...
The GBP/USD pair fell hard during the session on Monday, but remains within the consolidation area that we have been in for some time. That being the case, the market looks as if it is ready to...
The EUR/USD pair went back and forth during the course of the session on Monday, but ended up forming a relatively benign and neutral candle. Because of this, it feels as if the market should continue to...
The AUD/USD pair went back and forth during the course of the session on Monday, and as a result it looks as if it is ready to simply go sideways. Ultimately though, if we can close below...
EURUSD is consolidating inside a symmetrical triangle pattern ahead of the top-tier events from both the euro zone and the US this week. For today, German and French manufacturing and services PMIs are lined up and these...
USDCAD’s upward movement from 1.1191 extended to as high as 1.1673. Further rise is still possible after a minor consolidation, and next target would be at 1.1800 area. Key support is located at the upward trend line...
