The GBP/USD pair broke higher during the course of the session on Monday, but is right in the middle of the previous consolidation area so we feel it’s only a matter time before the resistance comes into...
The EUR/USD pair initially fell during the session on Monday, but as you can see found support below the 1.23 level enough to turn things back around and form a hammer. That being the case, we feel...
The AUD/USD pair bounced during the session on Monday, but quite frankly we feel that any bounce at this point in time is just simply going to be an invitation to start selling again. The market should...
USDJPY is making another test of the rising trend line support visible on its 1-hour forex time frame. The pair has just traded around the 122.00 levels and pulled back to the 120.50 area, which is around...
USDCAD’s upward movement from 1.1191 extended to as high as 1.1493. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.1600 area. Key support is...
USDCHF stays above the rising trend line on 4-hour chart, and remains in uptrend from 0.9531. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
USDJPY remains in uptrend from 117.23, the fall from 121.84 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...
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 is facing the resistance of the downward trend line on 4-hour chart. A clear break above the trend line resistance will indicate that lengthier consolidation for the downtrend from 1.6182 (Oct 28 high) is needed, then...
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.2599. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...
