EURUSD remains in downtrend from 1.2867 (Oct 15 high), the rise from 1.2280 is likely consolidation of the downtrend. Key resistance is at 1.2599, as long as this level holds, the downtrend could be expected to resume,...
The USD/CAD pair went back and forth during the session on Wednesday, showing that we are still fairly indecisive about where will going. However, it should also be noted that with the nonfarm payroll number coming out...
The USD/CAD pair went back and forth during the session on Wednesday, showing that we are still fairly indecisive about where will going. However, it should also be noted that with the nonfarm payroll number coming out...
The GBP/USD pair rose during the course of the session on Wednesday, but as you can see struggled at the top of the recent consolidation area. Because of that we feel that the market will ultimately bounce...
The EUR/USD pair fell hard during the course of the session on Wednesday, as we finally broke down below the 1.2350 level, an area that has been massively supportive recently. That being the case, the market also...
The AUD/USD pair tried to rally during the course of the session on Wednesday, showing the slightest possibility of going higher but since we turned back around it tells is really at this point time that the...
USDCAD moved sideways in a trading range between 1.1313 and 1.1458. As long as 1.1313 support holds, another rise to test 1.1466 resistance could be expected, a break of this level will signal resumption of the uptrend...
USDCHF broke above 0.9739 resistance, indicating that the uptrend from 0.9370 (Oct 15 low) has resumed. Further rise could be expected, and next target would be at 1.0000 area. Support is at 0.9700, as long as this...
USDJPY’s upward movement from 105.32 extended to as high as 119.93. Further rise could be expected and next target would be at 122.00 area. Key support is at 117.23, only break below this level could signal completion...
AUDJPY has been moving sideways as seen on the range on its 1-hour time frame. Price found support at the 100.00 major psychological mark and resistance at the 101.00 major psychological level. The pair is on its...
