The USD/JPY pair initially tried to rally during the session on Tuesday, but as you can see continue to simply go sideways. The marketplace will probably do very little over the next 24 hours, as the Americans...
The USD/CAD pair tried to break above the 1.13 level during the session on Tuesday, but ended up falling. That being the case, we ended up forming a negative candle but we believe that the market is...
The GBP/USD went back on forth on Tuesday, but continues to struggle at the 1.57 level. The area just above should continue to offer resistance, and we feel that the 1.60 level is where the resistance goes...
The EUR/USD pair initially fell during the course of the session on Tuesday, but ended up heading back towards the 1.25 handle. It’s actually the 1.26 level that we think that the significant resistance will come back...
The AUD/USD pair has broken down below the recent low, and looks as if it’s ready to head down to the 0.85 handle. That area should be massively supportive, as the market should continue to go lower...
USDCAD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.1466, the rise from 1.1191 could be treated as consolidation of the downtrend. As long as the trend line resistance holds, the...
USDCHF failed to break above 0.9739 resistance, and stayed in the trading range between 0.9531 and 0.9739. Another rise to test 0.9739 resistance would likely be seen, a break of this level will signal resumption of the...
USDJPY is facing the support of the bottom of the price channel on 4-hour chart. As long as the channel support holds, the uptrend from 105.32 could be expected to continue and next target would be at...
AUDUSD broke below 0.8540 support, indicating that the downtrend from 0.8910 has resumed. Further decline could be expected over the next several days, and next target would be at 0.8300 area. Resistance is at 0.8600, only break...
GBPUSD is facing the resistance of the downward trend line on 4-hour chart. As long as the trend line resistance holds, the rise from 1.5590 could be treated as consolidation of the downtrend from 1.6182, another fall...
