The GBP/USD pair initially tried to rally during the session on Tuesday, but struggled in order to hang onto any type of gains, so therefore we ended up falling. The market is a little bit slow at...
The EUR/USD pair broke higher during the course of the day on Tuesday, clearing the 1.25 level yet again. This market continues to slice back and forth, so therefore we feel that this market will eventually turned...
The AUD/USD pair went back and forth during the session on Tuesday, struggling to gain any significant momentum to the upside. There is a significant amount of resistance just above at the 0.88 handle, an area that...
AUDUSD has recently been on a short-term climb, but it looks like the rally could be reversed now that a head and shoulders pattern formed on its 1-hour forex time frame. Price is a few pips away...
USDCAD’s downward movement from 1.1466 extended to as low as 1.1260. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 1.1200 area. However, a clear...
USDCHF remains in downtrend from 0.9739, as long as the trend line resistance holds, the rise from 0.9552 could be treated as consolidation of the downtrend. Further decline would likely be seen, and next target would be...
USDJPY’s upward movement from 105.32 extended to as high as 117.21. Support is now at 115.45, as long as this level holds, the uptrend could be expected to continue, and next target would be at 119.00 area....
AUDUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 0.8540 had completed at 0.8795 already. Further decline to test 0.8540 support would likely be seen. Resistance is at 0.8795, only break...
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.6182, the rise from 1.5592 is likely consolidation of the downtrend. Key resistance is located at the trend line, only a clear...
EURUSD stays above the rising trend line on 4-hour chart, and remains in uptrend from 1.2358, the fall from 1.2577 would possibly be consolidation of the uptrend. As long as the trend line support holds, the uptrend...
