USDCAD remains in uptrend from 1.0619, the fall from 1.1466 is likely consolidation of the uptrend. Near term support is at the bottom of the price channel on daily chart, as long as the channel support holds,...
USDCHF remains in uptrend from 0.8703, the fall from 0.9741 is likely consolidation o f the uptrend. Support is located as the bottom of the price channel on daily chart, as long as the channel support holds,...
USDJPY continued its upward movement from 101.06, and the rise extended to as high as 116.82. Further rise could be expected after a minor consolidation, and next target would be at 120.00 area. Support is at 113.50,...
AUDUSD moved sideways in a trading range between 0.8540 and 0.8910. The price action in the range is likely consolidation of the downtrend from 0.9504, as long as 0.8910 resistance holds, the downtrend could be expected to...
GBPUSD stays below the downward trend line on daily chart, and remains in downtrend from 1.7190, and the fall extended to as low as 1.5592. As long as the trend line resistance holds, the downtrend could be...
EURUSD remains in downtrend from 1.3993, the rise from 1.2357 is likely consolidation of the downtrend. Resistance is located at the top of the price channel on daily chart. As long as the channel resistance holds, the...
The USD/JPY pair initially broke higher during the course of the session on Friday, but found enough resistance above to turn things back around and form a shooting star. The shooting star of course signifies that we...
The USD/CAD pair fell during the course of the session on Friday, testing the 1.13 handle. This area is significant support, and we believe that it extends all the way down to the 1.12 handle as well....
The GBP/USD pair fell during the course of the session on Friday, but bounced enough to form a nice-looking hammer. This of course suggests that we could get a little bit of a bounce but we would...
The EUR/USD pair initially fell during the course of the session on Friday, but then bounced above the 1.25 level by the time we close. This of course is a very positive looking candle, and as a...
