EUR/USD pair broke higher during the course of the day on Tuesday, slamming into the 1.25 handle. Because of that, it appears that the market does in fact have some buyers left in it, but this is...
The AUD/USD pair broke higher during the course of the session on Tuesday, but as you can see we are heading towards the 0.88 level, an area that has been of great interest to several different moves,...
USDCAD stays in the trading range between 1.1300 and 1.1466. As long as 1.1300 support holds, the price action could be treated as consolidation of the uptrend from 1.1121, another rise to 1.1600 area is still possible...
USDCHF is facing that bottom of the price channel on 4-hour chart, a clear break below the channel support will indicate that the uptrend from 0.9370 had completed at 0.9739 already, then deeper decline to 0.9400 area...
USDJPY broke above 115.50 resistance, and continued its upward movement from 105.32. Further rise could be expected, and next target would be at 117.00 area. Support is now at 113.86, only break below this level could signal...
AUDUSD’s upward movement from 0.8540 extended to as high as 0.8719. Further rise is still possible and the target would be at 0.8750 area. Support levels are at 0.8590 and 0.8540, only break below these levels could...
GBPUSD broke above this upper line of the price channel on 4-hour chart, indicating that the downtrend from 1.6182 had completed at 1.5790 already. Further rise would likely be seen, and the target would be at 1.6100...
EURUSD is facing the resistance of the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the rise from 1.2358 could be treated as consolidation of the downtrend from 1.2867,...
After breaking below support at the .8700 major psychological level and dipping to the .8550 mark, AUDUSD has pulled up to the area of interest and may be due to resume its drop soon. The 38.2% Fibonacci...
The USD/JPY pair rose during the session on Monday, banging into the 115 level. The pair has been very bullish lately, and we think this should continue. We recognize that the level should be resistive, but also...
