The USD/CAD pair bounced off the 1.13 level during the session on Monday, as the market went higher. That being the case, the market seems as if it’s ready to go much higher and we do recognize...
The GBP/USD pair broke down during the course of the day on Monday, as we continue the downtrend. The downtrend has been fairly strong, and we have broken down below significant support. Because of this, we feel...
The EUR/USD pair fell during the session on Monday, as the 1.25 level has offered significant resistance, as the market continues to struggle. We believe that this market should then go to the 1.2050 handle, which is...
The AUD/USD pair fell during the course of the day on Monday, testing the 0.86 level. This market looks like it’s ready to go lower as we have turned back around in the vicinity of what looks...
USDCAD’s fall from 1.1466 extended to as low as 1.1300, the subsequent bounce is likely resumption of the uptrend from 1.1121. Further rise to test 1.1466 resistance could be expected, a break of this level will confirm...
USDCHF stays in the upward price channel on 4-hour chart, and remains in uptrend from 0.9370, the fall from 0.9739 could be treated as consolidation of the uptrend. As long as the channel support holds, the uptrend...
USDJPY is in consolidation of the uptrend from 105.32, range trading between 113.17 and 115.50 would likely be seen in a couple of days. Key support is at 113.17, as long as this level holds, the uptrend...
AUDUSD’s downward movement from 0.8910 had completed at 0.8540 already. Range trading between 0.8540 and 0.8750 would likely be seen over the next several days. Resistance is at 0.8750, as long as this level holds, the downtrend...
AUDUSD has recently broken below the .8700 major psychological support zone and dipped to the .8550 area before making a pullback. This correction might last until the broken support area and the Fibonacci retracement levels on the...
GBPUSD remains in downtrend from 1.6182, as long as the channel resistance holds, the rise from 1.5790 could be treated as consolidation of the downtrend. Further decline would likely be seen, and next target would be at...
