The EUR/USD pair broke down during the course of the day on Wednesday, slicing through the 1.25 handle. Because of this, the market looks like it’s ready to test the lows again, and eventually break down. We...
The AUD/USD pair broke down during the session on Wednesday, breaking below the fresh lows and signifying that the market should head down to the 0.85 handle. With that being the case, we are very bearish of...
GBPUSD has recently broken below a significant support level, a sign that further losses could be in the cards. After dipping close to the 1.5850 minor psychological support, price has pulled up for a retest of the...
USDCAD remains in uptrend from 1.1121, the fall from 1.1466 is likely consolidation of the uptrend. Support is at 1.1330, as long as this level holds, the uptrend could be expected to continue, and next target would...
After touching 0.9687 resistance, USDCHF pulled back from 0.9689. However, the fall is likely consolidation of the uptrend from 0.9370, as long as the channel support holds, the uptrend could be expected to resume, and another rise...
USDJPY’s upward movement from 105.32 extended to as high as 115.17. Support is now at 113.17, as long as this level holds, the uptrend could be expected to continue, and next target would be at 117.00 area....
AUDUSD broke below 0.8642 support, indicating that the downtrend from 0.9401 (Sept 5 high) has resumed. Further decline could be expected over the next several days, and next target would be at 0.8400 area. Near term resistance...
GBPUSD broke below 1.5874 support, indicating that the downtrend from 1.6524 (Sept 19 high) has resumed. Further decline could be expected, and next target would be at 1.5600 area. Resistance is at 1.6040, only break above this...
EURUSD is facing 1.2441 support, a breakdown below this level will signal resumption of the downtrend from 1.2867, then next target would be at 1.2200 area. Resistance is located at the upper line of the price channel...
USDCHF has broken above the resistance at the .9550 minor psychological level and looks prime for a pullback to the Fibonacci levels marked on the 1-hour time frame. The pair appears to be finding support at the...
