The AUD/USD pair fell during the course of the day on Thursday, but found enough support to turn things back around and form a hammer. Because of this, we feel that this market is more or less...
USDCAD remains in uptrend from 1.0810 (Aug 29 low), the fall from 1.1385 is likely consolidation of the uptrend. Support is at the upward trend line on 4-hour chart, as long as the trend line support holds,...
USDCHF stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.9687, the rise from 0.9370 is likely consolidation of the downtrend. As long as the trend line resistance holds, the downtrend could...
USDJPY is facing the resistance of the downward trend line on 4-hour chart. A clear break above the trend line resistance will indicate that the downtrend from 110.08 had completed at 105.32 already, then the following upward...
AUDUSD moved sideways in the trading range between 0.8642 and 0.8898 for several days. As long as 0.8898 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 0.9401, another...
GBPUSD’s bounce from 1.5874 extended to as high as 1.6109. Further rise is still possible, and next target would be at the upper line of the price channel on 4-hour chart. However, as long as the channel...
EURUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.2500, the fall from 1.2867 is likely consolidation of the uptrend. As long as the trend line support holds, the uptrend could...
The USD/JPY pair fell significantly during the course of the session on Wednesday, but found the 105 level to be as supportive as we had anticipated. Because of this, the market bounced roughly 100 pips, and we...
The USD/CAD pair initially tried to rally during the course of the day on Wednesday, touching the 1.14 region but finding enough resistance to turn things back around and head towards the 1.1250 level. The market should...
The GBP/USD pair broke higher on Wednesday, as the US dollar sold off against most currencies. However, the British pound did run into a bit of trouble at the 1.60 level, as we are closing just and...
