The EUR/USD pair broke higher during the course of the day on Wednesday, breaking above the 1.28 level. However, we are starting to see a bit of resistance just above it, so we are simply waiting for...
The AUD/USD pair broke higher during the course of the day on Wednesday, clearing the 0.88 level but not clearing the resistance above. Because of this, we are still suspicious of the Australian dollar, and although we...
USDCAD has recently broken past the 1.1200 major psychological resistance and zoomed close to the 1.1400 handle in the past weeks, before showing signs of a retracement. Price is now retreating back to the 1.1200 area, which...
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USDCAD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.0810 (Aug 29 low). As long as the trend line support holds, the uptrend could be expected to continue, and next target...
USDCHF’s downward movement from 0.9687 extended to as low as 0.9370. Resistance is now located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to...
USDJPY stays below the downward trend line on 4-hour chart, and remains in downtrend from 110.08, and the fall extended to as low as 105.32. As long as the trend line resistance holds, the downtrend could be...
AUDUSD continued its sideways movement in a range between 0.8642 and 0.8898. 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 fall to...
GBPUSD remains in downtrend from 1.6524, the rise from 1.5874 is likely consolidation of the downtrend. Near term resistance is located at the upper line of the price channel on 4-hour chart, as long as the channel...
EURUSD’s upward movement extended to as high as 1.2867. Support is now at the rising trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to continue, and next...
