USDJPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 101.50, the fall from 109.45 could be treated as consolidation of the uptrend. Key support is now at 108.24, as long as...
AUDUSD remains in downtrend from 0.9401, and the fall extended to as low as 0.8831. Near term resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend...
GBPUSD remains in uptrend from 1.6051, the fall from 1.6524 is likely consolidation of the uptrend. Near term support is at the upward trend line on 4-hour chart, and the key support is at 1.6283, as long...
EURUSD failed to break above the downward trend line on 4-hour chart, indicating that the pair remains in downtrend from 1.3411. As long as the trend line resistance holds, further decline could be expected, and next target...
The USD/JPY pair initially tried to rally during the session on Monday, but gave back most of the gains as the market is just simply far too overbought at this point to continue the kind of momentum...
The USD/CAD pair shot straight up during the course of the day on Monday, breaking well above the 1.10 level again. With this, it appears that the Canadian dollar will continue to soften of that, and as...
The GBP/USD pair initially fell during the course of the day on Monday, but found enough support to bounce and close near the 1.6350 level. The resulting candle is a hammer, and as a result it looks...
The EUR/USD pair initially fell during the course of the day on Monday, but bounced just above the 1.28 level. The resulting candle of course is a hammer, and because of that we feel that the market...
The AUD/USD pair fell during the course of the day on Monday, breaking below the 0.89 handle. We believe that this market will grind to the 0.88 level, but it might take a little bit of volatility...
USDCAD appears to be forming a rising trend channel on its 1-hour forex chart, as the pair recently made higher lows and higher highs. Price just bounced from the 1.0950 minor psychological level, which lines up with...
