After touching 1.0933 support, USDCAD rebounded from 1.0926, indicating that the pair remains in uptrend from 1.0810, and the fall from 1.1098 could be treated as correction of the uptrend. Further rise to test 1.1098 would likely...
USDCHF’s upward movement from 0.8997 extended to as high as 0.9432. Further rise could be expected, and next target would be at 0.9600 area. Near term support is at the upward trend line on 4-hour chart, and...
After consolidation, USDJPY continued its upward movement from 101.50, and the rise extended to as high as 108.67. Further rise could be expected after a minor consolidation, and next target would be at 110.00 area. Near term...
AUDUSD continued its downward movement from 0.9401 and the fall extended to as low as 0.8938. Further decline could be expected and next target would be at 0.8700 area. Near term resistance is at the downward trend...
GBPUSD is facing the resistance of the downward trend line on 4-hour chart. As long as the trend line resistance holds, the rise from 1.6051 could be treated as consolidation of the downtrend from 1.7190 (Jul 15...
After consolidation, EURUSD broke below 1.2859 support and continued its downward movement from 1.3411, and the fall extended to as low as 1.2834. Further decline could be expected, and next target would be at 1.2600 area. Resistance...
The USD/JPY pair initially fell during the course of the session on Tuesday, but found enough support below to show the 107 level to be supportive. The resulting candle was a hammer, and as a result it...
The USD/CAD pair fell hard during the course of the day on Tuesday, slicing back through the 1.10 support level in order to show real Canadian dollar strength. This would’ve been basically as a result of strengthening...
The GBP/USD pair went back and forth during the course of the day on Tuesday, and ended up forming a nice hammer for the day. We are testing the resistance above, we feel that it is only...
The EUR/USD pair broke higher during the course of the day on Tuesday, but found the 1.30 level to be far too resistive. That area has offered far too much in the way of pressure to keep...
