USDCHF remains in uptrend from 0.8855, the fall from 0.9395 is likely consolidation of the uptrend. Near term support is at 0.9280, as long as this level holds, the uptrend could be expected to continue, and next...
USDJPY’s upward movement from 101.06 extended to as high as 107.39. Further rise would be expected over the next several weeks, and next target would be at 115.00 area. Support levels are at 106.00 and 105.25, only...
AUDUSD broke below 0.9202 support, indicating that the uptrend from 0.8660 had completed at 0.9504 already. Further decline could be expected over the next several weeks, and next target would be at 0.8500 area. Resistance is at...
GBPUSD remains in downtrend from 1.7190, the rise from 1.6051 is likely consolidation of the downtrend. Resistance is located at the downward trend line on daily chart. As long as the trend line resistance holds, the downtrend...
EURUSD is in downtrend from 1.3700, the rise from 1.2859 is likely consolidation of the downtrend. Resistance is located at the downward trend line on daily chart. As long as the trend line resistance holds, the downtrend...
The USD/JPY pair broke higher during the course of the day on Friday, continuing a very impulsive move. Because of this, we feel that the market is a bit overbought at this point in time, so we...
The USD/CAD pair went higher during the course of the day, showing real strength during Friday’s session. It appears that we are now broken out, and now that we have cleared the 1.10 level rather significantly, we...
The GBP/USD pair initially fell during the course of the day on Friday, but found enough support below in order to form a nice-looking hammer. We have not broken above the gap from the beginning of the...
The EUR/USD pair rose during the course of the day on Friday, but as you can see the 1.30 level has offered resistance yet again. That being the case, we ended up forming a shooting star, and...
The AUD/USD pair fell hard during the session on Friday, slamming into the 0.90 region. That area should be massively supportive, and as a result we think that it’s only a matter of time before we get...
