The USD/JPY pair fell during the course of the day on Wednesday, falling behind the 105 level again. With that being the case, the market looks like it’s ready to pull back a little bit and look...
The USD/CAD pair fell during the session on Wednesday, but remains within the consolidation area that we have been stuck in for some time now. The candle is very negative looking – but at this point it...
The GBP/USD pair fell during the session after initially going back and forth on Wednesday, as the market looks ready to continue going much lower. With that, we are very negative and recognize that the GBP/USD pair...
The EUR/USD Pair rose slightly during the Wednesday session, but found sellers above again. The markets will be paying attention to the interest rate statement coming out of the ECB today, looking for clues of further QE...
The AUD/USD pair rose during the session on Wednesday, but remains within the consolidation area that we had seen form over the last several weeks. Because of this, we are relatively ambivalent when it comes to this...
USDCAD remains in uptrend from 1.0810, the fall from 1.0942 is likely correction of the uptrend. Support levels are at 1.0870 and 1.0845, as long as these levels hold, the uptrend could be expected to resume, and...
USDCHF remains in uptrend from 0.8997, the fall from 0.9212 is likely consolidation of the uptrend. Support is located at the upward trend line on 4-hour chart. As long as the trend line support holds, the uptrend...
USDJPY remains in uptrend from 101.50, the fall from 105.30 is likely consolidation of the uptrend. Support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend...
AUDUSD is facing 0.9373 resistance, a break of this level will signal resumption of the uptrend from 0.9237, then next target would be at 0.9450 area. Support is at 0.9315, only break below this level could trigger...
GBPUSD’s downward movement from 1.6643 extended to as low as 1.6440. Further decline is still possible after a minor consolidation, and next target would be at 1.6200 area. Resistance is at 1.6510, only break above this level...
