USDCAD broke above 1.0940 resistance, indicating that the downward movement from 1.0985 had completed at 1.0860 already. Further rise to test 1.0985 resistance is possible, a break above this level could trigger another rise towards 1.1500. On...
USDCHF broke above the upper line of the price channel on 4-hour chart, indicating that the fall from 0.9114 had completed at 0.8997 already. Further rise could be expected, and next target would be at 0.9200 area....
USDJPY continued its upward movement from 101.50, and is now facing 103.08 resistance, a break above this level will target 104.00 area. Support is now at 102.50, only break below this level will indicate that the uptrend...
AUDUSD failed to break above 0.9373 resistance, and pulled back from 0.9343, indicating that the uptrend from 0.9238 had completed. Further decline would likely be seen, and next target would be at 0.9250 area. Resistance is at...
GBPUSD broke below 1.6657 support, indicating that the downtrend from 1.7190 has resumed. Further decline could be expected, and next target would be at 1.6500 area. Resistance is located at the downward trend line on 4-hour chart,...
EURUSD broke below 1.3333 support, and continued its downward movement from 1.3700, and the fall extended to as low as 1.3313. Further decline could be expected over the next several days, and next target would be at...
NZDUSD has been moving inside a falling channel on its 1-hour time frame, reflecting a short-term downtrend. Price has just found resistance at the top of the channel and is moving to the bottom. The channel support...
The USD/JPY pair initially fell during the course of the session on Monday, but found enough or below in order to bounce and go higher. The resulting hammer does suggests that the markets get ready to go...
The USD/CAD pair initially fell during the course of the day on Monday, but found enough support below to turn things back around and form a hammer. With that, the market ended up showing a significant amount...
The GBP/USD pair gapped higher at the open on Monday, and then simply sat there. We clear the 1.67 handle, and as a result we believe that this market will go higher. The 1.68 level is resistance...
