USDCHF broke above 0.9036 resistance, indicating that the downtrend from 0.9838 (May 22, 2013 high) had completed at 0.8699 already. The pair is now in uptrend, further rise could be expected, and next target would be at...
USDJPY moved sideways in a narrow range between 100.75 and 104.12 for several months. The price action in the range is likely consolidation of the uptrend from 75.57 (Oct 31, 2011 low). Key support is at 100.75,...
AUDUSD stays in a trading range between 0.9202 and 0.9504. Key support is at 0.9202, a breakdown below this level will signal completion of the uptrend from 0.8660, then the following downward movement could bring price to...
GBPUSD remains in uptrend from 1.4813 (Jul 9, 2013 low), the fall from 1.7190 is likely consolidation of the uptrend. Support is located at the bottom of the price channel on daily chart. As long as the...
EURUSD broke below 1.3477 support, indicating that the uptrend from 1.2747 (Apr 4, 2013 low) had completed at 1.3993 already. The pair is now in downtrend, further decline could be expected over the next several weeks, and...
The USD/JPY pair initially tried to rally during the session on Friday, but as you can see found enough resistance near the 102 level to turn things back around and form a shooting star. That shooting star...
The USD/CAD pair broke higher during the course of the day on Friday, slicing through the 1.06 level. This level has been resistive previously, and as a result we feel that this market should continue to go...
The GBP/USD pair fell during the session on Friday again, closing below the 1.70 level again. That being the case, the market appears that we are going to go lower and attempt to test the 1.69 support...
The EUR/USD pair fell again during the session on Friday, breaking the bottom of the candle from the Thursday session, showing us that the market should continue to go lower. The 1.33 level below should be supportive...
The AUD/USD pair fell during the course of the day on Friday, continuing to bounce around in the consolidation area that we’ve been in for some time, and as a result we feel that only short-term trades...
