GBPUSD remains in uptrend from 1.4813 (Jul 9, 2013 low), further rise is still possible after a minor consolidation, and next target would be at 1.7500 area. Support is at 1.7030, followed by the upward trend line...
EURUSD moved sideways in a range between 1.3503 and 1.3700. The price action in the range is likely consolidation of the downtrend from 1.3993, another fall to test 1.3477 support could be expected, a breakdown below this...
The USD/JPY pair went back and forth during the course of the session on Friday, showing that the 101 level is still supportive enough to keep this market afloat, and that we are still within the consolidation...
The USD/CAD pair initially fell during the session on Friday, but after the Canadian jobs numbers came out negative, the Canadian dollar get absolutely pummeled. The uptrend line just below held the market up as well, and...
The GBP/USD pair went back and forth during the session on Friday, essentially settling nothing. The 1.71 level did offer enough support to keep the market somewhat afloat though, so appears that we are simply taking a...
EUR/USD pair went back and forth during the course of the session on Friday, essentially hugging the 1.36 level again. That being the case, the market still seems like it’s essentially stuck at fair value, as the...
The AUD/USD pair tried to rally during the session on Friday, but as you can see really can go anywhere in the end. The market looks like it’s very resistive just above, so it is not until...
The USD/JPY pair initially when higher during the course of the session on Wednesday, but pullback later in the day in order to form a slightly less positive candle. With that, the market looks as if there...
The USD/CAD pair had a negative session on Wednesday, but as you can see still respects the positive trend line that the market has been following for some time. With this, we feel that the market should...
The GBP/USD pair initially fell during the session on Wednesday, but as you can see we bounced yet again in order to form a hammer. This market simply looks like it does not want to fall, and...
