After breaking above 0.9461 resistance, AUDUSD pulled back from 0.9504, indicating that lengthier consolidation of the uptrend from 0.8660 is underway. Deeper decline to test 0.9202 support would likely be seen next week, as long as this...
GBPUSD’s upward movement from 1.4813 (Jul 9, 2013 low) extended to as high as 1.7179. Further rise is still possible next week, and next target would be at 1.7500 area. Near term support is located at the...
EURUSD’s bounce from 1.3503 reached 1.3700 only, the subsequent fall is likely resumption of the downtrend from 1.3993. Deeper decline to re-test 1.3477 key support is possible next week, a breakdown below this level will confirm that...
The USD/JPY pair fell slightly during the session on Friday, but with the Americans away for the Independence Day holiday, we feel that this market should continue to find buyers eventually and the slightly negative candle for...
The USD/CAD pair had a slightly positive session on Friday, as we continue to walk along the uptrend line that has been so influential in this market lately. As long as we are above the 1.06 level,...
The GBP/USD pair went back and forth on Friday, hanging about the 1.7150 level. This market looks extraordinarily bullish at this point in time, so a break of the top of the range for the Friday session...
The EUR/USD pair fell during the session on Friday, but needless to say since the Americans were celebrating Independence Day, liquidity would have been a bit of an issue. We are starting to bounce around the 1.36...
The AUD/USD pair rose slightly during the session on Friday, testing the 0.9350 level for support. That being the case, the market looks like it’s ready to bounce from here and head back towards the 0.9450 handle....
The USD/JPY pair did in fact go much higher during the session on Thursday as the job summer came out better than anticipated. Because of this, it appears that the Federal Reserve is just that much closer...
The USD/CAD pair fell during the course of the session on Thursday, testing the uptrend line that we have been bouncing off of recently. The market still sits above the 1.06 handle, so we are not interested...
