USD/CHF has been in a sharp selloff for the past couple of weeks, mostly due to US dollar weakness. However price has started pulling up after dipping close to the .8850 minor psychological support. The Fibonacci retracement...
The USD/JPY pair initially fell during the session on Wednesday, but as you can see found enough support near the 101.50 level to turn things back around and go higher. This was partially helped by the ADP...
The USD/CAD pair rose during the session on Wednesday, bouncing off of the trend line that has been rising and supporting this market for some time now. On top of that, we are still above the 1.06...
The GBP/USD pair went slightly higher during the session on Wednesday, but looks as if it’s trying to build up enough steam to go higher. The markets been rather strong recently, so it’s interesting to see how...
The EUR/USD pair fell during the session on Wednesday, testing the 1.3650 handle. That level of course was a resistance area, and breaking above it was significant as well. The fact that we are starting to find...
The AUD/USD pair fell significantly during the session on Wednesday, taking back most of the gains from the Tuesday session. This being the case, the market looks as if it’s trying to find support at the site...
USDCAD broke above the downward trend line on 4-hour chart, indicating that consolidation of the downtrend from 1.0960 is underway. Range trading between 1.0626 and 1.0710 is possible in a couple of days. Resistance is at 1.0710,...
USDCHF remains in downtrend from 0.9012, the rise from 0.8855 is likely consolidation of the downtrend. Resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could...
USDJPY broke above 101.85 resistance, indicating that the downtrend from 102.79 had completed at 101.23 already. Further rise could be expected, and next target would be at 102.50 area. Support is at 101.23, only break below this...
AUDUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 0.9208 had completed at 0.9504 already. Further decline could be expected, and next target would be at 0.9250 area. Resistance levels are...
