AUDUSD continued its sideways movement in a range between 0.9202 and 0.9461. Key support is at 0.9202, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend...
GBPUSD remains in uptrend from 1.4813 (Jul 9, 2013 low), the fall from 1.6996 is likely consolidation of the uptrend. Key support is at 1.6465, as long as this level holds, the uptrend could be expected to...
EURUSD is facing 1.3477 key support, as long as this level holds, the fall from 1.3993 could be treated as consolidation of the uptrend from 1.2747 (Apr 4, 2013 low), one more rise to 1.4500 area is...
The USD/JPY pair fell during the bulk of the session on Friday after the nonfarm payroll numbers came out, but found enough support near the 102 level to bounce and form a nice-looking hammer. However, the 103...
The USD/CAD pair went back and forth during the course of the session on Friday, ultimately settling on a slightly positive candle. At the end of the day, not much a change day we still feel that...
The GBP/USD pair tried to rally during the session on Friday, but as you can see struggled to keep the gains. By the end of the day, we ended up forming a shooting star, and that of...
The EUR/USD pair fell during the course of the session on Friday after the nonfarm payroll numbers came out. However, as per usual, the nonfarm payroll numbers didn’t really make a huge difference one way or the...
The AUD/USD pair tried to rally during the session on Friday, but as you can see gave back almost all of the gains in order to form a shooting star. The shooting star of course is a...
Yesterday the European Central Bank behind President Mario Draghi has failed to accomplish what many have hoped for; a lower Euro. After his press conference during May’s ECB meeting where the central bank did not act Draghi...
USD/JPY is currently in a new uptrend but this has yet to be established, as the pair is making an attempt to test the rising trend line on the 4-hour time frame. Stochastic bounced from the oversold...
