AUDUSD moved sideways in a range between 0.9202 and 0.9461. As long as 0.9202 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8660, one more rise to 0.9550...
GBPUSD is facing the support of the price channel on daily chart. As long as the channel support holds, the uptrend from 1.4813 (Jul 9, 2013 low) could be expected to resume, and further rise to 1.7200...
EURUSD remains in uptrend from 1.2747 (Apr 4, 2013 low), the price action from 1.3892 is likely consolidation of the uptrend. Range trading between 1.3477 and 1.3993 would likely be seen over the next several weeks. Key...
The USD/JPY pair went back on forth on Friday, but ultimately couldn’t make up its mind. The market sees plenty of support at the 101.25 level, and as a result it doesn’t surprise us that the market...
The USD/CAD pair initially tried to rally during the session on Friday, but as you can see we fell to the 1.0850 level. With that, we feel that this market will more than likely find buyers down...
The GBP/USD pair rose during the session on Friday, but broke out to the upside and on top of the hammer, which of course is a very supportive sign. We think that the market continues to go...
The EUR/USD pair fell during the session on Friday, but as you can see found the 1.37 level to be supportive again. Because of this, we feel that ultimately this market is probably getting ready to bounce,...
The AUD/USD pair went back and forth on Friday, ultimately settling on a relatively unchanged candle. The shape of the candle is a bit like a hammer, but quite frankly we been grinding away sideways at the...
A reversal chart pattern can be seen on the 4-hour time frame of AUD/CAD, indicating that the pair’s climb may be cut short and may soon reverse. The heand and shoulders formation has a neckline around the...
The USD/JPY pair rose initially during the session on Thursday, testing the 102 area. This area pushed the market back down, and sent it all the way down to the 101.25 region. This is the area that...
