The USD/CAD pair fell during the session on Thursday, found enough support in the previous consolidation area to bounce and form a little bit of a hammer. That hammer could lead to a move higher, but we...
GBP/USD initially fell during the session on Thursday, but found enough support below the 1.6750 area to turn things back around and form a hammer. A break above the top of the hammer should send this market...
The EUR/USD pair fell hard during the session on Thursday, breaking well below the 1.37 level, but part of this would’ve been based upon news headlines coming out of Spain that the European Central Bank might bring...
The AUD/USD pair went back and forth during the session on Thursday, ultimately printing a fairly neutral candle. This neutral candle suggests that the market is and quite ready to make a decision yet, although it is...
No changed in our view, USDCAD remains uptrend from 1.0813, the fall from 1.0926 could be treated as correction of the uptrend. As long as 1.0813 key support holds, the uptrend could be expected to resume, and...
USDCHF’s upward movement from 0.8702 extended to as high as 0.8959. Further rise is still possible, and next target would be at 0.9000 area. Support is at 0.8880, only break below this level will indicate that consolidation...
USDJPY broke below 101.43 support, indicating that the downtrend from 103.02 has resumed. Further decline could be expected, and next target would be at 100.00 area. Resistance is at 101.85, only break above this level could trigger...
AUDUSD moved sideways in a range between 0.9318 and 0.9408. As long as 0.9318 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.9202, another rise to 0.9500 area...
GBPUSD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.6996, and the fall extended to as low as 1.6731. Resistance is located at the trend line, as long as the trend...
EURUSD’s downward movement from 1.3993 extended to as low as 1.3648. Further decline is still possible, and next target would be at 1.3600 area. Resistance is at 1.3735, only break above this level will indicate that consolidation...
