AUDUSD remains in uptrend from 0.8660, the fall from 0.9461 is likely consolidation of the uptrend. One more rise to 0.9550 – 0.9600 area to complete the upward movement is still possible. Support is now at 0.9202,...
GBPUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 1.4813 (Jul 9, 2013 low), the fall from 1.6996 could be treated as consolidation of the uptrend. Near term support is located...
After touching 1.3966 resistance, EURUSD pulled back from 1.3993, indicating that lengthier consolidation of the uptrend from 1.2747 (Apr 4, 2013 low) is underway. Deeper decline would likely be seen over the next several weeks, and the...
The USD/JPY pair rose during the session on Friday, as the 101.50 level offered support yet again. On top of that, the uptrend line offered support also. That being the case, the market looks as if it’s...
The USD/CAD pair rose during the session on Friday, breaking back above the 1.09 handle, which was a major support level. Because of this, the weekly candle is actually a hammer, so a break above the highs...
The GBP/USD pair fell hard during the session on Friday, testing the 1.6850 level. This area offered a little bit of support, but we feel that the real support as down at the 1.68 handle. Because of...
The EUR/USD pair fell like a stone during the session on Friday, as we just simply continue going lower. The market stopped at roughly the 1.3750 handle, an area that is somewhat supportive, but we believe that...
The AUD/USD pair fell during the bulk of the Friday session, but kept in a somewhat tight range. That being the case, we feel that the market will start buying on a break above the highs from...
The USD/JPY pair fell during the bulk of the session on Thursday, testing the 101.50 support level. This support level also coincides with an uptrend line from longer-term charts, and as a result we think that this...
The USD/CAD pair fell hard during the session on Thursday, breaking below the recent low during early April. With that, it appears that the market is ready to drift down to the next major support area which...
