EURUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 1.3775 had completed at 1.3993 already. Further decline could be expected, and next target would be at 1.3750 area. Resistance is at...
The USD/JPY pair initially fell during the session on Wednesday, but found support at the 101.50 level yet again. On top of that supportive area, we also had an uptrend line that was tested during the session,...
The USD/CAD pair did very little during the session on Wednesday, as we continued to bounce around the 1.0980 level. This area has been rather supportive, as it is the bottom of the larger consolidation area. Because...
The GBP/USD pair fell slightly during the session on Wednesday, as the 1.70 level continues to offer resistance. This was a longer-term target of ours, and as a result we were happy to get out of the...
The EUR/USD pair initially rose during the session on Wednesday, but ended up falling. With that being the case, looks like the markets ready to pull back slightly in this makes sense of course with the ECB...
The AUD/USD pair fell during the session on Wednesday, but ultimately found a little bit of support around the 0.93 level. Above there, the market push back up and we ended up forming a hammer. A break...
USD/CHF has recently broken below a support zone visible on the 1-hour time frame, indicating that further losses might be in the cards. After dipping to a low of .8720, the pair has shown signs of retracing,...
Being contained by 1.0857 support, USDCAD rebounded from 1.0874. However, the rise is likely consolidation of the downtrend from 1.1053, further decline could be expected after consolidation, and next target would be at 1.0700 area. Resistance is...
USDCHF remains in downtrend from 0.8861, the rise from 0.8720 is likely consolidation of the downtrend. Resistance is at 0.8780, as long as this level holds, the downtrend could be expected to resume, and next target would...
Being contained by 101.32 support, USDJPY rebounded from 101.43. However, another fall to re-test 101.32 support is still possible, a breakdown below this level will signal resumption of the downtrend from 104.12, then the following downward movement...
