The USD/CAD pair did nothing during the session on Monday, as we continue to meander around the 1.10 level. Isn’t this area that we think that a strong battle between the buyers and sellers is occurring, with...
The GBP/USD pair tried to rally during the session on Monday, but as you can see giveback most of the gains. At the end of the day, we had form a shooting star, which of course is...
The EUR/USD pair initially tried to rally on Monday, but found enough resistance above that the market fell. However, the European tour and even at work during the session, so it’s hard to read too much into...
The AUD/USD pair went back and forth during the session on Monday, essentially settling nothing. Because of this, we really don’t have much of a trade set up in this marketplace right now, but we do recognize...
USDCAD remains in uptrend from 1.0857. Further rise would likely be seen after a minor consolidation, and next target would be at 1.1100 area. Support is at 1.0960, only break below this level could signal completion of...
USDCHF’s upward movement from 0.8743 extended to as high as 0.8853. Further rise is still possible after a minor consolidation, and the target would be at 0.8900 area. Support is located at the upward trend line on...
USDJPY stays in a upward price channel on 4-hour chart, and remains in uptrend from 101.32. Support is located at the lower line of the channel, as long as the channel support holds the uptrend could be...
AUDUSD stays in a downward price channel on 4-hour chart, and remains in downtrend from 0.9461. As long as the channel resistance holds, the downtrend could be expected to continue, and the target would be at 0.9250...
GBPUSD is in consolidation of the uptrend from 1.6465. One more fall to 1.6700 area to complete the consolidation would likely be seen. Key support is at 1.6660, as long as this level holds, the uptrend could...
EURUSD’s downward movement from 1.3905 extended to as low as 1.3786. Deeper decline would likely be seen in a couple of days, and the target would be at 1.3750 area. Key resistance is now at 1.3865, only...
