USDJPY’s bounce from 101.32 extended to as high as 102.56. However, the bounce is likely consolidation of the downtrend from 104.12. Resistance is now at 102.75, as long as this level holds, the downtrend could be expected...
AUDUSD broke below the bottom of the price channel on 4-hour chart, indicating that the uptrend from 0.8924 had completed at 0.9461 already. Range trading between 0.9250 and 0.9461 would likely be seen over the next several...
After breaking above 1.6820 resistance, GBPUSD pulled back from 1.6841, indicating that lengthier consolidation for the uptrend from 1.6465 is needed. Deeper decline would likely be seen, and the target would be at 1.6700 area. Key support...
EURUSD is now in downtrend from 1.3905, the rise from 1.3790 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and the target would be at 1.3750 area. Resistance levels are at 1.3865...
The USD/JPY pair initially fell during the session on Thursday, but as you can see from enough support to turn things background inform a hammer. This hammer suggests that we are going to go higher, and as...
The USD/CAD pair fell during the session on Thursday, finding the 1.10 level to be supportive enough to keep the market somewhat afloat. As we dropped below there, the buyer stepped in and push the value there,...
The GBP/USD pair rose initially during the session on Thursday, but found enough noise above in order to form a shooting star. A shooting star of course signifies of the market’s going to start selling off, and...
The EUR/USD pair rose during the session initially on Thursday, but ran into far too much resistance above to keep the gains. With that, we feel that this market pulling back and forming a shooting star is...
The AUD/USD pair fell during the session on Thursday, but remains above the massive support area at 0.9250, and as a result we are not interested in selling. We believe that a supportive candle below could be...
The USD/JPY pair broke above the 102 level during the session on Wednesday, signifying that we would more than likely continue to grind higher. With that, we are bullish of this market, and fully anticipate that it’s...
