USDCAD broke below 1.0910 support, indicating that the uptrend from 1.0182 had completed at 1.1278 already. Deeper decline could be expected after consolidation, and next target would be at 1.0600 area. Resistance levels are at 1.1100 and...
USDCHF failed to break above the upper line of the price channel on daily chart, suggesting that the pair remains in downtrend from 0.9751 (Jul 9, 2013 high), the price action from 0.8699 could be treated as...
USDJPY is facing 100.75 support again, a breakdown below this level will signal resumption of the downtrend from 105.44, then the next target would be at 95.00 area. On the upside, as long as 100.75 support holds,...
AUDUSD’s upward movement from 0.8660 extended to as high as 0.9461. Further rise would likely be seen after a minor consolidation, and the target would be at 0.9600 area. Key support is located at the upward trend...
GBPUSD is facing 1.6822 resistance, a break above this level will signal resumption of the uptrend from 1.4813 (Jul 9, 2013 low), then the following upward movement could bring price to 1.7500 area. On the downside, as...
EURUSD is facing 1.3966 resistance, a break above this level will signal resumption of the uptrend from 1.2747 (Apr 4, 2013 low), then the following upward movement could bring price to 1.4500 area. On the other side,...
The USD/JPY pair initially rose during the session on Friday, bouncing off of the 101.50 support area. That being the case, it does look somewhat bullish down here, but we gave back about half of the gains....
The USD/CAD pair rose during the session on Friday again, and as it appears the market looks as if it is trying to break out above that area, but if we can get above there we believe...
The GBP/USD pair fell during the session on Friday, but as you can see there is plenty of noise below and it has been a fairly impulsive market to the upside recently. With that, we are still...
The EUR/USD pair went back and forth during the session on Friday, essentially settling nothing. At the end of the day, we still find yourselves bullish though, and it appears that a pullback could come though. That...
