USDCHF broke below the upward trend line on 4-hour chart, suggesting that the uptrend from 0.8699 had completed at 0.8952 already. Further decline could be expected after a minor consolidation, and next target would b eat 0.8750...
USDJPY is now in downtrend from 104.12. Deeper decline could be expected after a minor consolidation, and next target would be at 100.50 area. Resistance is at 102.30, as long as this level holds, the downtrend will...
AUDUSD’s upward movement from 0.8924 extended to as high as 0.9385. Support is located at the lower line of the price channel on 4-hour chart. As long as the channel support holds, the uptrend could be expected...
GBPUSD’s upward movement from 1.6465 extended to as high as 1.6754. Support is now at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to continue,...
EURUSD broke above the upper line of the price channel on 4-hour chart, suggesting that the downtrend from 1.3966 had completed at 1.3672 already. Further rally would likely be seen, and next target would be at 1.3900...
The USD/JPY pair fell rather hard during the session on Tuesday, slicing through the 103 level, and falling all the way down to the 101.50 handle. Because of that, it appears that the market has sliced through...
The USD/CAD pair fell hard during the session on Tuesday, slamming into the 1.09 level. That area should offer a bit of support, and as a result we are waiting to see whether or not a supportive...
The GBP/USD pair took off to the upside during the session on Tuesday, breaking above the resistance level at the 1.67 handle, and heading towards the 1.68 level, the next resistance area. We believe that if we...
The EUR/USD pair broke higher during the session on Tuesday, reaching all the way to the 1.38 level. This was our short-term target, and now we have succeeded in what we anticipated happening. That being the case,...
The AUD/USD pair broke higher during the session on Tuesday, finally breaking out above the 0.93 handle. Because of this, it appears that the market is ready to head back to the 0.95 handle, which of course...
