The USD/CAD pair fell during the session on Friday, slicing through the 1.10 level. Even though that’s the big figure, we see support all the way down to the 1.09 handle, so quite frankly we are buyers...
The GBP/USD pair fell during the session on Friday, but found enough support below the 1.6550 level in order to turn things around and form a hammer. Because of this, we believe that this market could very...
The EUR/USD pair fell during the session on Friday, but bounce back above the 1.37 level in order to form a nice hammer. This hammer of course is a bullish sign, but it appears that the euro...
The AUD/USD pair rose during the session on Friday, breaking above the 0.9250 handle. Because of this, it appears the market is in fact going to try and go higher, so a break of the highs for...
USDCAD moved sideways in a range between 1.0910 and 1.1278. As long as 1.0910 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.0182. Another rise is still possible...
USDCHF’s bounce from 0.8699 extended to as high as 0.8952. Further rise could be expected, and the target would be at the upper line of the price channel on daily chart. However, as long as the channel...
USDJPY continued its sideways movement in a range between 100.75 and 105.44. As long as 100.75 key support holds, the price action in the range could be treated as consolidation of the uptrend from 93.79 (Jun 13,...
AUDUSD stays above the upward trend line on daily chart, and remains in uptrend from 0.8660, and the rise extended to as high as 0.9306. The uptrend could be expected to continue in a couple of weeks,...
GBPUSD stays in a upward price channel on daily chart. As long as the channel support holds, the uptrend from 1.4813 (Jul 9, 2013 low) could be expected to resume, and another rise towards 1.7000 is still...
EURUSD remains in uptrend from 1.2747 (Apr 4, 2013 low), the price action from 1.3892 could be treated as consolidation of the uptrend. Pullback to 1.3550 area to complete the consolidation would likely be seen. Resistance is...
