AUDUSD moved sideways in a narrow range between 0.9213 and 0.9303. Support is at 0.9213, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend from 0.8995,...
GBPUSD remains in uptrend from 1.6465, the fall from 1.6684 is likely consolidation of the uptrend. Deeper decline is possible, and the target would be at 1.6550 area. Resistance is at 1.6684, a break above this level...
EURUSD is now in uptrend from 1.3705, the fall from 1.3820 is likely correction of the uptrend. As long as 1.3705 key support holds, another rise could be expected, and next target would be at 1.3900 area....
The non-farm payroll report or NFP report will be released in less than 48hours and many market participants look forward to this report in order to guide them through the rest of the trading month. January’s report...
Despite the sharp selloff that took place in today’s Asian trading session and the double top pattern that formed on the short-term time frames, NZD/USD’s uptrend is still intact. The pair is currently testing the rising trend...
The USD/JPY pair rose during the session on Tuesday, shooting straight up in the air. The market still sits just below the most recent high, but it is so close the one has to think that sooner...
The USD/CAD pair fell during the session on Tuesday, showing the 1.10 level to be supportive yet again. We believe that this area is going to be rather supportive in the near term, as we await to...
The GBP/USD pair fell during the session on Tuesday, but did not break below the lows from the Monday session. With that, we feel that the market will simply go sideways in the short-term, but if we...
The EUR/USD pair rose during the session on Tuesday, breaking the top of the range for Monday at one point in time. However, the market gave back a significant amount towards the end of the day, and...
The AUD/USD pair initially rose during the session on Tuesday, but pulled back in order to form a shooting star. The shooting star is preceded by a hammer, so we feel that this market is more or...
