The GBP/USD pair rallied during the session on Tuesday, breaking above the 1.67 level during the day. However, we turned back around and formed a shooting star which of course suggests that we are going to continue...
The EUR/USD pair went back and forth during the session on Tuesday, but essentially settled nothing by the end of the day. This is the fourth session in a row that has essentially ended of unchanged, and...
The AUD/USD pair fell during the session on Tuesday, but found the 0.90 level supportive enough in order to keep the market somewhat afloat. However, we believe that this market is going to continue to consolidate in...
USDCAD’s fall from 1.1192 extended to as low as 1.1054. Deeper decline would likely be seen, and next target would be at 1.0950 area. Resistance is at 1.1192, only break above this level will indicate that the...
USDCHF stays in a trading range between 0.8852 and 0.8914. Initial resistance is at the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the downtrend from 0.9081 could be...
USDJPY remains in uptrend from 100.75. Another rise to 104.00 area to complete the upward movement would likely be seen. Key support is at 101.35, only break below this level will indicate that the rise from 100.75...
AUDUSD moved sideways without trend in a range between 0.8906 and 0.9080 for several days. As long as 0.8906 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8660,...
GBPUSD is facing 1.6730 resistance, a break above this level will indicate that the downward movement from 1.6822 had completed at 1.6582 already, then another rise towards 1.7000 could be seen to follow. On the downside, as...
EURUSD continues its sideways movement in a narrow range between 1.3686 and 1.3773. The price action in the range is likely consolidation of the uptrend from 1.3477, as long as 1.3686 support holds, another rise to 1.3850...
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