AUDUSD is testing 0.9085 resistance. As long as this level holds, the rise from 0.8660 could be treated as consolidation of the downtrend from 0.9756, one more fall to 0.8500 area is still possible. However, a break...
GBPUSD stays in a upward price channel on daily chart, and remains in uptrend from 1.4813. As long as the channel support holds, the fall from 1.6822 could be treated as consolidation of the uptrend. Another rise...
EURUSD broke above 1.3740 resistance. Further rise to test 1.3892 resistance would likely be seen next week, a break above this level will signal resumption of the uptrend from 1.2747 (Apr 4, 2013 low), then next target...
The USD/JPY pair rose during the session on Friday, but gave back about half of the gains, in order to show a shooting star. The shooting star is preceded by two hammers though, so we look at...
The USD CAD pair tried to rally during the session on Friday, but as you can see failed to hang onto the gains. Because of this, we ended up forming a shooting star as the 1.12 level...
The GBP/USD pair try to rally during the session on Friday, but gave back all of the gains above the 1.67 level in order to form a shooting star. The market is still overly bullish though, and...
The EUR/USD pair went back and forth during the session on Friday, ultimately settling on a slightly positive candle. The market of course is stuck between the 1.37 level on the bottom, and the 1.38 level on...
The AUD/USD pair fell during the session on Friday, proving the 0.90 level to be resistive. That being the case, we feel that this market is trying to fall, but the Thursday candle of course is a...
The USD/JPY pair fell during the bulk of the session on Thursday, but found enough support near the 101.50 level in order to bounce and form a hammer for the second session in a row. This suggests...
The USD/CAD pair rose during the session on Thursday, albeit slightly. The market continues to try and break above the 1.11 handle, and of course the large round number will cause a little bit of a reaction....
