USD/CHF is currently testing a major support level, as can be seen on the longer-term time frames. This is in line with the .8900 major psychological level which has held for the past few months. Stochastic...
The USD/JPY pair initially fell during the session on Wednesday, but found enough support down near the 102 level to bounce and form a hammer. This hammer shows that the market is still trying to fight in...
The USD/CAD pair initially fell during the session on Wednesday, but as you can see found enough support to turn things back around and shoot straight through the 1.10 level. Because of this, we initiated long positions...
The cable pair went back and forth during the session on Wednesday, printing a neutral candle. The fact that we had a fairly wide range for the session and couldn’t really decide anything suggests to us that...
The EUR/USD pair fell during the session on Wednesday, retracing back some of the gains from the Tuesday session. It was in this area that we and anticipated the market would struggle, and quite frankly we would...
The AUD/USD pair initially rallied during the session on Wednesday, but found the area above to be far too resistive yet again. This is the second shooting star in a row, and as a result we feel...
USDCAD bounced strongly from 1.0910, indicating that the downward movement from 1.1224 had completed. Further rise would likely be seen after a minor consolidation, and next target would be at 1.1200 area. Support levels are at 1.1010...
USDCHF continued its downward movement from 0.9081, and the fall extended to as low as 0.8856. Further decline could be expected, and next target would be at 0.8800 area. Resistance levels are at 0.8900 and 0.8930, only...
USDJPY is now in uptrend from 100.75, the price action from 102.70 could be treated as consolidation of the uptrend. Support is at 101.35, as long as this level holds, the uptrend could be expected to resume,...
AUDUSD broke below the lower line of the price channel on 4-hour chart. However, the price action in the trading range between 0.8906 and 0.9080 is likely consolidation of the uptrend from 0.8660, as long as 0.8906...
