The USD/JPY pair initially fell during the session on Thursday, but as you can see found enough support below the 102 level to turn around and form a nice-looking hammer. This is a market that we have...
The USD/CAD pair try to rally during the session on Thursday, but found the area above the 1.10 level as being a bit too rich. Because of this, we formed a relatively negative candle, albeit sitting on...
The GBP/USD pair rose during the session on Thursday, breaking above the 1.6650 level. We have essentially broken out, but if we can get above the highs from the Thursday session, we would be much more comfortable...
The EUR/USD pair rose during the session on Thursday, breaking above the highs from the Wednesday session, and more importantly piercing above the highs from the Tuesday shooting star. However, the 1.37 level has offered resistance yet...
The AUD/USD pair initially fell during the session on Thursday, but you can see found enough support below in order to bounce and form a hammer. This hammer of course suggests that we are going to try...
After that hawkish BOE inflation report, GBP/AUD made a strong break above the neckline of the double bottom pattern earlier this week. However, after finding resistance at the 1.8600 handle, the pair looks ready to make a...
USDCAD broke below 1.0967 support, suggesting that the downtrend from 1.1224 has resumed. Further decline could be expected, and next target would be at 1.0800 area. Resistance is at 1.1100, only break above this level could signal...
USDCHF broke below 0.8940 support and continued its downward movement from 0.9081. Further decline could be expected, and next target would be at 0.8850 area. Resistance is at the downward trend line on 4-hour chart, as long...
USDJPY stays in a downward price channel on 4-hour chart, and remains in downtrend from 105.44, the rise from 100.75 could be treated as consolidation of the downtrend. As long as the channel resistance holds, the downtrend...
AUDUSD stays within a upward price channel on 4-hour chart, and remains in uptrend from 0.8660. Further rise to test 0.9085 resistance would likely be seen, a break above this level will indicate that the downtrend from...
