AUD/JPY recently made a sharp selloff on global growth concerns and risk aversion but the pair seems ready to make a quick retracement. On the 4-hour time frame, the 61.8% Fibonacci retracement level of the latest swing...
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USDCAD stays above a upward trend line on 4hour chart, and remains in uptrend from 1.0588, the fall from 1.1173 could be treated as consolidation of the uptrend. As long as the trend line support holds, the...
USDCHF remains in downtrend from 0.9156, the rise from 0.8903 is likely consolidation of the downtrend. Resistance levels are at 0.9000 and 0.9030, as long as these levels hold, the downtrend could be expected to resume, and...
USDJPY remains in downtrend from 104.92, the rise from 101.77 is likely consolidation of the downtrend. Resistance levels are at 103.00 and 103.35, as long as these levels hold, the downtrend could be expected to resume, and...
AUDUSD remains in downtrend from 0.9085, the rise from 0.8660 could be treated as consolidation of the downtrend. Resistance is at the upper line of the price channel on 4-hour chart, as long as the channel resistance...
GBPUSD remains in downtrend from 1.6668, the rise from 1.6474 is treated as consolidation of the downtrend. Another fall to the bottom of the price channel on 4-hour chart is possible. However, the downtrend from 1.6668 would...
EURUSD remains in uptrend from 1.3507, the fall from 1.3739 is likely consolidation of the uptrend. Support levels are at 1.3650 and 1.3595, as long as these levels hold, the uptrend could be expected to resume, and...
The USD/JPY pair rose during the session on Monday, using the 102 level as a springboard of support. This market continues to be positive overall, but we have suffered a relatively significant pullback recently. Quite frankly, we...
The USD/CAD pair initially fell during the session on Monday, but as you can see bounced high enough to test the recent highs. Now that we are getting close to the top of the shooting star from...
