The USD/CAD pair had a very positive session on Tuesday, finally breaking well above the 1.0725 level. This is the area that we’ve talked about for some time has been absolutely vital for the buyers to break...
The cable pair fell slightly during the session on Tuesday, testing the support that had been shown from the Monday session in the form of a hammer. This hammer of course suggests that the market is supported...
The EUR/USD pair went back and forth on Tuesday, ultimately settling into a slightly negative candle. This market continues to show that there is support at the 1.36 region, and therefore we feel that the market will...
The AUD/USD pair fell during the session on Tuesday, showing significant resistance near the 0.90 handle. That being the case, the market looks like it’s going to struggle in that general vicinity, and as a result we...
After consolidation, USDCAD broke above 1.0737 resistance, suggesting that the uptrend from 1.0182 (Sept 19, 2013 low) has resumed. Further rise could be expected over the next several days, and next target would be at 1.1000 area....
USDCHF’s upward movement from 0.8799 extends to as high as 0.9101. Further rise could be expected and next target would be at 0.9200 area. Support is now at 0.9015, only break below this level could signal completion...
USDJPY stays in the upward price channel on 4-hour chart, and remains in uptrend from 96.94 (Oct 25, 2013 low). As long as the channel support holds, the uptrend could be expected to resume, and one more...
USDJPY stays in the upward price channel on 4-hour chart, and remains in uptrend from 96.94 (Oct 25, 2013 low). As long as the channel support holds, the uptrend could be expected to resume, and one more...
AUDUSD is in consolidation of the downtrend from 0.9756 (Oct 23, 2013 high), one more rise to 0.9040 area to complete the consolidation would likely be seen. On the downside, as long as 0.9040 resistance holds, the...
GBPUSD is facing the support of the lower line of the price channel on 4-hour chart. As long as the channel support holds, the uptrend from 1.5854 (Nov 12, 2013 low) could be expected to resume, and...
