USDCAD moved sideways in a narrow range between 1.0561 and 1.0737. As long as 1.0561 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.0182, another rise towards 1.1000...
USDCHF broke above the upper line of the price channel on daily chart, suggesting that the downtrend from 0.9751 had completed at 0.8799 already. Further rally could be expected, and next target would be at 0.9200, followed...
USDJPY stays within a upward price channel on daily chart, and remains in uptrend from 96.57. Support is located at the lower line of the channel. As long as the channel support holds, the uptrend could be...
AUDUSD is facing the resistance of the downward trend line on daily chart. As long as the trend line resistance holds, the downtrend from 0.9756 could be expected to resume, and another fall towards 0.8500 is still...
GBPUSD remains in uptrend from 1.5854, the fall from 1.6593 could be treated as consolidation of the uptrend. Initial support is at the lower line of the price channel on daily chart, as long as the channel...
EURUSD broke below 1.3625 support, suggesting that the upward movement from 1.3296 had completed at 1.3892 already. Deeper decline would likely be seen, and the target would be at the lower line of the price channel on...
The USD/JPY pair fell initially during the session on Friday, but as you can see found enough support at the 104 level to bounce and form a nice-looking hammer. This only reinforces our idea that this market...
The USD/CAD pair fell during the bulk of the session on Friday, but as you can see showed support at the 1.06 handle yet again. This is the bottom of a consolidated area that the market has...
The GBP/USD pair initially try to rally during the session on Friday, but as you can see continue to fall and closed at the 1.64 level. This begins a significant amount of support at this area, so...
The EUR/USD pair fell again for the second session or a row on Friday, challenging the 1.36 support region. There is a significant amount of support below though, so even though this market looks like it’s going...
