The EUR/USD pair rose during the session after initially falling on Monday, but as you can see found trouble at the 1.38 handle yet again. In the end, we believe this is the beginning of for a significant resistance,...
The GBP/USD pair continues to meander around the 1.65 handle, essentially printing a neutral candle for the Monday session. With the lack of liquidity in the marketplace, and the New Year’s Day holiday coming, it’s hard to imagine that...
The AUD/USD pair rose during the session on Monday, bouncing off of the lows again. However, this market is simply showing a bit of a “dead cat bounce.” This is our opinion because of the fact that the liquidity...
USDCAD stays within a upward price channel on 4-hour chart, and remains in uptrend from 1.0182 (Sept 19 low). Key support is located at the lower line of the channel, as long as the channel support holds,...
USDCHF remains in downtrend from 0.9249 (Nov 7 high), the price action from 0.8839 could be treated as consolidation of the downtrend. Further rise to complete the consolidation would likely be seen, and the target would be...
USDJPY remains in uptrend from 101.63, the fall from 105.41 could be treated as consolidation of the uptrend. Initial support is located at the lower line of the price channel on 4-hour chart, as long as the...
AUDUSD failed to break below 0.8820 support, and stayed in a trading range between 0.8820 and 0.8957. Key resistance is at 0.8957, as long as this level holds, the price action in the range could be treated...
GBPUSD remains in uptrend from 1.6219, the fall from 1.6577 could be treated as consolidation of the uptrend. Support is at 1.6430, as long as this level holds, the uptrend could be expected to resume, and next...
EURUSD remains in uptrend from 1.3296 (Nov 7 low), the price action from 1.3810 could be treated as consolidation of the uptrend. Another fall to the lower line of the price channel on 4-hour chart to complete...
USDCAD is facing 1.0737 resistance, a break above this level will signal resumption of the uptrend from 1.0182 (Sept 19 low), then next target would be at 1.0900 area. Key support is located at the lower line...
