The EUR/USD pair initially fell on Tuesday, but bounce informed the nice-looking hammer above the 1.3750 level. Because of this, we believe that this market is going to continue higher, but recognize the fact that the FMOC...
The AUD/USD pair fell during the session on Tuesday, but found enough support at the 0.89 handle in order to cause a little bit of a bounce towards the end of the session. Nonetheless, we see quite...
USDCAD is forming a sideways consolidation in a range between 1.0561 and 1.0707. Key support is at 1.0561, as long as this level holds, the uptrend from 1.0182 (Sep 19 low) could be expected to resume, and...
USDCHF broke below 0.8829 support, and continues its downward movement from 0.9249 (Nov 7 high). Further decline could be expected, and next target would be at 0.8750 area. Initial resistance is at the upper line of the...
USDJPY stays within a upward price channel on 4-hour chart, and remains in uptrend from 96.94 (Oct 25 low), the fall from 103.92 could be treated as consolidation of the uptrend. Support is located at the lower...
AUDUSD’s downward movement from 0.9756 (Oct 23 high) extended to as low as 0.8882. Further decline to test 0.8847 (Aug 5 low) support is still possible. Initial resistance is at 0.8970, and the key resistance is located...
GBPUSD’s downward movement from 1.6465 extended to as low as 1.6219. Resistance is at 1.6348, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.6150 area. On...
EURUSD continues its sideways movement in a narrow range between 1.3709 and 1.3810. Support is at the lower line of the price channel on 4-hour chart, as long as the channel support holds, the price action in...
AUD/USD is testing a key support level at the moment, as the .8950 level is in line with the pair’s lows for the year. Stochastic is pointing up, indicating a potential bounce but fundamental factors are hinting...
The USD/JPY pair pulled back on Monday, but found enough support to pop back above the 103 level and form a nice-looking hammer. This hammer suggests that we are going higher, which is what we believe in...
