GBPUSD remains in uptrend from 1.4813. Further rise could be expected over the next several weeks, and next target would be at 1.7000 area. Key support is at 1.5854, only break below this level will indicate that...
EURUSD’s bounce from 1.3296 extends to as high as 1.3706. Further rise to test 1.3832 resistance would likely be seen, a break above this level will signal resumption of the uptrend from 1.2756, then next target would...
The USD/JPY pair shot straight up during the session on Friday in response to the slightly better than anticipated jobs number out of the United States. This has the market looking for the Federal Reserve to taper...
The USD/CAD pair went back and forth during the session on Friday, in reaction to the nonfarm payroll numbers. This market looks like it’s essentially ready to go sideways for a little while longer, and the 1.06...
The GBP/USD pair went back and forth during the session on Friday, in reaction to the nonfarm payroll number, and as you can see we really haven’t done much ultimately. It looks as if this market is...
The EUR/USD pair initially fell during the session on Friday, but as you can see rocketed higher in order to go above the 1.37 level. The resulting candle is a hammer, and it suggests that the market...
The AUD/USD pair fell during the session on Friday, but as you can see the 0.90 level offered enough support to push the market much higher. Ultimately, we close that the 0.91 handle, and formed a hammer...
AUD/USD has broken down to new lows yet again, dipping below the .9050 minor psychological support thanks to stronger than expected U.S. GDP data. This was enough to revive taper expectations for the FOMC meeting in December,...
The USD/JPY pair fell hard during the session on Thursday, breaking the bottom of the neutral candle that we had formed on Wednesday. That neutral candle looks to be indicative of a market that’s trying to figure...
The USD/CAD pair fell during the session on Thursday, retracing all of the gains from Wednesday. However, we are still well above the 1.06 handle, an area that we expect to be significant support. Today is nonfarm...
