The USD/JPY pair rose during the session on Monday, breaking the top of the hammer that had formed on Friday area and this of course suggests that the market is ready to go higher. Nonetheless, it looks...
The USD/CAD pair rose slightly during the session on Monday, showing that the 1.03 level should continue to offer support. Because of this, we feel that this market will more than likely continue to bounce around between...
The GBP/USD pair fell during the session on Monday, breaking the bottom of the shooting star that had formed on Friday. While this is a negative sign, we do not believe that this pair will do more...
The EUR/USD pair fell initially during the session on Monday, but as you can see bounced enough to form a hammer. The Friday candle of course was a shooting star, and as a result we have seen...
The AUD/USD pair did almost nothing during the session on Monday, showing that perhaps the rally is running out of steam a little bit. That being the case, we feel that this market will more than likely...
EUR/USD has been on a tear after breaking past the 1.3600 major psychological level but it seems that a pullback could happen before the pair rallies any higher.
USDCAD is facing 1.0270 support, a breakdown below this level will indicate that the downtrend from 1.0568 has resumed, then the following downward movement could bring price to 1.0000 zone.
No changed in our view, USDCHF remains in downtrend from 0.9751, the rise from 0.8967 is treated as consolidation of the downtrend. Key resistance is at 0.9270, as long as this level holds, the downtrend could be...
USDJPY continues its sideways movement in a range between 93.79 and 103.73. The price action in the range is likely consolidation of the uptrend from 75.57 (Oct 31, 2011 low), as long as 93.79 key support holds,...
AUDUSD’s upward movement from 0.8847 extends to as high as 0.9677. Further rise could be expected, and next target would be at 1.0000 area. Initial support is at 0.9550, and the key support is at 0.9400, only...
