USD/CAD has been selling off aggressively but the pair could take a break from its recent dives, as it approaches the 1.0300 major psychological level. This is in line with a former resistance level and area of...
The USD/JPY pair fell during the session on Monday, clearly slicing through the 100 handle. However, this market does have plenty of support all the way down to the 98.50 handle, and as a result we are...
The USD/CAD pair fell during the session on Monday, but as you can see we remain above the 1.03 handle, the area that we have been calling the “floor” in this market. Because of this, we do...
The GBP/USD pair rose during the session on Monday, clearly vaulting over the 1.5250 handle. This is the level that we had previously stated needed to be overcome in order to feel bullish about this market, and...
The EUR/USD pair tried to rally during the Monday session, but failed to overcome the 1.32 level. This candle ended up being a shooting star, which of course signals that the bulls may be running out of...
The AUD/USD fell initially during the Monday session, but as you can see got a little bit of a boost later in the day. The resulting candle of course is a little bit of a hammer, but...
EUR/USD is still stuck in consolidation for now, with an ascending triangle pattern forming on its 1-hour time frame.
USDCAD is now in downtrend from 1.0608. Further decline could be expected next week, and the first target would be at 1.0150 area. Key support is at 1.0137, a breakdown below this level could signal completion of...
USDCHF’s downward movement from 0.9751 extended to as low as 0.9353. Further decline could be expected, and next target would be at 0.9150 area. Key support is at 0.9130, a breakdown below this level could trigger another...
USDJPY is forming 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). The sideways movement could be expected to...
