AUDUSD remains in downtrend from 1.0582, the rise from 0.8998 could be treated as consolidation of the downtrend. Key resistance is at 0.9344, as long as this level holds, the downtrend could be expected to resume, and...
After touching 1.4831 support, GBPUSD rebounded strongly from 1.4813, and the rise extended to as high as 1.5281. Further rally would likely be seen next week, and next target would be at 1.5550 area.
EURUSD stays in a trading range between 1.2756 and 1.3415. Another rise to test 1.3415 resistance would likely be seen next week, as long as this level holds, the price action from 1.2747 could be treated as...
The USD/JPY pair went back and forth during the session on Friday, but bounced off of the 100 area in order to form a hammer. We have been very bullish of this market for the longest time...
The USD/CAD pair fell during the session on Friday, in order to stay within the grinding range that we have been in recently. We have to admit though, this is not a positive sign for this pair...
The GBP/USD pair rose during the session on Friday, breaking above the recent high that we had formed on Wednesday. Now that we have clear the 1.5250 handle easily, it appears that we are heading towards 1.55...
The EUR/USD pair had a slightly positive session on Friday, as we got above the 1.31 handle again. What’s been interesting about this pair is that there have been so many hammers form lately, one would think...
The AUD/USD pair went back and forth on Friday, and as you can see close slightly positive for the day. Nonetheless, we are still well underneath the resistance that needs to be overcome in order to even...
The uptrend for Cable is still going on the 1-hour time frame, as the pair is trading inside a channel with higher lows and higher highs. The pair is currently sitting around the middle of the channel,...
The USD/JPY pair rose during the session on Wednesday, but failed to break above the 100 level yet again. This area has offered quite a bit of resistance lately, although we think that it will more than...
