The AUD/USD pair rose during the session on Tuesday, launching from the supportive candle that we had formed on Monday. However, you can see that we are approaching the top of the recent consolidation area, and beyond...
The change in the yield differential which has been altered over the last couple of trading session has allowed the sterling to hold support levels, in the face of a strong dollar which could now face continued...
GBP/USD is making a tight consolidation pattern on its shorter-term time frames (1-hour and 15-minute charts), as traders await the release of the UK CPI data.
The USD/JPY pair rose during the session on Monday, but as you can see the 100 level has offered far too much resistance for the market to overcome. However, we are not about to start selling this...
The USD/CAD pair rose during the session on Monday, breaking above the 1.04 level. However, we did not break the top of the candle from Thursday that we had suggested was a signal.
The market pulled back during the session on Monday, but as you can see the GBP/USD pair found enough support at the 1.50 handle in order to bounce and form a hammer. The hammer as you can...
The EUR/USD pair fell during the session on Monday, but as you can see the 1.30 level offered enough support to make the market bounce and form a hammer. This hammer looks very supportive, just as the...
The AUD/USD pair fell initially during the session on Monday, but as you can see the 0.90 handle has offered enough support to keep the market somewhat buoyant.
USDCAD broke below 1.0460 support, suggesting that the uptrend from 1.0013 had completed at 1.0608 already. Further decline could be expected and the target would be at 1.0150 area. Resistance is now at 1.0608, only break above...
USDCHF failed to break above 0.9838 resistance and pulled back from 0.9751. Further decline to test 0.9130 support would likely be seen, a breakdown below this level will indicate that the long term downtrend from 0.9971 (Jul...
