The AUD/USD pair fell during the balance of the session on Tuesday, but as you can see found enough support just above the 0.93 handle in order to form a hammer. Bouncing that hard, we still find...
The USD/JPY pair went back and forth during the session on Monday, but did in the day rather bullishly. Because of this, we think that the market is trying to find its way higher, and perhaps to...
The USD/CAD pair fell during the session on Monday, but you can see that the 1.02 handle still offers enough support. Obviously, this is more of a zone than a line, but you can see that the...
The GBP/USD pair fell initially during the session on Monday, but you can see that the 1.55 level did in fact offer enough support to print a positive candle. Nonetheless, we did not manage to break out,...
The EUR/USD pair initially fell during the session on Monday, dipping below the 1.32 handle again. However, this move did not last that long and we did in fact find enough support at the 1.32 level in...
The AUD/USD pair gapped lower during the session on Monday, but as you can see spent the rest of the day trying to retrace those losses.
USDCAD breaks below 1.0250 support, suggesting hat the uptrend from 1.0013 had completed at 1.0420 already. Further decline could be expected, and next target would be at 1.0050 area.
USDCHF is facing 0.9206 support, a breakdown below this level will confirm that the uptrend from 0.9021 had completed at 0.9838 already, then next target would be at 0.9000 area.
USDJPY breaks below 97.00 key support, suggesting that the uptrend from 77.14 (Sep 13, 2012 low) had completed at 103.73 already. Further decline would likely be seen, and next target would be at 93.00 area.
AUDUSD remains in downtrend from 1.0582, and the fall extends to as low as 0.9429. Further decline is still possible, and next target would be at 0.9200 area. Key resistance is at 0.9800, only break above this...
