The AUD/USD pair rose from the 1.04 support level as the buyers stepped in just in time on Friday. The 1.04 level was the scene of a breakout from the large ascending triangle that gave us this...
The USD/CHF pair fell on Friday as the Dollar got hit in general. The 0.91 to 0.90 area continues to look as if it is supportive, so we aren’t willing to sell at this point. The Swiss...
The GBP/USD pair rose on Friday as the 1.58 level came back into play as support. The market continues to grind away at these levels, and it appears that there is a real attempt to push through...
The USD/JPY pair fell for much of the later hours in the Friday session, but managed to bounce from the 50% Fibonacci level. The bounce suggests that we have had enough of a pullback from this latest...
The EUR/USD rose on Friday to trigger the buy signal on top of the hammer from the Thursday session. However, the 1.3250 level above it is still resistive up until the market clears the 1.33 level. With...
USDCAD stays in a range between 0.9841 and 1.0050. the price action in the range is treated as consolidation of the downtrend from 1.0523, and another fall to 0.9600-0.9700 area is is possible. On the upside, a...
USDCHF is facing the support of the lower line of the price channel on 4-hour chart. As long as the channel support holds, the uptrend from 0.8931 could be expected to resume, and another rise towards 1.9594...
USDJPY has formed a cycle top at 84.17 on daily chart. Further decline would likely be seen, and the target would be at 80.00-81.00 area. As long as 80.00 support holds, the fall from 84.17 is treated...
AUDUSD’s downward movement from 1.0855 extends to as low as 1.0336. Further fall could be seen next week, and next target would be at 1.0100 area. Resistance is at the downward trend line on daily chart, as...
GBPUSD formed a cycle bottom at 1.5602 on daily chart. Further rise to test 1.5991 previous high resistance would likely be seen next week as long the this level holds, the rise from 1.5602 would possibly be...
