The US dollar rallied a bit during the trading session on Monday, as we are starting to see a little bit of a “risk off” attitude, as the 1.25 level above is a significant barrier though, and...
The British pound fell slightly during the trading session on Monday, reaching down towards the 1.35 handle. There is a significant amount of support in that area though, and I believe that the buyers will return to...
The EUR/USD pair rolled over a bit during the trading session on Monday, as the 1.20 level underneath had been broken. I think that the 1.19 level underneath is also supportive, so even if we do continue...
The Australian dollar has climbed a nice up trending channel over the last several sessions, but finally break down below the uptrend line on Monday. Ultimately, looks as if were going to go down to the 0.78...
USDCAD remains in the downtrend from 1.2920. As long as the price is below the falling trend line on the 4-hour chart, the bounce from 1.2355 could be treated as consolidation of the downtrend. A breakdown below...
USDJPY moved sideways in a trading range between 112.03 and 113.75. The sideways movement is likely consolidation of the uptrend from 110.84. A breakout of 113.75 resistance could trigger another rise towards 115.50. Only a breakdown below...
AUDUSD extended its upside movement from 0.7501 to as high as 0.7874. Near term support is at the bottom of the price channel on the 4-hour chart. As long as the channel support holds, the uptrend could...
GBPUSD moved sideways in a trading range between 1.3494 and 1.3512. As long as 1.3494 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.3301 and another rise to test 1.3657 (Sep...
EURUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 1.1717 had completed at 1.2089 already. Further decline would likely be seen after a minor consolidation and next target would...
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