eurusd The EUR/USD pair rally during Monday trading, going straight up in the air initially. The Americans have pummeled the US dollar in this market, and therefore it looks likely that we will continue to see buyers...
The Australian dollar rallied during the trading session on Monday, reaching as high as 0.7675, where we start to see a significant amount of noise. Recently rallied though, and I suspect we are trying to continue...
GBPUSD continues to trend lower in its descending channel on the 1-hour time frame. Price just bounced off support recently and is finding a ceiling at the channel resistance around the 1.3400 handle once more. Stochastic is...
USDCAD is testing 1.2916 (Oct 27 high) resistance. A breakout above this level could take price to 1.3100 area. Support is at 1.2800, below this level could bring price back towards 1.2713 support. A breakdown below this...
USDJPY remains in the downtrend from 113.75, the bounce from 112.03 could be treated as consolidation of the downtrend. Resistance is at 113.00, as long as this level holds, the downtrend could be expected to continue and...
No changed in our view, AUDUSD remains in the uptrend from 0.7501, the pullback from 0.7694 could be treated as consolidation of the uptrend. Range trading between 0.7580 and 0.7694 would likely be seen in a couple...
GBPUSD moved sideways in a trading range between 1.3301 and 1.3466. The sideways movement is likely consolidation of the downtrend from 1.3549. As long as 1.3466 resistance holds, the downtrend could be expected to resume, and a...
EURUSD moved sideways in a trading range between 1.1717 and 1.1862. As long as 1.1862 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.1961, and further decline could be expected after...
EURGBP has been trending lower on its 1-hour time frame, trading inside a new descending channel pattern. Price is currently testing the resistance and could be due for a drop to support. The resistance lines up with...
USDCAD is facing 1.2916 resistance once again. A breakout of this level could trigger further upside movement towards 1.3100. Near term support is at 1.2800, a breakdown below this level could bring price back to next support...
