The US dollar went sideways in general during the day on Monday, trying to break above the 1.2550 level. By doing so, the market looks likely to continue to try to reach towards the upside, but I...
The British pound initially rallied against the US dollar on Monday, but found a lot of trouble near the 1.32 level. We pulled back, and it looks as if were going to try to test the 1.31...
The EUR/USD pair was somewhat choppy during the day on Monday, as we continue to bounce around the 1.1750 level. If we can break out to the upside, the market should then go to the 1.18 level...
The Australian dollar rolled over a bit on Monday, testing the 0.7750 level again. This was the scene of major resistance in the past, so I assume that there should be a significant amount of support in...
USDJPY has been trading sideways on its long-term charts, bouncing off support at the 108.50 minor psychological mark and heading towards the resistance around 114.00 to 114.50. Price is consolidating at the moment, though, and technical indicators...
USDCAD is now facing the bottom support trend line of the price channel on its 4-hour chart. Below the channel support could take price to 1.2448 key support level. A breakthrough would indicate that the uptrend from...
USDJPY continued its sideways movement in a trading range between 112.21 and 113.43. Near term support is at 112.21, as long as the price is above this level, the sideways move could be treated as consolidation of...
AUDUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 0.8102. As long as the price is below the trend line, the bounce from 0.7732 could be treated as consolidation...
GBPUSD stays in a bearish trend line on the 4-hour chart and remains in the downtrend from 1.3657. As long as the price is below the trend line, the bounce from 1.3027 could be treated as consolidation...
EURUSD stays below a descending price channel on its 4-hour chart and remains in the downtrend from 1.2092. As long as the price is in the channel, the downtrend could be expected to continue and another fall...
