The EUR/USD pair initially fell on Tuesday, but broke above the 1.1750 level to continue higher. Ultimately, the market looks likely to find plenty of noise, and I think if we can break above the top of...
The Australian dollar fell initially on Tuesday, but found enough support just below the 0.78 level to turn things around and rally. Once we did, we then found resistance at the 0.7825 level, as we continue to...
EURUSD previously broke past the range resistance at the 1.1450 minor psychological level to indicate that bullish momentum has won over. Price stalled in its rally near the 1.2100 major psychological level and showed signs of a...
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USDCAD extended its upside movement from 1.2061 to as high as 1.2538. As long as the price is above the bullish trend line on the 4-hour chart, the uptrend could be expected to continue and next target...
USDJPY moved sideways in a trading range between 112.21 and 113.25. As long as the price is in the rising price channel on the 4-hour chart, the sideways move could be treated as consolidation of the uptrend...
AUDUSD broke above the top trend line of the price channel on its 4-hour chart, suggesting that the downside movement from 0.8102 is complete. Further rally to test 0.7860 resistance could be expected in the coming days....
GBPUSD’s downside movement from 1.3657 extended to as low as 1.3222. As long as the pair is below the bearish trend line on the 4-hour chart, the downside move could be expected to continue and next target...
EURUSD is facing the resistance of the top trend line of the price channel on the 4-hour chart. Breakout of the channel resistance could bring price to test 1.1832 resistance. Above this level could indicate that the...
GBPUSD failed in its attempt to breakout of the long term resistance trend line from 1.7190 to 1.5016 on the weekly chart and pulled back from 1.3657, suggesting that a short term top had been formed. On...