The AUD/USD pair fell initially during the day on Thursday, but bounced enough to break above the 0.79 level again. This is a pretty bullish move, but I think this is going to have more to do...
USDCAD stays in a trading range between 1.2413 and 1.2778. The key resistance is at 1.2778, as long as this level holds, the price action in the trading range could be treated as consolidation of the downtrend...
USDJPY moved sideways in a trading range between 108.26 and 110.94. As long as 110.94 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 114.49 (Jul 11 high), and another fall to...
AUDUSD failed to break below 0.7866 support and moved sideways in a trading range between 0.7866 and 0.7995. As long as 0.7866 support holds, the sideways movement could be treated as consolidation of the uptrend from 0.7807...
GBPUSD’s fall from 1.2978 extended to as low as 1.2852, the subsequent bounce is likely resumption of the uptrend from 1.2774. Further rise to test 1.3030 resistance is possible in the coming days. Support levels are at...
After touching the bullish trend line on the 4-hour chart, EURUSD rebounded from 1.1823, indicating that the pair remains in the uptrend from 1.1662. Further rally would likely be seen and next target would be at 1.2000...
GBPJPY Short Term Elliott Wave suggests that the decline to 8/23 low at 139.27 ended Minor wave W. Minor wave X bounce is currently unfolding as a double three Elliott Wave Structure. Minute wave ((w)) of X ended at...
The US dollar exploded to the upside on Tuesday against the Japanese yen, and then continued that bullish pressure on Wednesday. We are now clear the 110 handle, and it looks a very likely to continue to...
The USD/CAD pair initially fell during the session on Wednesday, but found the 1.25 level to be supportive enough to turn the market around. Because of this, I think that the explosive moved to the upside signals...
The British pound has gone sideways overall during the session on Wednesday, in a consolidated and messy manner. I believe that ultimately the British pound will continue to fall, and that the recent rally has been more...
