The USD/CAD pair fell during the session on Monday, but as you can see found enough support at the 1.1050 area to bounce and form a nice-looking hammer. This is a market that’s been in an uptrend...
The GBP/USD pair fell hard during the session on Monday, slamming into the 1.63 support level. This is an area that’s acted rather supportive of the last couple of months, so with that being the case we...
The EUR/USD pair found the 1.35 level supportive in order to bounce during the session on Monday, but really didn’t go anywhere as far as the range is concerned. Yes, we did see the support that we...
The AUD/USD pair try to rally during the session on Monday, finding the 0.88 level far too resistive though. The shooting started formed for the session of course suggests that the Australian dollar will continue to weaken...
USDCAD is facing 1.1031 key support, a breakdown below this level will indicate that the uptrend from 1.0588 had completed at 1.1224 already, then deeper decline to 1.0800 area could be seen. On the upside, as long...
USDCHF remains in uptrend from 0.8903, the fall from 0.9081 is likely consolidation of the uptrend. Support is at the lower line of the price channel on 4-hour chart, as long as the channel support holds, the...
USDJPY broke below 101.77 support and continued its downward movement from 104.92, and the fall extended to as low as 100.77. Further decline could be expected and next target would be at 99.00 area. Resistance is at...
AUDUSD continues its sideways movement in a range between 0.8660 and 0.8887. As long as 0.8887 resistance holds, the downtrend from 0.9085 could be expected to resume, and another fall to 0.8500 area is still possible. Only...
GBPUSD broke below the lower line of the price channel on 4-hour chart, indicating that the uptrend from 1.5854 (Nov 12, 2013 low) had completed. The pair is now in downtrend from 1.6668, further decline could be...
EURUSD remains in downtrend from 1.3739, the rise from 1.3477 could be treated as consolidation of the downtrend. Resistance is at 1.3570, as long as this level holds, the downtrend could be expected to continue, and next...
