AUDUSD remains in downtrend from 0.9504, the rise from 0.8642 is likely consolidation of the downtrend. Resistance is at 0.8910, as long as this level holds, the downtrend could be expected to resume, and next target would...
No changed in our view, GBPUSD remains in downtrend from 1.7190, the price action from 1.6051 could be treated as consolidation of the downtrend. Key resistance is at 1.6524, as long as this level holds, the downtrend...
After consolidation, EURUSD broke below 1.2500 support, indicating that the downtrend from 1.3993 has resumed. Further decline could be expected over the next several weeks, and next target would be at 1.2000 area. Key resistance is at...
The USD/JPY pair broke out during the session on Friday, clearing the 110 level in the process. That being the case, it appears of the market is ready to go much higher, and probably head to the...
The USD/CAD pair broke higher during the course of the day on Friday, but as you can see gave back about half of the gains. With that being the case, we feel that the market should continue...
The GBP/USD pair went back and forth during the course of the session on Friday, hanging about the 1.60 handle. The resulting candle is a hammer, and as a result if we break above the top of...
The EUR/USD pair broke down during the course of the session on Friday, breaking the bottom of the hammer from the Thursday session. We even went below the 1.25 level at one point in time, but at...
The AUD/USD pair as you can see went back and forth during the session on Friday, essentially forming a slightly negative candle. We continue to hang about the 0.88 handle, which of course is an area that...
