EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.2569. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...
The USD/JPY pair broke higher during the course of the session on Monday, using the 120 level as support. That supportive area of course has been rather strong from time to time as both resistance and support,...
The USD/CAD pair went back and forth during the session on Monday, essentially going nowhere. With that being the case, we believe that the market simply cannot traded until we get some type of impulsive move, or...
The GBP/USD pair broke lower during the session on Monday, testing the 1.55 level yet again. This is an area that we believe is going to be rather supportive, but ultimately we will continue to go lower....
The EUR/USD pair initially rallied during the session on Monday, but as you can see turned back around to fall below the 1.2150 level at one point during the day. That being the case, the market fell...
The AUD/USD pair as you can see broke higher during the session on Monday, but turned back around to form a shooting star. With that being the case, it looks as if the Australian dollar is going...
USDCAD continued its sideways movement in a range between 1.1560 and 1.1673. As long as 1.1560 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.1191. Further rise could...
USDCHF continued its upward movement from 0.9553, and the rise extended to as high as 0.9913. Near term support is at the upward trend line on 4-hour chart, as long as the trend line support holds, the...
USDJPY remains in uptrend from 155.56. Further rise to test 131.84 resistance would likely be seen, a break of this level will signal resumption of the longer term uptrend from 105.19 (Oct 15 low), then the following...
AUDUSD is facing the resistance of the price channel on 4-hour chart. As long as the channel resistance holds, the rise from 0.8087 could be treated as consolidation of the downtrend from 0.8795, another fall to 0.7900...
