The USD/CAD pair went back and forth during the course of the day on Monday, essentially forming a neutral candle. Because of this, the market looks as if it isn’t ready to do much, but at this...
The GBP/USD pair initially fell during the course of the session on Monday, but turned back around and reached above the 1.45 handle. The area above there is massively resistive, so having said that it appears that...
The EUR/USD pair rose during the course of the session on Monday, as we continue to see support just below. The 1.12 level has offered enough support to cause a bit of a bounce, and it should...
The AUD/USD pair went back and forth during the course of the day on Monday, as we simply continue to test support at the 0.77 level. With this being the case, the market should continue to go...
GBPJPY had been trading below a descending trend line on its 4-hour time frame earlier this year before an upside breakout took place, signaling a potential reversal. In addition, a complex double bottom pattern has formed and...
USDJPY broke out of its double bottom formation on the 1-hour time frame, signaling that a reversal from the previous downtrend is about to take place. However, price has encountered resistance near the 112.00 major psychological level...
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USDCAD’s downward movement from 1.4689 extended to as low as 1.2592. Further decline could be expected over the next several weeks, and next target would be at 1.2000 area. Resistance is at the downward trend line on...
USDJPY broke above the downward trend line on daily chart, indicating that the downward movement from 123.75 had completed at 107.63 already. Further rally could be expected over the next several weeks, and the target would be...
