AUDUSD continued its upward movement from 0.6826, and the rise extended to as high as 0.7834. Further rise is still possible in a couple of weeks, and next target would be at 0.8000 area. Near term support...
GBPUSD moved sideways without trend in a trading range between 1.3835 and 1.4668 for several weeks. Key resistance is at 1.4668, as long as this level holds, the price action in the range could be treated as...
EURUSD is facing 1.1100 support, as long as this level holds, the fall from 1.1464 could be treated as consolidation of the uptrend from 1.0822, another rise towards 1.2000 could be expected after consolidation. On the downside,...
The USD/JPY pair broke down during the course of the day on Friday, slicing through the 110 level, and of course the 111 level. Because of this, it looks as if the market is going to continue...
The USD/CAD pair initially fell during the day on Friday, but turned back around to form a bit of a hammer. The hammer of course is a bullish sign, so if we can rally from here we...
The GBP/USD pair broke higher during the course of the session on Friday, testing the top of the shooting star from the Thursday session. That being the case, the market looks as if there is quite a...
The EUR/USD pair fell significantly during the day on Friday, after initially forming a shooting star from Thursday. That being the case, we broke down below the 1.1250 level, which had previously been support. With this, looks...
The AUD/USD pair initially tried to rally during the day on Friday, but turned back around to form a slightly negative candle. The 0.77 level offered a bit of support, and it now looks as if we...
The USD/JPY pair fell slightly during the course of the day on Thursday, as the 110 level offered enough resistance to turn the market back around a bit. Ultimately, this is a market that should continue to...
The USD/CAD pair rose during the course of the session on Thursday, as we finally got a bit of a bounce. However, there is a massive amount of resistance above so it’s very likely that we will...
