After touching the top of the price channel on 4-hour chart, AUDUSD pulled back from 0.7688, indicating that the pair remains in downtrend from 0.7734. Deeper decline would likely be seen and next target would be at...
EURUSD’s upward movement from 1.0851 extended to as high as 1.1069. Support is now at 1.1000, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.1200 area.
The USD/JPY pair rallied during the course of the session on Monday, breaking above the 105 level at one point. Ultimately, the market looks as if we are ready to go higher though, and with that I...
The USD/CAD pair initially fell during the day on Monday but turned around to form a hammer. The hammer of course is a bullish sign, so I look at this is a market that’s ready to continue...
The GBP/USD pair initially fell during the day on Monday, but turned around to form a little bit of a supportive candle. If we can rally above the top of this hammer, the market should then try...
The EUR/USD pair fell during the day on Monday, but did get a little bit of a left towards the US afternoon as the 1.09 level offers quite a bit of support. Ultimately, I believe that this...
The AUD/USD pair broke higher during the day on Monday, clearing the top of the hammer. With this being the case, it looks as if the market should continue to try to grind higher. I do recognize...
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EURCAD has been trending higher on its 4-hour time frame and moving inside an ascending channel. Price has moved past the mid-channel area of interest and is making its way to the resistance around the 1.4900 major...
USDJPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 103.16. As long as the trend line support holds, the fall from 105.53 could be treated as consolidation of the uptrend. Further...
