EURUSD remains in the uptrend from 1.1915, the fall from 1.2537 is likely consolidation of the uptrend. As long as the price is in the rising price channel on the 4-hour chart, the uptrend could be expected...
The US dollar broke down significantly during the trading session on Wednesday, slicing through what would have been significant support. The 110 level of course is structurally supportive, but it is also the 61.8% Fibonacci retracement level...
The US dollar has broken down during the trading session on Wednesday, breaking below the 1.24 handle. By doing so, it frees up the market to go much lower, perhaps down to the 1.23 level, and then...
The British pound broke out to the upside during trading on Wednesday, reaching well above the 1.42 level. The breaking of the 1.40 level was in fact a significant event, and it now looks likely that we...
The EUR/USD pair has rallied rather significantly during the trading session on Wednesday, but it’s very likely that we need to see some type a pullback to offer the right amount of value for people to put...
The Australian dollar broke out to the upside during the trading session on Wednesday, slicing towards the 0.81 level above, and that is a significant move as it offers the gateway to much higher pricing. In fact,...
This pair has been trending higher, moving above an ascending trend line on the 1-hour time frame and just bouncing off support. A rally could take it up to the latest highs near .7425 and beyond. The...
USDCAD broke below 1.2355 support and continued its downside movement from 1.2920. Further decline could be expected and next target would be at 1.2200 area. Near term resistance is at 1.2400, only break above this level could...
After a sideways consolidation, USDJPY broke below 110.19 support and extended its downside movement to as low as 108.96. Further decline could be expected and next target would be at 107.31. Near term resistance is at 109.50,...
AUDUSD broke above 0.8038 resistance and extended its upside movement from 0.7501 to as high as 0.8085. As long as the price is above the bullish trend line on the 4-hour chart, further rise is still possible...
