EUR/USD rose during the session on Friday as the pair continues to fight tooth and nail at the 1.35 mark. The resulting candle is a shooting star, so it does show just how much trouble the bulls...
USD/CAD rose during the session on Friday as the pair continues to grind higher just below the 1.03 level. The pair’s has been in consolidation recently, and the oil markets have been pushing it around. The 1.03...
AUD/USD fell during the session on Friday after an initial bounce to form a shooting star. The pair looks weak, and the rallies are all being faded at this point. The parity level should offer some support,...
USD/CHF fell during the session on Friday, but managed a bounce later in the session to print a hammer. This candle is at the top of a run, and looks like it is showing pressure to the...
USDCAD’s upward move extended to as high as 1.0300. However, the pair has lost its upward momentum, a breakdown below 1.0100 could signal resumption of downtrend from 1.0656, then another fall towards 0.9406 could be seen.
USDCHF is facing 0.9314 resistance, as long as this level holds, we’d expect downtrend to resume, and another fall towards 0.8000 would likely be seen. Only break above 0.9314 resistance could resume the uptrend from 0.7067, then...
USDJPY is forming a sideways consolidation in a range between 75.57 and 79.52. Deeper decline towards 75.57 previous low would likely be seen in a couple of weeks, and uptrend could be expected to resume before breaking...
AUDUSD’s downtrend from 1.0751 extended to as low as 0.9963. Further fall could be expected next week, and next target would be at 0.9700. Resistance levels are at 1.0200 and 1.0300, as long as these levels holds,...
GBPUSD’s fall from 1.6164 extended to as low as 1.5691. Further fall is still possible next week, and next target would be at 1.5500 area. However, the fall is treated as correction of uptrend from 1.5272, one...
EURUSD continued its downward movement from 1.4246, and the fall extended to as low as 1.3421. Further fall is still possible next week, and next target would be at 1.3200-1.3300 area. Key resistance is now at 1.3750,...
