USDCHF remains in downtrend from 0.9971, the rise from 0.9083 is likely consolidation of the downtrend. Key resistance is at 0.9511, as long as this level holds, we’d expect downtrend to resume, and another fall towards 0.8500...
USDJPY remains in uptrend from 77.14, and the rise extends to as high as 90.18. Further rise could be expected after a minor consolidation, and next target would be at 88.00.
AUDUSD remains in uptrend from 1.0149. Another rise could be expected after consolidation, and next target would be at 1.0700 area. Support is located at the upward trend line on daily chart, only a clear break below...
GBPUSD is facing 1.5827 support, a breakdown below this level will indicate that the uptrend from 1.5268 had completed at 1.6339 already, then the following downward movement could bring price to 1.5400 area.
EURUSD stays above a upward trend line on daily chart, and remains in uptrend from 1.2661. Further rise could be expected after a minor consolidation, and next target would be at 1.3500 area.
The USD/JPY pair managed to eke out a bit of gains during the Friday session as we closed above the 90 handle for the first time in ages. This pair looks extremely bullish, and we believe that...
The USD/CAD pair surged during the Friday session as we closed above the 0.99 handle for the first time in roughly 2 weeks. The markets continue to stay under parity though, and as a result we think...
The GBP/USD pair fell extremely hard during the session on Friday in order to test the 1.5850 level. However, we see significant support below at the 1.58 handle, and think that perhaps the downside is somewhat limited...
The EUR/USD pair fell during the session on Friday, but remains above the 1.33 support level in order to stay relatively bullish. The pair looks like it’s trying to continue climbing higher, and as a result we...
The AUD/USD pair fell during the Friday session as the market tested the bottom of the hammer from Thursday. We broke below the 1.05 level at one point in the session, but bounced back above in order...
