USD/CHF just broke below the key .9100 handle on Friday’s dollar weakness, but the pair might be due for a quick pullback before heading any lower.
USDCAD remains in downtrend from 1.0568, the rise from 1.0182 is likely consolidation of the downtrend. Resistance is at 1.0380, as long as this level holds, the downtrend could be expected to resume, and another fall towards...
USDCHF stays below a downward trend line on daily chart, and remains in downtrend from 0.9751. Key resistance is located at the trend line, as long as the trend line resistance holds, the downtrend could be expected...
USDJPY is forming a triangle pattern in a range between 93.79 and 103.73. Key support is at 93.79, as long as this level holds, the price action in the pattern could be treated as consolidation of the...
AUDUSD remains in uptrend from 0.8847, the fall from 0.9526 is likely consolidation of the uptrend. Key support is now located at the lower line of the price channel on daily chart. As long as the channel...
GBPUSD stays above a upward trend line on daily chart, and remains in uptrend from 1.4813. Key support is located at the trend line, as long as the trend line support holds, the uptrend could be expected...
EURUSD stays above a upward trend line on daily chart, and remains in uptrend from 1.2756. Further rise could be expected after a minor consolidation, and next target would be at 1.3750 area.
The USD/JPY pair fell during the balance of the Friday session, but as you can see we remain well within consolidation that we’ve been in for some time. That being the case, we feel that this market...
The USD/CAD pair attempted to rally during the session on Friday, but as you can see failed and formed a shooting star. The shooting star is indicative of a market that’s confused considering that we had formed...
The GBP/USD pair rose during the session on Friday, testing the highs yet again. We did not break above the 1.6150 level though, and as a result we are simply waiting to see that happen on a...