The USD/CAD pair did almost nothing during the session on Monday, pulling back just slightly but in the end essentially deciding nothing. The 1.05 level just above is resistance, and if we can get above that level,...
The GBP/USD pair fell slightly during the session on Monday, staying just below the 1.60 handle. This area is the epicenter of the larger consolidation range, and as a result we think that this market will probably...
The EUR/USD pair rose during the session on Monday, breaking back above the 1.34 handle at one point in time. In fact, the market looks like it’s ready to try and attempt to reach the 1.35 handle...
The AUD/USD pair went back and forth during the session on Monday, hovering above the 0.9350 level. We still see the 0.93 level as supportive, and as long as we are above that, we are not comfortable...
After months of consolidation, USD/JPY finally seems ready to break out of its symmetrical triangle. As you can see on the pair’s daily chart, a long green candlestick has already closed above the triangle resistance, hinting that...
USDCAD is testing the resistance of the downward trend line on daily chart, a clear break above the trend line resistance will indicate that the downtrend from 1.0608 had completed, then further rise to 1.1000 area could...
USDCHF is testing the resistance of the upper line of the price channel on daily chart. As long as the channel resistance holds, the rise from 0.8890 could be treated as consolidation of the downtrend from 0.9751,...
USDJPY is forming a sideways consolidation in the trading range between 93.79 and 103.73. As long as 93.79 key support holds, the uptrend from 75.57 (Oct 31, 2011 low) could be expected to resume, and one more...
AUDUSD is now in downtrend from 0.9756, and the fall extends to as low as 0.9352. Further decline could be expected next week, and next target would be at 0.9000 area. Resistance is now at 0.9550, only...
GBPUSD stays in a trading range between 1.5894 and 1.6259. Key support is at 1.5894, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend from 1.4813,...
