The GBP/USD pair fell during the session on Monday, after initially gapping higher. This is a pretty bearish sign, and at this point time we realize that this market could possibly pull back further. After all, we...
The EUR/USD pair fell during the day on Monday, but as you can see found enough support at the 1.35 level to stay somewhat afloat. Regardless, we feel that this market is probably going to be prone...
The AUD/USD pair fell during the bulk of the session on Monday, but as you can see bounced and formed a nice looking hammer. This hammer suggests that the market is going to go higher, and because...
Just last week, AUD/USD broke below the neckline of the head and shoulders pattern on the 4-hour time frame, indicating that a long-term downtrend might be in the cards. However, the pair looks prime for a retracement...
NZD/USD just broke below the key support level at .8200 last week but it appears that price needs to retrace before heading any lower. On the 1-hour time frame, the 38.2% Fibonacci retracement level is close to...
USDCAD is facing 1.0608 resistance, a break above this level will confirm that the uptrend from 0.9632 (Sep 14, 2012) low has resumed, then the target would be at 1.1000 area. Support is at 1.0390, only break...
USDCHF remains in downtrend from 0.9751, the rise from 0.8890 could be treated as consolidation of the downtrend. Initial resistance is at the upper line of the price channel on daily chart, and key resistance is at...
USDJPY is facing 101.53 resistance, a break above this level could signal resumption of the uptrend from 75.57 (Oct 31, 2011 low), then the target would be at 110.00 area. Key support is at 93.79, only break...
AUDUSD stays below a downward trend line on daily chart, and remains in downtrend from 0.756, and the fall extends to as low as 0.9143. Initial resistance is at the trend line, as long as the trend...
GBPUSD is facing 1.6259 resistance, a break above this level will signal resumption of the uptrend from 1.4813, then next target would be at 1.6500 area. Key support is at 1.5854, a breakdown below this level will...
