The AUD/USD pair fell during the session on Wednesday due to the FMOC announcing its bond buyback purchase program being shrank slightly. The Australian dollar continues to show weakness overall, and the fact that we broke down...
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USDCAD breaks above 1.0707 resistance and reaches as high as 1.0719, suggesting that the uptrend from 1.0182 (Sep 19 low) has resumed. Further rise could be expected over the next several days, and next target would be...
USDCHF broke above the upper line of the price channel on 4-hour chart, suggesting that the downtrend from 0.9249 (Nov 7 high) had completed at 0.8832 already. Further rally is possible over the next several days, and...
USDJPY broke above 103.92 resistance and reached as high as 104.36. Key support is now located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected...
AUDUSD continues its downward movement from 0.9168, and the fall extends to as low as 0.8820. Initial resistance is at 0.8900, as long as this level holds, the downtrend remains, and next target would be at 0.8750...
GBPUSD break above 1.6465 resistance, suggesting that the uptrend from 1.5854 (Nov 12 low) has resumed. Further rise could be expected over the next several days, and next target would be at 1.6600 area. Key support is...
EURUSD is facing the support of the lower line of the price channel on 4-hour chart. As long as the channel support holds, the uptrend from 1.3296 (Nov 7 low) could be expected to resume, and another...
On its 1-hour time frame, GBP/USD is trending lower, after forming a double top reversal pattern on its 4-hour chart earlier this week. The pair has since broken below the neckline around 1.6350, confirming the potential selloff....
The USD/JPY pair fell during the session on Monday, testing the 102.50 level. This level has been supportive in the past, so we would not be surprised to see a little bit of a bounce from this...
