The GBP/USD pair rose during the session on Thursday, but ran into a little bit of trouble just above the 1.64 level. We still see a significant amount resistance of the 1.6450 handle, and believe it extends...
The EUR/USD pair rose during the session on Thursday, bouncing off of the uptrend line that I had drawn on the chart a couple of days ago. Because of this, I believe that this market is going...
The AUD/USD pair fell during the bulk of the session on Thursday, but as you can see got a little bit of a bounce just below the 0.89 handle. This market of course has been very bearish...
USDCAD rebounded from the lower line of the price channel on 4-hour chart, suggesting hat the pair remains in uptrend from 1.0182 (Sept 19 low), and the price action from 1.0707 could be treated as consolidation of...
USDCHF remains in uptrend from 0.8832, the fall from 0.9000 is likely consolidation of the uptrend. Initial support is at 0.8890, as long as this level holds, the uptrend could be expected to resume, and one more...
USDJPY continues its upward movement from 96.94 (Oct 25 low), and the rise extended to as high as 105.02. Key support is at the upward trend line on 4-hour chart, as long as the trend line support...
AUDUSD failed to break above the upper line of the price channel on 4-hour chart, suggesting that the pair remains in downtrend from 0.9756 (Oct 23 high), and the rise from 0.8820 could be treated as consolidation...
GBPUSD continues its sideways movement in a range between 1.6219 and 1.6481. Key support is at 1.6219, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend...
EURUSD remains in downtrend from 1.3810, the rise from 1.3625 is likely consolidation of the downtrend. Initial resistance is at 1.3740, as long as this level holds, the downtrend could be expected to resume, and one more...
The USD/JPY pair had a positive session on Tuesday, and most brokers of course were closed on Christmas. However, the market does look like it’s ready to continue higher, or at the very least go sideways. We...
