The USD/CAD pair rose during the session on Tuesday, breaking above the 1.09 handle yet again. This area has broken the top of the hammer from the Monday session as well, and as a result it looks...
The GBP/USD pair when higher during the session on Tuesday, bouncing off of the 1.64 handle. This market looks like it’s ready to continue going sideways, but we do recognize the fact that the 1.65 level will...
The EUR/USD pair did very little during the session on Tuesday, essentially banging around back and forth to end up where we started. The market appears to be somewhat supported in this area though, and the action...
The AUD/USD pair fell hard during the session on Tuesday, breaking back below the 0.90 handle. We had suggested that the breakout above that level might have been a bit of a “false breakout”, so this move...
After consolidation, USDCAD continues its upward movement from 1.0588, and the rise extends to as high as 1.0977. Further rise could be expected in a couple of days, and next target would be at 1.1100 area. Support...
USDCHF remains in downtrend from 0.9126, the rise from 0.8986 could be treated as consolidation of the downtrend. As long as 0.9126 key resistance holds, the downtrend could be expected to resume, and next target would be...
USDJPY bounced strongly from 102.85, indicating that the pair remains in uptrend from 96.57 (Oct 8, 2013 low), and the price action from 105.44 would possibly be consolidation of the uptrend. Further rise to test 105.44 resistance...
AUDUSD broke below 0.8940 support, suggesting that the upward movement from 0.8820 had completed at 0.9085 already. Further decline to test 0.8820 support could be expected, a breakdown below this level will signal resumption of the longer...
GBPUSD failed to break below 1.6337 key support and stayed in the upward price channel on 4-hour chart, suggesting that the pair remains in uptrend from 1.5854 (Nov 12, 2013 low), and the fall from 1.6593 could...
EURUSD remains in uptrend from 1.3548, the fall from 1.3699 would possibly be correction of the uptrend. As long as 1.3548 key support holds, another rise could be expected, and next target would be at 1.3800 area....
