USDCHF remains in downtrend from 0.9751, the price action from 0.8890 could be treated as consolidation of the downtrend. Key resistance is at 0.9249, as long as this level holds, the downtrend could be expected to resume,...
USDJPY remains in uptrend from 96.57, the fall from 105.44 could be treated as consolidation of the uptrend. Initial support is located at the lower line of the price channel on daily chart, as long as the...
AUDUSD broke above the downward trend line on daily chart, suggesting that consolidation of the downtrend from 0.9756 is underway. Further rally could be expected in a couple of weeks, and the target would be at 0.9200...
GBPUSD stays within a upward price channel on daily chart, and remains in uptrend from 1.5854, and the fall from 1.6593 could be treated as consolidation of the uptrend. As long as the channel support holds, the...
EURUSD remains in uptrend from 1.2756, the fall from 1.3892 could be treated as consolidation of the uptrend. Key support is located at the lower line of the price channel on daily chart. As long as the...
The USD/JPY pair initially rose during the session on Friday, but turned back around the 105.50 level in order to fall all the way down to the 104 level. The resulting candle was based upon the nonfarm...
The USD/CAD pair rose again during the session on Friday, even with a weaker than anticipated jobs report out of the United States. This was mainly because the Canadian jobs report was just as bad, and as...
The GBP/USD pair had an interesting session on Friday, as it had initially sold off drastically, but as you can see bounced hard enough to close just below the 1.65 level. The resulting candle is a massive...
The EUR/USD pair fell initially during the session on Friday, but as the jobs number out of America came in very light, the market shot in the Euros favor. That being the case, the market clear the...
The AUD/USD pair shot straight up during the session on Friday as the nonfarm payroll numbers cannot weaker than anticipated. Because of this, the market seems to be suggesting that the Federal Reserve will be tapering anytime...
