The USD/JPY pair fell during the bulk of the session on Monday, testing the 104 level yet again. However, the 104 level did offer enough support to keep the market above it, and thereby suggesting that the market is...
The USD/CAD pair went back and forth on Monday, ultimately printing a positive candle. At the end of the day, it does look like the markets going to stay within the consolidation zone though, and that’s something that we...
The GBP/USD pair fell initially during the session on Monday, but as you can see bounce back above the 1.64 handle by the end of the day. This bullish action of course formed a nice-looking hammer, we now think...
The EUR Ford/USD pair had a slightly positive session on Monday, bouncing off of the 1.36 level in a sign of support. If you look back at late November, you can see that there was a cluster back there...
USDCAD is forming a sideways consolidation in a range between 1.0561 and 1.0737. Key support is at 1.0561, as long as this level holds, the uptrend from 1.0182 (Sept 19, 2013 low) could be expected to resume,...
USDCHF remains in uptrend from 0.8799, and the rise extended to as high as 0.9070. Support is at 0.8980, as long as this level holds, the uptrend could be expected to continue, and next target would be...
USDJPY is facing the support of the price channel on 4-hour chart. As long as the channel support holds, the uptrend from 96.94 (Oct 25, 2013 low) could be expected to resume, and one more rise towards...
AUDUSD remains in downtrend from 0.9756 (Oct 23, 2013 high), the rise from 0.8820 is likely consolidation of the downtrend. Resistance is at 0.9040, as long as this level holds, the downtrend could be expected to resume,...
GBPUSD stays within a upward price channel on 4-hour chart, and remains in uptrend from 1.5854 (Nov 12, 2013 low). Support is located at the lower line of the channel, as long as the channel support holds,...
EURUSD remains in downtrend from 1.3892, the rise from 1.3571 is likely consolidation of the downtrend. Resistance is at 1.3680, as long as this level holds, the downtrend could be expected to resume, and another fall towards...
