The GBP/USD pair rose during the session on Thursday, breaking above the 1.66 handle finally. Because of this, we feel that the British pound will continue to go higher, something that we have been calling for recently....
The USD/JPY pair had a hard session on Thursday, slamming into the 103 level. This level offered support though, and the market did bounce slightly. Because of this, we feel like the market is going to continue...
The USD/CAD pair tried to rally during the session on Thursday, but gave back all of the gains found just below the 1.12 level in order to form a shooting star. However, we feel that this market...
The EUR/USD pair shot straight up during the session on Thursday, using the 1.3550 level as a springboard. We had suggested that breaking the top of the shooting star from the Wednesday session could send this market...
The AUD/USD pair fell during the session on Thursday, breaking through the 0.88 level yet again. Nonetheless, this market continues the downtrend we have seen for some time and we have now broken fresh new lows. With...
USDCAD remains in uptrend from 1.0588. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.1250 area. Only a clear break below the trend line...
USDCHF broke below 0.8986 support, suggesting that the uptrend from 0.8799 had completed at 0.9156 already. The pair is now in downtrend from 0.9156. Further decline could be expected, and next target would be at 0.8900 area....
USDJPY is facing 102.85 support, a breakdown below this level will indicate that the uptrend from 96.57 (Oct 8, 2013 low) had completed at 105.44 already, then the following downward movement could bring price back to 95.00...
After consolidation, AUDUSD broke below 0.8756 support and continued its downward movement from 0.9085. Further decline could be expected, and next target would be at 0.8650 area. Resistance is at 0.8887, only break above this level could...
GBPUSD broke above 1.6593 resistance, suggesting that the uptrend from 1.5854 (Nov 12, 2013 low) has resumed. Further rise could be expected, and next target would be at 1.6800 area. Support is now at 1.6550, as long...
