The USD/JPY pair fell initially during the session on Thursday, but as we have seen more than once, the 102 level has offered support. It now appears that this market is ready to start going higher, but...
The USD/CAD pair tried to rally during the session on Thursday, but found too much resistance and ended up forming a shooting star. The shooting star isn’t much of a candle though, and as a result we...
The GBP/USD pair fell during the session on Thursday, only to turn back around and form a hammer for the second day in a row. In fact, three of the last four sessions have formed hammers, and...
The EUR/USD pair initially fell during the session on Thursday, but found enough support below the 1.3650 level to form a decent looking hammer. However, there is so much noise above that we feel that this market...
The AUD/USD pair fell hard during the session initially on Thursday, but as you can see we bounced enough to form a nice-looking hammer. In fact, this hammer does not exist in a vacuum, as most of...
No changed in our view, USDCAD remains in downtrend from 1.1192, the rise from 1.1054 would possibly be correction of the downtrend. Another fall would likely be seen, and next target would be at 1.0980 area. Resistance...
USDCHF remains in downtrend from 0.9081, the rise from 0.8852 is likely consolidation of the downtrend. Resistance is now at 0.8930, as long as this level holds, the downtrend could be expected to resume, and next target...
USDJPY stays in a trading range between 101.38 and 102.82. As long as 101.38 support holds, the price action in the range could be treated as consolidation of the uptrend from 100.75, another rise to 103.50 area...
After touching 0.8906 support, AUDUSD rebounded to 0.8971, indicating that the pair remains in consolidation of the uptrend from 0.8660. The sideways movement in a range between 0.8906 and 0.9080 could be expected to continue in a...
GBPUSD moves sideways in a trading range between 1.6582 and 1.6730. Support is at 1.6582, a breakdown below this level will confirm that the uptrend from 1.6252 had completed at 1.6822 already, then deeper decline to 1.6400...
