USDCAD is facing 1.0967 support, a breakdown below this level will signal resumption of the downtrend from 1.1224, then next target would be at 1.0800 area. Resistance is at 1.1100, only break above this level could signal...
USDCHF broke above the upper line of the price channel on 4-hour chart, suggesting that the downward movement from 0.9081 had completed at 0.8940 already. Further rise would likely be seen, and next target would be at...
USDJPY is testing the resistance of the upper line of the price channel on 4-hour chart. A clear break above the channel resistance will indicate that the downtrend from 105.44 had completed at 100.75 already, then the...
AUDUSD failed to break above 0.9085 resistance and pulled back from 0.9067. However, the fall would possibly be consolidation of the uptrend from 0.8660, one more rise to test 0.9085 resistance is still possible after consolidation. Support...
GBPUSD is facing 1.6668 resistance, a break above this level will indicate that the longer term uptrend from 1.4813 (Jul 9, 2013 low) has resumed, then further rise to 1.7000 area could be seen. Support is at...
EURUSD failed to break above the upper line of the price channel on 4-hour chart, and pulled back from 1.3682, suggesting that the upward movement from 1.3477 is complete. Further decline could be expected in a couple...
The USD/JPY pair has been one that we been following fairly closely over the last several months now. During the session on Wednesday, you can see that the market tried to fall, but found enough support in...
The USD/CAD pair fell during the bulk of the session on Wednesday, but as you can see bounced just a bit too close right around the 1.10 level. This suggests to us that this area is indeed...
The GBP/USD pair rose drastically during the session on Wednesday, breaking above the 1.65 level. That being the case, this market looks like it’s ready to go higher, but we do recognize that there is a bit...
The EUR/USD pair fell during the session on Wednesday, breaking the bottom of the shooting star that had formed on Tuesday. That being the case, we dipped below the 1.36 level, but bounced a little bit off...
