AUDUSD broke above 0.8887 resistance, suggesting that he downward movement from 0.9085 had completed at 0.8660 already. Further rally could be expected, and next target would be at 0.9000 area. Key resistance is at 0.9085, as long...
GBPUSD’s downward movement from 1.6668 extended to as low as 1.6257. Deeper decline would likely be seen, and next target would be at 1.6200 area. Resistance is at 1.6380, only break above this level could signal completion...
No changed in our view, EURUSD remains in downtrend from 1.3739. Another fall could be expected after a minor consolidation, and next target would be at 1.3400 area. Resistance is at 1.3570, only break above this level...
The USD/JPY pair found enough support at the 101 level to bounce and form a hammer for the session on Tuesday. That being the case, it is almost impossible for me not to notice the fact that...
The USD/CAD pair fell during the session on Tuesday, but as you can see found enough support right around the 1.1050 level in order to bounce and form a nice looking hammer. This is a market that...
The GBP/USD pair fell below the 1.63 level during the session on Tuesday, but bounce back above that level in order to form a hammer. This hammer of course suggests that there is plenty of support below,...
The EUR/USD pair continues to meander around the 1.35 handle, as the Tuesday session provided little in the way of volatility. Because of this, I am more and more convinced that the market is essentially going to...
The AUD/USD pair rose during the session on Tuesday, blowing through the 0.88 handle like it wasn’t even there. However, we still see significant resistance up to the 0.90 handle, and this move was more or less...
USD/JPY recently broke below the 102.00 major psychological support level and dipped below the 101.00 mark this week. However, with stochastic reaching the oversold region and crossing upwards, dollar bulls may be back in action for the...
The USD/JPY pair fell during the session on Monday, testing the 101 level. However, we think that there is significant support all the way down to the 100 level, and although we think that we will eventually...
