USDCHF stays in a trading range between 0.8852 and 0.8914. Initial resistance is at the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the downtrend from 0.9081 could be...
USDJPY remains in uptrend from 100.75. Another rise to 104.00 area to complete the upward movement would likely be seen. Key support is at 101.35, only break below this level will indicate that the rise from 100.75...
AUDUSD moved sideways without trend in a range between 0.8906 and 0.9080 for several days. As long as 0.8906 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8660,...
GBPUSD is facing 1.6730 resistance, a break above this level will indicate that the downward movement from 1.6822 had completed at 1.6582 already, then another rise towards 1.7000 could be seen to follow. On the downside, as...
EURUSD continues its sideways movement in a narrow range between 1.3686 and 1.3773. The price action in the range is likely consolidation of the uptrend from 1.3477, as long as 1.3686 support holds, another rise to 1.3850...
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The USD/JPY pair initially fell during the session on Friday, but as you can see found enough support at the 102 level in order to go higher and form a hammer yet again. If we can get...
The USD/CAD pair initially try to rally during the session on Monday, but turned back around based upon the shooting star that we had formed on Friday. That selling pressure push the market lower, but we are...
The GBP/USD pair fell initially during the session on Monday, but as you can see bounced off of the 1.66 level in order to form a hammer. With that, we are believers that this market should continue...
The EUR/USD pair went back and forth on Monday, essentially settling nothing by the time we closed. The resulting neutral candle suggests that the market still hasn’t made up its mind as to which direction wants to...
