USDCAD’s upward movement from 1.0910 extends to as high as 1.1125. Further rise to test 1.1224 resistance could be expected, a break above this level will signal resumption of the longer term uptrend from 1.0182 (Sept 19,...
USDCHF remains in downtrend from 0.9081, the rise from 0.8856 is likely consolidation of the downtrend. Resistance is located at the upper line of the price channel on 4-hour chart, as long as the channel resistance holds,...
USDJPY remains in uptrend from 100.75, the price action from 102.70 is likely consolidation of the uptrend. Support is at 101.35, as long as this level holds, the uptrend could be expected to resume, and next target...
AUDUSD moves sideways in a trading range between 0.8906 and 0.9080, the price action in the range could be treated as consolidation of the uptrend from 0.8660. As long as 0.8906 support holds, the uptrend could be...
GBPUSD is facing 1.6620 support, a breakdown below this level will indicate that the uptrend from 1.6252 had completed at 1.6822 already, then deeper decline to 1.6435 area could be seen. On the upside, as long as...
EURUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 1.3477, the fall from 1.3773 is likely consolidation of the uptrend. As long as the channel support holds, the uptrend could be...
USD/CHF is currently testing a major support level, as can be seen on the longer-term time frames. This is in line with the .8900 major psychological level which has held for the past few months. Stochastic...
The USD/JPY pair initially fell during the session on Wednesday, but found enough support down near the 102 level to bounce and form a hammer. This hammer shows that the market is still trying to fight in...
The USD/CAD pair initially fell during the session on Wednesday, but as you can see found enough support to turn things back around and shoot straight through the 1.10 level. Because of this, we initiated long positions...
The cable pair went back and forth during the session on Wednesday, printing a neutral candle. The fact that we had a fairly wide range for the session and couldn’t really decide anything suggests to us that...
