The AUD/USD pair initially fell on Thursday, but found enough support at the 0.90 level in order to bounce and form a hammer. This of course is a very bullish sign, and as a massive large round...
USDCAD’s uptrend from 1.1025 extended to as high as 1.1278. Further rise could be expected in a couple of days, and next target would be at 1.1400 area. Support is at 1.1185, as long as this level...
USDCHF is now in uptrend from 0.8699. Further rise would likely be seen in a couple of days, and the target would be at 0.8900 area. Support levels are at 0.8765 and 0.8699, only break below these...
USDJPY moved sideways in a trading range between 101.20 and 103.76. Key support is at 101.20, a breakdown below this level will indicate that the downtrend from 103.76 has resumed, then the following downward movement could bring...
AUDUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 0.8660, the fall from 0.9137 could be treated as consolidation of the uptrend. Key support is located at that lower line of...
GBPUSD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.6785, and the fall extended to as low as 1.6480. As long as the trend line resistance holds, the downtrend could be...
EURUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 1.3477 had completed at 1.3966 already. Deeper decline could be expected, and next target would be at 1.3700 area. Resistance is at...
The USD/JPY pair when higher during the session on Wednesday, as the Federal Reserve announced that it believed short-term interest rates would reach 1% by the end of next year. That is stronger and higher than originally...
The USD/CAD pair rose during the session on Wednesday, breaking above the 1.12 level finally. This is an area that we have been talking about for some time now, suggesting that it was the resistance that needed...
The GBP/USD pair originally when higher during the session on Wednesday, but as you can see the 1.6650 level offered enough resistance to push the market back down. We fell as low as 1.65 during the session,...
