The USD/JPY pair rose during the session on Monday, bouncing off of the 101.50 level. This looks like a market that is ready to consolidate somewhere, but keep in mind that there is a nice uptrend line...
The USD/CAD pair fell during the session on Monday, testing the 1.1050 level. That market bounces slightly from there though, and as a result it looks like we really are going to do much in the meantime....
The GBP/USD pair went back and forth during the session on the day Monday, and as you can see we continue to hang out in the general vicinity of 1.6650 level. The market has been very choppy...
The EUR/USD pair went back and forth during the session on Monday, essentially showing that the area just above is going to continue to be massively resistive. There is a downtrend line from the monthly timeframe that...
The AUD/USD pair initially fell during the session on Monday, but found enough support at the 0.90 level to bounce and go much higher. However, we are still in the consolidation area that we have been in...
USDCAD is forming a triangle pattern on 4-hour chart. Deeper decline would likely be seen, and the target would be at the bottom of the triangle pattern. Key support is at 1.0955, as long as this level...
USDCHF remains in downtrend from 0.9081, the rise from 0.8699 is likely consolidation of the downtrend. Key resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the...
Being contained by 101.20 support, USDJPY rebounded to 101.94, suggesting that consolidation of the downtrend from 103.76 is underway. Range trading between 101.20 and 102.50 would likely be seen in a couple of days. As long as...
AUDUSD is facing 0.9133 resistance, a break above this level will signal resumption of the uptrend from 0.8660 (Jan 24 low), then next target would be at 0.9350 area. Key support is at 0.8924, only break below...
GBPUSD stays in a downward price channel on 4-hour chart, and remains in downtrend from 1.6822. Deeper decline could be expected, and the target would be at 1.6500 area. Resistance is located at the upper line of...
