GBPUSD’s upward movement from 1.6582 extended to as high as 1.6785. Further rise to test 1.6822 resistance is possible, a break above this level will signal resumption of the uptrend from 1.6252, then next target would be...
EURUSD’s upward movement from 1.3477 extended to as high as 1.3914. Key support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to...
USDCAD is forming a sideways consolidation in a range between 1.0910 and 1.1224. As long as 1.0910 support holds, the uptrend from 1.0182 could be expected to resume, and next target would be at 1.1500 area. On...
USDCHF’s downward movement from 0.9156 extended to as low as 0.8756. Further decline would likely be seen, and next target would be at 0.8300 area. Resistance is at 0.8930, only break above this level could trigger another...
USDJPY moved sideways in a range between 100.75 and 105.44. Support is at 100.75, a breakdown below this level will confirm that the uptrend from 96.57 had completed, then the following downward movement could bring price to...
AUDUSD broke above 0.9085 resistance, indicating that the downtrend from 0.9756 had completed at 0.8660 already. Further rise could be expected over the next several weeks, and the target would be at 0.9600 area. Support is now...
GBPUSD stays in a upward price channel on daily chart, and remains in uptrend from 1.4813 (Jul 9, 2013 low), the fall from 1.6822 could be treated as consolidation of the uptrend. Key support is located at...
EURUSD broke above 1.3892 resistance, indicating that the uptrend from 1.2747 (Apr 4, 2013 low) has resumed. Further rise could be expected after a minor consolidation, and next target would be at 1.4200 area. Support is located...
Editor’s note: You’ll find a text version of this article below the video. Two economic reports hit the newswires Thursday morning (March 6). Both were important, yet each one had the opposite implication for the trend. The...
The USD/JPY pair shot higher during the session on Friday, but as you can see pulled back to give most of the gains away. The resulting candle is a little bit of the shooting star, but at...
