GBPUSD moved sideways in a trading range between 1.6582 and 1.6822. Key support is at 1.6582, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend from...
EURUSD continued its upward movement from 1.3477, and the rise extended to as high as 1.3872. Initial support is at 1.3800, and the key support is at the upward trend line on 4-hour chart, only a clear...
The USD/JPY pair initially try to rally during the session on Wednesday, but at the end of the day pulled back enough to form a shooting star. The 102.50 level is an area that has caused resistance...
The USD/CAD pair fell during the session on Wednesday, but remains above the 1.10 level still. That being the case, it appears that the market still offers buying opportunities on supportive candles all the way down to...
The GBP/USD pair rose during the session on Wednesday, bouncing off of the 1.66 level in order to continue the basing pattern that we’ve seen recently. We believe that this market will eventually go to the 1.70...
The EUR/USD pair fell during the session on Wednesday, but as you can see bounced enough to form a hammer. This hammer suggests that the market is going to stay noisy after forming a shooting star on...
The AUD/USD pair initially fell during the session on Wednesday, but rose high enough to test the 0.90 handle again. This is an area that should year to be very resistive, so some type of resistant candle...
USDCAD continues its downward movement from 1.1192, and the fall extends to as low as 1.1025. Deeper decline is still possible, and next target would be at 1.0970 area. Resistance is at the downward trend line on...
USDCHF broke above the downward trend line on 4-hour chart, indicating that the downtrend from 0.9081 had completed at 0.8777 already. Further rise could be expected in a couple of days, and next target would be at...
USDJPY is facing 102.82 resistance, a break above this level will confirm that the uptrend from 100.75 has resumed, then next target would be at 104.00 area. Support is at 102.00, only break below this level will...
