USDCAD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.1192. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...
USDCHF is facing the resistance of the downward trend line on 4-hour chart. As long as the trend line resistance holds, the rise from 0.8777 could be treated as consolidation of the downtrend from 0.9081, another fall...
USDJPY broke above the upper line of the price channel on 4-hour chart, suggesting that the downward movement from 102.82 had completed. Further rise could be expected, and next target would be at 103.50 area. Support is...
AUDUSD remains in downtrend from 0.9080, the rise from 0.8890 could be treated as consolidation of the downtrend. Resistance is located at the upper line of the price channel on 4-hour chart, as long as the channel...
GBPUSD continued its sideways movement in a 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...
EURUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.3477, the price action from 1.3773 could be treated as consolidation of the uptrend. As long as the trend line support holds,...
The USD/JPY pair gapped lower at the open on Monday, but as you can see basically went nowhere. There was a little bit of a safe haven bid for the Yen, but ultimately the market settle down....
The USD/CAD pair went back and forth during the session on Monday, essentially settling nothing. We believe that this pair is essentially comfortable in this range, and as a result we do not expect much in the...
The GBP/USD pair fell hard during the session on a day on Monday, testing the 1.6650 level. However, we are still well within the consolidation area that we had been in previously. Because of this, we feel...
The EUR/USD pair fell during the session on Monday, in response to the Russian invasion of the Crimea. A lot of money left the stock markets in the European Union, and this was probably going to be...
