AUDUSD continued its upward movement from 0.8995, and the rise extended to as high as 0.9244. Further rise could be expected after a minor consolidation, and next target would be at 0.9300 area. Support is now at...
GBPUSD broke above the upper line of the price channel on 4-hour chart, indicating that the downtrend from 1.6785 had completed at 1.6465 already. Further rally could be expected over the next several days, and next target...
EURUSD stays in a trading range between 1.3749 and 1.3875. Resistance is at 1.3875, a break above this level will confirm that the downtrend from 1.3966 had completed at 1.3749 already, then the following upward movement could...
USD/CAD recently broke above a triangle pattern on its 4-hour time frame, suggesting that the uptrend is ready to resume. This breakout was sparked by comments from BOC Governor Poloz, suggesting that a rate cut might be...
The USD/JPY pair did very little during the session on Tuesday, as we continue to hang about the 102.25 area. This being the case, it appears the markets are simply grinding its way sideways, but we know...
The USD/CAD pair fell during the session on Tuesday, but as you can see we’re still above the support level at the 1.11 level. We believe that that area should bring in buyers back into the market,...
The GBP/USD pair rose during the session on Tuesday, using the 1.65 level as a bit of a springboard. With that being the case, we feel that this market is in fact going to grind higher, but...
The EUR/USD pair tried to fall apart during the session on Tuesday, but as you can see the 1.3750 level offered enough support to push the market higher, and move it back enough to form a hammer....
The AUD/USD pair rose during the session on Tuesday, breaking above the 0.9150 handle. This is a trigger for us, and we believe that this market is now going to head to the 0.9250 level. That being...
USDCAD is facing 1.1150 support, a breakdown below this level will indicate that the uptrend from 1.1025 had completed at 1.1278 already, then the following downward movement could bring price back to 1.1000 zone. On the upside,...
