EURUSD remains in uptrend from 1.2747 (Apr 4, 2013 low), the price action from 1.3966 could be treated as consolidation of the uptrend. Range trading between 1.3672 and 1.3966 would likely be seen over the next several...
The USD/JPY pair did very little during the session on Friday, as liquidity would have been a little bit lower than usual due to the Good Friday holiday. That being said, it appears that the market still...
The USD/CAD pair fell initially during the session on Friday, but bounced off of the 1.10 level enough to form a little bit of a hammer. However, the liquidity of the marketplace was pretty low during the...
The GBP/USD pair did almost nothing during the session on Friday as the Good Friday holiday would have drained of liquidity. Because of this, it appears of the market still looks like it once the pullback a...
The EUR/USD pair did nothing during the session on Friday, as the Good Friday holiday of course would have drained a lot of liquidity out of the marketplace. With that, we feel that the market looks like...
The AUD/USD pair Daedalus nothing during the session on Friday as it was of course a holiday. Because of this, we feel that the market really hasn’t changed of the last 24 hours and that we will...
USDCAD remains in uptrend from 1.0857. Further rise could be expected after a minor consolidation, and next target would be at 1.1100 area. Support is at 1.0940, only break below this level could signal completion of the...
USDCHF is now in uptrend from 0.8743. Further rise could be expected, and next target would be at 0.8900 area. Support is now at 0.8775, only break below this level will indicate that he uptrend from 0.8743...
USDJPY’s bounce from 101.32 extended to as high as 102.56. However, the bounce is likely consolidation of the downtrend from 104.12. Resistance is now at 102.75, as long as this level holds, the downtrend could be expected...
AUDUSD broke below the bottom of the price channel on 4-hour chart, indicating that the uptrend from 0.8924 had completed at 0.9461 already. Range trading between 0.9250 and 0.9461 would likely be seen over the next several...
