After breaking above 1.6820 resistance, GBPUSD pulled back from 1.6841, indicating that lengthier consolidation for the uptrend from 1.6465 is needed. Deeper decline would likely be seen, and the target would be at 1.6700 area. Key support...
EURUSD is now in downtrend from 1.3905, the rise from 1.3790 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and the target would be at 1.3750 area. Resistance levels are at 1.3865...
The USD/JPY pair initially fell during the session on Thursday, but as you can see from enough support to turn things background inform a hammer. This hammer suggests that we are going to go higher, and as...
The USD/CAD pair fell during the session on Thursday, finding the 1.10 level to be supportive enough to keep the market somewhat afloat. As we dropped below there, the buyer stepped in and push the value there,...
The GBP/USD pair rose initially during the session on Thursday, but found enough noise above in order to form a shooting star. A shooting star of course signifies of the market’s going to start selling off, and...
The EUR/USD pair rose during the session initially on Thursday, but ran into far too much resistance above to keep the gains. With that, we feel that this market pulling back and forming a shooting star is...
The AUD/USD pair fell during the session on Thursday, but remains above the massive support area at 0.9250, and as a result we are not interested in selling. We believe that a supportive candle below could be...
The USD/JPY pair broke above the 102 level during the session on Wednesday, signifying that we would more than likely continue to grind higher. With that, we are bullish of this market, and fully anticipate that it’s...
The USD/CAD pair initially fell during the session on Wednesday, but bounced enough to break above the 1.10 level. With that, the market looks like it’s ready to go higher, and quite frankly we do feel like...
The GBP/USD pair broke higher during the session on Wednesday, testing the 1.68 level yet again. That area has been resistive previously, and as a result we do not find it very difficult to imagine that the...
