The EUR/USD pair rose during the session on Wednesday, using the 1.38 level as a springboard. However, we pulled back enough to form a shooting star, and it appears that the market is going to continue to...
The AUD/USD pair tried to rally during the session on Wednesday, but as you can see pulled back enough to form a shooting star. This shooting star suggests that the market is ready to continue falling, but...
USDCAD continued its upward movement from 1.0857 and the rise extended to as high as 1.1033. Further rise could be expected and the target would be at 1.1100 area. Support levels are at 1.0915, and 1.0857, only...
USDCHF’s rise from 0.8743 extended to as high as 0.8827. Range trading between 0.8743 and 0.8850 would likely be seen in a couple of days. Support levels are at 0.8780 and 0.8743, only break below these levels...
USDJPY’s bounce from 101.32 extended to as high as 102.36. Range trading between 101.32 and 102.40 would likely be seen in a couple of days. As long as 102.40 resistance holds, the rise could be treated as...
Being contained by the lower line of the price channel on 4-hour chart, AUDUSD rebounded from 0.9331, indicating that the pair remains in uptrend from 0.8924, the fall from 0.9461 could be treated as consolidation of the...
GBPUSD broke above 1.6820 resistance and reached as high as 1.6836, indicating that the uptrend from 1.6465 has resumed. Further rise could be expected, and next target would be at 1.7000 area. Initial support is at the...
EURUSD is in consolidation of the uptrend from 1.3672. Range trading between 1.3785 and 1.3905 is possible over the next several days. Key resistance is at 1.3905, a break above this level will indicate that the uptrend...
Most investors are complacent — they do not want to hear what bears have to say. Not You! You know the value of seeing both sides of the big picture. And maybe you are already wondering how...
There have been quite a few economic reports released over the past three trading days which painted an economic picture in China which is not reflected in many asset prices. Despite lackluster economic data traders have for...
