USDCAD is facing 1.0813 support, a breakdown below this level will signal resumption of the downtrend from 1.1278, then next target would be at 1.0650 area. Resistance levels are at 1.0945 and 1.1053, only break above these...
USDCHF is facing the resistance of the price channel on daily chart. As long as the channel resistance holds, the price action from 0.8699 could be treated as consolidation of the downtrend from 0.9751 (Jul 9, 2013...
USDJPY moved sideways above 100.75 key support. As long as this level holds, the price action from 105.44 could be treated as consolidation of the uptrend from 93.79 (Jun 13, 2013 low), one more rise to 100.00...
AUDUSD stays in a trading range between 0.9202 and 0.9461. As long as 0.9202 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8660, one more rise to 0.9550...
GBPUSD broke below the bottom of the price channel on daily chart, indicating that lengthier consolidation of the uptrend from 1.4813 (Jul 9, 2013 low) is underway. Deeper decline would likely be seen next week, and next...
EURUSD remains in uptrend from 1.2747 (Apr 4, 2013 low), the price action from 1.3892 could be treated as consolidation of the uptrend. Key support is at 1.3477, as long as this level holds, the uptrend could...
EUR/GBP is currently testing the falling trend line on the 4-hour time frame, suggesting that another sharp drop might take place sooner or later. In terms of economic data, the euro zone is definitely doing worse than...
The USD/JPY pair initially fell during the session on Thursday, but bounced enough to form a perfect hammer. This hammer suggests that the buyers are in fact still underneath there, and as a result we believe a...
The USD/CAD pair fell during the course of the session on Thursday, but found the 1.08 level to be supportive yet again. Ultimately, we feel that this area will continue to offer support, but if we do...
The GBP/USD pair did almost nothing during the session on Thursday, essentially treading water at the 1.67 level. With that being the case, we feel that the market should find buyers in this general vicinity, possibly sending...
