The AUD/USD pair broke through in uptrend line during the session on Tuesday. It slammed into the 0.9250 handle, which of course has been supportive as well. This area could be a significant test for the sellers,...
AUD/USD has been on a steady uptrend, as seen on the 4-hour time frame, but it appears that the rally is slowing down. The pair has formed lower highs from April to May, indicating that sellers are...
USDCAD’s fall from 1.0926 extended to as low as 1.0850. However, the fall is likely correction of the uptrend from 1.0813, as long as 1.0813 support holds, the uptrend could be expected to resume, and one more...
USDCHF is in consolidation of the uptrend from 0.8702, another fall to 0.8830 area to complete the consolidation would likely be seen over the next several days. Resistance is at 0.8959, only break above this level could...
USDJPY’s downward movement from 102.36 extended to as low as 101.10. Further decline would likely be seen over the next several days, and next target would be at 100.00 area. Resistance is at 101.65, only break above...
AUDUSD broke below 0.9318 support, indicating that the uptrend from 0.9202 had completed at 0.9408 already. Deeper decline could be expected and next target would be at 0.9250 area. Resistance levels are at 0.9375 and 0.9408, only...
The USD/JPY pair broke down below the 11.25 level, an area that has offered a significant amount of support during the session on Monday. However, we bounced high enough to form a hammer, his hammer of course...
The USD/CAD pair initially fell during the session on Monday, but found enough support near the 1.0850 level in order to turn things back around and form a hammer. We believe that this is the significant support...
GBPUSD is now in uptrend from 1.6731. Further rise would likely be seen over the next several days, and the target would be at 1.6900 – 1.6950 area. Support is at 1.6731, only break below this level...
GBP/USD initially tried to rally during the session on Monday, but turned back around and form a shooting star. Because of this, we feel that the market could have a short-term pullback, but at the end of...
