USDJPY broke below 101.43 support, indicating that the downtrend from 103.02 has resumed. Further decline could be expected, and next target would be at 100.00 area. Resistance is at 101.85, only break above this level could trigger...
AUDUSD moved sideways in a range between 0.9318 and 0.9408. As long as 0.9318 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.9202, another rise to 0.9500 area...
GBPUSD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.6996, and the fall extended to as low as 1.6731. Resistance is located at the trend line, as long as the trend...
EURUSD’s downward movement from 1.3993 extended to as low as 1.3648. Further decline is still possible, and next target would be at 1.3600 area. Resistance is at 1.3735, only break above this level will indicate that consolidation...
NZD/JPY is currently finding resistance at the top of a rising wedge pattern visible on the pair’s daily time frame. A shorter-term head and shoulders pattern can be seen, with a breakdown from the neckline still pending....
The USD/JPY pair fell during the course of the session on Wednesday, slamming into the trend line that has been supporting this market for some time. That being the case, it appears that the market will continue...
The USD/CAD pair broke to the upside initially during the session on Wednesday, but fell back down below the 1.09 level. Ultimately, the market did find a bit of support though, and as a result of that...
The GBP/USD pair rose initially during the session on Wednesday, but then fell apart and broke down below the 1.68 handle. However, there is still plenty of support in this general vicinity, and as a result we...
The EUR/USD pair initially tried to rally, but Wednesday action sell the market fall down to the 1.37 level. This of course is a fairly weak looking candle as it is a shooting star. A break below...
The AUD/USD pair broke to the upside during the session on Wednesday, but as you can see fell and formed a shooting star. The shooting star sits just above the sideways grind that we have been in...
