EURUSD’s downward movement from 1.3993 extended to as low as 1.3689. The downtrend could be expected to continue, and next target would be at 1.3600 area. Resistance is at 1.3755, only break above this level will indicate...
USD/CHF has made a strong rally after bouncing off support on its 4-hour range. The pair has been moving sideways between the .8750 minor psychological level and the resistance around .8925. The rally could be cut short...
USD/CHF has made a strong rally after bouncing off support on its 4-hour range. The pair has been moving sideways between the .8750 minor psychological level and the resistance around .8925. The rally could be cut short...
The EUR/USD pair did almost nothing during the session on Monday, as the market sits right on top of the 1.3750 level, an area that we know is supportive. That being the case, it appears that the...
The USD/JPY pair rose during the session on Monday, breaking out above the 102 level. This market bounced off of a trend line from the previous sessions, and as a result we feel that the market will...
The USD/CAD pair fell initially during the session on Monday, but found enough support below to bounce and form a hammer. With that, we believe that this market should continue to go higher, and head to the...
The GBP/USD pair tried to rally during the session on Monday, but found the way too much in the way of resistance above the 1.69 handle to hang onto those gains. That being the case, we ended...
The AUD/USD pair did very little during the session on Monday, as it tried to rally but failed in the end. That failure formed a shooting star which of course is relatively negative. Nonetheless, we think that...
USDCAD is now in uptrend from 1.0813. Further rise would likely be seen and the target would be at the upper line of the price channel on 4-hour chart. Support is at 1.0813, only break below this...
USDCHF remains in uptrend from 0.8702. Further rise could be expected, and next target would be at 0.8950 area. Support is at 0.8835, only break below this level will indicate that consolidation of the uptrend is underway,...
