USDCHF failed to break below 0.8699 (Mar 13 low) support and rebounded from 0.8702, indicating that the downtrend from 0.8861 has completed. Further rise could be expected, and next target would be at 0.8900 area. Support is...
USDJPY is testing 101.32 support, a breakdown below this level will indicate that the downtrend from 104.12 has resumed, then the following downward movement could bring price to 96.00 area. Resistance is at 102.00, only break above...
AUDUSD remains in uptrend from 0.9202, and the rise extended to as high as 0.9394. Further rise could be expected after a minor consolidation, and next target would be at 0.9500 area. Support levels are at 0.9315...
GBPUSD remains in uptrend from 1.6465 (Mar 24 low), the fall from 1.6996 is likely consolidation of the uptrend. Support is located at the trend line on 4-hour chart. As long as the trend line support holds,...
EURUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 1.3775 had completed at 1.3993 already. Further decline could be expected, and next target would be at 1.3750 area. Resistance is at...
The USD/JPY pair initially fell during the session on Wednesday, but found support at the 101.50 level yet again. On top of that supportive area, we also had an uptrend line that was tested during the session,...
The USD/CAD pair did very little during the session on Wednesday, as we continued to bounce around the 1.0980 level. This area has been rather supportive, as it is the bottom of the larger consolidation area. Because...
The GBP/USD pair fell slightly during the session on Wednesday, as the 1.70 level continues to offer resistance. This was a longer-term target of ours, and as a result we were happy to get out of the...
The EUR/USD pair initially rose during the session on Wednesday, but ended up falling. With that being the case, looks like the markets ready to pull back slightly in this makes sense of course with the ECB...
The AUD/USD pair fell during the session on Wednesday, but ultimately found a little bit of support around the 0.93 level. Above there, the market push back up and we ended up forming a hammer. A break...
