USDJPY moved sideways in a range between 100.75 and 105.44. As long as 100.75, support holds, the price action from 105.44 could be treated as consolidation of the uptrend from 93.79 (Jun 13, 2013 low), one more...
AUDUSD broke below the lower line of the price channel on daily chart, indicating that the uptrend from 0.8660 had completed at 0.9461 already. Further decline would likely be seen over the next several weeks, and next...
GBPUSD’s upward movement from 1.4813 (Jul 9, 2013 low) extended to as high as 1.6918. Near term support is located at the lower line of the price channel on daily chart, as long as the channel support...
EURUSD stays in a trading range between 1.3672 and 1.3966. As long as 1.3672 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.2747 (Apr 4, 2013 low), one...
The USD/JPY pair reacted positively at first during the session on Friday, as the nonfarm payroll numbers came out much better than anticipated originally. However, the 103 level has offered quite a bit of resistance, and as...
The USD/CAD pair went back and forth during the session on Friday, as the nonfarm payroll numbers cannot a little bit stronger than anticipated. Ultimately, the 1.10 level did offer enough resistance to push the market back...
The GBP/USD pair fell during the bulk of the session on Friday, but found enough support down at the 1.68 level to bring in buyers and push the market much higher. In the end forming a hammer...
The EUR/USD pair initially fell during the session on Friday as the nonfarm payroll came out much higher than anticipated. However, we get a significant bounce of the 1.38 handle, and formed a massive hammer. We believe...
The AUD/USD pair initially broke down below the 0.9250 level during the session on Friday, but from enough support to push things back around and form a massive hammer. This hammer of course suggests that there are...
Today’s NFP report is much awaited by the trading community across all trading classes. The US Federal Reserve decided to further taper its economic stimulus program known under the synonym of QE3 by $10 billion down to...
