The AUD/USD pair tried to rally during the session on Thursday, but found enough resistance just above the 0.94 level to turn things back around and form a shooting star. We do not look at the shooting...
USDCAD continued its downward movement from 1.0960, and the fall extended to as low as 1.0810. Further decline could be expected in a couple of days, and next target would be at 1.0700 area. Resistance is located...
USDCHF is facing 0.8907 support, a breakdown below this level will confirm that the uptrend from 0.8703 (May 8 low) had completed at 0.9036 already, then next target would be at 0.8800 area. Resistance is at 0.8955,...
USDJPY stays in a trading range between 101.60 and 102.35. As long as 102.35 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 102.79, another fall to test 100.82...
AUDUSD is facing 0.9437 resistance, a break above this level will signal resumption of the uptrend from 0.9208, then next target would be at 0.9500 area. Key support is at 0.9321, only break below this level will...
GBPUSD broke above 1.7010 resistance, and the upward movement from 1.6692 extended to as high as 1.7062. Support is now at 1.6960, as long as this level holds, the uptrend could be expected to continue, and next...
EURUSD’s upward movement from 1.3512 extended to as high as 1.3643. Further rise to test 1.3676 resistance could be expected, a break above this level will conform that the downtrend from 1.3993 (May 8 high) had completed...
USD/CHF has been trading inside a range for the past few days but it appears that the pair is already hinting at further losses. A downside break took place after the latest FOMC interest rate decision, as...
The USD/JPY pair initially tried to rally during the session on Wednesday, but turn things back around by the end of the day and plunged to the bottom of the recent consolidation. This market is essentially a...
The USD/CAD pair initially rose on Wednesday, but turned back around to form a negative candle. In this general vicinity, we have seen a lot of tight action, so we do not expect much in the way...
