The USD/JPY pair fell during the course of the session on Tuesday, but finds the 102 level supportive yet again. That area has been supportive time and time again, and as a result we are looking for...
The USD/CAD pair went back and forth during the session on Tuesday, testing the 1.09 level for support and proving it to be so. With that, the market looks like it is testing the area for support...
The GBP/USD pair fell during the course of the session on Tuesday, but remains above the vital 1.67 level that we believe is going to be supportive. We think somewhere closer to the 1.67 level we should...
The EUR/USD pair fell during the course of the session on Tuesday, but still above the 1.35 handle. This is the area that we believe should be the absolute “floor” in this market, and because of that...
The AUD/USD pair rose during the course of the session on Tuesday, testing the 0.94 region. That area is of course resistance, and the top of the consolidation area that we have been in for some time....
USDCAD is still trading inside the rising channel on its 1-hour time frame and may be ready to resume the climb if it finds support at the bottom of the channel near the 1.0850 minor psychological level....
USDCAD’s downward movement from 1.0960 extended to as low as 1.0887. Further decline would likely be seen, and next target would be at 1.0840 area. Resistance is at 1.0960, only break above this level could trigger another...
USDCHF is facing 0.9036 resistance, a break above this level will signal resumption of the uptrend from 0.8702, then next target would be at 0.9200 area. However, as long as 0.9036 resistance holds, the rise from 0.8907...
USDJPY moved sideways in a trading range between 102.11 and 102.79. Key support is at 102.11, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend from...
AUDUSD’s upward movement from 0.9208 extended to as high as 0.9389. Further rise could be expected, and next target would be at 0.9450 area. Support is at 0.9300, only break below this level could signal completion of...
