USDCHF is facing 0.8907 support again, a breakdown below this level will confirm that the uptrend from 0.8703 (May 8 low) had completed at 0.9036 already, then deeper decline to 0.8800 area could be seen. Near tern...
USDJPY moved sideways in a range between 101.60 and 102.35. The sideways movement is likely consolidation of the downtrend from 102.79, one more fall to 101.00 area is still possible after consolidation. Resistance is at 102.35, only...
Being contained by 0.9461 (Apr 10 high) resistance, AUDUSD pulled back from 0.9444, indicating that lengthier consolidation for the uptrend from 0.9208 is needed. Range trading between 0.9321 and 0.9444 would likely be seen in a couple...
GBPUSD broke below the lower line of the price channel on 4-hour chart, indicating that lengthier consolidation of the uptrend from 1.6692 is underway. Range trading between 1.6921 and 1.7062 would likely be seen in a couple...
EURUSD moved sideways in a narrow range between 1.3564 and 1.3643. Support is at 1.3564, as long as this level holds, the price action in the range could be treated as consolidation of the short term uptrend...
EUR/NZD has been in a steady downtrend, as the ECB rate cut has weighed on the euro’s value. At the same time, the recent RBNZ rate hike is keeping the New Zealand dollar afloat against its major...
The USD/JPY pair initially fell during the session on Monday, but found enough support to bounce towards the end of the day. Were basically hanging around the 102 level, but ultimately we believe that this market does...
The USD/CAD pair fell during the session on Monday, making a fresh new low. Because of that, we feel that this market will continue to look for significant support, which we see at the 1.06 level. That...
The GBP/USD pair went back and forth during the session on Monday, proving the 1.70 level to be supportive enough to keep the market somewhat afloat. Ultimately, we do feel that this market goes higher, as it...
The EUR/USD pair went back and forth on Monday, essentially settling nothing as we continue to hang about the 1.3600 level. This area is a bit of a magnet for traders, as it is in the middle...
