EURUSD’s downward movement from 1.3650 extended to as low as 1.345. Further decline could be expected after a minor consolidation, and next target would be at 1.3300 area. Near term resistance is located at the trend line...
The USD/JPY pair initially fell during the session on Monday, but found enough support just above the 101 level to turn things back around and form a hammer. This hammer of course is a bullish sign, but...
The USD/CAD pair went back and forth during the day on Monday, essentially settling nothing by the time we closed. The 1.07 level is where we find the market being comfortable now, and as a result we...
The GBP/USD pair fell during the course of the day on Monday, but as you can see remains somewhat afloat, and more importantly supported at the 1.70 handle. We still believe that this market goes higher, and...
The EUR/USD pair tried to rally during the session on Monday, but as you can see the market failed to hang onto the gains, and we turned around and form a shooting star. The shooting star of...
The AUD/USD pair fell slightly during the session on Monday, but as you can see we are well supported near the 0.9350 level. Because of this, we feel that the fall will be short-term at best, and...
USDCAD remains in uptrend from 1.0619, the fall from 1.0794 could be treated as consolidation of the uptrend. Initial support is at the lower line of the price channel on 4-hour chart, and the key support is...
USDCHF stays in the upward price channel on 4-hour chart, and remains in uptrend from 0.8855, the fall from 0.9003 could be treated as consolidation of the uptrend. Key support is located at the bottom of the...
USDJPY moved sideways in a trading range between 101.06 and 101.78. As long as 101.78 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 102.79 (Jun 4 high), another fall to test...
AUDUSD continued its sideways movement in a range between 0.9328 and 0.9455. Resistance is at 0.9455, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from...
