The Canadian Dollar has rallied from multi-month lows, especially against its Southern neighbor the US Dollar. The rally lasted in excess of 650 pips from an intra-day high of 1.1278 reached on March 20th 2014 to an...
The USD/JPY pair fell hard during the session on Thursday, testing the support level just below at the 101 handle. Because of this, we believe that the buyers will stepping into this marketplace, and then the pair...
The USD/CAD pair initially tried to fall during the course of the session on Thursday, but as you can see turned back around to form a relatively positive candle. We are still below the 1.08 handle now,...
GBP/USD fell during the session on Thursday, testing the 1.71 level. This area continues to be somewhat supportive though, and as a result we feel that the market should continue to bounce from here and head to...
The EUR/USD pair went back and forth during the session on Thursday, showing that the 1.35 level would of course continue to be supportive. With this being the case, the market feels as if it’s ready to...
The AUD/USD pair tried to rally during the course of the session on Thursday, but as you can see pulled back to form a shooting star. The shooting star was preceded by a hammer, and we do...
USDCAD remains in uptrend from 1.0619, the fall from 1.0794 is likely consolidation of the uptrend. Further rise is still possible and next target would be at 1.0850 area. Support is at 1.0700, only break below this...
USDCHF’s upward movement from 0.8855 extended to as high as 0.8989. Support is now at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to continue,...
USDJPY is facing 101.06 support, a breakdown below this level will signal resumption of the downtrend from 102.79 (Jun 4 high), then deeper decline to test 100.75 key support could be seen. Resistance is now at 101.78,...
AUDUSD is testing 0.9328 support, a breakdown below this level will signal resumption of the downtrend from 0.9504, then next target would be at 0.9250 area. Resistance levels are at 0.9400 and 0.9455, only break above these...
