The GBP/USD pair fell hard during the day on Thursday, slicing through the 1.70 support region. However, there’s still plenty of support all the way down to the 1.69 level, so we do not feel it’s quite...
The EUR/USD pair went back and forth during the session on Thursday, essentially settling nothing as we printed a neutral candle. The market still looks a very weak though, and as a result we favor selling at...
The AUD/USD pair tried to break out to the upside during the session on Thursday, but as you can see failed out the 0.9450 area, and as a result we turned back around to form a shooting...
USDCAD remains in uptrend from 1.0619, the fall from 1.0794 is likely consolidation of the uptrend. As long as 1.0707 support holds, the uptrend could be expected to resume, and another rise to 1.0850 area is still...
USDCHF’s upward movement from 0.8897 extended to as high as 0.9037. Further rise could be expected, and next target would be at 0.9100 area. Support is at 0.9000, only break below this level will indicate that consolidation...
USDJPY broke above 101.78 resistance, indicating that the downtrend from 102.79 (Jun 4 high) had completed at 101.06 already. Further rally could be expected, and next target would be at 102.50 area. Support is at 101.40, only...
AUDUSD remains in uptrend from 0.9328, the fall from 0.9470 would possibly be consolidation of the uptrend. Support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, the...
GBPUSD’s downward movement from 1.7190 extended to as low as 1.6965. Resistance is now located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to...
EURUSD remains in downtrend from 1.3650, the rise from 1.3437 is likely consolidation of the downtrend. Initial resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend...
The USD/JPY pair initially fell during the session on Wednesday, but found enough support below in order to turn things back around and form a hammer. This market is towards the bottom of the larger consolidation area,...
