The USD/CAD pair initially fell during the session on Wednesday, but found enough support at the 1.07 level to turn things back around and form a hammer. That hammer of course suggests that the market is ready...
The GBP/USD pair initially tried to rally during the session on Wednesday, but with the Bank of England failing to impress upon the market a bit of a drive to tighten monetary policy, the British pound was...
The EUR/USD pair initially tried to rally during the session on Wednesday, but as you can see turned back around and close towards the end of the day, forming a negative looking candle. The range was pretty...
The AUD/USD pair fell rather significantly the session before, but we did have a nice bounce and rise during the session on Wednesday. This was partly in reaction to be stronger than anticipated CPI numbers out of...
USDCAD moved sideways in a trading range between 1.0707 and 1.0794. As long as 1.0707 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.0619, another rise to 1.0850...
USDCHF remains in uptrend from 0.8897. Further rise could be expected after a minor consolidation, and next target would be at 0.9100 area. Key support is at 0.8968, only break below this level could signal completion of...
USDJPY stays in a trading range between 101.06 and 101.78. As long as 101.78 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 102.79 (Jun 4 high), another fall...
AUDUSD broke above 0.9455 resistance. Further rise to test 0.9504 resistance could be seen, a break above this level will signal resumption of the longer term uptrend from 0.8660 (Jan 24 low), then next target would be...
GBPUSD’s downward movement from 1.7190 extended to as low as 1.7023. Further decline could be expected, and next target would be at 1.6850 area. Resistance levels are at 1.7120 and 1.7190, only break above these levels could...
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3650. Further decline could be expected, and next target would be at 1.3300 area. Only a clear break above the trend line...
