The GBP/USD pair initially fell during the course of the day on Friday, but then bounced enough to break above the 1.66 handle. The resulting candle is a hammer, so we can break the top of that...
The EUR/USD pair had another negative session on Friday, breaking below the support that we’ve seen recently. With that being the case, we feel that the market will head to the 1.31 level, and then eventually the...
The AUD/USD pair initially tried to rally during the course of the day on Friday, but found the 0.9350 level to be a bit too resistive. With that being the case, the shooting star that form for...
GBPJPY has been on a downtrend, as a falling trend line can be drawn to connect the recent highs of price. The pair is finding resistance at the 172.00 major psychological level, which could continue to keep...
USDCAD remains in downtrend from 1.0997, the rise from 1.0828 is likely consolidation of the downtrend. Resistance is at 1.0900, as long as this level holds, the downtrend could be expected to continue, and next target would...
USDCHF is in consolidation of the uptrend from 0.8855 (Jul 1 low). Deeper decline would likely be seen and the target would be at 0.9080 area. Support levels are at 0.9125 and 0.9080, as long as these...
USDJPY moved sideways in a range between 103.49 and 104.26. As long as 103.49 support holds, the price action in the range could be treated as consolidation of the uptrend from 101.50, further rise could be expected...
AUDUSD is now in uptrend from 0.9237. Further rise is still possible after a minor consolidation, and the target would be at 0.9450 area. Support is at the upward trend line on 4-hour chart, only a clear...
GBPUSD is facing the resistance of the downward trend line on 4-hour chart. As long as the trend line resistance holds, the downtrend from 1.7190 could be expected to resume, and another fall towards 1.6400 is still...
EURUSD is in consolidation of the downtrend from 1.3700 (Jul 1 high). Range trading between 1.3152 and 1.3300 would likely be seen in a couple of days. Resistance levels are at 1.3240 and 1.3300, as long as...
