AUDUSD continued its downward movement from 0.9401 and the fall extended to as low as 0.8938. Further decline could be expected and next target would be at 0.8700 area. Near term resistance is at the downward trend...
GBPUSD is facing the resistance of the downward trend line on 4-hour chart. As long as the trend line resistance holds, the rise from 1.6051 could be treated as consolidation of the downtrend from 1.7190 (Jul 15...
After consolidation, EURUSD broke below 1.2859 support and continued its downward movement from 1.3411, and the fall extended to as low as 1.2834. Further decline could be expected, and next target would be at 1.2600 area. Resistance...
The USD/JPY pair initially fell during the course of the session on Tuesday, but found enough support below to show the 107 level to be supportive. The resulting candle was a hammer, and as a result it...
The USD/CAD pair fell hard during the course of the day on Tuesday, slicing back through the 1.10 support level in order to show real Canadian dollar strength. This would’ve been basically as a result of strengthening...
The GBP/USD pair went back and forth during the course of the day on Tuesday, and ended up forming a nice hammer for the day. We are testing the resistance above, we feel that it is only...
The EUR/USD pair broke higher during the course of the day on Tuesday, but found the 1.30 level to be far too resistive. That area has offered far too much in the way of pressure to keep...
The AUD/USD pair initially fell during the course of the day on Tuesday, but found the 0.90 level to be supportive enough to bounce significantly. With that, we crashed into the 0.91 handle for resistance, and look...
GBPUSD is taking a break from its recent selloff as the pair found support at a long-term area of interest. The daily chart shows price stalling at the 38.2% Fibonacci retracement level, which lines up with a...
USDCAD remains in uptrend from 1.0810, the fall from 1.1098 is likely consolidation of the uptrend. Key support is at 1.0933, as long as this level holds, the uptrend could be expected to resume, and another rise...
