EURUSD remains in uptrend from 1.2500, as long as the trend line support holds, the fall from 1.2867 could be treated as consolidation of the uptrend. Another rise could be expected after consolidation, and next target would...
USDCAD’s upward movement from 1.0619 extended to as high as 1.1385. Support is at 1.1070, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.1500 area. Only...
USDCHF is facing the support of the rising price channel on daily chart. As long as the channel support holds, the uptrend from 0.8703 could be expected to resume, and another rise towards 1.0000 is still possible....
USDJPY’s fall from 110.08 extended to as low as 105.19, however, the fall is likely correction of the uptrend from 101.06, another rise towards 115.00 could be expected after correction. Resistance is at 108.00, a break above...
AUDUSD moved sideways in a range between 0.8642 and 0.8898. The price action in the range is likely consolidation of the downtrend from 0.9504. Resistance is at 0.8898, as long as this level holds, the downtrend could...
GBPUSD’s downward movement from 1.7190 extended to as low as 1.5874. Further decline could be expected and next target would be at 1.5500 area. Near term resistance is at 1.6230, and the key resistance is at 1.6524,...
EURUSD is facing the resistance of the downward price channel on daily chart. As long as the channel resistance holds, the downtrend from 1.3993 could be expected to resume, and next target would be at 1.2000 area....
The USD/JPY pair broke higher during the course of the session on Friday, breaking the top of the hammer that informed on Thursday. With that, we should also mention that there is a nice-looking hammer on the...
The USD/CAD pair fell during the course of the session on Friday, testing the 1.12 level for support. That being the case, the market bounced enough to form a hammer, and it should be noted that the...
The GBP/USD pair went back and forth during the course of the session on Friday, essentially printing a very neutral candle. However, we feel bullish about this market now that we have formed a hammer from the...
