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USDCAD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.0810 (Aug 29 low). As long as the trend line support holds, the uptrend could be expected to continue, and next target...
USDCHF’s downward movement from 0.9687 extended to as low as 0.9370. 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...
USDJPY stays below the downward trend line on 4-hour chart, and remains in downtrend from 110.08, and the fall extended to as low as 105.32. As long as the trend line resistance holds, the downtrend could be...
AUDUSD continued its sideways movement in a range between 0.8642 and 0.8898. As long as 0.8898 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 0.9401, another fall to...
GBPUSD remains in downtrend from 1.6524, the rise from 1.5874 is likely consolidation of the downtrend. Near term resistance is located at the upper line of the price channel on 4-hour chart, as long as the channel...
EURUSD’s upward movement extended to as high as 1.2867. Support is now at the rising trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to continue, and next...
The USD/JPY pair initially fell during the day on Tuesday, but found enough support at the 107 level in order to form a hammer. The hammer of course suggests that we could bounce from here, and as...
The USD/CAD pair broke higher during the course of the session on Tuesday, clearing the most recent high that this market has made. Because of that, the market touched the 1.13 level, and looks very bullish all...
The GBP/USD pair broke down during the course of the day on Tuesday, testing the 1.59 level. That level of course offers last vestiges of support, but if we break down below there we should head to...
