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 1.5951 could be treated as consolidation of the downtrend from 1.6524, another fall...
EURUSD is facing 1.2698 resistance, a break of this level will indicate that the downtrend from 1.2994 had completed at 1.2500 already, then further rise to 1.2850 area could be seen. On the downside, as long as...
The USD/JPY pair fell during the course of the day on Monday, testing the 108.50 support area. We think that there is support all the way down to the 108 handle, so we have no interest whatsoever...
The USD/CAD pair fell hard during the course of the day on Monday, slicing through the 1.12 level as the Ivey numbers out of Canada came out stronger than anticipated. However, we are still well within the...
The GBP/USD pair broke much higher during the course of the day on Monday, breaking out above the 1.6050 region. The market still is a very bearish though, so we have no interest whatsoever in buying this...
The EUR/USD pair broke higher during the course of the day on Monday, testing the 1.2650 region. With that, it appears that the market is running into significant resistance, and as a result the market will more...
The AUD/USD pair broke higher during the course of the day on Monday, testing the 0.88 handle for resistance. With that, the market appears to be consolidating in this general vicinity, and we would have quite a...
EURUSD has been moving in a downtrend for quite some time, forming a descending trend line in connecting the recent highs. The pair has bounced off the 1.2500 major psychological support level and pulled up to the...
USDCAD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.0886, the fall from 1.1269 could be treated as consolidation of the uptrend. Another rise could be expected after consolidation, and next...
USDCHF stays above the upward trend line on 4-hour chart, and remains in uptrend from 0.9300, the fall from 0.9687 could be treated as consolidation of the uptrend. As long as the trend line support holds, the...
