The AUD/USD pair rose during the course of the session on Friday, testing the 0.88 level. This level has offered resistance previously, and as a result we think it’s only a matter of time before the sellers...
The New Zealand economy has enjoyed robust growth which can largely be a contributor to its commodity sector and demand from China. This has allowed the New Zealand Dollar to appreciate in value against other major currencies. ...
The USD/JPY pair did in fact break above the 107.50 level during the session on Thursday, which was the signal that we had been waiting on in order to start buying again. Now that we’ve had that...
The USD/CAD pair initially fell during the course of the session on Thursday, but found the 1.12 level supportive yet again. By doing so, and ended up forming a nice-looking hammer, and right where you want to...
The GBP/USD pair initially fell during the course of the day on Thursday, but tested the 1.60 level in found plenty of support there. That being the case, the market looks like it wants to go higher...
EUR/USD fell initially during the session here on Thursday, but ended up forming enough positive momentum towards the end of the day to form a little bit of a hammer. The fact is that the market essentially...
The AUD/USD pair tried to rally during the course of the day on Thursday, but found the 0.88 level be far too resistive and therefore turned back around and form a shooting star. That shooting star of...
USDJPY is stalling at an area of interest, which lines up with the 108.00 major psychological resistance level. This also coincides with the 200 SMA and the 61.8% Fibonacci retracement on the latest swing high and low...
USDCAD remains in uptrend from 1.0810 (Aug 29 low), the fall from 1.1385 is likely consolidation of the uptrend. Deeper decline is still possible, and the target would be at 1.1150 area. Resistance is at 1.1300, a...
USDCHF remains in uptrend from 0.9370, and the rise extended to as high as 0.9557. Further rise could be expected, and next target would be at 0.9650 area. Support is at 0.9440, only break below this level...
