AUDUSD’s upward movement from 0.8540 extended to as high as 0.8719. Further rise is still possible and the target would be at 0.8750 area. Support levels are at 0.8590 and 0.8540, only break below these levels could...
GBPUSD broke above this upper line of the price channel on 4-hour chart, indicating that the downtrend from 1.6182 had completed at 1.5790 already. Further rise would likely be seen, and the target would be at 1.6100...
EURUSD is facing the resistance of the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the rise from 1.2358 could be treated as consolidation of the downtrend from 1.2867,...
After breaking below support at the .8700 major psychological level and dipping to the .8550 mark, AUDUSD has pulled up to the area of interest and may be due to resume its drop soon. The 38.2% Fibonacci...
The USD/JPY pair rose during the session on Monday, banging into the 115 level. The pair has been very bullish lately, and we think this should continue. We recognize that the level should be resistive, but also...
The USD/CAD pair bounced off the 1.13 level during the session on Monday, as the market went higher. That being the case, the market seems as if it’s ready to go much higher and we do recognize...
The GBP/USD pair broke down during the course of the day on Monday, as we continue the downtrend. The downtrend has been fairly strong, and we have broken down below significant support. Because of this, we feel...
The EUR/USD pair fell during the session on Monday, as the 1.25 level has offered significant resistance, as the market continues to struggle. We believe that this market should then go to the 1.2050 handle, which is...
The AUD/USD pair fell during the course of the day on Monday, testing the 0.86 level. This market looks like it’s ready to go lower as we have turned back around in the vicinity of what looks...
USDCAD’s fall from 1.1466 extended to as low as 1.1300, the subsequent bounce is likely resumption of the uptrend from 1.1121. Further rise to test 1.1466 resistance could be expected, a break of this level will confirm...
