USDJPY’s upward movement from 105.32 extended to as high as 115.17. Support is now at 113.17, as long as this level holds, the uptrend could be expected to continue, and next target would be at 117.00 area....
AUDUSD broke below 0.8642 support, indicating that the downtrend from 0.9401 (Sept 5 high) has resumed. Further decline could be expected over the next several days, and next target would be at 0.8400 area. Near term resistance...
GBPUSD broke below 1.5874 support, indicating that the downtrend from 1.6524 (Sept 19 high) has resumed. Further decline could be expected, and next target would be at 1.5600 area. Resistance is at 1.6040, only break above this...
EURUSD is facing 1.2441 support, a breakdown below this level will signal resumption of the downtrend from 1.2867, then next target would be at 1.2200 area. Resistance is located at the upper line of the price channel...
USDCHF has broken above the resistance at the .9550 minor psychological level and looks prime for a pullback to the Fibonacci levels marked on the 1-hour time frame. The pair appears to be finding support at the...
The USD/JPY pair went back and forth during the day on Tuesday as we continue to see this market show bullish pressure. With that being the case, the market should continue to go much higher, but we...
The USD/CAD pair broke higher during the course of the day on Tuesday, testing the 1.14 level. Because of this, the market looks as if it’s ready to break out and start heading towards the 1.15 handle...
The GBP/USD pair did very little during the course of the day on Tuesday, as we continue to hang about the 1.60 level. This is an area that is significant on the longer-term charts, and as a...
The EUR/USD pair broke higher during the course of the day on Tuesday, but we still have the 1.26 level above that should be resistive. That being the case, the market should see sellers coming back into...
The AUD/USD pair went higher during the course of the session on Tuesday, as we continue to find support in this general area of the 0.87 level. That being the case, we feel that the market will...
