AUDUSD’s fall from 0.8795 extended to as low as 0.8585. Deeper decline to test 0.8540 would likely be seen, a breakdown below this level will indicate that the longer term downtrend from 0.8910 has resumed, then next...
GBPUSD remains in downtrend from 1.6182, the bounces from 1.5590 could be treated as consoliation of the downtrend. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would...
EURUSD’s upward movement from 1.2358 extended to as high as 1.2599. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.2650 area. However, a clear...
The USD/JPY pair went slightly higher during the course of the day on Tuesday, as we continue to grind higher. We believe that this market eventually goes to the 120 level, and every time we pullback it...
The USD/CAD pair tried to break up above the 1.13 level during the session on Tuesday, but as you can see struggled to do so. With that being the case, the market looks as if it is...
The GBP/USD pair initially tried to rally during the session on Tuesday, but struggled in order to hang onto any type of gains, so therefore we ended up falling. The market is a little bit slow at...
The EUR/USD pair broke higher during the course of the day on Tuesday, clearing the 1.25 level yet again. This market continues to slice back and forth, so therefore we feel that this market will eventually turned...
The AUD/USD pair went back and forth during the session on Tuesday, struggling to gain any significant momentum to the upside. There is a significant amount of resistance just above at the 0.88 handle, an area that...
AUDUSD has recently been on a short-term climb, but it looks like the rally could be reversed now that a head and shoulders pattern formed on its 1-hour forex time frame. Price is a few pips away...
USDCAD’s downward movement from 1.1466 extended to as low as 1.1260. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 1.1200 area. However, a clear...
