GBPUSD has been stuck in a range on its 1-hour time frame, as the pair found support at the 1.5600 major psychological level and resistance at the 1.5750 minor psychological mark. Price recently bounced off the bottom...
USDCAD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.1191. As long as the trend line support holds, further rise could be expected, and next target would be at 1.1800 area....
USDCHF’s downward movement from 0.9817 extended to as low as 0.9553. Further decline is still possible, and next target would be at 0.9500 area. Resistance is at 0.9680, only break above this level could trigger another rise...
USDJPY broke below 117.23 support, indicating that the uptrend from 105.32 (Oct 15 low) had completed at 121.84 already. Further decline could be expected, and next target would be at 115.00 area. Resistance is at 119.60, only...
AUDUSD continued its downward movement from 0.8795, and the fall extended to as low as 0.8162. Resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could...
GBPUSD continued its sideways movement in a range between 1.5541 and 1.5825. As long as 1.5825 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.6182 (Oct 28 high),...
EURUSD moved sideways in a trading range between 1.2247 and 1.2599. As long as 1.2599 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.2867 (Oct 15 high), another...
The USD/JPY pair fell during the course of the session on Monday, as we continue to meander around the 117.50 level. With that being the case, the market looks as if it could find support in this...
The USD/CAD pair broke out to the upside during the session on Monday, as the 1.16 level has been shot straight through. The candle of course is a very positive looking, and a large one on top...
The GBP/USD pair fell hard during the session on Monday, but remains within the consolidation area that we have been in for some time. That being the case, the market looks as if it is ready to...
