USDJPY remains in uptrend from 101.06, the fall from 121.84 is likely consolidation of the uptrend. Near term support is at the lower line of the price channel on daily chart, as long as the channel support...
AUDUSD’s downward movement from 0.9504 extended to as low as 0.8214. Resistance is located at the downward trend line on daily chart. As long as the trend line resistance holds, the downtrend could be expected to continue,...
GBPUSD stays below the downward trend line on daily chart, and remains in downtrend from 1.7190, the rise from 1.5541 could be treated as consolidation of the downtrend. As long as the trend line resistance holds, the...
EURUSD broke above the upper line of the price channel on daily chart, indicating that consolidation of the downtrend from 1.3993 is underway. Range trading between 1.2247 and 1.2599 would likely be seen in a couple of...
The USD/JPY pair went back and forth during the session on Friday, essentially going nowhere. With that being the case, we are still below the 120 level, if we can get above there we think that the...
The USD/CAD pair rose again during the session on Friday, breaking out above the 1.1550 handle. The market looks as if it’s ready to continue going much higher, and we believe the pullbacks will represent value in...
The GBP/USD pair went back and forth during the session on Friday as the 1.57 level continues to be an area of interest. There is a significant amount resistance all the way to the 1.60 level, so...
The EUR/USD pair broke higher during the course of the day on Friday, but struggled at the 1.25 level yet again. With that being the case, the market looks as if it’s going to continue to sell...
The AUD/USD pair tried to rally initially during the session on Friday but then turned back around to fall. The market is currently sitting just above the 0.82 level, and as a result we feel that there...
The USD/JPY pair rose during the course of the session on Thursday as we head back towards the 120 level. With that, we believe that a move back above the 120 level is a signal to start...
