USDCHF remains in uptrend from 0.9370 (Oct 15 low), the fall from 0.9794 is likely consolidation of the uptrend. As long as 0.9531 key support holds, the uptrend could be expected to resume, and next target would...
USDJPY continued its upward movement from 105.32 (Oct 15 low), and the rise extended to as high as 120.24. Near term support is at the bottom of the price channel on 4-hour chart. As long as the...
AUDUSD’s downward movement from 0.8795 extended to as low as 0.8355. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 0.8200 area. On the upside,...
GBPUSD stays in a trading range between 1.5585 and 1.5825. The price action in the range is likely consolidation of the downtrend from 1.6182, another fall towards 1.5000 could be expected after consolidation. Support is at 1.5585,...
EURUSD remains in downtrend from 1.2867 (Oct 15 high), the rise from 1.2280 is likely consolidation of the downtrend. Key resistance is at 1.2599, as long as this level holds, the downtrend could be expected to resume,...
The USD/CAD pair went back and forth during the session on Wednesday, showing that we are still fairly indecisive about where will going. However, it should also be noted that with the nonfarm payroll number coming out...
The USD/CAD pair went back and forth during the session on Wednesday, showing that we are still fairly indecisive about where will going. However, it should also be noted that with the nonfarm payroll number coming out...
The GBP/USD pair rose during the course of the session on Wednesday, but as you can see struggled at the top of the recent consolidation area. Because of that we feel that the market will ultimately bounce...
The EUR/USD pair fell hard during the course of the session on Wednesday, as we finally broke down below the 1.2350 level, an area that has been massively supportive recently. That being the case, the market also...
The AUD/USD pair tried to rally during the course of the session on Wednesday, showing the slightest possibility of going higher but since we turned back around it tells is really at this point time that the...
