The USD/JPY pair broke higher initially during the session on Tuesday, but turned back around in order to form a somewhat negative candle. However, we have no interest in selling this pair as we believe that it’s...
The USD/CAD pair went back and forth during the course of the session on Tuesday, showing the 1.20 level to be resistive still, and as a result we believe that the market is probably going to pull...
The GBP/USD pair fell during the course of the session on Tuesday, but found enough support at the 1.51 level to form a nice-looking hammer. This hammer of course suggests that there are still buyers below and...
The EUR/USD pair broke down during the course of the session on Tuesday, breaking below the hammers that we had seen form. That being the case, it is a fairly negative sign, and if we can continue...
The AUD/USD pair fell initially during the session on Tuesday, but found support below the 0.8150 level in order to turn things back around and form a hammer. The hammer as you can see sits right on...
NZDJPY has shown increased downside momentum, as price broke below the bottom of the ascending triangle on its 4-hour time frame. The chart pattern is roughly 600 pips in height, suggesting that the resulting breakdown could be...
USDCAD’s upward movement from 1.1560 extended to as high as 1.1993. Further rise is still possible after a minor consolidation, and next target would be at 1.2100 area. Support is at 1.1850, only break below this level...
USDCHF remains in uptrend from 1.9553, the fall from 1.0216 is likely consolidation of the uptrend. Near term support is at the bottom of the price channel on 4-hour chart, as long as the channel support holds,...
USDJPY stays in the downward price channel on 4-hour chart, and remains in downtrend from 120.82. Deeper decline is still possible, and next target would be at 116.50 area. Resistance is at the upper line of the...
No changed in our view, AUDUSD is in consolidation of the downtrend from 0.8910 (Oct 29, 2014 high). Range trading between 0.8032 and 0.8300 would likely be seen in a couple of days. As long as 0.8300...
