GBPUSD broke above the upper line of the price channel on 4-hour chart, indicating that lengthier consolidation for the downtrend from 1.5785 is needed. Range trading between 1.5034 and 1.5300 would likely be seen in a couple...
EURUSD is in consolidation of the downtrend from 1.2569. Range trading between 1.1754 and 1.1975 would likely be seen in a couple of days. Resistance is at 1.1975, as long as this level holds, the downtrend could...
The USD/JPY pair initially tried to rally during the course of the day on Monday, but then turned back around to form a massive shooting star. Because of this, it appears that the market is ready to...
The USD/CAD pair broke much higher during the course of the session on Monday as you can see, mainly in reaction to the way the oil markets have fallen apart. We have been targeting the 1.20 level...
The GBP/USD pair initially fell during the course of the session on Monday, but as you can see found enough support to turn things back around and form a nice-looking hammer. With that, we believe that this...
The EUR/USD pair as you can see initially fell during the bulk of the session on Monday, testing the 1.18 level for support. With that being the case, the market looks as if it bounced from there...
The AUD/USD pair fell during the course of the session as you can see on Monday, but found enough support at the 0.8150 level to hang about. With that, if we can break down below the bottom...
AUDUSD broke past a resistance area on its 1-hour time frame and rallied to a high of .8250 before retreating. Price is now retracing to the 50% Fibonacci level, which lines up with the broken resistance level...
USDCAD continued its upward movement from 1.1560, and the rise extended to as high as 1.1977. Further rise could be expected, and next target would be at 1.2100 area. Support is at 1.1850, only break below this...
USDCHF stays in the upward price channel on 4-hour chart, and remains in uptrend from 0.9553. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.0300...
