USDCAD remains in uptrend from 1.1560, the fall from 1.1873 is likely consolidation of the uptrend. Support is at 1.1731, as long as this level holds, the uptrend could be expected to continue, and next target would...
USDCHF remains in uptrend from 0.9553, and the rise extended to as high as 1.0216. Further rise could be expected after a minor consolidation, and next target would be at 1.0300 area. Support levels are at 1.0115...
USDJPY remains in uptrend from 115.56, the fall from 120.82 could be treated as consolidation of the uptrend. Support is at 118.05, as long as this level holds, the uptrend could be expected to resume, and next...
AUDUSD continued its sideways movement in a range between 0.8032 and 0.8214. As long as 0.8214 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 0.8795 (Nov 17, 2014...
GBPUSD’s downward movement from 1.5785 extended to as low as 1.5034. Further decline could be expected, and next target would be at 1.4900 area. Resistance levels are at 1.5170 and 1.5300, only break above these levels could...
EURUSD remains in downtrend from 1.2569, and the fall extended to as low as 1.1754. Further decline could be expected after a minor consolidation, and next target would be at 1.1500 area. Resistance levels are at 1.1880...
The USD/JPY pair went back and forth during the session on Wednesday, as the 119 level offered support. We believe that this market will more than likely go higher going forward, but with the nonfarm payroll numbers...
The USD/CAD pair broke higher during the session on Wednesday, as we continue to grind away towards the 1.20 handle. That being said, we believe the pullbacks are buying opportunities, but recognize that both countries have a...
The GBP/USD pair fell during the course of the session on Wednesday, but found a little bit of support near the 1.5050 handle. With that, it’s likely that the hammer that we are seeing at the end...
The EUR/USD pairfell during the session on Wednesday, testing the 1.18 handle. We see this as a major level of support, and the fact that it exists and we bounced off of it tells us that this...
