The USD/CAD pair rose during the session on Tuesday, trying to break out to the upside. If we can break above to a fresh, new high, we believe this market will continue to go much higher, probably...
The GBP/USD pair fell during the session on Tuesday, testing the very bottom of the hammer that informed from Monday. This is a very negative sign, and as a result if we break the bottom of the...
The EUR/USD pair fell initially during the session on Tuesday, and then just essentially sat there at the 1.19 level. It appears that we are ready to grind sideways between now and nonfarm payroll, and quite frankly...
The AUD/USD pair initially tried to rally during the session on Tuesday, but as you can see struggled and ended up forming a shooting star. We are right at resistance anyway, so would not surprise us at...
EURGBP recently bounced off the support of the range on its 4-hour time frame, suggesting that the sideways price action might carry on. Price could head back to the top of the range near the .8050 minor...
USDCAD is facing 1.1841 resistance, a break of this level will signal resumption of the uptrend from 1.1191, then next target would be at 1.2000 area. Support is at 1.1700, only break below this level will indicate...
No changed in our view, USDCHF remains in uptrend from 0.9553, the fall from 1.0187 is treated as consolidation of the uptrend. As long as 0.9950 support holds, the uptrend could be expected to continue, and next...
USDJPY remains in uptrend from 115.56, the fall from 120.82 is likely consolidation of the uptrend. Another rise to test 120.82 could be expected after consolidation, a break of this level will signal resumption of the uptrend,...
AUDUSD continued its sideways movement in a range between 0.8035 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 1.5101. Further decline is still possible after a minor consolidation, and next target would be at 1.5000 area. Resistance is at 1.5350, only break above this level...
