The USD/CAD pair broke higher during the course of the session on Monday, testing the 1.25 handle. If we can break above that level, the market should continue to go higher, as the bullish trend should continue...
The GBP/USD pair fell during the course of the session on Monday, testing the 1.5350 region. This is an area where the buyers should start to step back in, and therefore we like buying supportive candles on...
The EUR/USD pair fell during the course of the session on Monday, however we still have plenty of support below. It is not until we break down below the 1.13 level that we are comfortable selling, unless...
The AUD/USD pair fell slightly during the session on Monday, as we continue to hang about the 0.7750 region. Nonetheless, the market looks as if it still has plenty of downward pressure in it, so we are...
EURGBP is moving inside a descending channel on its 1-hour time frame, indicating that the pair might be in for more losses. At the moment, price is testing support at the mid-channel area of interest and may...
USDCAD is forming a sideways movement in a range between 1.2352 and 1.2797. Key support is at 1.2352, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 1.1191...
USDJPY’s downward movement from 120.47 extended to as low as 118.23. Further decline could be expected and the target would be at 116.50 area. Key resistance is at 120.47, only break above this level will indicate that...
AUDUSD continued its sideways movement in a range between 0.7625 and 0.7875. As long as 0.7875 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 0.8294 (Jan 15 high),...
GBPUSD’s rise from 1.4950 extended to as high as 1.5439. Further rise is still possible after a minor consolidation, and next target would be at 1.5500 area. Near term support is at the bottom of the price...
EURUSD failed to break above 1.1534 resistance, and stayed in the trading range between 1.1097 and 1.1534. As long as 1.1534 resistance holds, the price action in the range could be treated as consolidation of the downtrend...
