The GBP/USD pair had a very strong session on Thursday as we broke above the top of the shooting star from Wednesday. This was based upon the last few sessions of upward momentum, and we feel now...
The EUR/USD pair broke higher during the course of the session on Thursday, clearing the top of a couple of neutral candles. By doing so, it appears that the market will more than likely try to get...
The AUD/USD pair broke higher during the course of the session on Thursday, but found quite a bit of resistance at the 0.78 region. With that, we fell a bit, and it appears that the sellers are...
USDCAD stays in the trading range between 1.2352 and 1.2797. As long as 1.2352 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.1191 (Nov 21, 2014 low), another rise towards 1.3000...
USDJPY failed to break above 120.82 resistance, indicating that lengthier consolidation for the uptrend from 101.06 (Jul 10, 2014 low) is needed. Sideways movement in the range between 115.85 and 120.82 could be expected to continue over...
AUDUSD failed to break below 0.7625 support, and stayed in the trading range between 0.7625 and 0.7875, indicating that lengthier consolidation for the downtrend from 0.8294 is needed. Sideways movement would likely be seen over the next...
GBPUSD’s upward movement from 1.4950 extended to as high as 1.5414. Support is now at 1.5195, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.5500 area....
EURUSD moved sideways in a 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 from 1.2569 (Dec 16, 2014 high),...
The USD/JPY pair broke higher during the course of the session on Wednesday, slicing through the 120 level. That being the case, the market looks as if it is ready to continue going higher, but we are...
The USD/CAD pair tried to go higher during the course of the session on Wednesday, but gave back about half of the gains in order to form a shooting star like candle. That being the case, the...
