The GBP/USD pair tried to break higher during the course of the session on Wednesday, but as you can see the 1.52 level offered enough resistance to form a nice-looking shooting star. Because of this, we feel...
The EUR/USD pair fell during the course of the day on Wednesday as the market continues to look soft for the Euro in general. With that, we recognize that the 1.13 level below will be supportive so...
The AUD/USD pair fell bit during the session on Wednesday, showing that the 0.78 level above is resistant. Ultimately, we feel that the Australian dollar will continue to soften, so we are looking to sell and breakdowns...
AUDCAD recently broke below a key support zone at the .9800 major psychological level and appears to be pulling up for a retest. Price just bounced off support at the .9600 major psychological level and my need...
USDCAD remains in uptrend from 1.1191 (Nov 21, 2014 low), the fall from 1.2797 would possibly be consolidation of the uptrend. Range trading between 1.2200 and 1.2797 would likely be seen over the next several days.
USDJPY stays in the downward price channel on 4-hour chart, and remains in short term downtrend from 118.86. However, the downward movement would possibly be consolidation of the longer term uptrend from 115.85, another rise to test...
AUDUSD remains in downtrend from 0.8294, the rise from 0.7625 could be treated as consolidation of the downtrend. Range trading between 0.7625 and 0.7950 would likely be seen over the next several days. Resistance is at 0.7950,...
GBPUSD is facing 1.5268 resistance, as long as this level holds, the sideways movement in the range between 1.4950 and 1.5268 could be treated as consolidation of the downtrend from 1.5785 (Dec 16, 2014 high), and another...
EURUSD is in consolidation of the downtrend from 1.2569 (Dec 16, 2014 high). Range trading between 1.1097 and 1.1650 would likely be seen over the next several days. Key resistance is at 1.1650, as long as this...
The USD/JPY pair broke higher during the course of the session on Tuesday, but as you can see we still remain tight out in consolidation. Because of that, the market looks as if it’s ready to simply...
