USDJPY continued its sideways movement in a range between 115.56 and 121.84. As long as 115.56 support holds, the price action in the range could be treated as consolidation of the uptrend from 101.06 (Jul 10, 2014...
AUDUSD stays below the downward trend line on daily chart, and remains in downtrend from 0.9504 (Jul 1, 2014 high). As long as the trend line resistance holds, the rise from 0.7625 could be treated as consolidation...
GBPUSD’s rise from 1.4950 extended to as high as 1.5479. Further rise could be expected, and the target would be at 1.5700 area. Support levels are at 1.5180 and 1.4950, only break below these levels could trigger...
EURUSD moved sideways in a range between 1.1097 and 1.1533. Near term resistance is at 1.1533, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from...
The USD/JPY pair initially fell during the course of the session on Friday, but found enough support at the 118 level to turn things back around and form a hammer. That hammer of course suggests that the...
The USD/CAD pair fell during the course of the session on Friday, but then found support below in order to break above the 1.25 handle. The resulting candle is a hammer, and that suggests that the market...
The GBP/USD pair fell during the bulk of the session on Friday, but bounced off of the 1.53 region in order to form a hammer. Because of this, it appears that the market is trying to reach...
The EUR/USD pair broke back and forth during the course of the session on Friday, as we continue to find quite a bit of volatility in this general vicinity. We believe that the 1.13 level below is...
The AUD/USD pair broke higher during the course of the session on Friday, as the market continues to bounce around the 0.78 handle. Ultimately, we see a significant amount of resistance above, especially at the 0.80 handle,...
The USD/JPY pair initially rose during the session on Thursday, but found a little bit of resistance above the 190 handle. With that, we ended up forming a little bit of a shooting star, but quite frankly...
