The USD/JPY pair had a very strong session on Monday, slicing through the 120 level during US trading. That being the case, the market looks very bullish and if we can break above the top of the...
The USD/CAD pair broke higher during the course of the session on Monday as we continue to see bullishness in this market. Quite frankly, the oil markets are doing absolutely nothing to benefit the Canadian dollar right...
The GBP/USD pair initially fell during the session on Monday, and sliced below the 1.48 level to start showing weakness. However, we found enough support there to turn things back around and form a hammer. This hammer...
The EUR/USD pair broke down a little bit during the session on Monday, as the market is now testing the 1.08 handle. If we can get below that number, we believe that this market will then head...
The AUD/USD pair fell during the course of the day on Monday, and as you can see broke down below the 0.77 handle. We recognize that there is a lot of noise just below, so even though...
USDCAD is in uptrend from 1.2410. Further rise to test 1.2835 resistance would likely be seen, a break of this level will signal resumption of the long term uptrend from 1.0619 (Jul 3, 2014 low). Support levels...
USDJPY’s bounce from 118.33 extended to as high as 120.36. Near term resistance is at 120.50, a break of this level will indicate that the downtrend from 122.02 had completed at 118.33 already, then the following upward...
AUDUSD’s downward movement from 0.7938 extended to as low as 0.7632. Further decline to test 0.7560 support would likely be seen, a breakdown below this level could signal resumption of the long term downtrend from 0.9504 (Jul...
GBPUSD remains in uptrend from 1.4634. Further rise to 1.5350 area to complete the upward movement would likely be seen. Resistance is at 1.5000, a break of this level could signal resumption of the uptrend. Key support...
EURUSD is in short term downtrend from 1.1052. Deeper decline to test 1.0462 support would likely be seen, a breakdown below this level will signal resumption of the long term downtrend from 1.3993 (May 8, 2014 high)....
