The AUD/USD pair tried to break higher during the course of the session on Tuesday, but turned back around to form a shooting star. That being the case, the market looks as if it’s ready to go...
EURJPY might be done with its recent downtrend, as a short-term reversal pattern formed on its 1-hour time frame. A double bottom can be seen, with price currently testing the neckline of the formation. Moving averages have...
USDCAD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.2406. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
USDJPY moved sideways in a narrow range between 120.66 and 122.02. As long as 120.66 support holds, the price action in the range could be treated as consolidation of the uptrend from 118.23, another rise to 125.00...
AUDUSD remains in downtrend from 0.7912, the rise from 0.7560 is likely consolidation of the downtrend. Near term resistance is at the top of the channel, as long as the channel resistance holds, the downtrend could be...
GBPUSD remains in downtrend from 1.5551, the rise from 1.4698 is likely consolidation of the downtrend. Resistance is at 1.4900, as long as this level holds, the downtrend could be expected to continue and next target would...
EURUSD remains in downtrend from 1.1450, the rise from 1.0462 is likely consolidation of the downtrend. Range trading between 1.0462 and 1.0700 is possible in a couple of days. As long as 1.0700 resistance holds, the downtrend...
The USD/JPY pair fell during the session initially on Monday, but found enough support underneath to turn things back around and form a hammer. With this, it looks like the USD/JPY pair will continue to go higher....
The USD/CAD pair initially fell during the session on Monday, but found enough support near the 1.2750 level to turn things back around and form a hammer. This shows that we are without a doubt very well...
The GBP/USD pair broke higher during the course of the session on Monday, slicing back above the 1.48 level. That being the case, the market looks as if we are testing the resistance barrier that extends all...
