USDJPY broke above 121.84 resistance, indicating that the uptrend from 101.06 (Jul 10, 2014 low) has resumed. Further rise could be expected, and next target would be at 130.00 area. Support is at 119.00, only break below...
AUDUSD broke below 0.7625 support, indicating that the downtrend from 0.9504 (Jul 1, 2014 high) has resumed. Further decline could be expected, and next target would be at 0.7000 area. Near term resistance is at the downward...
GBPUSD broke below 1.4950 support, and the downward movement from 1.7190 (Jul 15, 2014 high) extended to as low as 1.4698. Further decline could be expected after a minor consolidation, and next target would be at 1.4000...
EURUSD’s downward movement from 1.3993 (May 8, 2014 high) extended to as low as 1.0462. Further decline could be expected after a minor consolidation and next target would be at 1.0000 area. Resistance is now at 1.1000,...
The USD/JPY pair initially fell during the session on Friday, but as you can see bounced just a little bit to form a hammer. This hammer is in exactly impressive, but it does tell us that the...
The USD/CAD pair broke higher during the course of the session on Friday, as we reached to fresh new highs. However, the market did run into a little bit of trouble at the end of the day....
The GBP/USD pair broke down during the session on Friday, slicing through the 1.48 level. The 1.48 level was the bottom of the supportive zone that we had talked about previously, and now it looks like the...
The EUR/USD pair fell during the session on Friday, testing the 1.05 level yet again. This is an area that has been supportive over the last couple of sessions, but ultimately we believe that this market is...
The AUD/USD pair fell during the course of the session on Friday, as we continue to drift much lower. The Australian dollar of course continues to suffer being a commodity related currency, and of course the US...
The USD/JPY pair initially fell during the session on Thursday, but found enough support below to turn things back around and form a nice-looking hammer. That being the case, looks as if the market is ready to...
