The USD/CAD pair initially fell during the course of the session on Thursday, but as you can see found enough support at the 1.26 level to turn things back around and form a hammer. This hammer of...
The GBP/USD pair initially tried to break out to the upside and above the 1.50 level on Thursday, but struggled and turned back around to form a massive shooting star. Because of this, we feel that the...
The EUR/USD pair broke higher during the session on Thursday, using the 1.05 level as a springboard. We ultimately believe that the market will sell off again, and about the 1.05 level is minor support at best....
The AUD/USD pair broke out to the upside during the session on Thursday, but as you can see is still very much so in a downtrend. Because of this, we feel that simply waiting for a resistive...
USDCAD remains in uptrend from 1.2406, the fall from 1.2797 is likely consolidation of the uptrend. Support is at 1.2600, as long as this level holds, the uptrend could be expected to continue, and next target would...
USDJPY failed to break below the upward trend line on 4-hour chart, indicating that the pair remains in uptrend from 118.23, the fall from 122.02 could be treated as consolidation of the uptrend. As long as the...
AUDUSD broke above 0.7700 resistance, indicating that the downward movement from 0.7912 had completed at 0.7560 already. Further rise could be expected, and the target would be at 0.7850 area. Support is at 0.7560, only break below...
GBPUSD’s downward movement from 1.5551 extended to as low as 1.4849. Resistance is now at 1.5050, as long as this level holds, the downtrend could be expected to continue and next target would be at 1.4500 area....
EURUSD remains in downtrend from 1.1450, the rise from 1.0494 is likely consolidation of the downtrend. Resistance is at 1.0700, as long as this level holds, the downtrend could be expected to continue, and next target would...
AUDUSD has recently made a strong drop below a key support level near the .7750 minor psychological mark. After that, price reached the .7750 minor psychological handle before making a retracement. Price is waiting at the 38.2%...
