GBPUSD remains in downtrend from 1.5551, and the downward movement extended to as low as 1.4893. Further decline could be expected after a minor consolidation, and next target would be at 1.4500 area. Resistance is at 1.5050,...
EURUSD continued its downward movement from 1.1450, and the fall extended to as low as 1.0503. Further decline could be expected after a minor consolidation, and next target would be at 1.0200 area. Resistance is at 1.0700,...
The USD/JPY pair broke down during the session on Tuesday, we trace in all of the gains for Monday. Ultimately though, this market has broken out to the upside in as well above the 120 level. Because...
The USD/CAD pair initially fell during the session on Tuesday, but found enough support below the 1.26 level to turn things back around and form a positive candle. The candle in fact ended up being a hammer,...
The USD/CAD pair initially fell during the session on Tuesday, but found enough support below the 1.26 level to turn things back around and form a positive candle. The candle in fact ended up being a hammer,...
The GBP/USD pair broke down during the session on Tuesday, only to find support just above the 1.50 level again, and bounce. The bounce formed the hammer that you see on the chart now, and as a...
The EUR/USD pair broke down during the session on Tuesday, breaking the bottom of the shooting star that had formed on Monday. Because of this, we ended up going below the 1.07 level, and making fresh, new...
The AUD/USD pair initially broke higher during the course of the session on Tuesday, but found enough resistance above the 0.7650 level to turn things back around and form a shooting star. That shooting star of course...
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USDCAD broke above 1.2663 resistance, indicating that the uptrend from 1.1191 (Nov 21, 2014 low) has resumed. Further rise could be expected, and next target would be at 1.3000 area. Support is at 1.2530, only break below...
