The USD/JPY pair had a slightly negative session on Friday, but remains supported by the 119 region. Because of this, we are bullish of this pair, but we do not think that it’s safe to start buying...
The USD/CAD pair broke much higher during the course of the session on Friday as the 1.25 level offered quite a bit of support. Not only did the support come into play, the market broke above the...
The GBP/USD pair broke back and forth during the course of the session on Friday, but most importantly tested the 1.48 level below for support. If we can break down below that level, we feel that the...
The EUR/USD pair went back and forth during the course of the session on Friday, as we continue to hang about the 1.09 level. That being the case, the market looks as if it does one to...
The AUD/USD pair broke down during the course of the session on Friday, clearing the bottom of the shooting star that had formed on Thursday. Because of this, it looks like the markets ready to head to...
USDCAD failed to break below 1.2352 key support and rebounded from 1.2410, indicating that the downward movement from 1.2835 is complete. Further rise to test 1.2835 resistance would likely be seen, a break of this level will...
USDJPY’s downward movement from 1.2202 extended to as low as 118.33. Further decline would likely be seen after a minor consolidation, and next target would be at 117.00 area. Resistance is at 120.50, only break above this...
After touching 0.7912 resistance, AUDUSD pulled back into the trading range between 0.7560 and 0.7912, indicating that sideways movement in the trading range is underway. Deeper decline to test 0.7560 support would likely be seen, a breakdown...
GBPUSD is in uptrend from 1.4634. Further rise would likely be seen, and the target would be at 1.5350 area. Resistance is at 1.5000, a break of this level could signal resumption of the uptrend. Key support...
EURUSD failed to break above 1.1045 resistance, and stayed in the trading range between 1.0462 and 1.1045, indicating that sideways movement in the range is underway. Further decline to test 1.0462 support would likely be seen, a...
