The USD/CAD pair initially tried to fall during the session on Thursday, but bounced back towards the 1.25 handle. With that, the market looks as if it is ready to continue the volatility, but with today being...
The GBP/USD pair went back and forth during the session on Thursday, showing that the 1.52 level below continues to be supportive. In fact, it is not until we break down below there that we would feel...
The EUR/USD pair went back and forth during the course of the session on Thursday, but most importantly tested the 1.10 level for support. We ended up finding support there, and turning back around. Ultimately though, with...
The AUD/USD pair fell during the course of the session on Thursday, as we continue to see sideways consolidation overall. With that being the case, we recognize that the 0.77 level below is massively supportive. If we...
USDCAD is forming a sideways consolidation in a range between 1.2352 and 1.2797. Another fall to test 1.2352 support would likely be seen, a breakdown below this level will target 1.2200 area. Key resistance is now at...
USDJPY is facing 120.47 resistance again, a break of this level will signal resumption of the uptrend from 101.06 (Jul 10, 2014 low), then the following upward movement could bring price to 125.00 area. Support is at...
No changed in our view, AUDUSD remains in downtrend from 0.7912. Further decline to test 0.7625 support could be expected, a breakdown below this level will confirm that the downtrend from 0.8294 (Jan 15 high) has resumed,...
GBPUSD’s downward movement from 1.5551 extended to as low as 1.5215. Resistance is located at the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the downtrend could be expected...
EURUSD’s downward movement from 1.1450 extended to as low as 1.0987. Further decline could be expected, and next target would be at 1.0800 area. Resistance is now at 1.1165, as long as this level holds, the downtrend...
The USD/JPY pair initially fell during the course of the day on Wednesday, but as you can see found enough support to turn things back around and form a hammer. In fact, this is the second hammer...
