The USD/JPY pair broke higher during the course of the day on Tuesday, but found the area near 120.50 to be far too resistive. If we get above there, we should then continue much higher. On the...
The USD/CAD pair broke higher during the course of the day on Tuesday, clearing the 1.25 handle. Because of this, the market looks as if it is ready to continue going higher. We recognize that the market...
The GBP/USD pair broke down during the course of the session on Tuesday, crashing into the 1.48 level. We haven’t broken down completely though, and as a result we believe that there could be a little bit...
The EUR/USD pair fell hard during the session on Tuesday, testing the 1.08 handle. With fact, it appears that the market will continue to sell off the Euro, and it now looks like the area is ready...
The AUD/USD pair broke higher during the course of the day on Tuesday, testing the 0.77 handle. However, we gave back most the gains in order to form a bit of a shooting star, and as a...
USDCAD is facing 1.2410 support, a breakdown below this level will signal resumption of the downtrend from 1.2835, then next target would be at 1.2200 area. Resistance is at 1.2575, only break above this level could bring...
USDJPY broke above 120.36 resistance, indicating that the downward movement from 122.02 had completed at 118.33 already. Further rise could be expected, and next target would be at 121.50 area. Support is at 119.50, only break below...
No changed in our view, AUDUSD remains in downtrend from 0.7938, the rise from 0.7532 could be treated as consolidation of the downtrend. Resistance is at 0.7750, as long as this level holds, the downtrend could be...
GBPUSD moved sideways in a trading range between 1.4739 and 1.4994. Resistance is at 1.4994, a break of this level will signal resumption of the uptrend from 1.4634, then further rise to 1.5200 area could be seen....
EURUSD stayed in the trading range between 1.0713 and 1.1052. Resistance is at 1.1052, a break of this level will signal resumption of the uptrend from 1.0462, then next target would be at 1.1150 – 1.1200 area....
