GBPUSD recently broke past the resistance at the 1.5650-.1.5700 psychological levels and is showing signs of a pullback from the rally. The Fib tool appliced on the swing low and high on the 4-hour chart shows that...
The USD/JPY pair fell slightly during the course of the day on Tuesday, but as you can see continues to hover around the 120 level. By doing so, it looks like the market is trying to find...
The GBP/USD pair initially tried to rally during the course of the session on Tuesday, but found the 1.58 level be far too resistive. Because of this, we turned back around and we close to the day...
The EUR/USD pair fell during the day on Tuesday, slamming into the 1.14 handle. This was the scene of significant resistance previously, so it should now be support. If we can break back above the 1.15 level,...
The AUD/USD pair initially tried to rally during the course of the day on Tuesday, but found itself struggling yet again. Because of this, we believe that the market is in fact going to try to reach...
GBPAUD made a strong break past the key resistance around the 2.1400-2.1500 levels, before zooming up to the 2.2300 area. From there, the pair showed signs of pulling back and using the Fibonacci tool on the latest...
NZDUSD is forming a descending triangle on its 4-hour time frame, making lower highs and finding support around the .6500 major psychological level. Price just got rejected on its latest test of the triangle resistance and is...
USDCAD moved sideways in a narrow range between 1.2860 and 1.3213. Support is at 1.2860, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 1.1919, and further rise...
USDJPY failed to break above 125.85 resistance, indicating that lengthier consolidation for the uptrend from 115.56 is needed. Range trading between 120.41 and 125.85 would likely be seen over the next several weeks. Support is at 120.41,...
AUDUSD stays in the downward price channel on daily chart, and remains in downtrend from 0.8162. As long as the channel resistance holds, the downtrend could be expected to continue, and further decline to 0.6800 area is...
