The GBP/USD pair rose slightly during the course of the day on Monday, as the British pound continues to strengthen. That being said, if we can break to a fresh, new high, we feel that the market...
The EUR/USD pair went back and forth during the course of the session on Monday, essentially going nowhere by the time the day ended. With that being the case, the market looks as if it isn’t going...
The AUD/USD pair broke higher during the course of the day on Monday, as we continue to press the 0.74 handle. However, we are getting a bit overextended at this point in time so unless you are...
USDCHF has been trending lower on its 1-hour chart, moving inside a descending channel and testing support. Price has formed a bearish flag right at the bottom of the channel around the .9600 major psychological support and...
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USDCAD broke below 1.3011 support, indicating that consolidation for the long term uptrend from 0.9406 (Jul 26, 2011 low) is underway. Further decline could be expected after correction, and the target would be at 1.2500 area. Resistance...
USDJPY is forming a sideways consolidation in a narrow range between 118.58 and 121.62. Further rise could be expected after consolidation, and next target would be at 125.00 area. Key support is at 116.13, only a break...
AUDUSD failed to break below 0.6907 support and continued its sideways movement in a range between 0.6907 and 0.7439. As long as 0.7439 resistance holds, the price action in the range could be treated as consolidation of...
