USDCAD is now in downtrend from 1.3456. Further decline could be expected after correction, and the target would be at 1.2500 area. Resistance levels are at 1.3200 and 1.3456, only break above these levels could trigger another...
USDJPY remains in short term uptrend from 116.13, the fall from 121.62 is likely consolidation of the uptrend. Further rise could be expected after consolidation, and the target would be at 125.00 area. Support levels area at...
AUDUSD remains in downtrend from 0.9504 (Jul 1, 2014 high), the rise from 0.6907 is likely consolidation of the downtrend. Resistance is at 0.7439, as long as this level holds, the downtrend could be expected to resume,...
GBPUSD remains in downtrend from 1.5929, the rise from 1.5107 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.4700 area. Resistance is at 1.5660, only break...
EURUSD remains in short term downtrend from 1.1713, the rise from 1.1087 is likely consolidation of the downtrend. Further decline could be expected after consolidation, and next target would be at 1.0600 area. Resistance levels are at...
The USD/JPY pair broke higher during the course of the session on Friday, clearing the top of the hammer that had formed on Thursday. Because of this, the market looks as if it is ready to continue...
The USD/CAD pair rose during the course of the session on Friday, as it appears we are trying to fight to go higher. Ultimately, we feel that the support extends from the 1.30 level, all the way...
The GBP/USD pair fell during the course of the day on Friday, but still remains very well elevated after the recent impulsivity that sent this market towards the 1.55 handle. We have no interest whatsoever in selling...
The EUR/USD pair fell slightly during the course of the session on Friday, but bounced enough to form a little bit of a hammer. With that being the case, the market should continue to go higher as...
The AUD/USD pair initially fell during the course of the session on Friday, but found enough support below to turn things back around and form a nice-looking hammer. The hammer of course is very bullish, and as...
