USDJPY continued its short term uptrend from 118.16, and the rise extended to as high as 123.75. Further rise to test 125.85 resistance is possible, a break of this level will indicate that the long term uptrend...
AUDUSD stays in the trading range between 0.6907 and 0.7439. Resistance is at 0.7439, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from 0.9504 (Jul...
GBPUSD remains in downtrend from 1.5929, the rise from 1.5027 is likely consolidation of the downtrend. Resistance is at the downward trend line on daily chart, as long as the trend line resistance holds, the downtrend could...
EURUSD is facing 1.0462 (Mar 13 low) support, a breakdown below this level will indicate that the long term downtrend from 1.3993 (May 8, 2014 high) has resumed, then next target would be at 1.0000 area. Resistance...
The USD/JPY pair went back and forth during the day on Friday essentially settling nothing. Ultimately though, the market should continue to go higher given enough time, but having said that we recognize that we don’t have...
The USD/CAD pair initially fell during the course of the day on Friday, but turned back around to crash into the 1.3350 level. With this, we believe that the market is getting ready to go higher, but...
The GBP/USD pair fell during the course of the session on Friday, testing the 1.52 level. The weekly candle was a shooting star, so it seems as if it’s only a matter time before he break down....
The EUR/USD pair fell during the course of the session on Friday, testing the 1.0650 level again. That being the case, the market would eventually start to break down if we can get below there, and we...
The AUD/USD pair broke higher during the course of the session on Friday, as we certainly can towards the 0.7250 level. That being the case, the market should continue to go higher but we recognize that there...
NZDUSD has been trending lower across most time frames but is showing signs of a large pullback from its latest drop. Price bounced off support at the .6425 area and is retreating to the Fib levels marked...
