AUDUSD is now in uptrend from 0.6826, and the rise extended to as high as 0.7583. Further rise could be expected after a minor consolidation, and next target would be at 0.8000 area. Support is at 0.7300,...
GBPUSD moved sideways in a range between 1.3835 and 1.4668 for several weeks. Key resistance is at 1.4668, as long as the level holds, the price action in the range could be treated as consolidation of the...
No changed in our view, EURUSD is in uptrend from 1.0517, the fall from 1.1376 is likely consolidation of the uptrend. Key support is at 1.0700, as long as this level holds, the uptrend could be expected...
The USD/JPY pair did almost nothing during the course of the session on Friday as we continue to consolidate overall. With this, the market is probably going to simply sit in this area, so we don’t have...
The USD/CAD pair fell slightly during the course of the session on Friday, as we continue to see bearish pressure in this market. The oil markets have been very strong lately, so that of course has been...
The GBP/USD pair broke higher during the course of the day on Friday, clearing the 1.43 level. Because of this, looks like we’re going to try to grind our way to the 1.45 handle given enough time,...
The EUR/USD pair initially fell during the course of the session on Friday, turning back around to form a bit of a hammer. The hammer of course is a very bullish candle, so if we can break...
The Australian dollar has broken out. We are clearly above the 0.75 level, as we closed almost all the way to the 0.76 level during the day on Friday. More and poorly, we broke above the top...
The USD/JPY pair initially tried to rally during the day on Thursday, but turn right back around to form a fairly negative candle. At the end of the day though, we are still well within the tolerance...
The USD/CAD pair went back and forth during the day on Thursday, as we continue to try to find some type of support in order to rally again. With this being the case, it’s likely that the...
