No changed in our view, USDCAD remains in uptrend from 1.2460, the fall from 1.3188 would possibly be correction of the uptrend. Support levels are at 1.2750 and 1.2460, as long as these levels hold, the uptrend...
USDJPY is facing 105.54 support, a breakdown below this level will indicate that the downtrend from 123.75 has resumed, then next target would be at 100.00 area. Key resistance is at 111.88, only break above this level...
AUDUSD remains in downtrend from 0.7834, the rise from 0.7144 is likely correction of the downtrend. Range trading between 0.7144 and 0.7550 would likely be seen over the next several weeks. As long as 0.7550 resistance holds,...
GBPUSD moved sideways in a trading range between 1.4332 and 1.4769. The price action in the range is likely consolidation of the uptrend from 1.3835, one more rise to 1.5000 area to complete to upward movement is...
Being contained by the bottom of the upward price channel on daily chart, EURUSD rebounded from 1.1097, indicating that the pair remains in uptrend from 1.0517. Further rise could be expected in a couple of weeks, and...
The USD/JPY pair fell significantly during the course of the day on Friday, breaking below the 106 level. We closed at the very bottom of the range and therefore I think that we should get continuation to...
The USD/CAD pair fell significantly during the course of the session on Friday, as the jobs number coming out of America was horrific. We ended up only adding 38,000 jobs during the month of May, and that...
The GBP/USD pair broke higher during the course of the session on Friday, breaking above the 1.45 handle. What’s most important to me is the fact that we formed a bit of a hammer during the course...
The EUR/USD pair broke higher during the course of the session on Friday, as we got a horrible jobs number coming out of the United States. That being the case, the US dollar fell rather significantly. With...
The AUD/USD pair broke out to the upside during the course of the day on Friday, clearing the 0.73 level. In fact, we got fairly close to the 0.74 level, and a move above there would be...
