The USD/JPY pair went back and forth during the course of the day on Tuesday, but then turned right back around to form a slightly positive candle. By doing so, the market looks as if we are...
The USD/CAD pair broke much higher during the course of the day on Tuesday, breaking well above the top of the shooting star from the Monday session. By doing so, it shows that the USD/CAD pair should...
The GBP/USD pair fell during the course of the session on Tuesday, breaking down below the 1.32 level. I believe eventually that this market continues to go lower, especially considering that the British pound itself is starting...
The EUR/USD pair went back and forth during the course of the session, forming a relatively neutral candle. By doing so, it looks as if the market simply has no idea which way to go, and at...
The AUD/USD pair broke down during the course of the session on Tuesday, breaking down below the bottom of the hammer from the Monday session. Ultimately, I believe that the 0.74 level below is essentially what we...
USDJPY has been trending lower on the longer-term time frames but it looks like an upside breakout and reversal might be due. Price is making another test of the descending channel resistance on the daily time frame...
USDCAD broke above 1.3147 resistance. Further rise could be expected over the next several days, and next target would be at 1.3400 area. Support is at 1.3020, as long as this level holds, the uptrend will continue.
USDJPY broke above 103.05 resistance indicating that the uptrend from99.52 has resumed. Further rise to test 104.31 resistance could be seen, a break of this level could bring price to 106.00 zone. Support is at 101.20, only...
AUDUSD broke below 0.7489 support and reached as low as 0.7441. Further decline could be expected over the next several days, and next target would be at 0.7200 area. Resistance is at 0.7570, as long as this...
GBPUSD broke below the bottom of the price channel on 4-hour chart, indicating that the uptrend from 1.2865 had completed at 1.3445 already. Resistance is located at the downward trend line. As long as the trend line...
