The USD/JPY pair initially fell during the day on Thursday but turn right back around to form a fairly bullish candle. That being the case, the market looks as if it is trying to rise from here,...
The USD/CAD pair went back and forth during the course of the day on Thursday, forming a relatively neutral candle. This is a market that I think will continue to be very choppy, but we do have...
The GBP/USD pair initially tried to rally during the day on Thursday but turned right back around to form a relatively negative candle. It looks as if the British pound is going to continue selling off in,...
The EUR/USD pair initially took off to the upside during the day on Thursday, but turned right back around below the 1.1350 level to form a shooting star. The shooting star is of course a very negative...
The AUD/USD pair initially tried to rally during the course of the day on Thursday, but then turned right back around to form a nasty looking shooting star. A break down below the bottom the candle is...
GBPAUD recently broke above a descending trend line on its 4-hour time frame, indicating that price was in for a reversal from the downtrend. However, the pair found resistance at the 1.7700 major psychological mark and has...
USDCAD remains in downtrend from 1.3147, the rise from 1.2822 could be treated as consolidation of the downtrend. Further decline to test 1.2763 support is still possible after consolidation. Resistance is at 1.2970, only break above this...
USDJPY is in downtrend from 104.31. The rise from 101.20 is likely consolidation of the downtrend. Further decline is possible after consolidation, and next target would be at 100.00 area. Key support is at 99.52, a breakdown...
Being contained by 0.7755 resistance, AUDUSD pulled back from 0.7731. However, the fall would possibly be consolidation of the uptrend from 0.7489. Another rise is still possible after consolidation, and next target would be at 0.7800 area....
GBPUSD stays in a upward price channel on 4-hour chart, indicating that the pair remains in uptrend from 1.2865. Support is located at the bottom of the channel. As long as the channel support holds, the uptrend...
