USDJPY continued its upward movement from 99.52 and the rise extended to as high as 104.31. Further rise could be expected after a minor consolidation, and next target would be at 106.00 area. Support is now at...
AUDUSD stays below the downward trend line on 4-hour chart and remains in downtrend from 0.7755. As long as the trend line resistance holds, the rise from 0.7489 could be treated as consolidation of the downtrend. Further...
GBPUSD continued its upward movement from 1.2865, and the rise extended to as high as 1.3375. Further rise to test 1.3480 (Jul 15 high) resistance is possible. Near term support is at 1.3215, a breakdown below this...
EURUSD remains in downtrend from 1.1366, the bounce from 1.1123 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.1000 area. Near term resistance is at 1.1251,...
GBPJPY could be due for a long-term reversal, as price formed a double bottom pattern on its 4-hour chart. The pair failed in its last two attempts to break below the 129.00 area and is on its...
The US dollar initially fell against the Japanese yen but then turn right back around to form a fairly strong green candle. What’s most impressive about the candle is that we broke above the top of the...
The USD/CAD pair broke down during the course of the day on Friday, after we got a less than anticipated jobs number. I had suggested during the video yesterday that if we broke down below the bottom...
The British pound initially tried to rally during the day on Friday, but turn right back around and form a shooting star. The shooting star is roughly where I wanted to see signs of exhaustion to start...
The EUR/USD pair initially tried to rally during the course of the session here on Friday, but turn right back around to form a bit of a shooting star I find this interesting due to the fact...
The Australian dollar initially rallied during the course of the day on Friday, but turned right back around to form a bit of a shooting star. This suggests that we may drop from here but I also...
