The AUD/USD pair initially fell during the course of the session on Monday, but then turned around to form a very positive candle. Ultimately, this is a market that has a lot of noise above though, so...
NZDUSD was previously trading inside an ascending channel formation before making a downside break and hitting a low of .7220. From there, price showed signs of a pullback and looks ready to make a retest of the...
USDCAD continued its upward movement from 1.3000, and the rise extended to as high as 1.3275. Further rise is still possible in a couple of days, and next target would be at 1.3300 area. Support is at...
USDJPY’s downward movement from 104.31 extended to as low as 100.08. Further decline to test 99.52 (Aug 16 low) support is possible after a minor consolidation. Resistance is at 101.30, only break above this level could bring...
AUDUSD broke below the bottom of the price channel on 4-hour chart, implying that the uptrend from 0.7441 had completed at 0.7674 already. Key support is at 0.7602, a breakdown below this level will confirm the completion...
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3445. As long as the trend line resistance holds, further decline to test 1.2865 (Aug 15 low) support is possible. On the...
EURUSD’s bounce from 1.1123 extended to as high as 1.1279. Further rise to test 1.1326 resistance is possible after a minor consolidation. Near term support is at 1.1200, a breakdown below this level could bring price back...
AUDUSD is starting to trend lower, forming a descending channel pattern on its 4-hour time frame. Price is currently testing the resistance near the .7650 minor psychological level and could be due to resume its drop to...
USDCAD broke above 1.3150 resistance, indicating that the pair is now in uptrend from 1.3000. Further rise to test 1.3248 resistance could be expected after a minor consolidation. Support level is at 1.3090, as long as this...
Being contained by 99.52 support, USDJPY rebounded from 100.09. Further rally would likely be seen over the next several days, and next target would be at 103.00 area. Support is at 100.09, only break below this level...
