The EUR/USD pair rallied during the course of the day on Monday, bouncing off of the 1.1150 level as we expected. Ultimately, I believe that given enough time there will be sellers and signs of exhaustion so...
The AUD/USD pair rose during the course of the session on Monday, breaking above the 0.75 level. The 0.7550 level is an area that has seen a bit of resistance previously, so if we can break above...
USDCAD remains in uptrend from 1.2822, the fall from 1.3248 could be treated as consolidation of the uptrend. Key support is at 1.3100, as long as this level holds, the uptrend could be expected to continue, and...
AUDUSD broke above 0.7567 resistance, indicating that the downward movement from 0.7731 had completed at 0.7441 already. Further rally would likely be seen over the next several days, and the target would be at 0.7650 area. Support...
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3445. Further decline is still possible after a minor consolidation, and next target would be at 1.2900 area. Near term resistance is...
EURUSD is in downtrend from 1.1326. Further decline to test 1.1123 support is possible, and a breakdown below this level will indicate that the longer term downtrend from 1.1366 has resumed, then next target would be at...
AUDUSD seems to be tired from its climb since it already formed a head and shoulders reversal pattern on its 4-hour time frame. Price also broke below the neckline at the .7500 major psychological level, confirming its...
USDCAD’s upward movement from 1.2822 extended to as high as 1.3248. Further rise is still possible after a minor consolidation, and next target would be at 1.3300 area. Key support is at 1.3100, only break below this...
USDJPY stayed in the trading range between 101.20 and 103.35 for several days. Support is at 101.20, a breakdown below this level could bring price to test 99.52 support. Resistance is at 103.35, only break above this...
AUDUSD remains in downtrend from 0.7731, the rise from 0.7441 is likely consolidation of the downtrend. Key resistance is at 0.7567, as long as this level holds, the downtrend could be expected to resume after consolidation, and...
