AUDUSD continued its downward movement from 0.7710 and the fall extended to as low as 0.7532. Resistance is now at 0.7628, as long as this level holds, the downtrend could be expected to continue, and next target...
GBPUSD is now in uptrend from 1.1946, the fall from 1.2477 is likely correction of the uptrend. Further rally could be expected after correction, and next target would be at 1.2800 area. Key support at 1.1946, only...
EURUSD continued its downward movement from 1.1279 and the fall extended to as low as 1.1041. Further decline is still possible after a minor consolidation and next target would be at 1.1000 area. Near term resistance is...
The USD/JPY pair initially fell during the day on Monday, but then turned around to reach towards the 103.75 region. I do believe that eventually we will continue to go higher, and perhaps reach towards the 105...
The USD/CAD pair initially tried to rally during the day on Monday, but then fell rather significantly as Vladimir Putin suggested that Russia may cut back production of petroleum going forward to help OPEC. However, we still...
The GBP/USD pair did very little during the day on Monday as we continue to simply meander just below the 1.24 level. Ultimately, I believe that this market will have to make some type of move, but...
The EUR/USD pair fell significantly during the course of the session on Monday, crashing into the 1.1150 level. I believe that there is a significant amount of support just below there, so it is going to take...
The AUD/USD pair went back and forth on Monday, showing quite a bit of volatility as the market really doesn’t have much in the way of directionality at this point. I do think that eventually we have...
USDCAD has formed higher lows and higher highs, creating a rising wedge formation visible on its 4-hour chart. Price is currently testing the wedge support at 1.3185 and could be due for a breakout soon. If support...
EURAUD was recently in a downtrend before price formed an inverse head and shoulders pattern on its 1-hour time frame. Price has yet to break past the formation’s neckline around the 1.4775 level before confirming the potential...
