USDCAD has reached the top of the price channel on daily chart. A clear break above the channel resistance could bring price to 1.3600 zone. Support is at 1.3000, only break below this level could bring price...
USDJPY moved sideways in a range between 98.97 and 107.48. As long as 107.48 key resistance holds, the downtrend from 123.75 (Nov 18, 2015 high) could be expected to continue, and next target would be at 90.00....
AUDUSD failed to break above 0.7755 resistance and stayed in the trading range between 0.7441 and 0.7755. Key support is at 0.7441, as long as this level holds, the price action in the range could be treated...
GBPUSD remains in downtrend from 1.3444, further decline could be expected after a minor consolidation, and next target would be at 1.1500 area. Resistance is at 1.2600, only break above this level will indicate that the downtrend...
EURUSD broke below 1.0911 support and reached as low as 1.0859. Further decline could be expected in a couple of weeks, and next target would be at 1.0600 area. Resistance is at 1.1080, only break above this...
The USD/JPY pair initially fell during the course of the session on Friday, but turn right back around to form a bit of a hammer. If we can break above the top of the hammer, the market...
The USD/CAD pair broke higher during the course of the day on Friday, as we continue to see bullish pressure in the US dollar overall. It makes sense that we continue to grinder way to the upside...
The GBP/USD pair initially fell during the course of the day on Friday but turned around to form a bit of a hammer. That being the case, looks as if we are going to get a bit...
The EUR/USD pair fell rather significantly during the course of the day on Friday, as we continue to continue to drop down towards the 1.08 level. We have now broken down significantly during the course of the...
The AUD/USD pair initially tried to rally during the day on Friday, and then turned back around to show a significant candle. At this point in time, the market breaking down below the bottom of the candle...
