EURUSD broke below 1.0851 support, indicating that the downtrend from 1.1616 has resumed. Further decline to test 1.0517 (Dec 3, 2015 low) support could be expected over the next several weeks. Resistance is at 1.1150, only break...
The USD/JPY pair fell at the open on Friday, but did turned around enough to form a nice-looking hammer. The hammer suggests that we are getting ready to trying to press the 108.50 level above that has...
The USD/CAD pair broke out above the 1.35 handle during the day, and continue to go higher on Friday. We did get back some of the gains but given enough time to looks as if we will...
The GBP/USD pair ended up rally again at the open on Monday, but then turned around to form a shooting star like candle. It looks as if we are starting to show signs of exhaustion, but we...
The EUR/USD pair fell after initially trying to rally during the day on Friday. We’ve made a fresh, new low, and it now appears all but certain we will try to break through the 1.08 handle. At...
The AUD/USD pair had a negative candle form for the session on Friday, reaching towards the 0.75 level. That is an area that has been important more than once, and the uptrend line of course continues to...
The USD/JPY pair initially fell during the day on Thursday, but found the 105 level to be supportive enough to turn things around and cause a significant bounce. We are now looking at trying to break out...
The USD/CAD pair tried to rally during the course of the week, reaching towards the 1.35 level above. That is an area that has been resistance, and at this point in time I think that we may...
The GBP/USD pair broke higher during the day on Thursday, clearing the 1.25 level. If we can break above the top of the shooting star from the Wednesday session, this market could easily reach towards the 1.2850...
The EUR/USD pair initially rallied at the open on Thursday, but then continued the bearishness that we have seen. It looks as if we are pressing against the 1.0850 level below, and we could continue to go...
