The AUD/USD pair initially rallied on Thursday, but continues to find the 0.7750 level above massively resistive. Because of this, we did up falling rather significantly and now it looks like we are going to continue to...
GBPJPY has staged a strong rally recently but is currently hitting the ceiling at the top of its descending channel pattern visible on the 4-hour chart. If this area keeps gains in check, price could head back...
USDCAD continued its upward movement from 1.3005, and the rise extended to as high as 1.3525. Further rise could be expected over the next several days, and next target would be at 1.3600 area. Key support is...
USDJPY’s upward movement from 101.18 extended to as high as 106.94. Further rise could be expected after a minor consolidation, and next target would be at 108.00 area. Near term support is at 104.90, as long as...
AUDUSD is facing 0.7557 support, a breakdown below this level will confirm that the uptrend from 0.7506 had completed at 0.7778 already, then the following downward movement could bring price to 0.7000 area.
GBPUSD’s upward movement from 1.2082 extended to as high as 1.2584. Further rise is still possible and next target would be at 1.2700 area. Support is at d1.2330, only break below this level could bring price back...
EURUSD is facing 1.0851 support, range trading between 1.0864 and 1.1000 would likely be seen before breaking below this level. Resistance is at 1.1000, as long as this level holds, the rise from 1.0864 could be treated...
The USD/JPY pair initially collapsed during the day on Wednesday in reaction to the surprise presidential election, but as you can see ended up turning around in forming a massive hammer. We are now where we started...
The USD/CAD pair broke higher during the day on Wednesday, as we cleared the 1.35 level at one point. We did get back some of the gains though, so at this point I believe that we will...
The British pound initially rallied during the day Wednesday, but found enough resistance above the 1.25 level to turn things around and form a shooting star. This is a shooting star right at a major resistance barrier,...
