EURUSD broke below 1.0518 previous low support, indicating that the downtrend from 1.1299 has resumed. Further decline could be expected, and next target would be at 1.0300 area. Resistance levels are at 1.0689 and 1.0800, only break...
The USD/JPY pair fell slightly during the Friday session after the jobs number came out at roughly expected figures. However, there seems to be less inflationary pressure than anticipated, and that of course will bring back some...
The USD/CAD pair fell on Friday at the beginning of the day, but as we went into the afternoon during North American trading, the market turned around to form a supportive looking hammer. Because of this, it’s...
The GBP/USD pair broke higher during the day on Friday, as we start to approach the 1.27 level yet again. This is an area that I think will break, and once it does we will probably make...
The EUR/USD pair fell slightly but then turned back around to form a hammer. The hammer of course is a bullish sign but I think that any rally at this point in time should be a nice...
The AUD/USD pair fell slightly during the session on Friday, but found enough support near the 0.74 level to bounce and test the 0.7450 level again. We found resistance there, as we have in the past, so...
USDCAD remains in uptrend from 1.2763, the fall from 1.3588 is likely consolidation of the uptrend. Support is at the upward trend line on daily chart. As long as the trend line support holds, the uptrend could...
USDJPY continued its upward movement from 101.18, and the rise extended to as high as 114.82. Further rise is still possible after a minor consolidation, and next target would be at 120.00 area. Support levels are at...
AUDUSD remains in downtrend from 0.7778, the rise from 0.7310 is likely consolidation of the downtrend. Deeper decline could be expected after consolidation, and next target would be at 0.6900 area. Resistance is at 0.7530, only break...
GBPUSD broke above 1.2700 resistance, indicating that the downtrend from 1.5016 had completed at 1.1946 already. Further rally could be expected over the next several weeks, and next target would be at 1.3500 area. Support is at...
