USD/JPY daily chart, March 15, 2017 The USD/JPY pair initially tried to rally during the session on Tuesday, but found the 115 level far too resistive yet again. If we can break down below the bottom of...
USD/CAD daily chart, March 15, 2017 The USD/CAD pair broke higher during the session on Tuesday, testing the 1.35 handle. That’s an area that should continue to see resistance, but with the oil market is looking so...
GBP/USD daily chart, March 15, 2017 The British pound fell significantly during the day on Tuesday, as we wiped out all the gains from Monday. It looks as if we are going to continue to try to...
EUR/USD daily chart, March 15, 2017 The EUR/USD pair fell on Tuesday, breaking the bottom of a shooting star from Monday. This is a very negative sign, and I believe that if we can break down below...
AUD/USD daily chart, March 15, 2017 The AUD/USD pair fell significantly during the day on Tuesday but found enough support at the 100-exponential moving average to turn things around and form a hammer. Because of this, I...
USDCAD stays in a ascending price channel on 4-hours chart, and remains in uptrend from 1.3009. As long as the channel support holds, the fall from 1.3535 could be treated as consolidation of the uptrend and further...
USDJPY stays in the rising price channel on 4-hours chart and remains in uptrend from 111.68. As long as the pair stays in the channel, the fall from 115.50 could be treated as consolidation of the uptrend...
AUDUSD remains in downtrend from 0.7740, the price action from 0.7542 is likely consolidation of the downtrend. Key resistance is at 0.7632, as long as the pair is below this level, the downtrend could be expected to...
GBPUSD continued its downward movement from 1.2569 and the fall extended to as low as 1.2109. Resistance is now at 1.2251, as long as this level holds, the downtrend could be expected to continue and next target...
EURUSD’s fall from 1.0714 extended to as low as 1.0600. Deeper decline to test the support of the ascending price channel on 4-hours chart is possible. A clear break below the channel support will confirm that the...
