EURUSD remains in uptrend from 1.0494, the fall from 1.0714 is likely consolidation of the uptrend. Support level is at 1.0600, as long as the pair is above this level, the upward movement could be expected to...
Last week , GBP USD ended the cycle from 02/02/2017 peak which unfolded as a double three Elliott wave structure with a FLAT in the Y leg. Pair slightly exceeded 123.6 Fibonacci extension (1.2145) of the first 3...
AUDUSD has been trending lower on its 1-hour time frame, moving below a descending trend line connecting the latest highs of price action. Price is currently pulling back to this trend line, which lines up with the...
USDCAD remains in uptrend from 1.3009, the fall from 1.3535 is likely consolidation of the uptrend. Near term support is at the bottom of the price channel on 4-hour chart. As long as the channel support holds,...
USDJPY is now in uptrend from 111.68. Further rise could be expected over the next several days, and next target would be at 117.50 area. Support is at 113.55, only break below this level could trigger another...
AUDUSD remains in downtrend from 0.7740, the rise from 0.7490 is likely consolidation of the downtrend. Resistance is now at the top of the price channel on 4-hour chart. As long as the pair is in the...
GBPUSD stays in the descending price channel on 4-hour chart and remains in downtrend from 1.2569. As long as the pair is in the channel, the downtrend could be expected to continue, and next target would be...
EURUSD broke above 1.0679 resistance, indicating that the pair is now in uptrend from 1.0493. Further rise would likely be seen in a couple of days, and next target would be at 1.0750 area. Support is at...
USD/JPY daily chart, March 13, 2017 The USD/JPY pair rally during the day on Friday, breaking above the 115 handle. We are starting to run into a bit of resistance, but I think the pair is about...
USD/CAD daily chart, March 13, 2017 The USD/CAD pair fell initially during the day on Friday, but you can see found plenty of support just above the 1.34 level, sending the market back towards the 1.35 handle....
