USD/CAD daily chart, March 10, 2017 The USD/CAD pair broke higher during the day on Thursday, clearing the 1.35 handle. Now that we have broken above there, it’s likely that the market will continue to go higher...
GBP/USD daily chart, March 10, 2017 The GBP/USD pair initially tried to rally during the day on Thursday but turned around to form a negative candle again. The US dollar continues to be very strong against most...
EUR/USD daily chart, March 10, 2017 The EUR/USD pair tried to rally during the day after comments by the European Central Bank suggesting that quantitative easing was going to be cut back slightly. However, there are still...
AUD/USD daily chart, March 10, 2017 The AUD/USD pair fell during the day on Thursday, testing the vital 0.75 level. This is an area that should continue to be important, as it was so resistive in the...
GBPJPY has formed lower highs and lower lows, moving inside a descending channel on the 1-hour chart. Price is currently approaching the resistance at the 140.00 major psychological level and if this keeps gains in check, the...
USDCAD’s upward movement from 1.3009 extended to as high as 1.3535. Support is at the bottom of the price channel on 4-hour chart. As long as the pair stays in the channel, the uptrend could be expected...
USDJPY broke above 114.95 resistance, indicating that the downward movement from 118.66 (Dec 15, 2016 high) had completed at 111.59 already. The pair is now in uptrend from 111.68, further rise could be expected over the next...
AUDUSD stays below the downward trend line on 4-hours chart and remains in downtrend from 0.7740. As long as the pair is below the trend line, the downtrend could be expected to continue, and next target would...
GBPUSD remains in downtrend from 1.2569. As long as the pair is in the descending channel on 4-hours chart, the downtrend could be expected to continue, and next target would be at 1.2000 area. Resistance levels are...
EURUSD continued its sideways movement in a range between 1.0493 and 1.0679. The sideways movement is likely consolidation of the downtrend from 1.0828, further decline to 1.0400 area is still possible after the sideways consolidation. Key resistance...
