The USD/JPY pair broke higher during the day on Wednesday as we continue to see quite a bit of buying pressure. This was in reaction to stock markets going higher and we now are finding the market...
The USD/CAD pair initially tried to rally during the session but continues to find the 1.36 level to be far too resistive. Because of this, looks like we are to pull back a little bit as oil...
The British pound continues to grind sideways just above the 200-day exponential moving average and the previous resistance at the 1.2750 level. However, this candle looks a little bit more bullish than the others, and therefore...
The EUR/USD pair initially tried to rally during the day on Wednesday but fell below the 1.09 level again. There is a gap below that should offer support, but quite often these markets tried to fill these...
The Australian dollar fell significantly during the session on Wednesday, breaking down to the 50% Fibonacci retracement level. It is in this area that one would expect some type of support to appear, but as I record...
USDCAD has formed higher lows on its 4-hour time frame, moving above a new ascending trend line connecting the lows since mid-February. Price found resistance at the 1.3650 minor psychological level and seems to be in the...
USDCAD stays in a rising price channel on 4-hour chart and remains in uptrend from 1.3223. As long as the pair is in the channel, the fall from 1.3647 could be treated as consolidation of the uptrend,...
USDJPY continued its upward movement from 108.13 and the rise extended to as high as 111.77. Support is at 110.50, as long as this level holds, the uptrend could be expected to continue and next target would...
AUDUSD broke out of the triangle pattern and continued its downward movement from 0.7749. Further decline could be expected in a couple of days, and next target would be at 0.7400 area. Resistance is at 0.7540, only...
GBPUSD continued its sideways movement in a trading range between 1.2756 and 1.2904. Support is at 1.2700, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.3000...
