The Australian dollar initially tried to rally during the day on Tuesday, but found trouble at the 0.7950 or so. The fact that we ran to that level and then fell over, the market should then continue...
AUDNZD made higher highs and higher lows, moving inside an ascending channel on its 1-hour time frame. Price just bounced off the resistance and looks ready for another test of support. Using the Fib tool on the...
USDCAD stays above the rising trend line on its 4-hour chart and remains in uptrend from 1.2413. As long as the trend line support holds, the uptrend from 1.2413 could be expected to continue and next target...
USDJPY failed to break out of the top trend line of the price channel on the 4-hour chart and is now facing 109.83 support. A breakdown below this level will indicate that the downtrend from 114.49 has...
AUDUSD broke below 0.7875 support and is now in downtrend from 0.8065. Near term resistance is at the falling trend line on the 4-hour chart. As long as the pair is below the trend line, the downtrend...
GBPUSD broke below the bottom support trend line of the price channel on its 4-hour chart, indicating that the uptrend from 1.2589 had completed at 1.3267 already. Further decline could be expected and next target would be...
EURUSD broke below the key support level at 1.1728, indicating that the bullish movement from 1.1312 had completed at 1.1909 already. Further decline could be expected and the target would be at the bottom support trend line...
USDCNH extended its bearish movement from 6.9867 to as low as 6.7006, breaking below the bottom support trend of the price channel at 6.7740 on its weekly chart, suggesting that the long term uptrend from the January...
The US dollar softened a bit at the beginning of the session on Monday, but then turned to the upside yet again. It looks as we are going to challenge the 111 handle, and I do believe...
The US dollar has rallied significantly against the Canadian dollar over the last couple of sessions, but has run into a bit of noise at the 1.27 level. I believe this is minor, as there is much...
