The USD/JPY rose on Thursday, reaching towards the 109.50 level. However, we turned around based upon a few random tweets from the president, as people begin to worry about budget issues in the United States. This is...
The US dollar fell against the Canadian dollar again on Thursday, reaching towards the 1.25 handle again. If we can break down below there, the market can pick up speed to the downside from what I see....
The British pound initially rallied on Thursday, reaching towards the 1.2850 level. We did not make it though, and we have rolled over cents. I believe that the sellers will continue to enter this market, and if...
The EUR/USD pair fell slightly during the day on Thursday, but found enough support near the 1.1785 level to turn around and form a bounce. Ultimately, today could be a very important session for this pair, because...
The Australian dollar initially fell during the session on Thursday, but bounced enough to test the 0.79 level again. I think there is a certain amount of negativity this market, as gold markets will continue to struggle...
EURCAD is trending lower and is moving inside a short-term descending channel visible on the 1-hour chart. Price just bounced off the resistance and is making its way back to support at the 1.4700 handle. The 100...
USDCAD’s short term downtrend from 1.2778 extended to as low as 1.2505. As long as the price is in the falling price channel on the 4-hour chart, the downtrend could be expected to continue and deeper decline...
USDJPY moved sideways in a trading range between 108.60 and 109.82, and is now facing 109.82 resistance. A break of this level could bring price to 110.60 area. Support is at 108.60, below this level could trigger...
No changed in our view, AUDUSD remains in the uptrend from 0.7807, the fall from 0.7962 is likely correction of the uptrend. Another rise to test 0.7962 resistance could be expected, a breakout of this level could...
GBPUSD stays in a bearish price channel on its 4-hour chart and remains in the downtrend from 1.3267. As long as the price is in the channel, the downside movement could be expected to continue and next...
