After correction, GBPUSD broke above 1.2978 resistance, indicating that the uptrend from 1.2774 has resumed. Further rise could be expected in a couple of days and next target would be at 1.3100 area. Support levels are at...
EURUSD is facing 1.1823 support. A breakdown below this level will indicate the short term uptrend from 1.1662 had completed at 1.2070 already, then the following downside move could take price to test 1.1662 key support. On...
USDCAD broke below 1.2413 support, indicating that the downtrend from 1.3793 has resumed. Further decline could be expected in a couple of weeks and next target would be at 1.2050. Key resistance is at 1.2778, only break...
USDJPY failed to break below 108.13 and rebounded from 108.26. A break above 110.94 key resistance could signal completion of the downside movement from 114.49, then another rise to retest 115.50 resistance could be seen. However, as...
AUDUSD remains in the uptrend from 0.7328, the price action from 0.8065 is likely consolidation of the uptrend. Near term support is at the bullish trend line on the daily chart. As long as the price is...
GBPUSD stays in a rising price channel on the daily chart and remains in the uptrend from 1.1987. As long as the price is in the channel, the fall from 1.3267 could be treated as consolidation of...
EURUSD extended its bullish movement from 1.0569 to as high as 1.2070. Further rise is still possible in a couple of weeks and next target would be at 1.2165, followed by 1.2700. Near term support is at...
The USD/JPY pair went sideways during most of the session on Friday, but did dip below the 110 level during the Johnson announcement. Ultimately, this market looks as if it is attracted to the 110 level, so...
The US dollar initially went sideways against the Canadian dollar, testing the 1.25 level for resistance. We found plenty of resistance there, and as the jobs numbers disappointed in the United States, this market fell. The GDP...
The British pound initially fell during the day on Friday but found enough support at the 1.29 level to turn around and go higher. After the jobs number, we went reaching towards the 1.30 level above, which...
