The US dollar rallied significantly during the trading session on Wednesday, and Thursday of course has been more of the same. However, we are starting to roll over slightly, so I think we are going to...
During the trading session on Thursday, we initially fell to the 1.3333 level, but then bounced rather significantly from this massive area of importance, especially due to not only structural support, but the agreement on the...
The EUR/USD pair went back and forth during the trading session on Thursday, bouncing around the 1.18 level. At this point, I suspect that the market is going to try to form some type of base,...
This pair could be interesting, because if the US dollar strengthens due to strong jobs reporting, we could see this market break down below the 0.75 handle, which I see as massive support. A breakdown below...
USDCAD’s bounce from 1.2623 extended to as high as 1.2868. Further rise to test 1.2916 resistance would likely be seen. A breakout of this level will confirm that the uptrend from 1.2061 (Sep 8 low) has resumed,...
USDJPY broke above 113.08 resistance, indicating that the uptrend from 110.84 has resumed. Further rise could be expected and next target would be at 113.91. Above this level would aim 114.73. Near term support is located at...
AUDUSD extended its downside movement from 0.7653 to as low as 0.7500, breaking below 0.7532 support, suggesting that the downtrend from 0.8124 (Sep 8 high) has resumed. Further decline would likely be seen in the coming days...
The GBPUSD pair failed in it attempt to break below the bullish support trend line on the 4-hour chart and rebounded strongly from 1.3319, suggesting that the pair remains in the uptrend from 1.3039. As long as...
EURUSD continued its downside movement from 1.1961, and the fall extended to as low as 1.1761. Further decline would likely be seen and next target would be at 1.1712 support. A breakdown below this level could trigger...
EURJPY is still trading inside its shallow descending channel visible on the 4-hour time frame and is making its way back down to support at 131.50. A bounce from this area could take it back up to...
