The EURUSD and the GBPUSD are both still on top of the daily trendlines . The EURUSD broke above the trendline that was the upper level of the inclining channel it was in for months, it is important that it continue on up or we could see a retracement back into the channel. The GBPUSD [...]

The USDJPY is really fighting to stay above a significant double bottom. The USDCHF is looking for a possible pull back to the previous daily support and we are also watching the possibility that it could continue on with the daily support level that was broken this week. For specific trade setups for the upcoming [...]