AUD/USD made a strong rally yesterday thanks to upbeat jobs data, but it was unable to sustain its rally when Chinese CPI came in weaker than expected today. The pair topped around the .9450 minor psychological...
EUR/USD recently broke above a falling trend line on its 1-hour time frame, indicating that the downtrend is already over. The pair also surged past the 1.3800 area of interest, suggesting that more gains are in the...
AUD/JPY recently made a strong break and sustained rally past the 94.00 major psychological level but it appears that a quick correction might take place. The pair has retreated upon reaching the 96.00 major psychological resistance and...
NZD/USD recently broke below a rising trend line connecting the lows of the price, indicating that the previous uptrend is already over. Before heading any lower though, the pair made a quick retracement move to the Fibonacci...
After trending lower towards the end of last year and the start of this year, CAD/JPY has formed a consolidation pattern and is indicating a possible reversal of the previous downtrend. A triple bottom can be seen...
USD/JPY is testing a key resistance level at the 104.00 major psychological mark prior to the release of the US non-farm payrolls figure today. Analysts are expecting to see a 200K increase in hiring, higher than the...
AUD/USD has formed a reversal pattern on its 1-hour time frame, indicating that the uptrend may be over and that a selloff is ready to take place. The pair is still testing the neckline around the .9225...
Despite the sharp selloff that took place in today’s Asian trading session and the double top pattern that formed on the short-term time frames, NZD/USD’s uptrend is still intact. The pair is currently testing the rising trend...
USD/JPY has been on a strong rally lately after breaking above the consolidation pattern below the 102.50 minor psychological resistance. The pair seems close to testing another resistance level again, this time on top of the rising...
USD/JPY has been on a strong rally lately after breaking above the consolidation pattern below the 102.50 minor psychological resistance. The pair seems close to testing another resistance level again, this time on top of the rising...
