EUR/USD The range continues. Resistance is at 1.4300 and 1.4335-1.4350. There is little resistance beyond that and rates could surge if that level is surpassed. Support is at 1.4220, 1.4200, 1.4175, 1.4120 and 1.4100. Support is likely...
USDCAD breaks below 1.0784 previous low. Deeper decline is still possible to 1.0400-1.0500 area in next several days. Key resistance is now at 1.1113, only rise above this level will suggest that the fall from 1.1723 has...
The rally in global stock markets has led to a sell-off of the safe haven currencies and pushed investors to higher riskier assets as many see the global recession coming to an end. The encouraging global economic...
USDCAD is testing 1.0784 previous low support, a break below this level will signal deeper decline towards 1.0400-1.0500 area. Near term resistance is at 1.1150, only rise above this level will suggest that the fall from 1.1723...
USDCHF stayed in a trading range between 1.0590 and 1.1021 for several weeks. The pair might be forming a cycle bottom at 1.0622 level on daily chart. Key resistance is at 1.0820, a break above this level...
Being contained by the support of the lower border of the price channel on daily chart, USDJPY rebounds from 91.73 level, and the rise from 91.73 extends to as high as 95.29 level, suggesting that a cycle...
AUDUSD is testing 0.8263 previous high resistance. Breaking above this level would more likely be seen next week and further rally to 0.8500 zone to reach the next cycle top on daily chart is expected to follow....
GBPUSD is in range trading between 1.5801 and 1.6743. Further rise to test 1.6743 previous high resistance is possible next week and pullback would more likely be seen before breaking above this level. Near term support is...
EURUSD is testing 1.4338 previous high resistance, pullback would more likely be seen before breaking above this level. Key support is now at 1.4050, a break below this level will indicate that a cycle top has been...
The USD is set for another volatile action-packed trading day as this weeks’ trading comes to a close. The Dollar saw sharp moves against the EUR, GBP and JPY yesterday. This type of behavior is set to...
