USD The US Dollar gained broadly on Friday after a Retail Sales report came in stronger than expected, boosting the hopes, once again, that the US will move to raise interest rates sooner than initially predicted. The...
Last week’s major development was the strengthening Dollar. This has shown that a real change in the market might take place, and that the Dollar could strengthen further. The most significant news publication this week will be...
USDCAD has consolidated in a range between 1.0405 and 1.0852 for several weeks. Another fall below 1.0206 previous low would more likely be seen after consolidation. Resistance is at 1.0852, only rise above this level could signal...
USDCHF broke above 1.0337 key resistance, suggesting that the fall from 1.1021 has completed at 0.9917 already. Further rally is still possible next week and next target would be at 1.0600 area. Support is at 1.0200, only...
Being contained by resistance of the upper border of falling price channel on daily chart, USDJPY pulled back from 90.76 level. However, the fall from 90.76 is more likely consolidation of uptrend from 84.82, another bounce towards...
AUDUSD stays in a trading range between 0.8916 and 0.9404. Moving sideways without trend in the range is still possible next week. As long as 0.8916 support holds, the price action in the trading range is treated...
GBPUSD broke below 1.6251 key support, suggesting that a cycle top has been formed at 1.6875 level on daily chart. Another fall towards 1.5708 would more likely be seen in next several days. Resistance is at 1.6370...
EURUSD broke below 1.4626 key support, suggesting that the uptrend from 1.3748 has completed at 1.5144 level already. Further decline is now in favor and next targets would be at 1.4300 area. Resistance is at 1.4800, only...
USD/JPY Open 88.29 High 88.99 Low 87.76 Close 88.19Dollar/Yen made a lowering attempt on Thursday to the 87.76 bottom, from where it started climbing up to 88.43, closing the day at 88.19. Today Dollar continue to strengthen...
GBP/USD Open 1.6274 High 1.6342 Low 1.6216 Close 1.6276Pound/Dollar traded hesitantly and with volatility on Thursday. Quotes attempted to decrease, reaching a bottom at 1.6216, from where the Cable bounced up to the 1.6342 top, closing the...
