Being contained by the rising trend line from 0.9917 to 1.0132, USDCHF bounced from 1.0506, suggesting that a cycle bottom is being formed on daily chart. Another rise towards 1.1000 would more likely be seen in a...
USDJPY traded in a narrow range between 89.63 and 91.08 for several days. Now the price action in the trading range is more likely consolidation of uptrend from 84.82. As long as 89.63 support holds, another rise...
AUDUSD remains in uptrend from 0.8577. Further rally is still possible next week and next target would be at 0.9300 area. Initial support is at 0.9095, as long as this level holds, uptrend could be expected to...
GBPUSD broke above the falling trend line, suggesting that a cycle bottom has been formed at 1.4784 level on daily chart. However, another cycle top is nearing, a break below 1.4784 previous low will indicate that a...
EURUSD is forming a cycle top at 1.3817 level on daily chart. Key support is located at 1.3435, a break below this level will confirm the cycle top and indicate that the long term downtrend from 1.5144...
Having decreased yesterday by 1,5 figure, the EUR/USD pair has a good chance to shape a correctional figure in the form of a wedge.
USD/JPY Open 90.48 High 90.72 Low 89.75 Close 90.35Dollar/Yen is trading hesitantly this week within the small 89.75 – 90.89 range, as seen on the 15 minute chart, in converse with the very negative bank sentiment at...
GBP/USD Open 1.5251 High 1.5327 Low 1.5176 Close 1.5249Pound/Dollar continued decreasing on Thursday, in converse with the positive Interbank sentiment at nearly 13%. The Cable depreciated from 1.5327 down to 1.5176, closing the day at 1.5249. On...
EUR/USD – 1.3614..http://www.acetraderrfx.com The usual minor recovery occured in Asia after y’day’s selloff to 1.3586 but renewed selling interest at 1.3627 capped euro’s upside n intra-day selloff in sterling has dragged price lower.
Past Events • USD Core CPI, out at 0.1% as expected, prior -0.1%• USD Unemployment Claims, out at 457K versus expected 456K, prior 462K• USD Philadelphia Fed Manufacturing Index, out at 18.9 versus expected17.6, prior 17.6• CAD...
