USDCAD has reached the falling trend line from 1.0852 to 1.0678. A clear break above the trend line resistance will indicate that the fall from 1.0852 has completed at 1.0138 already, then further rally could be seen...
USDCHF continues its downward movement and the fall from 1.1730 extends to as low as 1.0921 level. Resistance is now at 1.1140, as long as this level holds, downtrend will continue, however, a break above this level...
USDJPY stayed in a trading range between 88.14 and 94.98 for several months. Now the pair is moving towards 88.14 key support, a breakdown below this level will indicate that the bounce from 84.82 (2009 low) is...
AUDUSD remains in uptrend from 0.8066 and the fall from 0.8858 is treated as consolidation of uptrend. Support is at 0.8450, as long as this level holds, we’d expect uptrend to resume and one more rise to...
GBPUSD’s bounce from 1.4230 extends further to as high as 1.5076. Upward movement is expected to continue next week and target is at the upper boundary of the falling price channel. Support levels are at 1.4855 and...
EURUSD’s bounce from 1.1876 extended to as high as 1.2466. Another rise towards 1.2671 key resistance is expected after a minor consolidation, a break above this level will indicate that the long term downtrend from 1.5144 has...
Crude is trading within a narrow range since this morning while showing pivotal support which is awaited to be breached 75.75 as it maintains its stance in front of crude’s attempts at descending. The stochastic is still...
EURUSD The negative pressure has returned on the pair once again within yesterday’s broken descending channel, as it neared pivotal support 1.2240. Stochastic is still showing positive signs that will maintain chances of achieving morning expectations, if we...
USD/JPY Open 89.61 High 89.97 Low 89.23 Close 89.62On Thursday Dollar/Yen continued decreasing, in line with the Interbank sentiment at around -65%. The currency couple depreciated from 89.97 to 89.23 yesterday, closing the day at 89.62.
This week has thus far produced cautious moves within the currencies as the USD has basically stagnated against the majors as investors have proven a nervous bunch. Data from the United States continues to backpedal and show...
