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There are dozens of national currencies being traded full time on the foreign exchange, and nobody can potentially monitor them all at the same time. That’s why many traders depend on currency exchange signals to keep them...
Being contained by 1.0678 resistance, USDCAD dropped sharply from 1.0676 level, suggesting that a cycle top has been formed on daily chart. Another fall towards 0.9930 previous low would more likely be seen in a couple of...
USDCHF remains in downtrend from 1.1730 and the fall extends further to as low as 1.0480 level. Key resistance is at 1.0695, as long as this level holds, downtrend will continue, however, a break above this level...
USDJPY is forming a cycle bottom at 86.96 level on daily chart. Bounce to 90.00 area would more likely be seen next week. Support is at 86.96, only fall below this level could indicate that the downtrend...
AUDUSD has formed a cycle bottom at 0.8315 level on daily chart. Now the rise from 0.8315 could possibly be resumption of uptrend from 0.8066. Further rally is still possible next week and target would be at...
GBPUSD is moving towards the upper boundary of a falling price channel on daily chart. As long as the channel resistance holds, the bounce from 1.4230 is treated as consolidation of downtrend from 1.7042 and another fall...
EURUSD broke above 1.2671 key resistance, suggesting that the long term downtrend from 1.5144 has completed at 1.1876 already. Now the pair is in uptrend from 1.1876. Further rally is still possible next week and next target...
EURUSDThe pair is currently trading at the support for the rising wedge shown in our morning report, where it is presently at 1.2660; while Stochastic is gradually unloading the negative momentum. Accordingly we expect the start of...
Crude is trading in a narrow range since this morning while stabilizing below the previously breached support level that has turned into resistance which presently ascended to 76.20. Momentum indicators are showing negative signs that support our...