USDCHF’s fall from 1.0066 extends to as low as 0.9558 level. As long as 0.9463 previous low support holds, uptrend is expected to resume and another rise towards 1.0350 area is still possible. Resistance is at 0.9800,...
USDJPY is in uptrend from 80.30, the price action from 84.40 is treated as consolidation of uptrend. Pullback to 82.00-83.00 area to complete the consolidation is expected next week. Resistance is at 85.00, a clear break above...
AUDUSD is forming a cycle top at 1.0027 level on daily chart. Key support is at 0.9750, a break below this level will confirm the cycle top, then another fall to test 0.9537 support could be seen....
GBPUSD breaks below 1.5284 support, suggesting that the downtrend from 1.6298 has resumed. Deeper decline to test 1.5296 key support is expected next week, a break below this level will confirm that the long term uptrend from...
EURUSD is forming a cycle top at 1.3497 level on daily chart. The fall from 1.3497 could possibly be resumption of downtrend from 1.4281. Deeper decline to test 1.2969 key support is expected next week, a breakdown...
On a 4-hour chart the GBP/JPY is rolling back after it breached the resistance level of 132.17. Nonetheless, the viewpoint on the currency pair is bullish, since the breakout of this level will target the currency pair...
Expectations for the EC meeting in Brussels. Asian and European trading sessions: Euro: The euro was under pressure due to the debt problems of some of the EC countries that weigh on the whole EC situation. During...
Market Review – 16/12/2010 21:55 GMT Euro recovers as European leaders discuss solving the region’s debt crisis Euro edged higher against the dollar on Thursday after EU leaders agreed to set up a permanent crisis management mechanism...
EUR/GBP: For the last three weeks, the pair is moving aside between 0.8528 and 0.8348. During the previous session, the resistance 0.8528 was broken up but …CAD/JPY: For about a month and a half, the pair is...
Current week emerged shift in a GBPUSD trend, since Monday pair dropped approximately 260 pips and yesterday was solely 50 pips above 16 weeks low.
