AUDUSD’s upwards movement from 0.9390 extended to as high as 1.0376. Further rise is still possible next week, and next target would be at 1.0700. Support is at 1.0100, only break below this level could indicate that...
GBPUSD is now in uptrend from 1.5272, and the rise extended to as high as 1.5973. Further rise is expected next week, and next target would be at 1.6300-1.6400 area. Support is at 1.5800 followed by 1.5630,...
EURUSD is in uptrend from 1.3146, the price action from 1.3914 is treated as consolidation of uptrend. Further rise could be seen after consolidation, and next target would be at 1.4200-1.4300 area. Support levels are at 1.3500...
The Great Britain pound (GBP) is expected to be seen trading with mildly bullish results this week after reports on the country’s retail sales and inflation revealed a solid uptick this past month.
The AUD/USD pair had a wide range during the Thursday session as the global markets continue to go back and forth on headline news and general fears of European debt issues. The candle is another doji, suggesting...
EUR/USD had a wild day on Thursday as one would expect, given the nature of the financial crisis in European. The markets aren’t really sure what to do at the moment, and with the EU meeting over...
The GBP/USD pair fell on Thursday for the early hours of the session, only to bounce back upwards form the 1.57 level yet again. This shows just how resilient this area is as support, and that it...
The USD/CAD pair had a back and forth session on Thursday as traders first sold off risk, only to buy it back in the later hours of the session. This has been a bit of a trend...
The USD/CHF pair had a bearish day on Thursday as traders sold off the Dollar in favor of the Franc. The pair is currently difficult to sell, as the Swiss National Bank is working against the rise...
The USD/JPY pair continues to hover around the 77 handle during the Thursday session, and looks very likely to on Friday as well. The range it has been stuck in between 76 and 77.50 looks likely to...
