GBPUSD’s upward movement from 1.5236 extended to as high as 1.5882. Further rise is still possible next week, and next target would be at 1.6000 area. Key support is at 1.5640, only break below this level could...
EURUSD remains in uptrend from 1.2624. Support is at 1.2930, followed by 1.2855, as long as these levels hold, uptrend could be expected to continue, and one more rise to 1.3500-1.3600 area is still possible after consolidation.
The negotiations regarding the Greek debt with investors are passing very hard.
Today’s US Non-Farm Payrolls figure, widely considered the most significant economic indicator on the forex calendar, is set to generate heavy trading today. At the moment, analysts are predicting that the US added somewhere around 150K jobs...
USD/JPY fell again on Thursday as traders prepare for the Non-Farm Payroll number today. The market almost always will react in violent moves to this announcement, and this pair is no different.
USD/CAD had a tight range for the Thursday session as traders await the employment numbers out of both countries today. The two economies are interconnected in major ways, and as a result the pair can be tricky...
USD/CHF rose during the session on Thursday, but was fairly weak in its momentum. It gave up about half of the gains by the close, and the pair looks like it isn’t quite ready to move forward...
AUD/USD rose initially during the Thursday session, but fell in the later hours to form a shooting star. The shooting star is at the previous highs, so while it isn’t a large one – it does carry...
EUR/USD fell during the Thursday session in a tight range. The candle is a hammer, and it looks like the market wants to rise as a result of the Non-Farm Payroll numbers later today.
GBP/USD pulled back to the 1.58 level on Thursday, showing that the area is indeed important. The breaking above this level showed significant strength, and as a reminder, it offered support at the end of the session...
