The EUR/USD fell to an almost two-year low on Friday, as concerns regarding Spanish debt sent investors to safe-haven assets. The currency pair dropped to 1.2495 during mid-day trading before staging a slight recovery to close out...
The USD/JPY pair did absolutely nothing during the Friday session as the markets had low volume. The pair is currently sitting right at the 200 day exponential moving average, and as a result seems fairly balanced at...
The USD/CAD pair has been on a massive bull run as of late, and the Friday session will have done little to change that perception. The 1.03 level was breached during the session, and although the market...
GBP/USD has been beaten up pretty badly over the last several sessions, and the Friday markets did little to raise hopes for the bulls. Granted, the session was essentially unchanged, but with the recent fall, many would...
The EUR/USD pair continued to show weakness on Friday as the sellers have this pair firmly under control. The resulting shape of the candle is the second shooting star in an a row at these low levels,...
The AUD/USD pair had a volatile session on Friday only to end up unchanged at the end of the session. The 0.97 level looms large as support below, and this has kept the sellers at bay so...
USDCAD continues its upward movement from 0.9799, and the rise extends to as high as 1.0311. Further rise could be seen next week, and next target would be at 1.0400 area. Key support is at 1.0200, only...
USDCHF breaks above 0.9594 previous high resistance, suggesting that the uptrend from 0.7067 (Aug 9, 2011 low) has resumed. Further rise could be expected in a couple of weeks, and next target would be at 0.9800 area....
USDJPY stays below a downward trend line on daily chart, and remains in downtrend from 84.17. As long as the trend line resistance holds, downtrend could be expected to continue, and next target would be at 78.00...
AUDUSD’s downward movement from 1.0855 extends to as low as 0.9589. Further decline could be expected next week, and next target would be at 0.9500 area. Key resistance is at 1.0000, a break above this level will...
