AUD/USD fell during the session on Friday in order to break through an uptrend line. The pair looks extremely vulnerable at this point in time, and in fact of the weekly chart even showed a shooting star....
The USD/CAD pair fell during the session on Friday, but the overall action looks supportive all of the sudden. The 0.99 level looks very supportive at this point, and the weekly chart looks as if it is...
The US Dollar after correcting from 84.20 ranges since couple of weeks is currently trading flat after finding support at the interim support of 81.20 ranges. Further weakening of the Greenback is expected only on daily close...
Toward the end of Summer, the Federal Reserve District of Kansas City hosts a central bankers meeting at beautiful Jackson Hole Wyoming. It was at this venue that Fed Chairman Bernanke announced in 2010 that he was...
Being contained by 0.9799 support, USDCAD rebounds from 0.9842, suggesting that a cycle bottom is being formed on daily chart. Further rise would likely be seen next week, and the target would be at the downward trend...
USDCHF breaks below the lower line of the price channel on daily chart, suggesting that lengthier consolidation of the uptrend from 0.8931 is underway. Deeper decline to test 0.9421 support could be expected next week, as long...
USDJPY has formed a cycle top at 79.65 on daily chart. Deeper decline to test 77.66 support would likely be seen next week, a breakdown below this level will indicate that the downtrend from 84.17 has resumed,...
AUDUSD breaks below the lower line of the price channel on daily chart, suggesting that lengthier consolidation of the uptrend from 0.9581 is underway, deeper decline would likely be seen next week, and next target would be...
GBPUSD breaks above 1.5776 resistance and reaches as high as 1.5911, suggesting that the uptrend from 1.5268 has resumed. Further rise is still possible next week, and next target would be at the upper line of the...
EURUSD’s rise from 1.2042 extends to as high as 1.2589. Further rise to test 1.2747 key resistance is still possible next week, as long as this level holds, the rise is treated as consolidation of the downtrend...
