USDCAD continues its upward movement from 1.0137, and the rise extends to as high as 1.0608. Further rise could be expected after a minor consolidation, and next target would be at 1.0800 area. Support is at 1.0460,...
USDCHF’s rise from 0.9130 extends to as high as 0.9660. Further rise to test 0.9838 resistance could be expected next week, a break above this level will indicate that the uptrend from 0.9021 has resumed, then the...
USDJPY’s upward movement from 93.79 extends to as high as 101.22. Further rise to test 103.73 previous high resistance would likely be seen next week, a break above this level could signal resumption of the long term...
AUDUSD remains in downtrend from 1.0582, and the fall extends to as low as 0.9037. Resistance is located at the downwards trend line on daily chart, as long as the trend line resistance holds, the downtrend could...
GBPUSD breaks below 1.5008 support, suggest that the downtrend from 1.6339 has resumed. Further decline could be expected over the next several weeks, and the target would be at 1.4000 area.
EURUSD is facing 1.2796 support, a breakdown below this level will confirm that the downtrend from 1.3711 has resumed, then the following downward movement could bring price to 1.2000 area.
The USD/JPY pair initially fell during the session on Friday, but you can see that the 100 level offered enough support in order to push the market higher. We eventually closed above the 101 handle, based mainly...
The USD/CAD pair rallied during the session on Friday, as the nonfarm payroll numbers in the United States came out much stronger than anticipated.
The GBP/USD pair fell hard during the session on Friday, collapsing as the nonfarm payroll numbers came out much stronger than anticipated.
The EUR/USD pair fell during the session on Friday, as one would expect since the nonfarm payroll number was much better than anticipated. The Americans added 195,000 jobs in the month of June, and as a result...
