The AUD/USD pair fell during the session on Monday, as it looks like the market is finally going to succumb to the weight of the downtrend again. That being the case, we are selling on a break...
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USD The dollar bounced back to action against some of its counterparts on Friday, as traders booked profits off their short trades ahead of the weekend.
EUR/USD is still in a strong uptrend on its 1-hour time frame, as seen from the rising trend line that connects the price’s lows. It appears that another test of the trend line could take place within...
USDCAD is facing 1.0245 support, a breakdown below this level will indicate that the downtrend from 1.0608 has resumed, then next target would be at 1.0150 area. Resistance is at 1.0445, only break above this level could...
USDCHF is testing 0.9130 support, as long as this level holds, the range trading between 0.9130 and 0.9838 could be expected to continue, and another rise to 0.9650 area is still possible.
USDJPY stays in a trading range between 93.79 and 103.73. Key support is at 93.79, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend 75.57 (Oct...
AUDUSD remains in downtrend from 1.0582, the rise from 0.8847 is likely consolidation of the downtrend. Key resistance is at 0.9344, as long as this level holds, the downtrend could be expected to resume, and one more...
GBPUSD’s upward movement from 1.4813 extends to as high as 1.5574. Further rise to test 1.5751 resistance would likely be seen next week. Support is now located at the upward trend line on daily chart, as long...
EURUSD is facing 1.3415 resistance, as long as this level holds, the price action from 1.2747 could be treated as consolidation of the downtrend from 1.3711, one more fall towards 1.2500 could be expected after consolidation.
