The EUR/USD pair fell hard during the session on Wednesday after the Federal Reserve announced that it expect a short-term interest rates to be at roughly 1% by the end of next year. This suggests that interest...
EUR/USD is moving in an uptrend, as seen on its 1-hour time frame. It is making a test of the rising trend line connecting the lows of the price while stochastic is in the oversold zone. A...
The AUD/USD pair fell hard during the session on Wednesday, but found enough support at the 0.90 level to keep the market somewhat afloat. That being the case, it appears that the market will more than likely...
USDCAD broke above 1.1224 (Jan 31 high) resistance and reached as high as 1.1271. Further rise could be expected, and next target would be at 1.1400 area. Support is at 1.1185, as long as this level holds,...
USDCHF broke above the downward trend line on 4-hour chart, suggesting that the downtrend from 0.9081 had completed at 0.8699 already. Further rally would likely be seen, and the target would be at 0.8900 area. Support levels...
USDJPY failed to break below 101.20 support and rebounded to as high as 102.68. However, the rise is likely correction of the downtrend from 103.76, another fall to re-test 101.20 support is still possible, a breakdown below...
AUDUSD failed to break above the upper line of the price channel on 4-hour chart, and pulled back to 0.9001. Deeper decline would likely be seen, and the target would be at the lower line of the...
GBPUSD’s downward movement form 1.6785 extended to as low as 1.6508. Resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to continue,...
EURUSD is facing the support of the upward trend line on 4-hour chart, a clear break below the trend line support will signal completion of the uptrend from 1.3477, then the following downward movement could bring price...
USDCAD is facing 1.1153 resistance, a break above this level will indicate that the sideways consolidation started from 1.1224 (Jan 31 high) is complete, then the following upward movement could bring price to 1.1500 area. Support is...
