EUR/NZD has been in a massive selling spree over the past couple of trading days, pushing the pair all the way down by at least 150 pips. Using the Fibonacci retracement tool on the 1-hour time frame...
USDCAD broke below 1.1000 support, indicating that the uptrend from 1.0857 had completed at 1.1053 already. The pair is now in downtrend from 1.1053, further decline could be expected over the next several days, and next target...
USDCHF remains in uptrend from 0.8743, the fall from 0.8861 could be treated as correction of the uptrend. Another rise to 0.8900 area to complete the upward movement is still possible. Key support is at 0.8743, only...
USDJPY broke above 102.72 resistance, indicating that the uptrend from 101.32 has resumed. Further rise could be expected, and next target would be at 103.50 area. Support is at 101.96, only break below this level could signal...
AUDUSD remains in downtrend from 0.9461. As long as 0.9316 resistance holds, the downtrend could be expected to continue, and next target would be at 0.9180 area. On the upside, a break above 0.9316 will indicate that...
GBPUSD stays in a trading range between 1.6762 and 1.6857. As long as 1.6762 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.6465, one more rise to 1.7000...
EURUSD remains in downtrend from 1.3905, the rise from 1.3785 could be treated as consolidation of the downtrend. Resistance is now at 1.3879, as long as this level holds, the downtrend could be expected to resume, and...
The USD/JPY pair initially tried to rally during the session on Tuesday, but as you can see we found a quite a bit of resistance above, sending the market back down and forming a shooting star. While...
The USD/CAD pair fell hard during the session on Tuesday, slicing through the 1.10 handle. However, there is still plenty of support all the way to the 1.09 handle, so although the candle looks very bearish, we...
The GBP/USD pair tried to rally during the session on Tuesday, but as you can see giveback some of the gains. We’re still well within the consolidation area, so we really don’t see much in the way...
