EUR/USD is currently finding support at the bottom of the rising channel on the daily time frame while stochastic is indicating deeply oversold conditions. If the support area holds this week, EUR/USD might make its way to...
EUR/USD is currently finding support at the bottom of the rising channel on the daily time frame while stochastic is indicating deeply oversold conditions. If the support area holds this week, EUR/USD might make its way to...
Being contained by 1.0813 support, USDCAD rebounded from 1.0822. However, the bounce is likely consolidation of the downtrend from 1.0941, another fall to test 1.0813 support would likely be seen after consolidation, a breakdown below this level...
After touching 0.8937 support, USDCHF rebounded from 0.8932, indicating that the pair remains in uptrend from 0.8702, and the fall from 0.8989 could be treated as consolidation of the uptrend. Another rise could be expected after consolidation,...
USDJPY is facing 102.13 resistance, a break above this level will signal resumption of the uptrend from 100.83, then next target would be at 103.00 area. However, as long as 102.13 resistance holds, range trading between 101.25...
AUDUSD’s bounce from 0.9208 extended to as high as 0.9329, the subsequent fall indicate that the bounce had completed, another fall to test 0.9202 support would likely be seen, a breakdown below this level will signal resumption...
GBPUSD remains in downtrend from 1.6920, the rise from 1.6692 could be treated as consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.6600 area. Resistance is at 1.6800,...
EURUSD remains in downtrend from 1.3993, the rise from 1.3586 is likely consolidation of the downtrend. Resistance is at 1.3668, as long as this level holds, the downtrend could be expected to continue, and next target would...
