GBPJPY showed increased downside momentum recently, as price broke below a major support zone and dipped close to the 181.00 mark. The pair seems to be in the middle of a retracement right now, as price pulled...
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USDCAD is testing 1.2663 resistance, a break of this level will indicate that the uptrend from 1.1191 (Nov 21, 2014 low) has resumed, then the following upward movement could bring price to 1.3000 area. However, as long...
USDJPY is facing 121.84 (Dec 8, 2014 high) resistance, a break of this level will indicate that the uptrend from 101.06 (Jul 10, 2014 low) has resumed, then next target would be at 125.00 area. Support is...
AUDUSD continued its downward movement from 0.7912, and the fall extended to as low as 0.7656. Further decline to test 0.7625 support could be expected, a breakdown below this level will indicate that the longer term downtrend...
GBPUSD is in downtrend from 1.5551, the rise from 1.5032 is likely consolidation of the downtrend. Further decline to test 1.4950 support is possible after consolidation. Resistance is at 1.5170, only break above this level could signal...
EURUSD remains in downtrend from 1.1450. Further decline is possible after a minor consolidation, and next target would be at 1.0500 area. Resistance is at 1.1000, only break above this level could signal completion of the downtrend.
USDJPY broke above the ascending triangle resistance on its 1-hour chart and confirmed the bullish momentum for the pair. This occurred after the stronger than expected US NFP report was released, increasing speculations for a Fed rate...
USDCAD is facing 1.2663 resistance, a break of this level will signal resumption of the long term uptrend from 1.1191 (Nov 21, 2014 low), then the following upward movement could bring price to 1.3000 area. On the...
USDJPY’s upward movement from 118.23 extended to as high as 121.28. Further rise to test 121.84 (Dec 8, 2014 high) resistance is possible. Support is located at the upward trend line on 4-hour chart, only a clear...
