EURUSD remains in uptrend from 1.1123, the fall from 1.1326 is likely consolidation of the uptrend. Another rise could be expected after consolidation, and next target would be at 1.1400 area. Support is at 1.1225, only break...
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Being contained by 1.3480 (Jul 15 high) resistance, GBPUSD pulled back from 1.3445. However, the fall would possibly be consolidation of the uptrend from 1.2865, another rise to test 1.3480 resistance is still possible after consolidation. Support...
EURUSD’s upward movement from 1.1123 extended to as high as 1.1299. Further rise could be expected in a couple of days and next target would be at 1.1350 area. Support is at 1.1225, only break below this...
The USD/JPY pair initially fell during the course of the session on Wednesday, but bounced off of the 101.50 level to form a bit of a hammer. The hammer of course is a bullish sign, and a...
The USD/CAD pair bounced during the course of the day on Wednesday, showing little bits of life, but at this point in time this is most certainly a very negative market overall, as the 1.30 level above...
The GBP/USD pair fell significantly during the course of the day on Wednesday, as we found quite a bit of resistance in the area of 1.34 above. This of course is an area that has caused quite...
The EUR/USD pair initially tried to rally during the course of the session on Wednesday, but then turn right back around to form a shooting star. The shooting star of course is a negative sign and could...
The Australian dollar had a very neutral candle as we continue to hover around the 0.7650 level. Having said that, I think that pullbacks will eventually bring back buyers, on signs of support. A break above the...
EURAUD failed to break past its double bottom neckline the other week but it still seems to be forming another reversal pattern on the 4-hour time frame. Price is still in the middle of completing its right...
