The EUR/USD pair broke down below the 1.05 level during the day on Wednesday, as it suggests that we are going to continue to go lower. Because of this, the market should then reach down to the...
The AUD/USD pair broke higher on Wednesday, breaking above the top of the Tuesday session showing significant strength again. There is a lot of noise above, extending all the way to the 0.75 level, and we are...
EURJPY had been trading between support at the 121.70 area and resistance at 123.75. Price seems to be breaking below support at the moment and could be gearing up for a longer-term selloff. Note that the range...
USDCAD’s downward movement from 1.3598 extended to as low as 1.3118. Further decline to test 1.3080 support is still possible. Key resistance is now at 1.3293, only break above this level could signal completion of the downtrend.
USDJPY broke below 114.73 support, indicating that the uptrend from 101.18 (Nov 9, 2016 low) had completed at 118.66 already. Further decline could be expected over the next several days, and next target would be at 112.50...
AUDUSD continued its upward movement from 0.7159 and the rise extended to as high as 0.7471. Support is now located at the upward trend line on 4-hour chart. As long as the trend line support holds, the...
GBPUSD stays in the downward price channel on 4-hour chart, and remains in downtrend from 1.2774 (Dec 6, 2016 high). Near term resistance is at the top of the channel. As long as the channel resistance holds,...
Buy GBP/CAD @ 1.60304 By Signal Factory | SL:1.59904 | TP:1.61104 | 2017.01.12 01:33 GMT Provided by signalfactory.com
Sell AUD/JPY @ 85.596 By Signal Factory | SL:85.996 | TP:84.796 | 2017.01.12 00:09 GMT Provided by signalfactory.com
Buy NZD/JPY @ 81.253 By Signal Factory | SL:80.853 | TP:82.053 | 2017.01.12 00:09 GMT Provided by signalfactory.com
