The Australian dollar initially fell on Tuesday but found buyers below to start pushing higher again. We are currently testing the 0.74 handle, and now looks as if the upward momentum could continue. However, I see a...
GBPJPY recently broke below a head and shoulders reversal formation, signaling that a long-term downtrend is in the cards. Price seems to be pulling up from its slide, though, and applying the Fib tool on the latest...
Close(TP) Sell GBP/AUD @ 1.64742 By Signal Factory | Profit: +79 pips | 2017.01.11 04:42 GMT Provided by signalfactory.com
Close(SL) Buy EUR/NZD @ 1.51003 By Signal Factory | Loss: -40 pips | 2017.01.11 02:41 GMT Provided by signalfactory.com
USDCAD moved sideways in a narrow range between 1.3178 and 1.3277. As long as 1.3340 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.3598, and further decline to 1.3100 area is...
USDJPY is testing 114.73 support, as long as this level holds, the fall from 118.66 could be treated as consolidation of the uptrend from 101.18 (Nov 9, 2016 low), and another rise towards 120.00 could be expected...
AUDUSD’s upward movement extended to as high as 0.7384. Support is at 0.7287, as long as this level holds, the uptrend could be expected to continue, and further rise to 0.7450 area is still possible. Only break...
GBPUSD’s downward movement from 1.2774 extended to as low as 1.2107. Further decline is still possible and next target would be at 1.2000 area. Resistance levels are at 1.2300 and 1.2432, only break above these levels could...
EURUSD moved sideways below 1.0653 resistance. A break of this level will confirm that the pair is in uptrend from 1.0340, then the following upward movement could bring price to 1.0800 area. Near term support is at...
Buy EUR/NZD @ 1.51403 By Signal Factory | SL:1.51003 | TP:1.52203 | 2017.01.11 00:42 GMT Provided by signalfactory.com
