EURAUD recently broke below its ascending channel on the 1-hour time frame and might be due for a pullback before heading further south. Applying the Fib tool on the latest swing high and low shows that the...
USD/JPY daily chart, March 17, 2017 The USD/JPY pair fell slightly during the day on Thursday as we continue to bounce around the 113 handle. I think if we can break down below here, the market will...
USD/CAD daily chart, March 17, 2017 The US dollar gains lightly against the Canadian dollar after falling precipitously on Wednesday. The 1.33 level offering support, and of course the fact that the oil markets looks so soft...
GBP/USD daily chart, March 17, 2017 The British pound rose against the US dollar as we aim for the 1.24 handle above. That’s an area that should start a significant amount of resistance though, so I’m waiting...
EUR/USD daily chart, March 17, 2017 The EUR/USD pair had a fairly silent and stable day on Thursday as we continue to hover just above the 1.07 level. With a, less than overly hawkish comments coming out...
AUD/USD daily chart, March 17, 2017 The Australian dollar fell a bit during the session on Thursday, after having significant gains on Wednesday. The 0.77 level looks to be rather resistive, and I think that the resistance...
USDCAD is now in downtrend from 1.3535, the rise from 1.3276 is likely consolidation of the downtrend. Further decline is still possible after the consolidation and next target would be at 1.3100 area. Resistance is at 1.3380,...
USDJPY’s short term downtrend from 115.50 extended to as low as 112.90. Deeper decline to test 111.59 support is still possible after a minor consolidation. Resistance is located at the top of the price channel on 4-hours...
Under pressure by 0.7740 resistance, AUDUSD pulled back from 0.7719. However, the pullback is likely consolidation of the uptrend from 0.7490. Support is at 0.7640, as long as the pair is above this level, the uptrend could...
GBPUSD’s rise from 1.2109 extended to as high as 1.2377. Further rise could be expected after a minor consolidation and next target would be at 1.2450 area. Support is at the ascending trend line on 4-hour chart....
