The British pound fell slightly during the day on Wednesday after exploding to the upside on Tuesday. The 1.2750 level was a massive resistance barrier, and now that it’s broken, I’m looking for some type of supportive...
The EUR/USD pair pulled back just a bit during the trading session on Wednesday, but still looks bullish and overall the market has been grinding higher sense late December. Nonetheless, I think that it will be volatile...
The AUD/USD pair fell significantly during the day, testing the 0.75 level. There is a significant amount of support just below though, so if we do breakdown it’s going to be a difficult market to sell....
USDCAD moved above 1.3455 resistance and reached as high as 1.3490. Further rise could be expected after consolidation and next target would be at 1.3550 area. Support levels are at 1.3420 and 1.3380, as long as these...
USDJPY stays in the descending price channel on 4-hour chart and remains in downtrend from 112.19, the price action from 108.13 could be treated as consolidation of the downtrend. As long as the pair is in the...
AUDUSD is facing 0.7473 support, a breakdown below this level will confirm that the downtrend from 0.7749 has resumed, then the following downward movement could bring price to 0.7300 area. Near term resistance is at 0.7535, only...
GBPUSD remains in uptrend from 1.2365, the fall from 1.2904 is likely consolidation of the uptrend. Further rise is still possible after the consolidation and next target would be at 1.3000 area. Support levels are at 1.2755...
EURUSD remains in uptrend from 1.0569, the fall from 1.0737 is likely consolidation of the uptrend. Further rise could be expected over the next several days and next target would be at 1.0800 area. Near term support...
Exchange rates and how they affect us Foreign exchange rates affect individuals, families and business all around the world. The currency market is the biggest industry in the world with the most transactions daily. Whether you are...
NZDUSD found temporary support and has bounced higher on April 12/2017. At this moment, bias remains bullish and we expect the pair to continue higher in the coming trading sessions. Bulls will be waiting on any pullbacks...
