AUDUSD remains in uptrend from 0.7473, the price action from 0.7595 is likely consolidation of the uptrend. Further rise is still possible after the consolidation and next target would be at 0.7700 area. Support is at 0.7535,...
GBPUSD’s rise from 1.2365 extended to as high as 1.2596. Support is now at 1.2500, as long as this level holds, the upward movement could be expected to continue, and next target would be at 1.2650. On...
EURUSD continues its sideways movement in a trading range between 1.0569 and 1.0689. The key resistance is at 1.0689, as long as the pair is below this level, the sideways movement could be treated as consolidation of...
On April 11/2017 bears pushed EURAUD lower and it seems lower prices are yet to come in the following trading sessions. At the current moment, bias remains bearish and traders should look for any possible selling opportunities....
USDCAD is now in uptrend from 1.3223, the fall from 1.3338 is likely correction of the uptrend. Another rise could be expected after the correction and next target would be at 1.3400 area. Support levels are at...
USDJPY’s downward movement from 111.57 extended to as low as 108.23. Near term resistance is at 108.90, as long as this level holds, the downtrend could be expected to continue and next target would be at 107.00...
AUDUSD remains in uptrend from 0.7473. Further rise could be expected after a minor consolidation and next target would be at 0.7700 area. Support is at 0.7500, only break below this level could bring price back to...
GBPUSD formed a sideways consolidation in a range between 1.2365 and 1.2573. Resistance is at 1.2573, a break above this level will signal resumption of the uptrend from 1.2109, then next target would be at 1.2650 area....
EURUSD moved sideways in a trading range between 1.0569 and 1.0689. As long as 1.0689 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.0905, and further decline to...
The USD/JPY pair fell during the day on Friday to continue the move towards the 108 handle. Short-term rally should continue to be selling opportunities as we have broken below the 50% Fibonacci retracement level, and now...
