The US dollar was very volatile against the Japanese yen. The 112 level looks very likely to offer support, so as long as we can stay above there, the market should then go to the 112.50 level....
The US dollar collapsed against the Canadian dollar during the day on Wednesday, as oil markets rallied. Having said that, it was a bit of a mixed signal when it comes to oil and I think part...
The British pound went sideways during the session on Wednesday, but then exploded to the upside as Mark Carney suggested that the Bank of England would have to raise rates if the global economy starts to heat...
The EUR/USD pair initially tried to rally during the session on Wednesday, but then fell significantly towards the 1.13 level below. We bounced significantly from there, as this volatility was caused by a random tweet coming across...
The AUD/USD pair initially tried to rally on Wednesday, but found enough resistance near the 0.7625 handle to turn around and drop towards the 0.7580 level. We bounce from there again though, and then reached towards the...
EURGBP continues to trend higher after breaking past a major range resistance visible on its longer-term charts. On the 1-hour time frame, it can be seen that the pair is moving inside an ascending channel formation and...
USDCAD’s bearish movement from 1.3347 extended to as low as 1.3012. Near term resistance is at 1.3080, as long as the pair is below this level, the bearish movement could be expected to continue and further decline...
USDJPY remains in uptrend from 108.81. Further rise could be expected in a couple of days and next target would be at 113.50 area. Near term support is at 111.80, only a breakdown below this level will...
AUDUSD broke above 0.7635 resistance, indicating that the uptrend from 0.7371 has resumed. Further rise could be expected after a minor consolidation and next target would be at 0.7700. Near term support is at 0.7575, as long...
GBPUSD rose strongly to as high as 1.2972. Near term support is now at 1.2870, as long as this level holds, the uptrend could be expected to continue and further rise to test 1.3047 resistance is possible...
