The Australian dollar fell initially during the day on Wednesday, reaching towards the 0.7550 level underneath, finding a significant amount of support. We bounced from there, but then found a significant amount of resistance at the 0.7575...
EURCAD recently sold off but seems to be finding support at an area of interest visible on its daily time frame. Applying the Fib tool on the latest swing high and low also shows that the 38.2%...
USDCAD broke above 1.3308 resistance, indicating that lengthier consolidation for the downtrend from 1.3793 is underway. Range trading between 1.3164 and 1.3400 would likely be seen over the next several days. However, as long as 1.3400 resistance...
USDJPY remains in uptrend from 108.81, the pullback from 111.78 is likely consolidation of the uptrend. Key support is at 110.64, as long as this level holds, the uptrend could be expected continue and next target would...
AUDUSD is facing the key support at 0.7519. A breakdown below this level will confirm that the uptrend from 0.7371 had completed at 0.7635 already, then the pair will find support at around 0.7450 zone. Near term...
GBPUSD stays below a downward trend line on its 4-hour chart, indicating that the pair remains in the downtrend from 1.3047. As long as the pair is below the trend line, the downtrend could be expected to...
EURUSD is testing 1.1109 support, a breakdown below this level could signal completion of the uptrend from 1.0569 (Apr 10 low), then the following bearish movement could bring price back into 1.0800 zone. However, as long as...
Back in November 2016, we mentioned that Gold should find buyers in 1540 – 1487 area and bounce ideally to resume the rally for new highs or in 3 waves at least. 3 weeks later, XAUAUD reached the mentioned...
NZDUSD is showing 2 bullish patterns on the daily chart so we are expecting for the pair to continue higher. A move lower will now give bulls a chance to push the pair higher. Below we will show...
We track a lot of Indices around the World. One of the Indices we track is DJUSRE (Dow Jones US Real Estate Index) which provides a guideline for housing properties in the U.S. Buying real estate is...
