The GBP/USD pair fell significantly during the day on Monday, as we go looking for the 1.29 level below. That’s an area that could cause a bit of support, and the strength of the British pound of...
The EUR/USD pair rolled over during the day on Monday, breaking towards the 1.1350 level as I record this. The market looks as if it is starting to show bearish pressure in a bit of significance, and...
The Australian dollar broke down during the day on Monday, reaching towards the 0.7650 level. Now that we have not found support underneath, the market looks likely to start picking up to the upside again, perhaps reaching...
EURUSD recently surged past the resistance at the 1.1250-1.1300 psychological levels then climbed close to the 1.1450 minor psychological resistance. Price retreated from here, indicating that a correction from the rally is happening. Applying the Fib tool...
USDCAD stays in the bearish price channel on its 4-hour chart and remains in downtrend from 1.3347. As long as the pair is in the channel, the bounce from 1.2946 could be treated as consolidation of the...
USDJPY continued its upside movement from 108.81 and the rise extended to as high as 113.47. Near term support is at the rising trend line on its 4-hour chart. As long as the pair is above the...
AUDUSD’s fall from 0.7712 extended to as low as 0.7644. However, the fall is likely consolidation of the uptrend from 0.7535, as long as the pair is above the rising trend line on its 4-hour chart, the...
GBPUSD’s pullback from 1.3029 extended to as low as 1.2929. As long as 1.2900 support holds, the fall could be treated as consolidation of the uptrend from 1.2589 and further rise towards 1.3200 is still possible after...
Under pressure by the 1.1450 resistance, EURUSD pulled back to 1.1355, suggesting that consolidation for the uptrend from 1.1118 is underway. Range trading between 1.1350 and 1.1445 would likely be seen in a couple days. As long...
Bitcoin is still considered as the currency of the Dark Web, despite the fact that it was the world’s best performing currency in 2015 & 2016 and currently 1 Bitcoin (BTCUSD) is worth 2 Ounces Of Gold which is significantly...
