The EUR/USD pair initially dipped on Monday, but found enough support at the 24-hour exponential moving average to turn around and explode to the upside. We have now broken out, as the 1.1750 level offered a significant...
The Australian dollar went sideways during the Monday session, as we continue to see a lot of noise around the 0.80 handle. This is a level that goes back decades on the chart, and it causes quite...
GBPUSD has been trending higher and moving inside an ascending channel on its daily time frame. Price is making its way to the top of the channel and could be due for a bounce off the 1.3300...
USDCAD moved sideways in a narrow range between 1.2413 and 1.2575. As long as the price is below the bearish trend line on its 4-hour chart, the sideways movement could be treated as consolidation of the downtrend...
USDJPY’s bearish movement from 112.19 extended to as low as 110.21. Further decline is still possible and next target would be at 109.00 area. Near term resistance is at 110.90, only break above this level could bring...
AUDUSD remains in uptrend from 0.7571, the fall from 0.8065 is likely consolidation of the uptrend. Range trading between 0.7875 and 0.8065 would likely be seen in a couple of days. As long as 0.7875 support holds,...
GBPUSD stays above a bullish trend line on the 4-hour chart and remains in uptrend from 1.2932, and the rise extended to as high as 1.3224. Further rise could be expected after a minor consolidation and next...
EURUSD’s bullish movement from 1.1312 extended to as high as 1.1845. Near term support is at the bottom trend line of the price channel on the 4-hour chart. As long as the price is in the channel,...
