The US dollar fell slightly during the session on Wednesday initially, but started to stable out as the Federal Reserve came back into focus. Longer-term, the Federal Reserve looks likely to stay on the sidelines a bit...
The US dollar drifted a bit lower during the trading session on Wednesday against the Canadian dollar as the weekly trendline that had been broken recently has offered resistance. Overall, this could be a nice pullback that...
The British pound drift in a bit higher during the session on Wednesday, as the 1.3650 level has held as support. This is an area that is stabilized as resistance from a previous gap, that formed after...
The EUR/USD pair has gone sideways around the 1.20 level during the session on Wednesday as we continue to look bullish overall. There is a lot of noise in this area, and of course resistance due to...
The Australian dollar exploded to the upside on Wednesday, using the 0.80 level as a springboard. Now that we’ve clear that level and more importantly, are testing recent highs, it’s likely that we will continue to see...
GBPNZD has been trending higher and is moving above an ascending trend line connecting the latest lows of price action since August 22. Price has surged past the area of interest around 1.8200 and has found resistance...
USDCAD extended its upside movement from 1.2061 to as high as 1.2390. Further rise would likely be seen in a couple of days and next target would be at the bearish trend line on the daily chart...
USDJPY’s bullish movement from 107.31 extended to as high as 112.64. As long as the price is above the rising trend line on the 4-hour chart, the bullish move could be expected to continue, and next target...
No changed in our view, AUDUSD is now in a downtrend from 0.8124, the bounce from 0.7939 could be treated as correction of the downtrend. Further decline would likely be seen after the correction, and next target...
GBPUSD dropped sharply to as low as 1.3451 after hitting a new high at 1.3652, indicating that lengthier consolidation for the uptrend from 1.2774 is needed. Deeper decline towards the bullish trend line on the 4-hour chart...
