AUDUSD broke above 0.7875 key resistance, indicating that the downtrend from 0.8124 had completed at 0.7732 already. Further rally would likely be seen in the coming days and next target would be at 0.7986. Support is located...
GBPUSD broke above 1.3291 resistance, confirming that the downtrend from 1.3657 had completed at 1.3027 already. Further rally is still possible and next target would be at 1.3455. Support is located at the rising trend line on...
EURUSD remains in short term uptrend from 1.1669, the fall from 1.1879 is likely consolidation of the uptrend. Near term support is at 1.1780, as long as the price is above this level, the uptrend could be...
USDCAD is forming a sideways movement in a trading range between 1.2061 and 1.2778. As long as 1.2778 key resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.3793 and another fall...
USDJPY pulled back from 113.43 after approaching a major resistance trend line on the daily chart and is now facing a key support at 111.47. As long as this price is above this support level, the pullback...
AUDUSD failed in its attempt to break below the resistance-turned-support trend line on the weekly chart now at around 0.7700 and rebounded strongly from 0.7732, indicating that correction of the downtrend from 0.8124 is underway. Further rally...
GBPUSD failed in its attempt to break below the bullish trend line on the daily chart and rebounded from 1.3027, indicating that the pair remains in the uptrend from 1.1987. Further rise towards the bearish trend line...
EURUSD failed to break below 1.1662 key support and stayed in a trading range between 1.1662 and 1.2092. The range trading could be expected to continue in a couple of weeks. As long as the price is...
The US dollar drifted lower during the course of the session on Friday, reaching down to the 112 level, but then bounced above there only to turn around to show signs of massive resistance. The extraordinarily long...
The US dollar went sideways against the Canadian dollar initially during the session on Friday, reaching towards the 1.25 handle. This is an area that will continue to attract a lot of attention, as it is a...
