AUDUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 0.7729. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...
GBPUSD is testing 1.3229 resistance, a breakout of this level could take price to the key resistance at 1.3337. As long as this level holds, the sideways movement in the trading range between 1.3027 and 1.3337 could...
EURUSD remains in the short term uptrend from 1.1554, the fall from 1.1860 is likely consolidation of the uptrend. Near term support is at 1.1740, as long as the price is above this level, the uptrend could...
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After falling last night to a two-day low at 1.1768, EUR/USD has gained momentum in Thursday’s European pre-opening, rising to the 1.1800 zone, where it has met resistance and has been rejected back towards 1.1770/75. EUR pending...
The US dollar fell rather significantly against the Japanese yen during the trading session on Wednesday, reaching down to the previous downtrend line of the downtrend in channel, an area that I had suspected would be support....
The US dollar initially pulled back during the trading session on Wednesday, reaching towards the 1.27 level, but bouncing from there to show signs of resiliency. We have since broken to the 1.28 level above, which will...
The British pound was very volatile in general during the day on Wednesday, bouncing around the 131.70 level. The market has filled the gap from several sessions ago, and I think now we have a lot of...
The EUR/USD pair rallied a bit during the day on Wednesday, reaching towards the 1.1850 level above. However, we rolled over from there and it looks as if were going to form some type a shooting star...
The Australian dollar fell significantly during the trading session on Wednesday, breaking down to the 0.7575 handle. We bounced from there, but found enough resistance at the previous support level to turn things around and fall significantly....
