The EUR/USD pair rallied a bit during the trading session on Thursday, but it looks as if it is rolling over, making a “lower highs.” That of course is a scenario in which sellers will continue to...
The Australian dollar rallied during the Thursday trading session, reaching towards the 0.80 level. That’s an area that is massive resistance, going back to the 1980s. We have broken above there recently though, but then broke back...
USDCAD is in consolidation of the downtrend from 1.2920. Range trading between 1.2355 and 1.2590 could be expected to continue over the next several days. Near term support is at 1.2355, a breakdown below this level will...
USDJPY remains in downside trend from 113.75, the bounce from 110.19 is likely consolidation of the downtrend. Another fall could be expected after the consolidation and a breakdown below 110.19 could take price to next support level...
GBPAUD has been trending inside a long-term ascending channel visible on its daily time frame and is testing support at the mid-channel area of interest. This lines up with the 50% Fibonacci retracement level which already seems...
AUDUSD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 0.7501. As long as the price is above the trend line, the upside movement could be expected to continue and...
GBPUSD remains in the uptrend from 1.3458. As long as 1.3741 support holds, the upside movement could be expected to continue and next target would be at 1.4200 area. On the downside, a breakdown below 1.3741 support...
EURUSD remains in the uptrend from 1.1717, the fall from 1.2323 is likely consolidation of the uptrend. Range trading between 1.2070 and 1.2323 is possible over the next several days. The uptrend could be expected to resume...
GBPAUD recently fell through the rising trend line on its 4-hour time frame, indicating that a reversal is in order. Price is showing a pullback now, and applying the Fib tool shows that the 61.8% retracement level...
“Wild” doesn’t begin to describe Bitcoin’s price action. Less than 12 months ago, it traded as low as $1,200. By early December, it hit a high of $19,891 – and on the CBOE, Bitcoin futures topped $20,000....
