The US dollar has rallied during the trading session on Tuesday, reaching towards the 107 handle. Ultimately, the market has a lot of resistance between here and the 107.50 level above. If we can break above there,...
The US dollar has rallied significantly during the trading session on Tuesday, reaching towards the significant 1.2750 level above. That’s an area that is important, as it has offered resistance in the past. If we can continue...
The British pound fell significantly during the trading session on Tuesday, reaching down towards the 1.39 level. The 1.39 level has been supportive in the past, so a bounce from here would be expected. I also believe...
The EUR/USD pair has fallen during the trading session on Tuesday, reaching down towards the 1.2250 level underneath, which has offered support a couple of times already, so it makes sense that we will continue to see...
The Australian dollar has drifted a little bit lower during the trading session on Tuesday, reaching down towards the 0.7825 handle. I think that bouncing from that level shows that there are plenty of buyers underneath, especially...
GBPUSD has formed lower highs and higher lows, creating a symmetrical triangle pattern on its 1-hour time frame. Price is currently testing support and might be due for a bounce soon. Stochastic is on the move up...
USDCAD broke above 1.2757 resistance, suggesting that the upside movement from 1.2450 has resumed. Further rise could be expected and next target would be at 1.2850 area. Key support is now at 1.2614, only a breakdown below...
USDJPY broke above the top trend line of the price channel on the 4-hour chart, indicating that lengthier consolidation for the downtrend from 113.75 (Dec 12, 2017 low) is needed. Range trading between 105.54 and 107.90 would...
AUDUSD broke below 0.7790 support, indicating that the downtrend from 0.7988 has resumed. Further decline would likely be seen in the coming days and next target would be at 0.7700 area. Near term resistance is at 0.7830,...
GBPUSD is facing 1.3856 support. A breakdown below this level would indicate that the downtrend from 1.4144 has resumed, then deeper decline to test 1.3764 support could be seen. Below this level could trigger further downside movement...
