AUDUSD extended its downside movement from 0.7916 to as low as 0.7698, breaking below 0.7712 support. Further decline could be expected after a minor consolidation and next target would be at 0.7600 area. Near term resistance is...
GBPUSD stays above a rising trend line on its 4-hour chart, suggesting that the pair remains in the uptrend from 1.3711. As long as the price is above the trend line, the fall from 1.3995 could be...
EURUSD broke below 1.2273 support. Further decline could be expected in the coming days and next target would be at 1.2155 support. Near term resistance is at 1.2340, only break above this level could bring price back...
USDCAD extended its upside movement from 1.2248 to as high as 1.3100. As long as the price is above the bullish trend line on the daily chart, the bullish move could be expected to continue and next...
USDJPY moved sideways in a trading range between 105.24 and 107.90. As long as 107.90 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 113.75 and a breakdown below 105.24 support could...
AUDUSD broke below 0.7712 support, suggesting that the downtrend from 0.8135 has resumed. Further decline could be expected in a couple of weeks and next target would be at 0.7500 area. Key resistance is located at the...
GBPUSD remains in the downtrend from 1.4345, the bounce from 1.3711 is likely consolidation for the downtrend. Further decline is still possible after the consolidation and a breakdown below 1.3711 support could take price to next support...
EURUSD moved sideways in a trading range between 1.2154 and 1.2555. Another fall to test 1.2154 support would likely be seen next week. A breakdown below this level could take price to 1.1950 area. Below here would...
The US dollar has gone back and forth during the trading session on Thursday, as the stock market seem to be struggling for some type of clarity. Because of this, I’m not expecting much out of the...
The US dollar has rallied a bit during the trading session on Thursday, as we crashed into the 1.30 level. We started to run stops in that area, but this is an area that is huge from...
