USDCAD failed to break above 1.3467 resistance, suggesting that the pair remains in the downtrend from 1.3664. Another fall towards 1.3000 would likely be seen in the coming days. Only break above 1.3467 resistance could trigger another...
USDJPY stays in a bearish price channel on the daily chart and remains in the downtrend from 112.13. As long as the price is in the channel, the downside movement could be expected to continue and next...
AUDUSD stays in a falling price channel on the daily chart and remains in the downtrend from 0.7295. As long as the price is in the channel, the downside movement could be expected to continue and next...
GBPUSD continued its sideways movement in a trading range between 1.2960 and 1.3381. Key support is at 1.2960, as long as this level holds, the sideways movement could be treated as consolidation for the uptrend from 1.2396,...
EURUSD is facing 1.1176 support, a breakdown below this level could trigger further downside movement towards 1.1000. Key resistance is now at 1.1448, a breakout of this level would suggest that the long term downside movement from...
By Steve Hochberg and Pete Kendall Back in December, we wrote an article titled “Interest Rates Win Again as Fed Follows Market.” In the piece, we noted that while most experts believe that central banks set interest...
USDCAD broke above 1.3444 resistance, suggesting that the upside movement from 1.3250 has resumed. Further rise to test 1.3467 resistance is possible, above this level would aim 1.3500 area. Key support is at 1.3371, a breakdown below...
USDJPY is facing 110.95 resistance, a break of this level would indicate that the downtrend from 112.13 had completed at 109.70 already, then another rise to 112.00 area could be seen. On the downside, as long as...
AUDUSD broke below 0.7065 support, suggesting that the upside movement from 0.7003 had completed at 0.7168 already. Further decline could be expected in the coming days and next target would be at 0.7000 area. Near term resistance...
GBPUSD is facing the support of the rising trend line on the 4-hour chart. A breakdown below the trend line support could trigger further downside movement towards 1.2900 area. On the other side, as long as the...
