In order to trade on the Forex, or the international foreign exchange, you must rely on a broker as an intermediary. Brokers provide trading platforms for a trader to open an account on and start trading currencies....
USDCAD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.3347. As long as the trend line resistance holds, the bounce from 1.3070 could be treated as consolidation for the...
USDJPY remains in the uptrend from 106.48, the pullback from 108.93 is likely consolidation for the uptrend. As long as 108.03 support holds, the upside movement could be expected to resume, further rise to 109.50 area is...
AUDUSD broke below 0.6860 support, suggesting that the upside movement from 0.6723 had completed at 0.6882 already. Further decline could be expected in the coming days and next target would be at 0.6820 area. Resistance is at...
GBPUSD broke below the rising trend line on the 4-hour chart and is now facing 1.2839 support, a breakdown below this level would indicate that the uptrend from 1.2195 had completed at 1.3012 already, then further decline...
EURUSD is facing 1.1110 support. As long as this level holds, the uptrend from 1.0879 could be expected to continue and next target would be at 1.1250 area. On the downside, a breakdown below 1.1110 support would...
USDCAD extended its downside movement from 1.3347 to as low as 1.3070. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next...
USDJPY moved sideways in a trading range between 108.03 and 108.93. As long as 108.03 key support holds, the sideways movement could be treated as consolidation for the uptrend from 106.48, further rise to 109.50 area is...
AUDUSD’s upside movement from 0.6723 extended to as high as 0.6882. As long as 0.6860 support holds, the upside movement could be expected to continue and next target would be at 0.6900 area. On the downside, a...
GBPUSD extended its upside movement from 1.2195 to as high as 1.3012. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...
