USDCAD traded in range between 1.0410 and 1.0727. As long as 1.0727 resistance holds, lengthier consolidation would take price back towards 1.0260 1.0350 area. Key resistance is at 1.0727, rise above this level could signal resumption...
USDCHF traded in range between 1.0842 and 1.1084 for several days. As long as 1.0842 support holds, we’d expect up trend to resume, and further rise is possible to 1.1200 level. However, a break below 1.0842 key...
USDJPY traded in range between 108.13 and 110.66. Pullback towards the lower boundary of the price channel to reach next cycle bottom on daily chart is now in favor. On the other side, a break above 110.66...
AUDUSD is in down trend, and rebound from 0.8493 is treated as consolidation to down trend. Further fall is still possible to 0.8400 level after consolidation. Key resistance is now located at 0.8812, break above this level...
GBPUSD’s down trend from 2.0158 extends further to as low as 1.8173 level. Deeper decline is still possible to 1.8000 next week. Key resistance is located at 1.8794, a break of this level level will indicate that...
EURUSD traded in range between 1.4571 and 1.4908 for several days. Key resistance is located at 1.4908, as long as price stays below this level, we’d expect down trend to resume, and further fall is still possible...
The USD is On Its Way Down Ahead of the GDP Figures. The greenback saw mixed results versus its rival counterparts during yesterday’s trading session. The USD initially retreated from recent highs against a basket of rival...
Today’s US Dollar Trading• USD fails to extend overnight strength• Volumes better• Stops close-in result in two-way action Overnight Preview• Look for more two-way action• USD is getting “tired” I think Looking Ahead to Wednesday All times EASTERN (-4 GMT)• 8:30am USD Core...
USDCAD formed a cycle top at 1.0727 on daily chart. Pullback to 1.0260 1.0350 area to reach next cycle bottom is expected. Key resistance is at 1.0727, rise above this level could signal resumption of up...
USDCHF’s up trend remains. As long as 1.0842 support holds, we’d expect up trend to continue and further rise towards 1.1200 is still possible in a couple of days. However, a break below 1.0842 key support will...
