USDCAD broke below 1.0460 support, suggesting that the uptrend from 1.0013 had completed at 1.0608 already. Further decline could be expected and the target would be at 1.0150 area. Resistance is now at 1.0608, only break above...
USDCHF failed to break above 0.9838 resistance and pulled back from 0.9751. Further decline to test 0.9130 support would likely be seen, a breakdown below this level will indicate that the long term downtrend from 0.9971 (Jul...
USDJPY’s upward movement from 93.79 reached 101.53 only. The subsequent fall suggests that a sideways movement in a range between 93.79 and 103.73 is underway.
AUDUSD continues its downward movement from 1.0582, and the fall extends to as low as 0.8998. Resistance is at the downward trend line on daily chart, as long as the trend line resistance holds, further decline is...
GBPUSD broke below 1.4831 support, suggesting that the long term downtrend from 1.6339 (Jan 2 high) has resumed. Further decline would likely be seen after consolidation, and next target would be at 1.4500 area.
EURUSD failed to break below 1.2747 support, and rebounded strongly from 1.2756, suggesting that the downward movement from 1.3415 had completed.
The yield curve is the line that shows determined interest rates of bonds with different maturity levels but with equal credit. Often, it is reported to compare set periods such as six months, two years, and three...
Trading signals are the perfect solution for the traders who are new to the trading world or do not possess enough self-confidence to trade on their own. By being a subscriber to trading signals, one can assure...
USDCAD continues its upward movement from 1.0137, and the rise extends to as high as 1.0608. Further rise could be expected after a minor consolidation, and next target would be at 1.0800 area. Support is at 1.0460,...
USDCHF’s rise from 0.9130 extends to as high as 0.9660. Further rise to test 0.9838 resistance could be expected next week, a break above this level will indicate that the uptrend from 0.9021 has resumed, then the...
