GBPUSD is now facing the downward trend line on daily chart, a clear break above the trend line resistance will indicate that the downtrend from 1.6309 had completed at 1.5827 already, then further rise to test 1.6309...
EURUSD’s upward movement from 1.2661 extends to as high as 1.3027. Further rise to test 1.3171 resistance would likely be seen, a break above this level will confirm that the uptrend from 1.2042 has resumed, then the...
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In the recent past, there have been hard economic times that have swept all across the world. This has made living standards generally hard and it has also been hard to make ends meet.
Internet based trading has taken a new turn by emerging as one of the most lucrative business ideas currently on offer in the market. This is due to the fact that the internet is centralized and as...
USDCAD is facing the support of the upward trend line on daily chart, a clear break below the trend line support will indicate that a cycle top has been formed at 1.0055, and the upward movement from...
USDCHF had formed a cycle top at 0.9511 on daily chart. Further decline could be expected next week, and next target would be at 0.9100-0.9150 area. Resistance is at 0.9400, only break above this level could trigger...
USDJPY’s upward movement from 77.14 extends to as high as 82.83. Further rise would likely be seen next week, and next target would be at 84.00 area. Initial support is at 81.50, and the key support is...
Being contained by the support of the lower line of the price channel on 4-hour chart, AUDUSD rebounded from 1.0287, suggesting that a cycle bottom has been formed on daily chart.
GBPUSD stays below a downward trend line on daily chart, and remains in downtrend from 1.6309, the bounce from 1.5827 would possibly be consolidation of the downtrend.
