Being contained by resistance of the upper border of falling price channel on daily chart, USDJPY pulled back from 90.76 level. However, the fall from 90.76 is more likely consolidation of uptrend from 84.82, another bounce towards...
AUDUSD stays in a trading range between 0.8916 and 0.9404. Moving sideways without trend in the range is still possible next week. As long as 0.8916 support holds, the price action in the trading range is treated...
GBPUSD broke below 1.6251 key support, suggesting that a cycle top has been formed at 1.6875 level on daily chart. Another fall towards 1.5708 would more likely be seen in next several days. Resistance is at 1.6370...
EURUSD broke below 1.4626 key support, suggesting that the uptrend from 1.3748 has completed at 1.5144 level already. Further decline is now in favor and next targets would be at 1.4300 area. Resistance is at 1.4800, only...
As traders explore the vast array of tools available to them, one common question arises: which moving average is better? The Simple Moving Average (SMA) or the Exponential Moving Average (EMA)? In this article, we will compare...
USDCAD continues to trade in range between 1.0405 and 1.0852. As long as 1.0852 resistance holds, another fall towards 1.0000 is expected after consolidation. Key resistance is at 1.0852, only rise above 1.0852 will indicate lengthier correction...
USDCHF broke above the resistance of the upper border of the falling price channel on daily chart. Sideways movement in a range between 0.9917 and 1.0337 is expected in a couple of week. As long as 1.0337...
After touching the lower border of the falling price channel on daily chart, USDJPY rebounded sharply from 84.82 level, suggesting that a cycle bottom has been formed. Now the pair is testing the resistance of the upper...
AUDUSD continues its sideways movement in a range between 0.8916 and 0.9404. Lengthier consolidation in the trading range is still possible next week. As long as 0.8916 support holds, another rise towards 0.9500 is possible after consolidation....
No changed in our view, GBPUSD is forming a cycle top at 1.6875 level on daily chart. Key support is located at 1.6251, below this level will confirm the cycle top and signal another fall towards 1.5708...
