Forex strategies help investors to stick to a particular plan when trading currencies. The discipline has proven to be elemental in increasing profits generated from Forex markets. Forex strategies can be based on technical analysis or vital,...
USDCAD broke below 1.3225 support, suggesting that the upside movement from 1.3158 had completed at 1.3269 already. Further decline would likely be seen and next target would be at 1.3180 area. Resistance is at 1.3269, only break...
USDJPY is testing the support of the rising price channel on the 4-hour chart. A breakdown below the channel support would confirm that the upside movement from 104.44 (Aug 26 low) had completed at 109.72 already, then...
AUDUSD continued its sideways movement in a narrow range between 0.6812 and 0.6861. The sideways movement is likely consolidation for the uptrend from 0.6754, a breakout of 0.6861 resistance could trigger further upside movement towards 0.6900.
GBPUSD stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 1.2822. As long as the channel support holds, the upside movement could be expected to continue and next target would...
EURUSD is now in the downtrend from 1.1116, further decline could be expected after a minor consolidation and next target would be at 1.1015 area. Resistance is at 1.1116, only break above this level could trigger another...
USDCAD bounced strongly from 1.3158 to as high as 1.3269. Further rise is still possible after a minor consolidation and next target would be at 1.3300 area. Near term support is at 1.3225, below this level could...
USDJPY is facing the support of the rising price channel on the 4-hour chart. A breakdown below the channel support would indicate that the upside movement from 104.44 (Aug 26 low) had completed at 109.72 already, then...
AUDUSD stays in a narrow range between 0.6812 and 0.6861. As long as 0.6812 support holds, the price action in the range could be treated as consolidation for the uptrend from 0.6754, a breakout of 0.6861 resistance...
GBPUSD extended its upside move from 1.2822 to as high as 1.3166. As long as the price is in the bullish price channel on the 4-hour chart, the pullback from 1.3166 could be treated as consolidation for...
