USDJPY stays in the descending price channel on 4-hour chart and remains in downtrend from 112.19, the price action from 108.13 could be treated as consolidation of the downtrend. As long as the pair is in the...
AUDUSD is facing 0.7473 support, a breakdown below this level will confirm that the downtrend from 0.7749 has resumed, then the following downward movement could bring price to 0.7300 area. Near term resistance is at 0.7535, only...
GBPUSD remains in uptrend from 1.2365, the fall from 1.2904 is likely consolidation of the uptrend. Further rise is still possible after the consolidation and next target would be at 1.3000 area. Support levels are at 1.2755...
EURUSD remains in uptrend from 1.0569, the fall from 1.0737 is likely consolidation of the uptrend. Further rise could be expected over the next several days and next target would be at 1.0800 area. Near term support...
Exchange rates and how they affect us Foreign exchange rates affect individuals, families and business all around the world. The currency market is the biggest industry in the world with the most transactions daily. Whether you are...
USDCAD’s upward movement from 1.3223 extended to as high as 1.3400. Further rise is still possible and next target would be at 1.3500 area. Support is at 1.3330, as long as this level holds, the uptrend will...
USDJPY remains in downtrend from 112.19, the price action from 108.13 is likely consolidation of the downtrend. Resistance is at the top of the price channel on 4-hour chart. As long as the pair is in the...
AUDUSD broke below 0.7535 support, indicating that the upward movement from 0.7473 had completed at 0.7610 already. Deeper decline to test 0.7473 support could be expected, a breakdown below this level will confirm that the downtrend from...
GBPUSD continued its upward movement from 1.2365 and the rise extended to as high as 1.2904. Further rise could be expected after consolidation and next target would be at 1.3000 area. Support levels are at 1.2755 and...
EURUSD broke above 1.0689 resistance, indicating that the downward movement from 1.0905 had completed at 1.0569 already. The pair is now in uptrend, further rise could be expected over the next several days, and next target would...
