Since June peak at $3000, Bitcoin lost 35% of it’s value driving the rest of the cryptocurrency market into chaos as 1st August is approaching which is scheduled to trigger activation of Segregated Witness (SegWit) and could lead to...
BTCUSD recently broke below the bottom support trend line of the triangle pattern on its 4-hour chart and the ascending trend line on the daily chart, and is now facing the key support at the May 27...
AUDUSD had been trading inside an ascending triangle on its long-term time frame and has just broken past the resistance at the .7750 minor psychological mark. This signals that the pair is in for an uptrend, which...
USDCAD’s bearish movement from 1.3347 extended to as low as 1.2639. Further decline is still possible after a minor consolidation and next target would be at 1.2500 area. Resistance is now at 1.2770, only a break above...
USDJPY broke below 112.74 key support, indicating that the upside movement from 108.81 had completed at 114.49 already. Deeper decline is possible and next target would be at 111.50 area. Resistance is at 113.10, followed by 113.60,...
AUDUSD’s bullish movement from 0.7571 extended to as high as 0.7834. Near term support is at 0.7790, as long as this level holds, the uptrend could be expected to continue and next target would be at 0.8000...
After breaking above the falling trend line on the 4-hour chart, GBPUSD continued to break above 1.3029 resistance, confirming that the uptrend from 1.2589 has resumed. Further rise could be expected after a minor consolidation and next...
EURUSD remains in uptrend from 1.1118, the price action from 1.1445 could be treated as consolidation of the uptrend. As long as 1.1312 key support holds, the uptrend could be expected to continue and further rise towards...
USDCAD continued its bearish movement from 1.3793 and the fall extended to as low as 1.2639. Resistance is located at the descending trend line on its daily chart. As long the pair is below the trend line,...
After touching 114.36 resistance, USDJPY pulled back from 114.49, indicating that a short term top had been formed, and lengthier sideways movement in a range between 108.13 and 114.49 is underway. Deeper decline could be expected in...
