The EUR/USD pair exploded to the upside during the session on Wednesday, breaking above the 1.12 level finally. Now that we are clear this area, it looks as if the pullbacks could offer value going forward. The...
The Australian dollar initially tried to gain during the session on Wednesday, but found enough resistance at the 0.7475 level to turn things around and rollover towards the 0.7425 handle. That’s an area that has offered a...
NZDJPY has been moving sideways, bouncing off support around the 78.00 major psychological level and resistance at 78.85. Price just got rejected on its test of the resistance and could be setting its sights back on support....
USDCAD formed a sideways movement in a range between 1.3387 and 1.3540. As long as 1.3540 resistance holds, the price action in the trading range could be treated as consolidation of the downtrend from 1.3793 and further...
USDJPY moved sideways in a trading range between 110.23 and 112.13. Support is at 110.23, a breakdown below this level could bring price to next support level at around 109.60. Near term resistance is at 111.50, only...
AUDUSD is facing 0.7416 support, a breakdown below this level could signal resumption of the downtrend from 0.7517, then deeper decline to 0.7350 area could be seen. Resistance is at 0.7475, above this level could take price...
GBPUSD is facing the resistance of the bottom trend line of the price channel on 4-hour chart. As long as the pair is below the trend line, the bounce from 1.2769 could be treated as consolidation of...
EURUSD broke above the top trend line of the price channel on its 4-hour chart, indicating that the short term downtrend from 1.1267 had completed at 1.1109 already. Now the pair is facing 1.1267 resistance, a break...
OPEC ended its highly anticipated meeting on Vienna last Thursday to discuss about extending the production cut in Crude Oil. They have decided to extend the current agreement to cut production output by 1.8 million barrels per day by...
AUDNZD since March 13/2017 has been moving lower. There are possible bullish patterns that can push the pair higher but traders need to see AUDNZD price action slow down and show possible signs that it wants to...
