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...
NZDUSD found temporary support and has bounced higher on April 12/2017. At this moment, bias remains bullish and we expect the pair to continue higher in the coming trading sessions. Bulls will be waiting on any pullbacks...
Short term Elliott Wave view in Gold (XAUUSD) suggests that cycle from 4/10 low (1246.92) is unfolded as an impulse Elliott wave structure where Minutte wave ((i)) ended at 1257.2, Minutte wave (ii) ended at 1250.8, Minutte wave (iii) ended at...
The USD/JPY pair initially rallied on Tuesday, but found enough resistance above to turn around and form a negative candle. It looks as if we are going to test the bottom of the hammer from the previous...
The USD/CAD pair broke out to the upside during the day on Tuesday, breaking the top of the hammer from Monday. We look as if we are ready to continue the consolidation, and that means that the...
The GBP/USD pair rallied during the day on Tuesday, breaking above the 1.2750 level. The Prime Minister of England suggested that a snap election is going to be held, and that could speed along the process of...
The EUR/USD pair rally during the day on Tuesday, reaching towards the 1.07 level. It now looks as if we can break above the top of the daily range, the market should then reach towards the 1.0750...
The AUD/USD pair fell during the trading session on Tuesday, touching the 200-day exponential moving average. I still think there’s a significant amount of support below at the 0.75 level, so a supportive candle could be a...
