AUDUSD remains in uptrend from 0.7473. Further rise could be expected after a minor consolidation and next target would be at 0.7700 area. Support is at 0.7500, only break below this level could bring price back to...
GBPUSD formed a sideways consolidation in a range between 1.2365 and 1.2573. Resistance is at 1.2573, a break above this level will signal resumption of the uptrend from 1.2109, then next target would be at 1.2650 area....
EURUSD moved sideways in a trading range between 1.0569 and 1.0689. As long as 1.0689 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.0905, and further decline to...
The USD/JPY pair fell during the day on Friday to continue the move towards the 108 handle. Short-term rally should continue to be selling opportunities as we have broken below the 50% Fibonacci retracement level, and now...
The USD/CAD pair did very little on Friday as most markets are finding little in the way of volume. The market breaking above the 1.3350 level should send this market to the upside, and if oil markets...
The GBP/USD pair rallied on Friday, but it is facing a bit of resistance above. If we can break above the 1.27 level above, the market will more than likely move to the upside on the longer-term...
The EUR/USD pair tried to rally on Friday but turned around to show more signs of lackluster performance. If we can break below the 1.06 level, the market will then more than likely reach towards the 1.05...
The AUD/USD pair rallied on Friday as we continue to see a bit of a bounce due to gold and of course geopolitical risks. Adding fuel to the fire was President Trump suggesting that the US dollar...
The Forex market is a platform for the exchange of currencies from all over the world. Multinational corporations, product manufacturers, big banks use it to convert money from one currency to another. In theory, anyone can participate...
USDCAD remains in uptrend from 1.2968, the fall from 1.3534 is likely consolidation of the uptrend. Further rise is still possible after the consolidation, and next target would be at 1.3800 area. Support is at 1.3200, only...
