EURUSD’s upward movement from 1.0494 extended to as high as 1.0905. Further rise is still possible after a minor consolidation and next target would be at 1.0950 area. Near term support is at the bottom of the...
EURGBP has been trending lower on its 1-hour time frame, moving inside a descending channel connecting the latest highs and lows of price action. Price gapped higher over the weekend and is about to test the channel...
USDCAD moved sideways in a trading range between 1.3264 and 1.3409. Resistance is at 1.3409, a break of this level will confirm that the downtrend from 1.3535 had completed at 1.3264 already, then the following upward movement...
USDJPY continued its downward movement from 115.50 and the fall extended to as low as 110.25. Further decline is still possible after a minor consolidation and next target would be at 109.00 area. Near term resistance is...
AUDUSD remains in downtrend from 0.7749. Further decline could be expected in a couple of days and next target would be at 0.7550 area. Resistance is at the top of the price channel on 4-hours chart, only...
GBPUSD stays in a ascending price channel on 4-hour chart and remains in uptrend from 1.2109. As long as the pair is in the channel, the uptrend could be expected to continue and next target would be...
EURUSD’s upward movement from 1.0494 extended to as high as 1.0849. Further rise is still possible in a couple of days and next target would be at 1.0900 area. Near term support is at the bottom of...
USD/JPY daily chart, March 27, 2017 The USD/JPY pair initially tried to rally on Friday but turned around to form a shooting star. The 200 exponentials moving averages slicing right through the candle, so I think we...
USD/CAD daily chart, March 27, 2017 The US dollar rallied against the Canadian dollar on Friday, as we continue to press to the upside. Pay attention oil, looks as if it is very vulnerable and if that’s...
GBP/USD daily chart, March 27, 2017 The GBP/USD pair fell initially on Friday but found enough support at the 100-exponential moving average to turn around and form a slightly supportive candle. However, I think there so much...
