The US dollar sliced through the 1.30 level against the Canadian dollar during the session on Tuesday, but bounced enough to show signs of life. However, today we get the Crude Oil Inventories announcements coming out of...
The GBP/USD pair initially fell on Tuesday, but turned around and broke above the 1.25 level during the day. The market looks as if it is ready to reach towards the 1.2750 level above. The market has...
The EUR/USD pair broke higher during the Tuesday session, reaching above the 100-exponential moving average late in the session. There is a significant amount of bullish pressure underneath, so given enough time the market should then reach...
The AUD/USD pair initially tried to rally during the day on Tuesday, but gave back a little bit of the gains once we get close to the 0.73 handle. Once we break above there, I believe that...
The bottom of the long-term range on EURAUD seems to be holding as a floor, with a small double bottom formation materializing. Price is testing the neckline at the 1.4300 major psychological level and a break past...
USDCAD broke below 1.3018 support, indicating that the downtrend from 1.3598 has resumed. Further decline could be expected over th next several days, and next target would be at 1.2800 area. Near term resistance is at 1.3168,...
USDJPY broke below 112.52 support, indicating that the downtrend from 118.66 (Dec 15, 2016 high) has resumed. Further decline could be expected over the next several days, and next target would be at 110.00 area. Near term...
GBPUSD is facing 1.2600 resistance, a break of this level will signal resumption of the uptrend from 1.1986, then further rise to 1.2800 area could be seen. Support is now at 1.2412, a breakdown below this level...
After consolidation, EURUSD continued its upward movement from 1.0340 and the rise extended to as high as 1.0812. Further rise could be expected and next target would be at 1.0900 area. Key support is now at 1.0620,...
Sell CAD/JPY @ 86.430 By Signal Factory | SL:86.830 | TP:85.630 | 2017.02.01 01:39 GMT Provided by signalfactory.com
