The AUD/USD pair broke out during the day on Thursday, clearing the 0.73 level. We are dealing with a significant amount of resistance in this general vicinity, but it looks as if the Australian dollar is trying...
EURGBP has formed higher lows on its 1-hour chart and is testing resistance at the .8575, creating an ascending triangle formation. Price is approaching the peak of the triangle so a breakout in either direction might be...
Buy EUR/NZD @ 1.50898 By Signal Factory | SL:1.50498 | TP:1.51698 | 2017.01.06 06:04 GMT Provided by signalfactory.com
Buy EUR/JPY @ 122.503 By Signal Factory | SL:122.103 | TP:123.303 | 2017.01.06 04:18 GMT Provided by signalfactory.com
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USDCAD continued its downward movement from 1.3598, and the fall extended to as low as 1.3191. Near term resistance is at 1.3340, as long as this level holds, the downtrend will continue, and next target would be...
USDJPY is facing 114.73 support, a breakdown below this level will signal completion of the uptrend from 101.18 (Nov 09, 2016 low), then the following downward movement could bring price back to 112.50 area. On the upside,...
AUDUSD’s upward movement from 0.7159 extended to as high as 0.7356. Further rise is still possible and next target would be at 0.7400 area. Support is at 0.7280, only break below this level could signal completion of...
GBPUSD broke above 1.2387 resistance, indicating that the downtrend from 1.2774 had completed at 1.2199 already. Further rise could be expected over the next several days and next target would be at 1.2700 area. Support levels are...
EURUSD’s bounce from 1.0340 extended to as high as 1.0615. Further rise is still possible in a couple of days, and next target would be at 1.0800 area. Support is at 1.0475, only break below this level...
