EURUSD’s downward movement from 1.0873 extended to as low as 1.0366. Further decline could be expected after a minor consolidation, and next target would be at 1.0200 area. Resistance levels are at 1.0550 and 1.0669, as long...
The USD/JPY pair fell slightly during the day on Friday, as we are starting to get a little bit exhausted after the massive amount of bullish pressure that we have seen. I still think that the 150...
The USD/CAD pair initially tried to rally on Friday but gave back some of the gains in order to form something akin to a shooting star. I think we are going to roll over from here but...
The British pound bounced off an uptrend line during the day on Friday as we reached back towards the 1.25 handle. I still think this market breaks down given enough time, and a break down below the...
The EUR/USD pair had a slightly positive candle, but at the end of the day it still remains below the 1.05 level which is very bearish. I think that this market breaks down from here and reaches...
The AUD/USD pair broke down on Friday, making a fresh, new low. The 0.73 level is broken, and as a result it looks like we are going to continue to go lower. Any short-term rally at this...
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USDCAD failed to break below the bottom of the price channel on daily chart, indicating that the pair remains in uptrend from 1.2460. As long as the channel support holds, the uptrend could be expected to continue,...
USDJPY continued its upward movement from 101.18 and the rise extended to as high as 118.66. Support is at 114.73, as long as this level holds, the uptrend could be expected to continue, and next target would...
AUDUSD broke below 0.7310 support and continued its downward movement from 0.7778. Further decline could be expected over the next several weeks, and next target would be at 0.6900 area. Resistance is now at 0.7524, only break...
