AUDUSD continued its downward movement from 0.7778 and the fall extended to as low as 0.7460. Further decline is still possible after a minor consolidation, and next target would be at 0.7300 area. Resistance levels are at...
EURUSD’s downward movement from 1.1299 extended to as low as 1.0666. Further decline is still possible after a minor consolidation, and next target would be at 1.0600 area. Resistance levels are at 1.0820 and 1.0900, as long...
USDCAD recently broke past the 1.3500 major psychological resistance and climbed close to the 1.3600 mark before pulling back. Applying the Fib tool on the latest swing low and high shows that the 50% level lines up...
USDCAD’s upward movement from 1.3264 had completed at 1.3588 already. Further decline could be expected in a couple of days, and the target would be at 1.3250 area. Resistance level is at 1.3500, only break above this...
USDJPY continued its upward movement from 101.18, and the rise extended to as high as 109.33. Further rise is is still possible after a minor consolidation, and next target would be at 110.00 area. Support levels are...
AUDUSD’s downward movement from 0.7778 extended to as low as 0.7511. Further decline is still possible after a minor consolidation, and next target would be at 0.7400 area. Resistance is at 0.7620, only break above this level...
GBPUSD is facing 1.2350 support, a breakdown below this level will indicate that the upward movement from 1.2082 had completed at 1.2673 already, then the following downward move could bring price to 1.2000 area. On the upside,...
EURUSD remains in downtrend from 1.1299, the rise from 1.0709 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.0600 area. Resistance levels are at 1.0840 and...
The USD/JPY pair broke down during the day on Monday, clearing the 107.50 level. This is an area that has caused quite a bit of resistance in the past so the fact that we broke above there...
The USD/CAD pair continues to grind higher as oil markets falter. Now that we are above the 1.35 level, the market will then more than likely reach towards the 1.40 handle, perhaps even higher than that. Short-term...
