EURUSD broke below the upward price channel on 4-hour chart, indicating that consolidation of the uptrend is underway. Range trading between 1.1000 and 1.1141 would likely be seen over the next several days. As long as 1.1000...
USDCAD’s upward movement from 1.2460 extended to as high as 1.3465. Key support is at 1.3000, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.3700 area....
USDJPY continued its sideways movement in a range between 98.97 and 107.48. Another fall to test 98.97 support would likely be seen, a breakdown below this level will signal resumption of the long term downtrend from 125.85...
AUDUSD stayed in the narrow range between 0.7441 and 0.7755 for several weeks. Key support is at 0.7441, as long as this level holds, the price action in the range could be treated as consolidation of the...
GBPUSD remains in downtrend from 1.5016, the rise from 1.1946 is likely consolidation of the downtrend. Range trading between 1.1946 and 1.2700 is possible over the next several weeks. Resistance is at 1.2700, as long as this...
EURUSD broke above 1.1060 resistance, indicating that the downward movement from 1.1366 had completed at 1.0851 already. Further rally could be expected, and next target would be at 1.1500 area. Support is at 1.0851, only break below...
This AvaTrade review was conducted by “ForexSQ.com” experts for those who want to know about the AvaTrade forex broker. The AvaTrade company known before as AvaForex or AvaFX broker, Estd. In 2006, is among the topmost Fx...
The USD/JPY pair had a very neutral candle form for the Friday session after the jobs number came out. It now looks as if the 103 level is going to continue to offer support, so if we...
The USD/CAD pair initially tried to rally on Friday but turned around just below the 1.35 resistance barrier to form a massive shooting star. This is a negative sign, but there are a lot of hammers just...
The GBP/USD pair rallied during the session on Friday, we continue to break out to the upside. However, if think that the market does go higher it’s likely that we will find a significant amount of resistance...
