AUDUSD is facing 0.7688 resistance, a break of this level will indicate that the downtrend from 0.7734 had completed at 0.7557 already, then the following upward movement could bring price to 0.7800 zone. Support level is at...
EURUSD remains in uptrend from 1.0851. Further rise is still possible after a minor consolidation and next target would be at 1.1200 area. Support is at 1.1030, only break below this level could signal completion of the...
AUDUSD is starting to trend lower on its 1-hour time frame, moving inside a descending channel and just bouncing off the resistance at .7650. Price seems to have its sights set back on the bottom of the...
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USDJPY broke below the upward trend line on 4-hour chart, indicating that the uptrend from 103.16 had completed at 105.53 already. Deeper decline to test 103.16 support could be expected, a breakdown below this level will signal...
After touching the top of the price channel on 4-hour chart, AUDUSD pulled back from 0.7688, indicating that the pair remains in downtrend from 0.7734. Deeper decline would likely be seen and next target would be at...
EURUSD’s upward movement from 1.0851 extended to as high as 1.1069. Support is now at 1.1000, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.1200 area.
The USD/JPY pair rallied during the course of the session on Monday, breaking above the 105 level at one point. Ultimately, the market looks as if we are ready to go higher though, and with that I...
The USD/CAD pair initially fell during the day on Monday but turned around to form a hammer. The hammer of course is a bullish sign, so I look at this is a market that’s ready to continue...
The GBP/USD pair initially fell during the day on Monday, but turned around to form a little bit of a supportive candle. If we can rally above the top of this hammer, the market should then try...
