AUDUSD moved sideways in a range between 0.8642 and 0.8898. As long as 0.8898 resistance holds, the price action in the range could be treated as consolidation of the downtrend, and another fall to 0.8400 area is...
GBPUSD is facing 1.6226 resistance, as long as this level holds, the price action in the range between 1.5874 and 1.6226 could be treated as consolidation of the downtrend from 1.6524, another fall to 1.5600 area could...
EURUSD is facing the support of the downward trend line on 4-hour chart, a clear break below the trend line support will indicate that the uptrend from 1.2500 had completed at 1.2867 already, then the following downward...
Forex traders received plenty of data out of China today which continue to point towards a slowing Chinese economy. China, now the world’s biggest economy, is responsible for the majority of Asian as well as global economic...
The USD/JPY pair initially gapped higher at the open on Monday, but turned back around to fill the gap and test the 107 level for support. If we can break above the top of the range for...
The USD/CAD pair initially fell during the course of the day, but ultimately break out to the upside. It looks as if we still see plenty of support below, and extending all the way to the 1.12...
The GBP/USD pair broke higher during the course of the day on Monday, heading higher and aiming for the 1.62 handle. The 1.63 handle above is where we expect a lot of resistance to come into play,...
The EUR/USD pair initially fell during the session on Monday, but pushed higher and when above the 1.28 level during the day. Ultimately though, it appears that the market is ready to test the resistance barrier above,...
The AUD/USD pair did almost nothing during the session on Monday, testing the 0.88 level above for resistance. The market looks very stagnant at this point in time, and the fact that we can’t really make any...
EURJPY has pulled up from its continuous dive in the past month and appears to be making a quick correction. For now, it is stalling at the 38.2% Fibonacci level, which is aligned with a former support...
