EURUSD has been moving in a downtrend for quite some time, forming a descending trend line in connecting the recent highs. The pair has bounced off the 1.2500 major psychological support level and pulled up to the...
USDCAD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.0886, the fall from 1.1269 could be treated as consolidation of the uptrend. Another rise could be expected after consolidation, and next...
USDCHF stays above the upward trend line on 4-hour chart, and remains in uptrend from 0.9300, the fall from 0.9687 could be treated as consolidation of the uptrend. As long as the trend line support holds, the...
USDJPY stays in the trading range between 108.00 and 110.08. As long as 108.00 support holds, the price action in the range could be treated as consolidation of the uptrend from 101.06 (Jul 10 low), another rise...
AUDUSD moved sideways in a trading range between 0.8642 and 0.8826. Resistance is at 0.8826, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend, another fall...
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.6524, as long as the trend line resistance holds, the rise from 1.5951 could be treated as consolidation of the downtrend. Another...
EURUSD broke above the downward trend line on 4-hour chart, indicating that consolidation of the downtrend from 1.2994 is underway. Range trading between 1.2500 and 1.2698 would likely be seen in a couple of days. As long...
On Friday we received the latest snapshot from the US labor market which send equity markets as well as the US Dollar rallying as the two most important headline figures, the job number and the unemployment rate,...
GBPUSD has been in a steady downtrend in the past weeks, more so last Friday when the US released a strong NFP reading. Price has dropped from the 1.6150 area to 1.5950 where it is currently consolidating....
USDCAD broke above 1.1222 resistance, indicating that the uptrend from 1.0886 has resumed. Further rise could be expected, and next target would be at 1.1400 area. Support is located at the upward trend line on 4-hour chart,...
