The EUR/USD pair initially tried to rally during the beginning of the session on Monday, but turned back around and fell back into the consolidation area. The 1.3350 level offered support though, and as a result it...
The AUD/USD pair as you can see went back and forth during the course of the day on Monday, continuing to show the 0.93 level is an area where the buyers could step back into the marketplace....
By Elliott Wave International A moving average (MA) is one of the simplest technical tools an analyst or trader can use. The most common one is the simple moving average (SMA). A 200-period SMA often determines trend,...
USDCAD is in downtrend from 1.0985. Further decline would likely be seen after a minor consolidation, and next target would be at 1.0800 area. Resistance levels are at 1.0940 and 1.0985, only break above these levels could...
USDCHF stays in a downward price channel on 4-hour chart, and remains in downtrend from 0.9114. Resistance is located at the upper line of the channel. As long as the channel resistance holds, the rise from 0.8997...
USDJPY is facing 102.71 resistance, above this level could trigger another rise towards 104.00, However, as long as 102.71 resistance holds, the rise from 102.13 would possibly be correction of the downtrend from 102.71, another fall towards...
AUDUSD continued its upward movement from 0.9238, and the rise extended to as high as 0.9340. Further rise to test 0.9373 resistance is still possible, as long as this level holds, the rise could be treated as...
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.7190, the bounce from 1.6657 could be treated as consolidation of the downtrend. As long as the trend line resistance holds, the...
EURUSD is facing 1.3333 support again, a breakdown below this level will signal resumption of the downtrend from 1.3700, then next target would be at 1.3000 area. Resistance is at 1.3444, only break above this level will...
EURGBP has been moving inside a rising channel for most of the month, as price made higher lows and higher highs. At the moment, the pair is testing the top of the rising channel, which lines up...
