In the last years, the renminbi made a pause in his attempt to get stronger against USD dollar. In February 2014, renminbi found support at 6.0153 and from there it made a perfect zig – zag correction...
The USDCAD currency pair made an attempt to break above the key resistance level at 1.3387 but faced selling pressure and subsequently retraced back to the 1.3265 area. Currently, the pair is finding support at the rising...
The USDJPY currency pair experienced a breakdown below the key support level at 142.67, indicating a potential completion of the recent upside move from 138.42, which peaked at 145.06. The breach of support suggests a shift in...
The AUDUSD currency pair has been trading within a defined range between 0.6594 and 0.6720 in recent sessions. Despite several attempts, the pair failed to break above the resistance level at 0.6720, suggesting a potential downside move...
The GBPUSD currency pair has been making notable strides in recent sessions and is now approaching a critical resistance level at 1.2847. Traders are closely monitoring this level, as a break above it could potentially trigger a...
The EURUSD currency pair has made a notable breakthrough, breaking above a falling trend line on the 4-hour chart. This development suggests that the downside move from 1.1011 has potentially concluded at 1.0833. Traders will now shift...
The USDCAD currency pair has been entrenched in a long-term downtrend, originating from 1.3977. This downtrend suggests the likelihood of further declines in the coming weeks. Traders with a bearish outlook anticipate the next target to be...
The USDJPY currency pair has maintained its long-term uptrend, which originated from 127.21. Despite potential periods of consolidation, the overall upward trajectory suggests the possibility of further gains in the future. Traders with a bullish outlook anticipate...
The AUDUSD currency pair has been experiencing a period of sideways movement, trading within a range between 0.6170 and 0.7157. This consolidation phase suggests a pause in the long-term downtrend that originated from 0.8006. However, it is...
The GBPUSD currency pair has been maintaining its long-term uptrend, which originated from 1.0352. This upward trajectory suggests that further gains could be expected in the coming weeks, with a potential next target in the 1.3200 area....
