The USD/CHF pair shot straight up during the Friday session as the Dollar climbed against almost all currencies globally. The Spanish announced that they are going to miss expected debt levels, and this sent the Euro and...
GBP/USD fell hard during the session on Friday as the “risk off” trade came roaring back. The announcement that Spain was going to go well over the agreed upon deficits for the next fiscal year rocked the...
The USD/JPY pair rose yet again on Friday. The USD/JPY pair is a rapidly evolving one. The pair was being pressured to the downside for the longest time, but it looks as if the Bank of Japan...
The EUR/USD pair fell hard during the session on Friday as Spain announced it wasn’t going to meet the agreed upon budget measures that it signed with the EU. The worse than expected outcomes could be the...
USDCAD’s downward movement from 1.0422 extends to as low as 0.9841. Further decline is still possible next week, and next target would be at 0.9700 area. Key resistance is at 1.0050, a break above this level will...
After touching the lower line of the price channel on daily chart, USDCHF rebounded from 0.8931, suggesting that the downward movement from 0.9594 is complete. Further rally is still possible next week, and next target would be...
USDJPY continues its upward movement from 76.02, and the rise extends to as high as 81.86. Support is now at 80.00, as long as this level holds, uptrend could be expected to continue, and next target would...
AUDUSD moved sideways in a range between 1.0596 and 1.0844. Key support is at 1.0596, as long as this level holds, the price action in the range is treated as consolidation of the uptrend from 0.9663, one...
After breaking above 1.5928 previous high, GBPUSD pulled back from 1.5991. Further fall to test 1.5645 key support is expected next week, a break below this level could trigger another fall towards 1.5000. On the other side,...
EURUSD is facing the support of the upward trend line on daily chart, a clear break below the trend line will indicate that the rise from 1.2624 has completed at 1.3486 already, then the following downward movement...
