The GBP/USD pair had a back and forth session on Friday as the Non-Farm Payroll report came out much stronger than expected. This kind of market isn’t all that uncommon on these days, and as a result...
The USD/JPY pair rose for the Friday session as the Non-Farm Payroll numbers came out better than expected. The pair is being lifted by the Bank of Japan, and at the levels that we started the day...
EUR/USD went back and forth like it normally does on a Non-Farm Payroll day on Friday. The pair simply didn’t go anywhere, and the market is still “stuck” between the 1.32 level and the 1.30 level.
USDCAD remains in downtrend from 1.0422, and the fall extends to as low as 0.9926. Further decline is still possible next week, and next target would be at 0.9800 area. Resistance is now at 1.0070, only break...
USDCHF had formed a cycle top at 0.9594 on daily chart, and is now in downtrend. Further fall would likely be seen next week, and the target would be at the lower border of the price channel....
USDJPY continued its sideways movement in a range between 75.57 and 79.52. Lengthier consolidation in the range is still possible in a couple of weeks, and another rise towards 79.52 would likely be seen before breaking below...
AUDUSD’s upward movement from 0.9861 extends to as high as 1.0793. Further rise is still possible next week, and next target would be at 1.0900 area. Support is at 1.0600, only a breakdown below this level could...
GBPUSD’s upward movement from 1.5236 extended to as high as 1.5882. Further rise is still possible next week, and next target would be at 1.6000 area. Key support is at 1.5640, only break below this level could...
EURUSD remains in uptrend from 1.2624. Support is at 1.2930, followed by 1.2855, as long as these levels hold, uptrend could be expected to continue, and one more rise to 1.3500-1.3600 area is still possible after consolidation.
The negotiations regarding the Greek debt with investors are passing very hard.
