USDCHF continues its bearish movement from 1.1730 and the fall extended to as low as 0.9555 level. Further decline is still possible next week and next target would be at 0.9400 area. Resistance is at 0.9845, as...
USDJPY’s downward move from 94.98 extended to as low as 81.72 level. Deeper decline towards 79.75 (1995 low) could be seen next week. Resistance is at the falling trend line from 94.98 to 85.92, as long as...
AUDUSD remains in uptrend from 0.8771 and the rise extended to as high as 0.9916 level. Support is at 0.9540, as long as this level holds, uptrend is expected to continue and next target would be at...
GBPUSD broke above 1.5997 previous high resistance, suggesting that the uptrend from 1.4230 has resumed. Further rise is still possible next week and next target would be at 1.6200-1.6300 area.
EURUSD remains in uptrend and the rise from 1.2587 extended to as high as 1.4029 level. Upward movement is expected to continue next week and next target would be at 1.4300 area. Support is at 1.3635, only...
The sterling and the euro have reached important highs against the greenback. Asian and European trading sessions: Euro: The EUR/USD pair has breached the psychologically significant 1.40 mark. According to the expectations, the ECB left the principal...
On 4-hour graph the AUD/USD has successfully broken through the resistance level of 0.9850 reaching the new historical maximum at 0.9917 moving down slightly afterwards. Nevertheless, the analysts of large banks recommend buying the Australian dollar in...
The major currencies continued to have slash and burn trading ranges across the landscape. The USD traded at lows against the EUR and GBP before showing some ability to bounce back, but traders must continue to be...
GBP/USD: The pair finally crossed the resistance 1.5896 upwards after 4 days of anemic candles. However the resistance was crossed back downwards a few hours later. AUD/USD: During the last session, the pair crossed a critical weekly...
Yesterday’s trading was filled with exciting developments; the dollar ended a bearish run against the euro and the British pound on one hand, and reached a 15-year low against the Japanese yen on the other hand. In...
