The EUR/USD pair has rallied rather significantly during the trading session on Wednesday, but it’s very likely that we need to see some type a pullback to offer the right amount of value for people to put...
The Australian dollar broke out to the upside during the trading session on Wednesday, slicing towards the 0.81 level above, and that is a significant move as it offers the gateway to much higher pricing. In fact,...
This pair has been trending higher, moving above an ascending trend line on the 1-hour time frame and just bouncing off support. A rally could take it up to the latest highs near .7425 and beyond. The...
USDCAD broke below 1.2355 support and continued its downside movement from 1.2920. Further decline could be expected and next target would be at 1.2200 area. Near term resistance is at 1.2400, only break above this level could...
After a sideways consolidation, USDJPY broke below 110.19 support and extended its downside movement to as low as 108.96. Further decline could be expected and next target would be at 107.31. Near term resistance is at 109.50,...
AUDUSD broke above 0.8038 resistance and extended its upside movement from 0.7501 to as high as 0.8085. As long as the price is above the bullish trend line on the 4-hour chart, further rise is still possible...
GBPUSD extended its upside movement from 1.3458 to as high as 1.4262. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next...
EURUSD broke above 1.2323 resistance and extended its upside movement from 1.1915 to as high as 1.2416. Further rise is still possible after after a minor consolidation and next target would be at 1.2500 area. Near term...
USDCAD has been treading mostly sideways in the past few days and is consolidating inside a bearish flag formation visible on the daily time frame. Price is currently testing the triangle support and a breakdown could send...
The US dollar has fallen during the trading session on Tuesday, as we continue to see weakness in the greenback. I believe that the market will continue to be very noisy, as the 110 level will obviously...
