GBPAUD has been trending inside a long-term ascending channel visible on its daily time frame and is testing support at the mid-channel area of interest. This lines up with the 50% Fibonacci retracement level which already seems...
AUDUSD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 0.7501. As long as the price is above the trend line, the upside movement could be expected to continue and...
GBPUSD remains in the uptrend from 1.3458. As long as 1.3741 support holds, the upside movement could be expected to continue and next target would be at 1.4200 area. On the downside, a breakdown below 1.3741 support...
EURUSD remains in the uptrend from 1.1717, the fall from 1.2323 is likely consolidation of the uptrend. Range trading between 1.2070 and 1.2323 is possible over the next several days. The uptrend could be expected to resume...
GBPAUD recently fell through the rising trend line on its 4-hour time frame, indicating that a reversal is in order. Price is showing a pullback now, and applying the Fib tool shows that the 61.8% retracement level...
“Wild” doesn’t begin to describe Bitcoin’s price action. Less than 12 months ago, it traded as low as $1,200. By early December, it hit a high of $19,891 – and on the CBOE, Bitcoin futures topped $20,000....
USDCAD failed to break below 1.2355 support and stays in the trading range between 1.2355 and 1.2590, suggesting that lengthier consolidation for the downtrend from 1.2920 is needed. Sideways movement would likely be seen over the next...
USDJPY broke above the falling trend line on the 4-hour chart, suggesting that the short term downtrend from 113.38 had completed at 110.19 already. Further rise would likely be seen and next target would be at 111.87...
AUDUSD extended its upside movement from 0.7501 to as high as 0.8022. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next...
GBPUSD extended its short term uptrend from 1.3458 to as high as 1.3942. As long as 1.3741 support holds, the uptrend could be expected to continue and next target would be at 1.4200 area. Near term resistance...
