The Australian dollar has fallen a bit during the trading session on Tuesday, as traders came back from the holiday season. Gold markets course have a massive influence on the Australian dollar, so pay attention to them...
USDCAD stays below a bearish trend line on the 4-hour chart and remains in downtrend from 1.2920. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would be...
USDJPY is now facing 112.03 support. A breakdown below this level could take price to next support level at 110.84. Near term resistance is at 112.60, only break above this level could trigger another rise to test...
AUDUSD extended its upside movement from 0.7501 to as high as 0.7844. As long as the price is in the rising price channel on the 4-hour chart, the uptrend could be expected to continue and next target...
GBPUSD’s upside movement from 1.3301 extended to as high as 1.3605. Further rise is still possible in a couple of days and next target would be at 1.3700 area. Near term support is at 1.3550, below this...
EURUSD continued its upside movement from 1.1717 and the rise extended to as high as 1.2081, facing 1.2092 (Sep 8 high) resistance. A breakout of this level could trigger further upside movement towards 1.2500. Near term support...
EURAUD has been trending lower on its 4-hour time frame since breaking below the neckline of a head and shoulders pattern. Price has bounced off support and is now nearing a test of the resistance around the...
USDCAD broke below 1.2623 support, indicating that the upside movement from 1.2061 had completed at 1.2916 already. Deeper decline to test 1.2433 support could be seen next week. A breakdown below this level could trigger further downside...
USDJPY moved sideways in a trading range between 110.84 and 114.73. As long as 110.84 support holds, the sideways move could be treated as consolidation of the uptrend from 107.31, and another rise to test 115.50 resistance...
AUDUSD extended its upside movement from 0.7501 to as high as 0.7824. Further rise to test 0.7897 resistance could be seen next week. A break of this level could take price to next resistance level at 0.8000,...
