The EUR/USD pair has been very volatile during trading on Monday, initially falling, then bouncing, then falling again as we approached the 1.18 level. A lot of the volatility is due to a failure by German government...
The Australian dollar has been somewhat volatile during the trading session on Monday, remaining in a reasonably tight range. That’s not a huge surprise though, because we get the Monetary Policy Meeting Minutes coming out first thing...
The EUR/USD has tried to recover ground at the beginning of this Tuesday, but has found a barrier in the European opening in the 1.1750 area after having raised 20 pips from the intraday low of the...
USDCAD is facing 1.2819 resistance once again. A breakout of this level could take price towards 1.2916 previous high. Near term support is at the rising trend line on the 4-hour chart. Only a clear break below...
USDJPY failed in its attempt to break below 111.65 support and rebounded from 111.88. However, as long as the price is below the bearish trend line on the 4-hour chart, another fall to test 111.65 support is...
AUDUSD extended its downside movement from 0.7729 to as low as 0.7532. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next...
GBPUSD’s upside movement from 1.3039 extended to as high as 1.3279. Further rise to test 1.3337 key resistance is still possible in the coming days. As long as this level holds, the sideways movement in a range...
EURUSD is in short term downtrend from 1.1860. Deeper decline towards the resistance-turned-support level at 1.1690 would likely be seen. A breakdown below this level could take price towards 1.1554. Below here could signal resumption of the...
The common currency started had a rough beginning of the week, as talks for a coalition government in Germany ended on Sunday after the Free Democratic Party pulled out. Merkel’s CDU has now been sentenced to a minority...
NZDUSD extended its downside movement from 0.7557 to as low as 0.6780, breaking below an important support level at 0.6817. Further decline would likely be seen over the next several weeks. On the downside There is a...
