AUDUSD pulled back to 0.7640 area after touching 0.7718 resistance, indicating that the pair remains in the downtrend from 0.8124 (Sep 8 high). A breakdown below 0.7624 support could signal resumption of the downtrend, then next target...
GBPUSD continued its sideways movement in a trading range between 1.3027 and 1.3337. The price is now facing 1.3027 support, a breakdown below this level could take price to next support level at 1.2774. Near term resistance...
EURUSD is in consolidation of the downtrend from 1.2092 (Sep 8 high). Range trading between 1.1574 and 1.1725 would likely be seen in the coming days. As long as the support-turned-resistance level of 1.1725 holds, the downside...
USDCAD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.2061. As long as the price is above the trend line, the fall from 1.2916 could be treated as consolidation...
USDJPY remains in the uptrend from 107.31. Further rise to test 115.50 key resistance is possible next week. Above this level could signal resumption of the long term uptrend from 98.97 (Jun 24, 2016 low), then next...
AUDUSD stays below a bearish trend line on daily chart and remains in the downtrend from 0.8124. As long as the price is below the trend line, the rise from 0.7624 could be treated as consolidation of...
GBPUSD is facing the support of the rising trend line on the daily chart. A clear break below the trend line support could take price to next support level at 1.2774. Below this level will confirm that...
EURUSD is now in downtrend from 1.2092. As long as the price is below the bearish trend line on the daily chart, the downside movement could be expected to continue and next target would be at the...
The US dollar rallied against the Japanese yen after initially chopping around during the session. The jobs number of course missed, and it sold the pair off, but Americans came back and picked it up again. Ultimately,...
The US dollar went sideways initially during the session on Friday, but then broke down rather significantly as the Americans missed the expected jobs number. By doing so, this favored Canada, and we course rolled over. Even...
