The GBP/USD pair rallied during the day on Wednesday, as we continue to find quite a bit of support just below. However, I see massive amount of resistance above here that could continue to push much lower....
The EUR/USD pair continued to grind higher during the day on Wednesday, as fears over a switch in the expected outcome of the presidential election in the United States of course has have the US dollar falling....
The Australian dollar initially fell during the day on Wednesday, but turned around to form a relatively supportive looking candle. There is a lot of noise above though, so I’m not willing to start buying at this...
EURAUD recently broke below support around the 1.4600 major psychological level then dropped to a low of 1.4125. From there, price showed signs of a pullback and is currently testing the 61.8% Fibonacci retracement level. The...
USDJPY broke below 103.16 support, indicating that the upward movement from 100.08 (Sep 27 low) had completed at 105.53 already. Deeper decline could be expected after a minor consolidation, and next target would be at 101.00 area....
AUDUSD is facing 0.7688 resistance, a break of this level will indicate that the downtrend from 0.7734 had completed at 0.7557 already, then the following upward movement could bring price to 0.7800 zone. Support level is at...
EURUSD remains in uptrend from 1.0851. Further rise is still possible after a minor consolidation and next target would be at 1.1200 area. Support is at 1.1030, only break below this level could signal completion of the...
AUDUSD is starting to trend lower on its 1-hour time frame, moving inside a descending channel and just bouncing off the resistance at .7650. Price seems to have its sights set back on the bottom of the...
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USDJPY broke below the upward trend line on 4-hour chart, indicating that the uptrend from 103.16 had completed at 105.53 already. Deeper decline to test 103.16 support could be expected, a breakdown below this level will signal...
