International Business Times
Much volatility was seen in EUR/USD last week but the development didn't change in overall outlook. A short term bottom is at least formed at 1.2042 and further rally is expected. Break of 1.2404 resistance will turn bias back to the upside for 1.
International Business Times
USD/CAD's choppy correction from 1.0445 continued last week and reached as low as 0.9979. Initial bias remains on the downside this week and deeper fall would be seen towards 0.9799 key support level. However, as we're treating fall from 1.0445 as a...
International Business Times
AUD/USD jumped further to as high as 1.0580 last week but continued to face resistance form near term channel resistance, which limits its rally...However, we'd also like to point out that AUD/USD should face even stronger resistance some upper trend...
International Business Times
Much volatility was seen in USD/CHF last week but that didn't change the overall outlook. A short term top is at least in place at 0.9971 and deeper decline is expected in near term. Below 0.9690 will target 38.2% retracement of 0.8930 to 0.9971 at 0.
International Business Times
EUR/GBP's corrective recovery from 0.7755 short term bottom continued last week. Such recovery could extend higher in near term, but still, upside is expected to be limited by 0.7949 resistance and bring fall resumption eventually. Below 0.7823 minor...