Check the latest Forex news posts abut the price action as well as economy:
EURUSD’s rise from 1.2796 extends to 1.2938EURUSD’s rise from 1.2796 extends to as high as 1.2938. However, the rise is likely consolidation of the downtrend from 1.3242. Resistance is located at the upper line of the downward price channel... |
EUR/USD DAILY as of Tuesday, 21 May, 2013Euro Dollar / US Dollar appears to be locked in a trading range bounded by upside resistance and downside support. The most recently confirmed upside resistance level for Euro Dollar / US Dollar is... |
USDCAD pulls back from 1.0312Being contained by 1.0341 resistance, USDCAD pulls back from 1.0312. However, the fall is likely consolidation of the uptrend from 1.0013, one more rise to re-test 1.0341 resistance is possible, a... |
New to Investing: Guidelines for SuccessEven if you have a good job and earn a lot of money, you need to invest to grow your money. In addition to having peace of mind, you will be able to secure your future if you invest wisely. If you... |
USDCAD broke above channel resistanceUSDCAD broke above the upper line of the price channel on 4-hour chart, suggesting that the downward movement from 1.0341 (Mar 1 high) had completed at 1.0013 already. Further rise to test 1.0341... |
USDCAD is facing channel resistanceUSDCAD is facing the resistance of the upper line of the price channel on 4-hour chart, a clear break above the channel resistance will indicate that the downtrend from 1.0341 (Mar 1 high) had... |
USD/JPY DAILY as of Thursday, 16 May, 2013US Dollar / Japanese Yen broke above the down trendline at 100.77, five days ago. This is a bullish sign. This down trendline, currently with an ending point at 99.73, may now provide downside... |
EUR/JPY DAILY as of Wednesday, 15 May, 2013A Daily white body has formed yesterday. A Daily engulfing bullish line has formed (where a white candle's real body completely contains the previous black candle's real body). The engulfing bullish... |
USD/JPY DAILY as of Wednesday, 15 May, 2013US Dollar / Japanese Yen broke above the down trendline at 100.77, four days ago. This is a bullish sign. This down trendline, currently with an ending point at 99.73, may now provide downside... |
USDJPY continues its upward movement from 98.58USDJPY continues its upward movement from 98.58, and the rise extends to as high as 102.42. Support is at 101.20, as long as this level holds, the uptrend could be expected to continue, and next... |
