The pair started the day with a decline and remained at the resistance level. If the price drops to 1.03890, the next target will be 1.03600.
Starting the week with a decline, the pair received significant support and points out that the price will go up. The current target for the chart to rise is 0.63860.
The pair, which was on the rise monthly, caught a strong resistance level. Currently, the price's bearish target is 0.97250.
The pair, which started the week with rising, is now moving towards a correction. If the price rises to a maximum of 1.95830, it may experience a strong decline.
EUR/USD jumped sharply higher on Friday and closed the week out on a strong note, ending a prior four-week losing streak.
After rising to its highest level in more than a month at 1.3206 on Tuesday, the USD/CAD pair lost its traction and closed the day in the negative territory as the decisive recovery witnessed in crude oil prices helped the commodity-sensitive CAD find demand. With the market action turning subdued ahead of the FOMC's monetary policy announcements, the pair is...
The pair has reached a bottom level today at 08:00 (GMT). This level passes as the bottom of Elliot and the price rises from this level.
USDCHF is downward in the long-term outlook. On the hourly chart, the decline continues Elliot.
The Australian and New Zealand dollars crept up slightly, although gains were capped as investors look to Australian jobs data due on Thursday for a crucial clue to the next move for Australian interest rates.
GBP/USD started to look like it had some bullish potential last week after it bounced from a major support level , however, the pair quickly reversed course after retail sales in the UK fell short of expectations.
The Pound Australian Dollar (GBP/AUD) exchange rate is ticking lower this morning as a lacklustre UK consumer price index stokes speculation for a Bank of England (BoE) rate cut this month.
The pair, which started the week with the rise, is now moving horizontally. If the price breaks up the 1.45800 level, the target will be 1.46100.
The pair, which started the day with a decline, is showing an upward trend. If the chart breaks up 0.86850, the target will be 0.87300.
The pair saw resistance near the 0.86820 level. However, even if the withdrawal continues for some more time, we will follow some upward approach as long as it continues to be traded.
Following weeks of limp and weak performance, the Euro to US Dollar ( EUR/USD ) exchange rate appears to be on track to sustain solid gains this week. A combination of poor US data and global trade concerns is causing US Dollar (USD) losses. After opening this week at the level of 1.1017, EUR/USD saw mixed movement until a shock contraction in US manufacturing was...
The EUR / JPY, which started the week against the resistance of 120.870, is moving towards the support level. If the price is likely to break the 121.200 level, the 1st target will be 122.350.
The pair, which started the day with a downtrend, is now at a strong resistance level, and if the price breaks down to 109.700, the target will be 109.390.
The USD/CAD pair held steady above the 1.3300 handle, with bulls still awaiting a sustained break through a 5-1/2-month-old descending trend-line resistance.