D: Uptrend price broke above and retested daily trendline 4H: Downtrend, price retraced to 61.8 and came back to 4H trendline so far 1H: Uptrend, price reversed and broke below trendline + RSI is showing currency oversold. CURRENTLY: I'm looking to see if price will respect support

EURUSD rebounded from the previous resistance and then fell back. At present, you can pay attention to the resistance around 1.040. If you encounter resistance in the rebound, you can consider shorting. For the lower support, focus on the support around 1.022. If it breaks through, it is expected to

This analysis is a Bullish scenario for AUDUSD. The daily upward wave continues. If the upward wave of this daily bullish pattern continues, the correction process is propagated to a larger time frame. Therefore, the target is expected to reach around the monthly supply zone. Look for buying opportu

Since the 168.50 top reached in April, GbpJpy has started to trade in a range with a bottom of around 160 zones. Now the pair is approaching the higher boundary of the range and this can offer a good opportunity for bears. Also, the rise from 162 is a rising wedge that can be a signal that bulls are

Daily Pivots: (S1) 105.41; (P) 105.61; (R1) 105.93; Intraday bias in USD/JPY remains neutral as range trading continues. On the upside, break of 105.80 will resume the rebound from 104.00 to 106.94 resistance next. on the downside, break of 104.92 will suggest completion of rebound from 104.00. Intr

AUD/USD sheds 0.20% ahead of Aussie Retail Sales data.  Losses in copper and Bloomberg's commodity index looks to be weighing over the AUD. The Aussie dollar is feeling the pull of gravity during Friday's Asian trading hours alongside the signs of weakness in copper, one of Australia's key exports.

Photo: FM Foreign exchange trading volumes rose to a fresh yearly high in September across Integral’s trading platforms as increased volatility across financial markets led to greater activity on the institutional FX venue. Average daily volumes topped $41 billion last month, which is up ten perce

Photo: Reuters Singapore’s mission to become the foreign exchange (forex) hub in Asia has just gotten one step closer, with Goldman Sachs Group Inc. announcing that it will be setting up an FX trading and pricing platform in the city-state. According to a statement from Goldman Sachs on Tuesday, t

Photo: FM NAGA Group, a German-based broker focusing on social trading, has appointed Andreas Thalassinos as Director of Education. He brings nearly two decades of experience in financial market research, having made thousands of presentations while authoring webinars, educational content, and oth