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GBPCHF – British Pound To Bounce Post Positive UK Retail Sales

Key Points The British Pound bounced and traded above the 1.2400 resistance against the Swiss Franc. There was a break above a bearish trend line with resistance at 1.2390 on the hourly chart of GBPCHF. Today, the UK’s Retail Sales …

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EURAUD – Euro Approaching 1.4150 Vs Aussie Dollar

Key Points The Euro moved higher and settled above the 1.4100 resistance against the Aussie dollar. There is a nice connecting bullish trend line with support at 1.4100 formed on the hourly chart of EURAUD. Today in the Euro Zone, …

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EURJPY – Euro About To Cut lose Against Japanese Yen

Key Points The Euro moved down sharply against the Japanese yen and traded below 121.00. There is a descending channel pattern with support at 120.30 formed on the hourly chart of EURJPY. The Bank of Japan Monetary Policy Meeting Minutes …

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AUDUSD – Aussie Dollar Under Pressure Below 0.7700 Vs USD

Key Points The Aussie Dollar struggled recently against the US Dollar and moved below a major support at 0.7700. There was a break below two bullish trend lines with support at 0.7710 and 0.7680 on the hourly chart of AUDUSD. …

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GBPJPY – Can Positive UK CPI Push British Pound Above 140.50?

Key Points The British Pound is currently trading above the 140.00 handle against the Japanese yen. There is a clear bearish trend line resistance formed near 140.50 on the hourly chart of GBPJPY. Today in the UK, the Consumer Price …

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EURUSD – Euro Heading Higher Towards 1.0840 Vs Dollar

Key Points The Euro maintained its bullish bias against the US Dollar, and moved above 1.0750. There was a break above a channel with resistance near 1.0775 on the hourly chart of EURUSD. Today in the Euro Area, the Spanish …

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EURCHF – Euro Testing Crucial Resistance Near 1.0750 Vs CHF

Key Points The Euro remained above the 1.0680 support against the Swiss Franc, and traded higher. There is a bullish trend line with support at 1.0680 formed on the hourly chart of EURCHF. Today in the Euro Area, the quarterly …

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GBPUSD – British Pound Bounce Looks Real Vs US Dollar

Key Points The British Pound made a nice upside move recently, as it climbed above 1.2400 against the US Dollar. There are two bullish trend lines with support at 1.2400 formed on the hourly chart of GBPUSD. Today in the …

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AUDUSD – Aussie Dollar Remains Sell On Rallies Vs Dollar

Key Points The Aussie dollar was under pressure, and traded towards 0.7500 against the US Dollar. There is a major resistance at 0.7540 and a bearish trend line formed on the hourly chart of AUDUSD. Today in Australia, the Home …

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USDJPY – US Dollar To Extend Rise Towards 115.60 Vs Japanese Yen

Key Points The US Dollar surged higher today and traded above 115.00 against the Japanese yen. There are two bullish trend lines with support at 115.15 and 114.80 formed on the hourly chart of USDJPY. Today, the Japanese Business Survey …

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