Gold takes off again and breaks above the 1300 level and it could reach the 76.4% Fibo at the 1318 level.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

The USDJPY consolidates between the 109.00 and the 110.00 level where we can also find the 200 week EMA. The pair may head in any direction, but it has some important obstacles like the moving average congestion around the 111.00 level and the 200 ...

USD/JPY Discussion

The USDMXN is at the 76.4% Fibo on the daily chart at the 19.00 level after retracing to the downside from the peak at the 20.65 zone in November. The 19.00 level may act as support, but if the pair continues falling, then the low at the 18.50 level ...

USD/MXN -- US Dollar / Mexican Peso

WTI oil continues correcting to the upside and accelerates its bullish momentum to come close to the 53.00 level which could act as resistance along with the 55 day EMA.

WTI Crude Oil Trading

Breakout-pullback pattern on silver. The breakout-pullback pattern is formed when the price of an asset breaks a support or resistance level to then pull back to the same level and continue in direction of the initial breakout. The breakout-pullback ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

The pullback on the USDJPY continues since it registered the most recent low at the 104.63 level. The pair rallies to the 109.00 zone, but it may try to go back down and maybe complete a dead cat bounce formation on the daily chart.

USD/JPY Discussion

A lot of volatility on the AUDUSD, daily chart. The pair drops to the 0.6728 level and bounces back up to the 0.7019 level where it was previous to the drop. The pair may consolidate around the current levels.

AUD/USD

The USDJPY accelerates its bearish momentum below the 111.00 level and it could continue falling to the 110.00 level. In case of a bullish retracement, its next resistance could be the 200 day EMA at the 111.83 level.

USD/JPY Discussion

The EURJPY tries to break below the 128.00 level, but it is leaving behind a long lower shadow on the daily chart. The pair may once again find a support at the 128.00 zone and stay boxed between that level and the 129.00 level.

EUR/JPY

The USDJPY consolidates around the 113.35 level and it still has a good resistance at the 114.00 zone and a support at the 113.00 level where we can also find the 55 day EMA.

USD/JPY Discussion

The AUDUSD has not been able to break above the 55 day EMA at the 0.7226 level and leaves another false breakout above that zone. The pair seems to be completing a breakout-pullback pattern around that moving average. To the upside, its next ...

AUD/USD

Silver is heading higher. The price of silver has been consolidating between the 14.00 level and the 15.00 level during the past 5 months as shown on the daily chart. The current consolidation ends with the bearish trend on this timeframe. The ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

The USDCAD goes back up and reaches the 1.3400 level, but the peak at the 1.3443 level could act as resistance. To the downside, the 1.3300 level is its most relevant support zone.

USD/CAD

After reaching a high around the 1.3443 level, the USDCAD drops below the 1.3300 level and leaves behind a long lower shadow. The candle is showing that the bulls may be taking control of the market.

USD/CAD

The GBPUSD stays in a brearish channel with high volatility, but the pair is really stuck between the 1.2800 level and the lows at the 1.2694 and the 1.2660.

Cable Update (GBPUSD)

The EURUSD consolidates further around the 1.1342 level without taking a clear direction. The pair sill has a good support at the 1.1300 level and a good resistance at the 1.1400 level, with the 55 day EMA just above that level. Below the 1.1300 ...

EURUSD only

The USDCAD manages to leave behind two false breakouts below the 1.3200 level as shown on the daily chart. There is a slight bullish trend with the 55 day EMA acting as support, but the pair has been very volatile. To the upside, the 1.3300 zone ...

USD/CAD

The USDMXN is really trapped between the 20.00 level as support and the 20.63 level as resistance. To the upside, its most important resistance is at the 21.00 level and below the 20.00 level, its next support could be the 19.68 level.

USD/MXN -- US Dollar / Mexican Peso

The EURUSD leaves a false breakdown below the 1.1300 level and goes back up to the 1.1400 zone which could act again as resistance. Above the 1.1400 level, its next resistance could be the 55 day EMA around the 1.1427 zone and the 1.1300 could act ...

EURUSD only

The USDCAD keeps a slight bullish trend, but it has not been able to register another higher high, above the 1.3289 level. For now the pair may stay consolidated between the 1.3200 level and the 1.3289 level, around the 1.3250 zone.

USD/CAD