Monthly archive May, 2017

Key Points

• The Aussie Dollar is about to break higher above 83.40 against the Japanese Yen.
• There is a contracting triangle pattern with resistance at 83.35 formed on the hourly chart of AUDJPY.
• Recently in Japan, the All Industry Activity Read More →

Key Points

• The Euro remains in an uptrend against the US Dollar with supports at 1.1220 and 1.1200.
• There are two bullish trend lines with supports at 1.1220 and 1.1200 formed on the hourly chart of EURUSD.
• Today in the Read More →

Key Points

• The British Pound is positioned well above the 1.3000 handle and looking for more gains against the US Dollar.
• There is a decent bullish trend line with support at 1.2995 formed on the hourly chart of GBPUSD.
• Today Read More →