Although, USDCAD seems to find it extremely difficult to sustain its strength above 1.2800 mark, but now seems to find support near 1.2700 mark. Until the pair continues holding above 1.2700 mark, it could possibly make a fresh attempt to conquer ...

USD/CAD

AUDUSD's inability to clear 0.7500 mark resistance seems to increase the prospects of further downside. The bearish outlook gets confirmed once the pair drops back below 0.7440-35 immediate horizontal support, which if broken would increase its ...

AUD/USD

NZDUSD fails to clear its intermediate resistance near 0.6750-60 area and drops back below 0.6700 mark. A sustained trade below 0.6700-0.6680 area might now drag the pair back towards 0.6600 mark support before aiming lower level support near ...

NZD/USD

CHFJPY on the brisk of extending its recent downward trajectory, should it weakens back below 127.40-20 support area. Expecting the pair to test 125.50 support area, on sustained weakness below 127.00 mark.

CHF/JPY

AUDCAD continues to hold 94.00 mark support, held since Sept. 2013. A decisive break below 94.00 mark would now confirm a break below a descending triangular formation on daily charts, thus opening room for continuing the near-term downward ...

AUDCAD

EURAUD seems all set to reclaim 1.5000 psychological mark and extend its up-move towards testing its next resistance near 1.5080-1.5100 mark.

EUR/AUD

As of now GBPUSD holding 1.5400 mark support. A decisive break below might open room for continuing the near-term weakening trend towards its next major support near 1.5250 level. Would be prudent to close trading long-positions and initiate fresh ...

Cable Update (GBPUSD)

Bang-on... Anticipated the downfall till sub-0.7400 mark on 2nd July and target achieved on 8th July...

AUD/USD

AUDJPY fails to hold a short-term ascending trend-channel support and drops below 90.00 psychological mark support. Any bounce back from lower levels, towards 90.70-90 area now seems to be utilized to initiate fresh short positions for extension of ...

AUD/JPY

Nothing seems to stop NZDUSD from falling to newer lows everyday, but would be prudent to take some profits off the table coz of highly oversold conditions...

NZD/USD

Although not on NFP day, but the pair has clearly broken below an important support near 1.1000 mark and now seems vulnerable to drop back below 1.0900 mark. On decisive weakness below 1.0900, further near-term downside could be witnessed towards ...

EURUSD

Would add to USDCAD long position on a sustained trade above 1.2700 mark for upside momentum trade towards 1.2800 mark. Further, a decisive strength above 1.2800 would open room for extension of upward trajectory towards 1.3000 mark.

USD/CAD

AUDUSD fast approaching my target area near 0.7400 mark...

AUD/USD

So a disappointing manufacturing production turns-up as the trigger for GBPUSD to drop towards testing 1.5500 psychological mark.

Cable Update (GBPUSD)

Although oversold in the near-term, which might lift the pair towards 0.6750-60 support turned resistance area, NZDUSD remains vulnerable to continue drifting lower in the near-term towards testing 0.6560-50 support area, levels tested in May-June ...

NZD/USD

USDCAD turns bullish and seems all set to test 1.2685 intermediate resistance, before heading back towards 2015 daily closing highs resistance near 1.2800 mark. Only a drop back below 1.2580 now seems to negate the bullish outlook.

USD/CAD

GBPUSD waiting for some trigger to break below 1.5500 psychological mark.

Cable Update (GBPUSD)

Markets are pricing-in a possible dovish commentary from RBA, which would suggest the further rate-cut, although not on Tuesday but surely in the near-term. However, given the recent sharp weakness, to me AUDUSD seems to find some support near/below ...

AUD/USD

AUDUSD drops back below 0.7600 mark. Barring a slight scepticism coz of a trading holiday in the US, the weakness is more likely to continue dragging the pair. With RBA scheduled to announce it monetary policy decision on Tuesday, I would bet ...

AUD/USD

AUDUSD seems to be waiting for stronger NFP data to decisively break below 0.7600, which if broken seems to open room for continuation of the downward trajectory. On a decisive break below 0.7600, could be aiming for a drop below 0.7400 ...

AUD/USD