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AUDUSD heading towards critical support level, cautious bulls wait

The Aussie dollar has sharply fallen against the might U.S dollar after it hit the 200 days SMA on the daily chart. The bulls lost most of the bullish momentum in the global market after it hit the major resistance level at 0.78128.Prior to the closing last trading week, the AUDUSD pair breached a major

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Bulls taking charge, USDJPY surge higher

The USDJPY pair found some solid resistance at 114.696 and from that level, the sellers have managed to take control of this market. The recent performance of the U.S economy is not up to the mark and the ongoing issue regarding FED rate hike policy has created massive cloud into the mind of optimistic dollar

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GBPUSD heading towards long-term bearish trend line, cautious investors wait

The medium-term bullish trend of the GBPUSD pair is still intact and the bulls are slowly pushing this pair towards the major bearish trend line resistance at 1.42050.Most of the leading investors have already gone long after the pair hit the 50% bullish retracement level on the daily chart. Traders are expecting a decent fall

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