USDCHF’s fall from 0.9751 extends to as low as 0.9264. Further decline to test 0.9130 support could be expected next week, a breakdown below this level will indicate that the downtrend from 0.9838 has resumed, then the...
USDJPY continues its sideways movement in a range between 93.79 and 103.73. Key support is at 93.79, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend...
AUDUSD is facing 0.9344 key resistance, as long as this level holds, the rise from 0.8998 could be treated as consolidation of the downtrend from 1.0582, and one more fall towards 0.8500 is still possible.
GBPUSD’s rise from 1.4813 extends to as high as 1.5433. The uptrend could be expected to continue next week, and next target would be at 1.5600 area.
EURUSD is facing 1.3415 resistance, as long as this level holds, the price action from 1.2747 could be treated as consolidation of the downtrend from 1.3711, and one more fall towards 1.2500 is still possible after consolidation.
USDCAD is now in downtrend from 1.0608. Further decline could be expected next week, and the first target would be at 1.0150 area. Key support is at 1.0137, a breakdown below this level could signal completion of...
USDCHF’s downward movement from 0.9751 extended to as low as 0.9353. Further decline could be expected, and next target would be at 0.9150 area. Key support is at 0.9130, a breakdown below this level could trigger another...
USDJPY is forming sideways movement in a range between 93.79 and 103.73, the price action in the range is likely consolidation of the uptrend from 75.57 (Oct 31, 2011 low). The sideways movement could be expected to...
AUDUSD remains in downtrend from 1.0582, the rise from 0.8998 could be treated as consolidation of the downtrend. Key resistance is at 0.9344, as long as this level holds, the downtrend could be expected to resume, and...
After touching 1.4831 support, GBPUSD rebounded strongly from 1.4813, and the rise extended to as high as 1.5281. Further rally would likely be seen next week, and next target would be at 1.5550 area.
