USDJPY’s upward movement from 93.79 extends to as high as 101.22. Further rise to test 103.73 previous high resistance would likely be seen next week, a break above this level could signal resumption of the long term...
AUDUSD remains in downtrend from 1.0582, and the fall extends to as low as 0.9037. Resistance is located at the downwards trend line on daily chart, as long as the trend line resistance holds, the downtrend could...
GBPUSD breaks below 1.5008 support, suggest that the downtrend from 1.6339 has resumed. Further decline could be expected over the next several weeks, and the target would be at 1.4000 area.
EURUSD is facing 1.2796 support, a breakdown below this level will confirm that the downtrend from 1.3711 has resumed, then the following downward movement could bring price to 1.2000 area.
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USDCAD’s upward movement from 1.0137 extends to as high as 1.0556. Further rise is still possible next week, and next target would be at 1.0700 area. Support is at 1.0400, only break below this level could signal...
No changed in our view, USDCHF remains in downtrend, the rise from 0.9130 is treated as correction of the downtrend. Resistance is at 95.70, as long as this level holds, the downtrend could be expected to resume,...
USDJPY’s rise from 93.79 extends to as high as 99.44. Further rise is still possible next week, and next target would be at 101.00 – 102.00 area. Now the price action from 103.73 is likely consolidation of...
AUDUSD stays below a downward trend line on daily chart, and remains in downtrend from 1.0582, and the fall extends to as low as 0.9113. Further decline is still possible after a minor consolidation, and next target...
GBPUSD is facing the support of the lower line of the price channel on daily chart. A clear break below the channel support will indicate that the downtrend from 1.6339 has resumed, then the following downward movement...