USDCHF’s downward movement extended to as low as 1.0394 level. Resistance is at 1.0675, as long as this level holds, downtrend could be expected to continue, and another fall to 1.0200-1.0300 would more likely be seen.
USDJPY stays below a falling trend line and remains in downtrend from 92.88. As long as the trend line resistance (now at 88.00) holds, downtrend is expected to continue, and another fall towards 84.82 (2009 low) support...
AUDUSD’s bounce from 0.8066 extends to as high as 0.8970 level. Further rise is expected next week and next target would be at 0.9200 area. Key support is at 0.8632, only fall below this level could turn...
GBPUSD stays in a rising price channel on daily chart and remains in uptrend from 1.4230. Support is at 1.5124, as long as this level holds, another rise towards 1.5522 key resistance is possible, a break above...
EURUSD remains in uptrend from 1.1876 and the fall from 1.3028 is treated as consolidation of uptrend. Support is now at 1.2732, as long as this level holds, another rise to 1.3200-1.3300 is still possible next week,...
Forex trading is not actually new in the finance marketplace. In point of fact, it’s not merely acknowledged by large players on the planet, but also by not so big businesses and even individuals lately. At this...
USDCAD stays in a trading range between 1.0138 and 1.0678. Lengthier sideways movement in the range is expected in a couple of weeks. Key resistance is at 1.0678, only rise above this level could indicate that the...
USDCHF continues its downward movement from 1.1730 and the fall extends to as low as 1.0399 level. Resistance is now at 1.0675, as long as this level holds, downtrend could be expected to continue, and another fall...
USDJPY breaks below 86.96 support, suggesting that a cycle top has been formed at 89.15 level on daily chart. Further fall towards 84.82 (2009 low) support would more likely be seen next week, a breakdown below this...
After breaking above 0.8858 resistance, AUDUSD pulled back from 0.8870 level, suggesting that a cycle top is being formed on daily chart. Deeper decline to 0.8400 area would more likely be seen in a couple of weeks....
