AUDUSD is facing 0.7532 support, a breakdown below this level will indicate that the long term down trend from 0.9504 (Jul 1, 2014 high) has resumed, then the following downward movement could bring price to 0.7000 area....
No changed in our view, GBPUSD remains in uptrend from 1.4565, the pullback from 1.5814 would possibly be correction of the uptrend. Support is at 1.5080, as long as this level holds, the uptrend could be expected...
Being contained by the bottom of the price channel on daily chart, EURUSD rebounded from 1.0819, indicating that the pair remains in short term uptrend from 1.0462. Another rise to test 1.1533 resistance would likely be seen,...
USDCAD broke above the top of the price channel on daily chart, indicating that the downtrend from 1.2835 had completed at 1.1919 already. Further rise could be expected, and next target would be at 1.2650 area. Support...
USDJPY is facing 122.02 resistance, a break of this level will indicate that the long term uptrend from 75.57 (Oct 31, 2011) has resumed, then the following upward movement could bring price to 130.00 area. Key support...
AUDUSD remains in uptrend from 0.7532, the fall from 0.8162 is likely consolidation of the uptrend. Support is at 0.7750, as long as this level holds, the uptrend could be expected to continue, and next target would...
GBPUSD remains in uptrend from 1.4565, the fall from 1.5814 is likely consolidation of the uptrend. Support is at 1.5080, as long as this level holds, the uptrend could be expected to continue, and next target would...
EURUSD failed to break above 1.1533 resistance, indicating that the pair remains in downtrend from 1.3993 (May 8, 2014 high), and the price action from 1.0462 would possibly be consolidation of the downtrend. Further decline would likely...
USDCAD’s downward movement from 1.2835 extended to as low as 1.1919. Further decline could be expected over the next several weeks, and next target would be at 1.1500 area. Resistance is at the top of the price...
USDJPY is forming a sideways movement in a range between 115.56 and 122.02. As long as 115.56 support holds, the price action in the range could be treated as consolidation of the uptrend from 75.57 (Oct 31,...
