USDCAD continued its sideways movement in a range between 1.2352 and 1.2835. The price action in the range is likely consolidation of the long term uptrend from 1.0619 (Jul 3, 2014 low). Another rise to test 1.2835...
USDJPY is now in uptrend from 118.33. Further rise could be expected after a minor consolidation, and next target would be at 121.50 area. Support is at 119.50, only break below this level could trigger another fall...
AUDUSD’s bounce from 0.7532 extended to as high as 0.7738. As long as 0.7750 resistance holds, the bounce could be treated as consolidation of the downtrend from 0.7938, another fall to 0.7400 area could be expected after...
GBPUSD broke below 1.4634 support. Further decline could be expected, and next target would be at 1.4400 area. Resistance is at 1.4735, only break above this level will indicate that the downtrend from 1.4994 is complete, then...
EURUSD’s downward movement from 1.1052 extended to as low as 1.0567. Further decline to test 1.0462 support is possible, a breakdown below this level will confirm that the long term downtrend from 1.3993 (May 8, 2014 high)...
USDCAD continued its sideways movement in a range between 1.2351 and 1.2835. As long as 1.2351 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.0619 (Jul 3, 2014...
USDJPY is forming a sideways consolidation in a range between 115.56 and 122.02. Support is at 115.56, as long as this level holds, the uptrend from 101.06 (Jul 10, 2014 low) could be expected to resume, and...
AUDUSD remains in downtrend from 0.9504 (Jul 1, 2014 high). Further decline could be expected over the next several weeks, and next target would be at 0.7000 area. Key resistance is now at 0.7938, only break above...
GBPUSD broke below 1.4634 support, indicating that the downtrend from 1.7190 (Jul 15, 2014 high) has resumed. Further decline could be expected, and next target would be at 1.4000 area. Near term resistance is at 1.4800, only...
EURUSD stayed in the downward price channel on daily chart, and remains in downtrend from 1.3993 (May 8, 2014 high). Resistance is located at the top of the channel, as long as the channel resistance holds, the...
