EURUSD remains in downtrend from 1.3993 (May 8, 2014 high), the rise from 1.0462 is likely consolidation of the downtrend. Resistance is located at the top of the channel, as long as the channel resistance holds, the...
USDCAD continued its sideways movement in a range between 1.2352 and 1.2835. Deeper decline would likely be seen, and the target would be at 1.2450 area. Key resistance is at 1.2835, only break above this level could...
USDJPY is in downtrend from 122.02, the rise from 118.33 could be treated as consolidation of the downtrend. Resistance is at 120.36, as long as this level holds, the downtrend could be expected to continue, and next...
AUDUSD broke below 0.7560 support, indicating that the long term downtrend from 0.9504 (Jul 1, 2014 high) has resumed. Further decline could be expected after a minor consolidation, and next target would be at 0.7400 area. Resistance...
GBPUSD remains in uptrend from 1.4634. Another rise could be expected, and the target would be at 1.5350 area. Resistance is at 1.5000, a break of this level could signal resumption of the uptrend. Key support is...
EURUSD broke above the channel resistance, indicating that the downward movement from 1.1052 had completed at 1.0713 already. Further rise to test 1.1052 resistance could be expected, a break of this level could bring price to 1.1150...
USDCAD is forming a sideways consolidation in a range between 1.2352 and 1.2835. Deeper decline would likely be seen, and the target would be at 1.2450 area. Key resistance is at 1.2835, only break above this level...
USDJPY remains in downtrend from 122.02, the rise from 118.33 is likely consolidation of the downtrend. Resistance is at 120.36, as long as this level holds, the downtrend could be expected to resume, and further decline to...
AUDUSD is testing 0.7560 support, a breakdown below this level will signal resumption of the long term downtrend from 0.9504 (Jul 1, 2014 high), then the following downward movement could bring price to 0.7000 area. Resistance is...
GBPUSD remains in uptrend from 1.4634. Further rise could be expected, and the target would be at 1.5350 area. Resistance is at 1.5000, a break of this level could signal resumption of the uptrend. Key support is...
