USDJPY broke above 118.86 resistance, indicating that the uptrend from 115.85 has resumed. Further rise to test 120.82 resistance could be expected, a break of this level will target 125.00 area. Support is at 117.60, only break...
No changed in our view, AUDUSD remains in downtrend from 0.8294, the rise from 0.7625 could be treated as consolidation of the downtrend. Range trading between 0.7625 and 0.7950 would likely be seen over the next several...
GBPUSD broke above 1.5268 resistance, indicating that the downtrend from 1.5785 (Dec 16, 2014 high) had completed at 1.4950 already. Further rise is still possible, and next target would be at 1.5500 area. Support levels are at...
EURUSD remains in downtrend from 1.2569 (Dec 16, 2014 high), the rise from 1.1097 would possibly be consolidation of the downtrend. Range trading between 1.1097 and 1.1650 would likely be seen over the next several days. Key...
USDCAD stays above the upward trend line on daily chart, and remains in uptrend from 1.0619 (Jul 3, 2014 low), the fall from 1.2797 is likely consolidation of the uptrend. Range trading between 1.2250 and 1.2797 would...
USDJPY continued its sideways movement in a range between 115.56 and 121.84. Support is at 115.56, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 101.06 (Jul 10,...
AUDUSD stays below the downward trend line on daily chart, and remains in downtrend from 0.9504 (Jul 1, 2014 high), and the rise from 0.7625 is likely consolidation of the downtrend. Resistance is located as the trend...
GBPUSD is facing the resistance of the downward trend line on daily chart. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 1.4500 area. However,...
EURUSD’s bounce from 1.1097 extended to as high as 1.1533. Near term resistance is at 1.1600, as long as this level holds, the bounce could be treated as consolidation of the downtrend from 1.3993 (May 8, 2014...
USDCAD remains in uptrend from 1.1191 (Nov 21, 2014 low), the fall from 1.2797 would possibly be consolidation of the uptrend. Range trading between 1.2200 and 1.2797 would likely be seen over the next several days.
