EURUSD is facing 1.1534 resistance, a break of this level will indicate that lengthier consolidation for the downtrend from 1.2569 (Dec 16, 2014 high) is needed, then further rise to 1.1650 – 1.1700 area could be seen....
Outlook 2015: New Perspectives on Euro, Gold & Crude Oil Experienced traders say that sometimes, just 2 or 3 good trades make their entire year. True: If you get in early and ride the trend for a...
USDCAD remains in uptrend from 1.0619 (Jul 3, 2014 low), the fall from 1.2797 could be treated as consolidation of the uptrend. Range trading between 1.2250 and 1.2797 would likely be seen in a couple of weeks....
USDJPY moved sideways in the trading range between 115.56 and 121.84. The sideways movement could be expected to continue over the next several weeks. As long as 115.56 support holds, the sideways movement could be treated as...
No changed in our view, AUDUSD remains in downtrend from 0.9504 (Jul 1, 2014 high), the rise from 0.7625 could be treated as consolidation of the downtrend. As long as the trend line resistance holds, the downtrend...
GBPUSD broke above the downward trend line on daily chart, indicating that the downtrend from 1.7190 (Jul 15, 2014 high) had completed at 1.4950 already. Further rally would likely be seen over the next several weeks, and...
EURUSD remains in downtrend from 1.3993 (May 8, 2014 high), the rise from 1.1097 is likely consolidation of the downtrend. Range trading between 1.1097 and 1.1600 would likely be seen in a couple of weeks. As long...
USDCAD stays in the trading range between 1.2352 and 1.2797. As long as 1.2352 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.1191 (Nov 21, 2014 low), another rise towards 1.3000...
USDJPY failed to break above 120.82 resistance, indicating that lengthier consolidation for the uptrend from 101.06 (Jul 10, 2014 low) is needed. Sideways movement in the range between 115.85 and 120.82 could be expected to continue over...
AUDUSD failed to break below 0.7625 support, and stayed in the trading range between 0.7625 and 0.7875, indicating that lengthier consolidation for the downtrend from 0.8294 is needed. Sideways movement would likely be seen over the next...
