AUDUSD’s upwards movement extended to as high as 0.9504. Support is now located at the rising trend line on 4-hour chart. As long as the trend line support holds, the uptrend could expected to continue, and next...
GBPUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.6692. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
EURUSD’s upward movement from 1.3512 extended to as high as 1.3700. Further rise could be expected after consolidation, and next target would be at 1.3800 area. Key support is at the upward trend line on 4-hour chart,...
Each week and calendar month, quantitative analysis is used to determine certain probable price movements which can be forecasted. Previous Monthly Forecast for June 2014 I forecasted that during June, it was probable that AUD/SEK would rise....
USDCAD’s downward movement from 1.0960 extended to as low as 1.0646. Further decline could be expected after a minor consolidation, and next target would be at 1.0500 area. Resistance is at 1.0710, as long as this level...
USDCHF’s downward movement from 0.9012 extended to as low as 0.8861. Further decline is still possible after a minor consolidation, and next target would be at 0.8800 area. Near term resistance is at 0.8900, and the key...
USDJPY remains in downtrend from 102.79, the rise from 101.23 is likely consolidation of the downtrend. Resistance is at 101.85, as long as this level holds, the downtrend could be expected to continue, and next target would...
AUDUSD moved sideways in a trading range between 0.9321 and 0.9444. As long as 0.9321 key support holds, the price action in the range could be treated as consolidation of the uptrend from 0.9208, another rise to...
GBPUSD’s upward movement from 1.6692 extended to as high as 1.7114. Near term support is at 1.7050, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.7200...
EURUSD broke above 1.3676 key resistance, indicating that the downtrend from 1.3993 (May 8 high) had completed at 1.3502 already. Near term support is at 1.3650, as long as this level holds, the uptrend from 1.3512 could...
