EURUSD remains in downtrend from 1.3905, the rise from 1.3790 could be treated as consolidation of the downtrend. Further decline would likely be seen, and the target would be at 1.3750 area. Resistance levels are at 1.3865...
USDCAD remains in downtrend from 1.1278, the rise from 1.0857 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.0600 area. Resistance levels are at 1.1100 and...
USDCHF remains in downtrend from 0.9751 (Jul 9, 2013 high), the price action from 0.8699 could be treated as consolidation of the downtrend. Range trading between 0.8699 and 0.8952 would likely be seen over the next several...
USDJPY is now in downtrend from 105.44, the price action from 100.75 could be treated as consolidation of the downtrend. Key support is at 100.75, a breakdown below this level will indicate that he downtrend has resumed,...
AUDUSD remains in uptrend from 0.8660, the fall from 0.9461 is likely consolidation of the uptrend. Support is at the lower line of the price channel on daily chart. As long as the channel support holds, the...
GBPUSD broke above 1.6822 resistance, indicating that the uptrend from 1.4813 (Jul 9, 2013 low) has resumed. Further rise could be expected, and next target would be at 1.7200 area. Near term support is at the lower...
EURUSD remains in uptrend from 1.2747 (Apr 4, 2013 low), the price action from 1.3966 could be treated as consolidation of the uptrend. Range trading between 1.3672 and 1.3966 would likely be seen over the next several...
USDCAD remains in uptrend from 1.0857. Further rise could be expected after a minor consolidation, and next target would be at 1.1100 area. Support is at 1.0940, only break below this level could signal completion of the...
USDCHF is now in uptrend from 0.8743. Further rise could be expected, and next target would be at 0.8900 area. Support is now at 0.8775, only break below this level will indicate that he uptrend from 0.8743...
USDJPY’s bounce from 101.32 extended to as high as 102.56. However, the bounce is likely consolidation of the downtrend from 104.12. Resistance is now at 102.75, as long as this level holds, the downtrend could be expected...
