USDCHF broke below 0.8799 previous low, suggesting that the downtrend from 0.9838 (May 22, 2013 high) has resumed. Further decline could be expected, and next target would be at 0.8300 area. Resistance is at 0.8930, only break...
USDJPY remains in downtrend from 105.44, the rise from 100.75 would possibly be correction of the downtrend. As long as 105.44 key resistance holds, the downtrend could be expected to resume, and another fall towards 95.00 would...
AUDUSD failed to break above 0.9085 resistance and pulled back to 0.8903. However, another rise to re-test 0.9085 resistance would likely be seen, a break above this level will signal completion of the downtrend from 0.9756, then...
GBPUSD remains in uptrend from 1.4813 (Jul 9, 2013 low). Initial support is at 1.6580, and the key support is located at the lower line of the price channel on daily chart. As long as the channel...
EURUSD is facing 1.3892 resistance, a break above this level will signal resumption of the uptrend from 1.2747 (Apr 4, 2013 low), then the following upward movement could bring price to 1.4500 area. Support is at 1.3640,...
No changed in our view, USDCAD remains in downtrend from 1.1192, the rise from 1.1054 would possibly be correction of the downtrend. Another fall would likely be seen, and next target would be at 1.0980 area. Resistance...
USDCHF remains in downtrend from 0.9081, the rise from 0.8852 is likely consolidation of the downtrend. Resistance is now at 0.8930, as long as this level holds, the downtrend could be expected to resume, and next target...
USDJPY stays in a trading range between 101.38 and 102.82. As long as 101.38 support holds, the price action in the range could be treated as consolidation of the uptrend from 100.75, another rise to 103.50 area...
After touching 0.8906 support, AUDUSD rebounded to 0.8971, indicating that the pair remains in consolidation of the uptrend from 0.8660. The sideways movement in a range between 0.8906 and 0.9080 could be expected to continue in a...
GBPUSD moves sideways in a trading range between 1.6582 and 1.6730. Support is at 1.6582, a breakdown below this level will confirm that the uptrend from 1.6252 had completed at 1.6822 already, then deeper decline to 1.6400...
