USDJPY’s downward movement from 123.75 extended to as low as 98.97. Further decline could be expected after a minor consolidation, and next target would be at 95.00 area. Resistance is at the downward trend line on daily...
No changed in our view, AUDUSD remains in downtrend from 0.7834, the bounce from 0.7144 could be treated as correction of the downtrend. Further decline could be expected after correction, and next target would be at 0.6900...
GBPUSD broke below 1.3835 previous low support, indicating that the long term downtrend from 1.7190 (Jul 15, 2014 high) has resumed. Further decline could be expected after a minor consolidation, and next target would be at 1.2000...
EURUSD broke below the support of the price channel on daily chart, indicating that the upward movement from 1.0517 had completed at 1.1616 already. Further decline could be expected over the next several weeks, and next target...
The USD/JPY pair fell significantly during the course of the session on Friday, breaking well below the 100 level at one point. However, the market turned around and formed a massive hammer, so if we can break...
The USD/CAD pair broke higher during the course of the day on Friday, breaking above the 1.30 level at one point. We did find quite a bit of resistance above there though, so having said that it...
The GBP/USD pair fell apart during the day on Friday as it was announced out the United Kingdom has voted believe the European Union. Because of this, the British pound sold off drastically as we sliced through...
The EUR/USD pair fell significantly during the course of the session on Friday, as the United Kingdom as voted to leave the European Union. We sliced through the 1.10 level below, but did see quite a bit...
The AUD/USD pair fell rather hard during the day on Friday as the vote result to “leave” the European Union came out of the United Kingdom. We did get a significant bounce though, and ended up forming...
The USD/JPY pair initially fell during the day on Thursday but turned right back around and broke well above the 105 level. By doing so, it looks as if the market is going to continue to show...
