USDCHF remains in downtrend from 0.9817. Deeper decline would likely be seen in a couple of days, and the target would be at 09550 area. Resistance is at 0.9722, only break above this level could trigger another...
USDJPY is testing 117.23 support, as long as this level holds, the fall from 121.84 could be treated as consolidation of the uptrend from 105.32 (Oct 15 low). Sideways movement in a range between 117.23 and 121.84...
AUDUSD’s downward movement from 0.8795 extended to as low as 0.8200. Near term resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to...
GBPUSD stays in the trading range between 1.5541 and 1.5825. The price action in the range is likely consolidation of the downtrend from 1.6182 (Oct 28 high), as long as 1.5825 resistance holds, the downtrend could be...
EURUSD remains in short term uptrend from 1.2247. Further rise to test 1.2599 resistance would likely be seen. Support is at 1.2361, only break below this level will indicate that the uptrend is complete, then the following...
Here are the Top 5 Forex Developments for the trading week between 12/08/14 and 12/12/14: Number One: Chinese Consumer Price Index/Producer Price Index The Chinese economy experienced more problems in November as evident by the consumer price...
EURGBP has been moving inside a rising channel since the start of the month, as the uptrend might carry on. The pair is gearing up to test the top of the range around the .7950 minor psychological...
USDCAD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.1191. Further rise could be expected in a couple of days, and next target would be at 1.1700 area. Support is located...
USDCHF’s downward movement from 0.9817 extended to as low as 0.9618. Further decline could be expected, and the target would be at 0.9550 area. Resistance levels are at 0.9725 and 0.9817, only break above these levels could...
USDJPY is facing 117.23 support, as long as this level holds, the fall from 121.84 could be treated as consolidation of the uptrend from 105.32 (Oct 15 low). Sideways movement in a range between 117.23 and 121.84...
