USDCAD’s upward movement from 1.0182 extended to as high as 1.1173. Further rise could be expected after a minor consolidation, and next target would be at 1.1500 area. Initial support is at 1.1000, and the key support...
Being contained by the upper line of the price channel on daily chart, USDCHF dropped down from 0.9156. The fall would possibly be resumption of the downtrend from 0.9751. Further decline to test 0.8799 previous low support...
USDJPY broke below 102.85 support, suggesting that the uptrend from 96.57 had completed at 105.44 already. Further decline would likely be seen over the next several weeks, and the target would be at 95.00 area. Key resistance...
AUDUSD’s downward movement from 0.9756 extended to as low as 0.8660. Resistance is located at the downward trend line on daily chart, as long as the trend line resistance holds, the downtrend could be expected to continue,...
GBPUSD’s upward movement from 1.5854 extended to as high as 1.6668. Support is now located at the upward trend line on daily chart, as long as the trend line support holds, the uptrend could be expected to...
EURUSD is in consolidation of the uptrend from 1.2747 (Apr 4, 2013 low). The sideways movement in the range between 1.3296 and 1.3892 could be expected to continue over the next several weeks, and one more fall...
The USD/JPY pair fell during the session on Friday, slamming into the 102 level. That area offered enough support to keep the market afloat, but as a result this market still looks quite a bit negative. However,...
The USD/CAD pair fell during the session on Friday, triggering the bottom of the shooting star and various sell signals. However, the 1.10 level should be supportive going forward, and as a result we are looking for...
The GBP/USD pair fell hard during the session on Friday, but found the 1.65 level supportive yet again. With that, we feel that the market will more than likely look for some type of supportive candle in...
The EUR USD pair rose during the session initially on Friday, but as you can see pulled back enough to form a nice shooting star. The shooting star is at the 1.37 level, an area that we...
