USDCHF is facing 0.9126 resistance, a break above this level will signal resumption of the uptrend from 0.8799, then further rise towards 0.9400 could be seen. On the downside, as long as 0.9126 resistance holds, the rise...
USDJPY’s bounce from 102.85 extends to as high as 104.88. Further rise to test 105.44 resistance could be expected, a break above this level will signal resumption of the uptrend from 96.57 (Oct 8, 2013 low), then...
AUDUSD breaks below 0.8820 support, indicating that the downtrend from 0.9756 (Oct 23, 2013 high) has resumed. Further decline could be expected after a minor consolidation, and next target would be at 0.8700 area. Resistance is at...
GBPUSD broke below 1.6337 support, suggesting that lengthier consolidation of the uptrend from 1.5854 (Nov 12, 2013 low) is underway. Deeper decline would likely be seen, and next target would be at 1.6270 area. Support is now...
EURUSD’s fall from 1.3699 extended to as low as 1.3581. As long as 1.3548 key support holds, the fall could be treated as correction of the uptrend from 1.3548, one more rise to 1.3800 area is still...
The USD/JPY pair rose during the session on Wednesday, but failed to break above the 105 level. However, we do feel that this market is eventually going to do so, and believe that long-term opportunities will present...
The USD/CAD pair initially rose during the session on Wednesday, almost touching the 1.10 level. As you can tell, the market did pull back from that area though, and we did in fact end up forming a...
The GBP/USD pair fell during the session on Wednesday, going all the way down to the 1.6350 area. However, that area has offered support yet again, and as a result it looks like we’re simply going to...
The EUR/USD pair fell during the session on Wednesday, testing the 1.36 level. The area is the beginning of significant support all the way down to the 1.3550 handle, so therefore we need to close below that...
The AUD/USD pair fell during the session on Wednesday, testing the 0.89 level for support. That area of course offered support, and therefore we bounce slightly from it. However, we believe that the market will continue to...
