Capital Spending in Japan plunged to 2.2 percent in Q3 from the 3.7 percent forecast and the 7.7 percent reading in Q2. The fall of the nation’s Core CPIs for a sixth straight month in the year...
USDCAD is testing the support of the upward trend line on daily chart, a clear break below the trend line support will indicate that the uptrend from 0.9632 had completed at 1.0055 already, then the following downward...
USDCHF is facing 0.9214 support, a breakdown below this level could signal resumption of the downtrend from 0.9971, then the target would be at 0.8500 area.
USDJPY stays above a upward trend line on daily chart, and remains in uptrend from 77.14, the fall from 82.83 is treated as consolidation of the uptrend. Initial support is at 81.65, as long as this level...
AUDUSD stays within a upward price channel on daily chart, and remains in uptrend from 1.0149, and the rise extends to as high as 1.0488. Further rise is still possible next week, and next target would be...
GBPUSD is now facing the downward trend line on daily chart, a clear break above the trend line resistance will indicate that the downtrend from 1.6309 had completed at 1.5827 already, then further rise to test 1.6309...
EURUSD’s upward movement from 1.2661 extends to as high as 1.3027. Further rise to test 1.3171 resistance would likely be seen, a break above this level will confirm that the uptrend from 1.2042 has resumed, then the...
The USD/JPY pair had a strong showing on Friday, but did pullback from the 82.50 level. Right now though, it must be said that with the Wednesday hammer, it does look like we’re going higher.
The USD/CAD pair did very little during the session on Friday, as we continue to tread water just above the 0.99 handle. The range has been fairly tight over the last several sessions, and it appears that...
The GBP/USD pair had a wild session on Friday as we ended up lower, but after breaking the 1.6050 handle. Nonetheless, we see the 1.60 level is very supportive, mainly based upon the Wednesday candle that was...
