AUDUSD is testing 0.9252 resistance, and further rise to 0.9400 area to reach the next cycle top on daily chart could be seen if 0.9252 resistance gives way. However, rebound from 0.8953 is treated as correction to...
GBPUSD is in down trend. Rebound from 1.9736 is treated as consolidation to the down trend. Further fall to test 1.9337 previous low support is still in favor after consolidation. As long as 2.0193 resistance holds, we’d...
EURUSD traded in a range between 1.5342 and 1.5902 for 3 weeks. Pullback to retest 1.5342 key support would more likely be seen next week and a break of this level will signal the reversal to the...
Today’s US Dollar Trading • USD two-sided and volatile• Ends New York mixed• ADP data fails to inspire Overnight Preview • Look for more two-way action, traders expect stops to be tagged• Technical trade likely as news will...
Today’s US Dollar Trading • USD rallies hard on stops and new buying• ISM data better than expected Overnight Preview • Follow-through likely but two-way action could result• Big day for GBP Wednesday Looking Ahead • 7:15 AM...
USDCAD is testing 1.0378 previous high resistance, consolidation will more likely be seen before break above this level. Key support is now located at 1.0094, a break of this level will indicate that the up trend from...
USDCHF rebounds from 0.9870, as long as this level holds, we’d expected up trend to continue and further rally to 1.0450 area to reach the next cycle top on daily chart is possible, and a break of...
USDJPY rises sharply to as high as 102.15 after consolidation. Further rally to test 103.59 resistance is expected in the next several days. Key support is now located at 98.55, only break of this level will signal...
AUDUSD is in consolidation to the down trend. A break below 0.8953 will signal the resumption of the down trend, and further fall to retest 0.8512 previous low support could be seen. Near term resistance is now...
GBPUSD breaks below 1.9736 support and down trend resumes. Further fall to test 1.9337 previous low support is expected. Near term resistance is now at 2.0193, as long as this resistance holds, we’d expect down trend to...
