No changed in our view, USDCAD remains in uptrend from 1.2460, the fall from 1.3188 could be treated as correction of the uptrend. Another rise could be expected after correction, and next target would be at 1.3600...
After consolidation, USDJPY broke below 105.54 previous low support, and continued its downward movement from 123.75. Further decline could be expected over the next several weeks, and next target would be at 100.00 area. Key resistance is...
AUDUSD remains in downtrend from 0.7834, the price action from 0.7144 could be treated as consolidation of the downtrend. Range trading between 0.7144 and 0.7550 could be expected over the next several weeks. As long as 0.7550...
GBPUSD’s downward movement from 1.4769 extended to as low as 1.4012. Further decline to test 1.3835 support could be expected over the next several weeks. Resistance is at 1.4500, as long as this level holds, the downtrend...
EURUSD is testing the support of the price channel on daily chart. As long as the channel support holds, the fall from 1.1616 could be treated as consolidation of the uptrend from 1.0517, one more rise to...
USDCAD remains in uptrend from 1.2460, the fall from 1.3188 is likely correction of the uptrend. Another rise could be expected after correction, and next target would be at 1.3600 area. Support is at 1.2460, only break...
USDJPY stayed in the trading range between 105.54 and 111.88. As long as 111.88 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 123.75, and further decline to 100.00...
No changed in our view, AUDUSD remains in downtrend from 0.7834, the rise from 0.7144 could be treated as correction of the downtrend. Resistance is at 0.7550, as long as this level holds, the downtrend could be...
GBPUSD broke below 1.4332 support, indicating that the upward movement from 1.3835 had completed at 1.4769 already. Further decline to test 1.3835 support could be expected over the next several weeks. Resistance levels are at 1.4500 and...
EURUSD stays in the upward price channel on daily chart, and remains in uptrend from 1.0517. Key support is now at 1.1097, as long as this level holds, the uptrend could be expected to continue and next...
