USDCAD’s downward movement from 1.4689 extended to as low as low as 1.3167. Further decline could be expected after a minor consolidation, and next target would be at 1.3000 area. Resistance is at 1.3500, only break above...
USDJPY continued its sideways movement in a range between 110.97 and 114.87. As long as 116.00 resistance holds, the price action in the trading range could be treated as consolidation of the downtrend from 123.75, further decline...
AUDUSD is now in uptrend from 0.6826, and the rise extended to as high as 0.7583. Further rise could be expected after a minor consolidation, and next target would be at 0.8000 area. Support is at 0.7300,...
GBPUSD moved sideways in a range between 1.3835 and 1.4668 for several weeks. Key resistance is at 1.4668, as long as the level holds, the price action in the range could be treated as consolidation of the...
No changed in our view, EURUSD is in uptrend from 1.0517, the fall from 1.1376 is likely consolidation of the uptrend. Key support is at 1.0700, as long as this level holds, the uptrend could be expected...
USDCAD continued its downward movement from 1.4689, and the fall extended to as low as 1.3312. Further decline is still possible in a couple weeks, and next target would be at 1.3000 area. Resistance is at 1.3600,...
USDJPY moved sideways in a trading range between 110.97 and 114.87. The price action in the range is likely consolidation of the downtrend from 123.75. Resistance is at 116.00, as long as this level holds, the downtrend...
AUDUSD broke above 0.7439 resistance, indicating that the long term downtrend from 0.9504 (Jul 1, 2014 high) had completed at 0.6826 already. Further rise could be expected, and next target would be at 0.8000 area. Support is...
GBPUSD remains in downtrend from 1.5929 (Jun 18, 2015 high), the rise from 1.3835 is likely consolidation of the downtrend. Resistance is at 1.4668, as long as this level holds, the downtrend could be expected to continue,...
EURUSD remains in uptrend from 1.0517, the fall from 1.1376 could be treated as correction of the uptrend. Further rise is possible over the next several weeks, and next target would be at 1.2000 area. Support is...
