USDCAD’s downward movement extended to as low as 1.3504. Deeper decline is still possible next week, and next target would be at 1.3200 area. Resistance is at 1.3870, only break above this level could signal completion of...
USDJPY is in consolidation of the downtrend from 123.75. Range trading between 110.97 and 116.00 is possible in a couple of weeks. Resistance is at 116.00, as long as this level holds, the downtrend could be expected...
AUDUSD’s rise from 0.6826 extended to as high as 0.7258. Further rise to test 0.7439 key resistance is possible next week, as long as this level holds, the price action in the range between 0.6826 and 0.7439...
GBPUSD broke below 1.4080 support, indicating that the downtrend from 1.5929 (Jun 18, 2015 high) has resumed. Further decline could be expected, and next target would be at 1.3000 area. Resistance levels are at 1.4300 and 1.4668,...
EURUSD’s fall from 1.1376 extended to as low as 1.0911. Deeper decline to test 1.0700 support is possible next week, as long as this level holds, the fall could be treated as consolidation of the uptrend from...
No changed in our view, USDCAD is in consolidation of the long term uptrend from 0.9406 (Jul 26, 2011 low). Range trading between 1.3400 and 1.4689 is possible over the next several weeks. Support is at 1.3400,...
USDJPY remains in downtrend from 123.75, the rise from 110.97 could be treated as consolidation of the downtrend. Resistance is at 115.00, as long as this level holds, the downtrend could be expected to continue, and next...
AUDUSD stayed in a trading range between 0.6826 and 0.7439 for several months. Key resistance is at 0.7439, as long as this level holds, the price action in the range could be treated as consolidation of the...
GBPUSD is forming a sideways consolidation in a range between 1.4080 and 1.4668. As long as 1.4668 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.5929 (Jun 18, 2015 high), further...
EURUSD remains in uptrend from 1.0517, the fall from 1.1376 is likely consolidation of the uptrend. Further rise could be expected after consolidation and next target would be at 1.2000 area. Support levels are at 1.1000 and...
