USDCAD’s fall from 1.4689 extended to as low as 1.3947. Further decline to test 1.3800 support is possible next week. As long as this level holds, the fall could be treated as consolidation of the uptrend from...
After touching 116.13 support, USDJPY rebounded from 115.97, indicating that the pair remains in long term uptrend from 75.57 (Oct 31, 2011 low), the price action from 125.85 (Jun 5, 2015 high) could be treated as consolidation...
AUDUSD broke above 0.7050 resistance, indicating that lengthier consolidation for the long term downtrend from 0.9504 (Jul 1, 2014 high) is needed. Further rally to 0.7200 area is possible next week. However, as long as 0.7439 key...
GBPUSD is in consolidation of the downtrend from 1.5929. Range trading between 1.4080 and 1.4600 could be seen in a couple of weeks. Resistance is at 1.4600, as long as this level holds, the downtrend could be...
EURUSD moved sideways in a narrow range between 1.0707 and 1.1059 for several weeks. The price action in the range is likely consolidation of the uptrend from 1.0517. Another rise could be expected after consolidation, and the...
USDCAD broke below the upward trend line on daily chart, indicating that the uptrend from 1.2831 had completed at 1.4689 already. Range trading between 1.3800 and 1.4689 could be seen over the next several weeks. Key support...
USDJPY broke below 116.13 support, indicating that the long term uptrend from 75.57 (Oct 31, 2011 low) had completed at 125.85 (Jun 5, 2015 high) already. Further decline could be expected after a minor consolidation, and next...
AUDUSD remains in downtrend from 0.7385, the rise from 0.6826 could be treated as consolidation of the downtrend. Further decline could be expected after consolidation and next target would be at 0.6500 area. Near term resistance is...
GBPUSD remains in downtrend from 1.5929, the bounce from 1.4080 is likely consolidation of the downtrend. Another fall could be expected, and next target would be at 1.3700 area. Near term resistance is now at 1.4500, as...
EURUSD remains in uptrend from 1.0517, the price action from 1.1059 could be treated as correction of the uptrend. Another rise could be expected after correction, and next target would be at 1.2000 area. Support levels are...
