USDCAD’s upward movement from 1.2831 extended to as high as 1.40000. Further rise could be expected after a minor consolidation, and next target would be at 1.4500 area. Support is now at 1.3650, as long as this...
USDJPY is in short term downtrend from 123.75. Deeper decline is still possible next week, and the target would be at 118.00 area. Resistance is at 123.75, only break above this level could trigger another rise towards...
AUDUSD stayed in the trading range between 0.6907 and 0.7439 for several months. As long as 0.7439 resistance holds, the price action in the range could be treated as consolidation of the long term downtrend from 0.9504...
GBPUSD’s downward movement from 1.5929 extended to as low as 1.4865. Near term resistance is at the downward trend line on daily chart, as long as the trend line resistance holds, the downtrend could be expected to...
EURUSD is now in uptrend from 1.0517, the fall from 1.1059 is likely correction of the uptrend. Further rally could be expected after correction, and next target would be at 1.2000 area. Support levels are at 1.0740...
USDCAD broke above 1.3456 resistance, and reached as high as 1.3757, indicating that the uptrend from 1.1919 (May 14 low) has resumed. Further rise could be seen over the next several weeks, and next target would be...
USDJPY broke below 122.00 support, indicating that the short term uptrend from 118.16 had completed at 123.75 already. Deeper decline is still possible in a couple of weeks, and the target would be at 118.00 area. Resistance...
AUDUSD failed to break above 0.7439 resistance, and continued its sideways movement in a range between 0.6907 and 0.7439. Another fall to test 0.6907 support would likely be seen in a couple of weeks, and a breakdown...
GBPUSD stays in a descending wedge pattern on daily chart, and remains in downtrend from 1.5929. Near term resistance is located at the upper border of the wedge, as long as the wedge resistance holds, the downtrend...
EURUSD is now in uptrend from 1.0517. Further rally could be expected after a minor consolidation, and next target would be at 1.2000 area. Support levels are at 1.0740 and 1.0517, only break below these levels could...
