USDCAD’s rise from 1.2831 extended to as high as 1.3317. Further rise to test 1.3456 resistance is possible next week, a break of this level will signal resumption of the uptrend from 1.1919, then next target would...
USDJPY broke above 121.62 resistance, and continued its upward movement from 116.13, and the rise extended to as high as 123.26. Further rise to test 125.85 resistance is possible, a break of this level will indicate that...
AUDUSD stayed in the trading range between 0.6907 and 0.7439. The price action in the range is likely consolidation of the downtrend from 0.9504 (Jul 1, 2014 high), another fall towards 0.6500 could be expected after consolidation....
GBPUSD’s downward movement from 1.5929 extended to as low as 1.5027. Further decline could be expected over the next several weeks, and next target would be at 1.4700 area. Resistance is located at the downward trend line...
EURUSD continued its downward movement from 1.1713, and the fall extended to as low as 1.0705. Further decline to test 1.0462 (Mar 13 low) support could be expected, a breakdown below this level will indicate that the...
USDCAD’s rise from 1.2831 extended to as high as 1.3279. However, the rise would possibly be correction of the downtrend from 1.3456, another fall to 1.2500 area to complete the downward movement is possible. Near term resistance...
USDJPY is testing 121.62 resistance, a break of this level will signal resumption of the uptrend from 116.13, then the following upward movement could bring price to 125.00 area. Support levels are at 118.16 and 116.13, only...
AUDUSD continued its sideways movement in a range between 0.6907 and 0.7439. As long as 0.7439 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 0.9504 (Jul 1, 2014 high), another fall...
GBPUSD remains in downtrend from 1.5929. Further decline could be expected over the next several weeks, and next target would be at 1.4700 area. Resistance is located at the top of the price channel on daily chart,...
EURUSD’s downward movement from 1.1713 extended to as low as 1.0896. Further decline could be expected, and next target would be at 1.0600 area. Resistance is located at the downward trend line on daily chart, as long...
