USDCAD remains in downtrend from 1.2563, and the fall extended to as low as 1.2127. Further decline to test 1.1919 support would likely be seen, a breakdown below this level will signal resumption of the longer term...
USDJPY remains in uptrend from 75.57 (Oct 31, 2011), the fall from 125.85 is likely consolidation of the uptrend. Range trading between 120.00 and 125.85 is possible over the next several weeks. As long as 120.00 support...
AUDUSD moved sideways in a range between 0.7532 and 0.8162, the price action in the range is likely consolidation of the long term downtrend from 0.9504 (Jul 1, 2014 high), another fall towards 0.7000 is still possible...
GBPUSD broke above 1.5814 resistance, indicating that the uptrend from 1.4565 has resumed. Further rise could be expected over the next several weeks, and next target would be at 1.6500 area. Near term support is at 1.5550,...
EURUSD stays in the upward price channel on daily chart, and remains in uptrend from 1.0462. Support is at 1.0819, as long as this level holds, the uptrend could be expected to continue, and further rise to...
USDCAD broke below 1.2350 support, indicating that the uptrend from 1.1919 had completed at 1.2563 already. The pair is now in downtrend, further decline to test 1.1919 support could be expected, a breakdown below this level will...
USDJPY remains in uptrend from 118.88, the fall from 125.85 is likely consolidation of the uptrend. Further rise could be expected after consolidation, and next target would be at 130.00 area. Support is at 121.50, only break...
Being contained by 0.7532 support, AUDUSD formed a sideways consolidation in a narrow range for several days. As long as 0.7532 support holds, the fall from 0.8162 would possibly be correction of the uptrend from 0.7532, another...
GBPUSD failed to break below 1.5080 support, and rebounded from 1.5170. Further rise to test 1.5814 resistance could be expected, a break of this level will indicate that the uptrend from 1.4565 has resumed, then next target...
EURUSD remains in uptrend from 1.0462. Further rise to re-test 1.1533 resistance would likely be seen, a break of this level will confirm that the long term downtrend from 1.3993 (May 8, 2014 high) is complete, then...
