USDCAD continued its upward movement from 1.1919, and the rise extended to as high as 1.2563. Support is at 1.2350, as long as this level holds, the uptrend could be expected to continue, and next target would...
USDJPY’s upward movement from 118.88 extended to as high as 125.85. Further rise could be expected after a minor consolidation, and next target would be at 130.00 area. Near term support is at 123.00, as long as...
AUDUSD is testing 0.7532 support, a breakdown below this level will signal resumption of the long term downtrend from 0.9504 (Jul 1, 2014 high), then next target would be at 0.7000 area. On the other side, as...
GBPUSD’s fall from 1.5814 extended to as low as 1.5170. As long as 1.5080 support holds, the fall could be treated as correction of the uptrend from 1.4565, another rise towards 1.6500 could be expected after correction....
EURUSD stays in the upward price channel on daily chart, and remains in short term uptrend from 1.0462. Further rise to re-test 1.1533 resistance is possible next week, a break of this level will confirm that the...
USDCAD’s upward movement from 1.1919 extended to as high as 1.2538. Further rise is still possible, and next target would be at 1.2700 area. Near term support is at 1.2300, only break below this level will signal...
USDJPY broke above 1.2202 resistance, indicating that the long term uptrend from 75.57 (Oct 31, 2011) has resumed. Further rise could be expected after a minor consolidation, and next target would be at 130.00 area. Near term...
AUDUSD is facing 0.7532 support, a breakdown below this level will indicate that the long term down trend from 0.9504 (Jul 1, 2014 high) has resumed, then the following downward movement could bring price to 0.7000 area....
No changed in our view, GBPUSD remains in uptrend from 1.4565, the pullback from 1.5814 would possibly be correction of the uptrend. Support is at 1.5080, as long as this level holds, the uptrend could be expected...
Being contained by the bottom of the price channel on daily chart, EURUSD rebounded from 1.0819, indicating that the pair remains in short term uptrend from 1.0462. Another rise to test 1.1533 resistance would likely be seen,...