USDCAD remains in uptrend from 1.0619 (Jul 3, 2014 low), the fall from 1.2797 could be treated as consolidation of the uptrend. Range trading between 1.2250 and 1.2797 would likely be seen in a couple of weeks....
USDJPY moved sideways in the trading range between 115.56 and 121.84. The sideways movement could be expected to continue over the next several weeks. As long as 115.56 support holds, the sideways movement could be treated as...
No changed in our view, AUDUSD remains in downtrend from 0.9504 (Jul 1, 2014 high), the rise from 0.7625 could be treated as consolidation of the downtrend. As long as the trend line resistance holds, the downtrend...
GBPUSD broke above the downward trend line on daily chart, indicating that the downtrend from 1.7190 (Jul 15, 2014 high) had completed at 1.4950 already. Further rally would likely be seen over the next several weeks, and...
EURUSD remains in downtrend from 1.3993 (May 8, 2014 high), the rise from 1.1097 is likely consolidation of the downtrend. Range trading between 1.1097 and 1.1600 would likely be seen in a couple of weeks. As long...
USDCAD stays above the upward trend line on daily chart, and remains in uptrend from 1.0619 (Jul 3, 2014 low), the fall from 1.2797 is likely consolidation of the uptrend. Range trading between 1.2250 and 1.2797 would...
USDJPY continued its sideways movement in a range between 115.56 and 121.84. Support is at 115.56, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 101.06 (Jul 10,...
AUDUSD stays below the downward trend line on daily chart, and remains in downtrend from 0.9504 (Jul 1, 2014 high), and the rise from 0.7625 is likely consolidation of the downtrend. Resistance is located as the trend...
GBPUSD is facing the resistance of the downward trend line on daily chart. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 1.4500 area. However,...
EURUSD’s bounce from 1.1097 extended to as high as 1.1533. Near term resistance is at 1.1600, as long as this level holds, the bounce could be treated as consolidation of the downtrend from 1.3993 (May 8, 2014...
