USDCAD continued its upward movement from 1.0619 (Jul 3, 2014 low), and the rise extended to as high as 1.2456. Further rise is still possible after a minor consolidation, and next target would be at 1.3000 area....
USDJPY is forming a sideways consolidation in a range between 115.56 and 121.84. The sideways movement could be seen to continue in a couple of weeks. As long as 115.56 support holds, the uptrend from 101.06 (Jul...
AUDUSD stays below the downward trend line on daily chart, and remains in downtrend from 0.9504 (Jul 1, 2014 high), and the downward movement extended to as low as 0.7880. As long as the trend line resistance...
GBPUSD stays below the downward trend line on daily chart, and remains in downtrend from 1.7190 (Jul 15, 2014 high), and the downward movement extended to as low as 1.4950. As long as the trend line resistance...
EURUSD’s downward movement from 1.3993 (May 8, 2014 high) extended to as low as 1.1115. Further decline is still possible after a minor consolidation, and next target would be at 1.0500 area. Near term resistance is at...
USDCAD’s upward movement from 1.0619 (Jul 3, 2014 low) extended to as high as 1.2046. Near term support is at 1.1800, as long as this level holds, the uptrend could be expected to continue, and next target...
USDJPY stays in a trading range between 115.56 and 121.84. As long as 115.56 support holds, the price action in the range could be treated as consolidation of the uptrend from 101.06 (Jul 10, 2014 low), one...
No changed in our view, AUDUSD remains in downtrend from 0.9504 (Jul 1, 2014 high), the rise from 0.8032 is likely consolidation of the downtrend. Resistance is at the top of the price channel on daily chart,...
GBPUSD remains in downtrend from 1.7190 (Jul 15, 2014 high), the rise from 1.5034 is likely consolidation of the downtrend. Resistance is located at the downward trend line on daily chart, as long as the trend line...
EURUSD continued its downward movement from 1.3993 (May 8, 2014 high), and the fall extended to as low as 1.1459. Further decline could be expected after a minor consolidation, and next target would be at 1.1000 area....
