USDJPY broke above 105.44 (Jan 2 high) resistance, indicating that the long term uptrend from 75.57 (Oct 31, 2011 low) has resumed. Further rise could be expected over the next several weeks, and next target would be...
AUDUSD continued its sideways movement in a range between 0.9202 and 0.9504. The 0.9504 resistance would be tested next week, a break of this level will indicate that the uptrend from 0.8660 has resumed, then next target...
GBPUSD stays below the downward trend line on daily chart, and remains in downtrend from 1.7190, and the fall extended to as low as 1.6280. As long as the trend line resistance holds, the downtrend could be...
EURUSD’s downward movement from 1.3993 extended to as low as 1.2919. Further decline could be expected after a minor consolidation, and next target would be at 1.2700 area. Near term resistance is at 1.3040, as long as...
USDCAD remains in uptrend from 1.0619, the price action from 1.0985 is likely consolidation of the uptrend. Support is at 1.0800, as long as this level holds, the uptrend could be expected to resume, and another rise...
USDCHF remains in uptrend from 0.8699. Further rise could be expected after a minor consolidation, and next target would be at 0.9500 area. Support levels are at 0.9100 and 0.9020, only break below these levels could signal...
USDJPY moved sideways in a range between 100.75 and 105.44. As long as 100.75 key support holds, the price action in the range could be treated as consolidation of the uptrend from 75.57 (Oct 31, 2011 low),...
AUDUSD failed to break below 0.9202 support, and stayed in the trading range between 0.9202 and 0.9504. As long as 0.9202 support holds, the price action in the range could be treated as consolidation of the uptrend...
GBPUSD’s downward movement extended to as low as 1.6536. Resistance is at 1.6650, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.6000 area. Only break above...
EURUSD continued its downward movement from 1.3993, and the fall extended to as low as 1.3129. Further decline could be expected in a couple of weeks, and next target would be at 1.2700 area. Near term resistance...
