No changed in our view, USDCAD remains in uptrend from 1.0619, the fall from 1.0985 is likely consolidation of the uptrend. Another rise could be expected after consolidation, and next target would be at 1.1200 area. Support...
USDCHF’s upward movement from 0.8699 extended to as high as 0.9153. Further rise could be expected over the next several weeks, and next target would be at 0.9500 area. Support is at 0.9020, only break below this...
USDJPY broke above 104.12 resistance. Further rise to test 105.44 resistance would likely be seen, a break of this level will signal resumption of the long term uptrend from 75.57 (Oct 31, 2011 low), then next target...
AUDUSD stays 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 from 0.8660, another rise to 1.0000 area...
GBPUSD is now in downtrend from 1.7190, and the fall extended to as low as 1.6560. Further decline could be expected over the next several weeks, and next target would be at 1.6000 area. Resistance is at...
EURUSD’s downward movement from 1.3993 extended to as low as 1.3220. Further decline is still possible over the next several weeks, and next target would be at 1.3000 area. Resistance is located at the downward trend line...
USDCAD remains in uptrend from 1.0619, the fall 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 next target would...
USDCHF remains in uptrend, the fall from 0.9114 is likely consolidation of the uptrend. Deeper decline to 0.8900 area to complete the consolidation is possible. As long as 0.8900 support holds, the uptrend could be expected to...
USDJPY moved sideways in a narrow range between 100.75 and 104.12 for several months. As long as 100.75 support holds, the price action in the range could be treated as consolidation of the uptrend from 75.57 (Oct...
AUDUSD is testing 0.9202 support, a breakdown below this level will signal completion of the uptrend from 0.8660, then further following downward movement could bring price to 0.8000 area. On the upside, as long as 0.9202 support...
