USDJPY is now in downtrend from 105.44, the price action from 100.75 could be treated as consolidation of the downtrend. Key support is at 100.75, a breakdown below this level will indicate that he downtrend has resumed,...
AUDUSD remains in uptrend from 0.8660, the fall from 0.9461 is likely consolidation of the uptrend. Support is at the lower line of the price channel on daily chart. As long as the channel support holds, the...
GBPUSD broke above 1.6822 resistance, indicating that the uptrend from 1.4813 (Jul 9, 2013 low) has resumed. Further rise could be expected, and next target would be at 1.7200 area. Near term support is at the lower...
EURUSD remains in uptrend from 1.2747 (Apr 4, 2013 low), the price action from 1.3966 could be treated as consolidation of the uptrend. Range trading between 1.3672 and 1.3966 would likely be seen over the next several...
USDCAD broke below 1.0910 support, indicating that the uptrend from 1.0182 had completed at 1.1278 already. Deeper decline could be expected after consolidation, and next target would be at 1.0600 area. Resistance levels are at 1.1100 and...
USDCHF failed to break above the upper line of the price channel on daily chart, suggesting that the pair remains in downtrend from 0.9751 (Jul 9, 2013 high), the price action from 0.8699 could be treated as...
USDJPY is facing 100.75 support again, a breakdown below this level will signal resumption of the downtrend from 105.44, then the next target would be at 95.00 area. On the upside, as long as 100.75 support holds,...
AUDUSD’s upward movement from 0.8660 extended to as high as 0.9461. Further rise would likely be seen after a minor consolidation, and the target would be at 0.9600 area. Key support is located at the upward trend...
GBPUSD is facing 1.6822 resistance, a break above this level will signal resumption of the uptrend from 1.4813 (Jul 9, 2013 low), then the following upward movement could bring price to 1.7500 area. On the downside, as...
EURUSD is facing 1.3966 resistance, a break above this level will signal resumption of the uptrend from 1.2747 (Apr 4, 2013 low), then the following upward movement could bring price to 1.4500 area. On the other side,...
