GBPUSD stays in a upward price channel on daily chart, and remains in uptrend from 1.4813. As long as the channel support holds, the fall from 1.6822 could be treated as consolidation of the uptrend. Another rise...
EURUSD broke above 1.3740 resistance. Further rise to test 1.3892 resistance would likely be seen next week, a break above this level will signal resumption of the uptrend from 1.2747 (Apr 4, 2013 low), then next target...
USDCAD stays above the upward trend line on daily chart, and remains in uptrend from 1.0182, the fall from 1.1224 could be treated as consolidation of the uptrend. As long as the trend line support holds, the...
USDCHF stays in a downward price channel on daily chart, and remains in downtrend from 0.9751. As long as the channel resistance holds, the downtrend could be expected to resume, and another fall to 0.8500 area is...
USDJPY stays in a downward price channel on daily chart, and remains in downtrend from 105.44. As long as the channel resistance holds, the downtrend could be expected to continue, and next target would be at 98.00...
AUDUSD is facing 0.9085 key resistance, a break above this level will indicate that the downtrend from 0.9756 had completed at 0.8660 already, then further rise to 0.9600 area could be seen to follow. On the downside,...
GBPUSD broke above 1.6668 resistance, and reached as high as 1.6755, indicating the the uptrend from 1.4813 has resumed. Further rise could be expected in a couple of weeks, and next target would be at 1.7000 area....
EURUSD remains in uptrend from 1.2747 (Apr 4, 2013 low), the price action from 1.3832 is treated as consolidation of the uptrend, another fall to 1.3400 area to complete the consolidation is still possible. Resistance is at...
USDCAD remains in uptrend from 1.0182, the fall from 1.1224 is likely consolidation of the uptrend. Deeper decline would likely be seen, and the target would be at the upward trend line on daily chart. On the...
USDCHF remains in downtrend from 0.9751, the price action from 0.8890 could be treated as consolidation of the downtrend. Key resistance is at 0.9156, as long as this level holds, the downtrend could be expected to resume,...
