AUDUSD broke below 0.8847 previous low support, suggesting that the downtrend from 1.0582 (Apr 11 high) has resumed. Further decline could be expected, and next target would be at 0.8500 area. Initial resistance is located at the...
GBPUSD’s upward movement from 1.5854 extended to as high as 1.6481. Initial support is at 1.6220, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.7000 area....
EURUSD failed to break above 1.3832 resistance, suggesting that lengthier consolidation of the uptrend from 1.2756 is underway. Range trading between 1.3296 and 1.3832 would likely be seen in a couple of weeks. Initial support is at...
USDCAD remains in uptrend from 1.0182 and the rise extended to as high as 1.0737. Initial support is located at the lower line of the upward price channel on daily chart, as long as the channel support...
After breaking below 0.8890 support, USDCHF rebounded from 0.8832, indicating that consolidation of the downtrend from 0.9751 is underway. Further rally is still possible and the target would be at the upper line of the price channel...
USDJPY broke above 103.73 resistance, suggesting that the 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 at 107.00 area. Support is...
USDCAD stays in a upward price channel on daily chart, and remains in uptrend from 1.0182, the fall from 1.0707 could be treated as consolidation of the uptrend. Support is at the lower line of the channel,...
USDCHF broke below 0.8890 support, and reached as low as 0.8839, suggesting that the downtrend from 0.9751 had resumed. Further decline could be expected and next target would be at 0.8500 area. Initial resistance is at 0.8950,...
USDJPY’s upward movement from 96.57 extended to as high as 103.92. Another rise to test 103.73 resistance could be expected next week, a break above this level will signal resumption of the uptrend from 75.57 (Oct 31,...
AUDUSD is facing 0.8847 support, a breakdown below this level will indicate that the downtrend from 1.0582 (Apr 11 high) has resumed, then next target would be at 0.8500 area. Initial resistance is located at the downward...
