USDJPY continues its sideways movement in a range between 93.79 and 103.73. The price action in the range is likely consolidation of the uptrend from 75.57 (Oct 31, 2011 low). As long as 93.79 key support holds,...
AUDUSD broke above 0.9344 key resistance, suggesting that the downtrend from 1.0582 had completed at 0.8847 already. Further rally would be expected next week, and next target would be at 0.9800 area.
GBPUSD stays above a upward trend line on daily chart, and remains in uptrend from 1.4813. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
EURUSD broke above 1.3451 resistance, suggesting that the uptrend from 1.2756 has resumed. Further rise could be expected, and next target would be at 1.3750 area. Support is now located at the upward trend line on daily...
USDCAD’s downward movement from 1.0568 extended to as low as 1.0305. Further decline would likely be seen and next target would be at 1.0200 area. Resistance is at 1.0420, only break above this level could trigger another...
USDCHF remains in downtrend from 0.9751, the rise from 0.9147 is likely consolidation of the downtrend. Another fall to test 0.9130 support would likely be seen, a breakdown below this level will signal resumption of the downtrend.
USDJPY stayed in a trading range between 93.79 and 103.73 for several months. As long as 93.79 key support holds, the price action from 103.73 could be treated as consolidation of the uptrend from 75.57 (Oct 31,...
After touching 0.9344 resistance, AUDUSD pulled back from 0.9353, suggesting that lengthier consolidation of the downtrend from 1.0582 is underway. Range trading between 0.8847 and 0.9344 could be expected to continue in a couple of weeks.
GBPUSD continues its upward movement from 1.4813 and the rise extends to as high as 1.5884. Support is located at the upward trend line on daily chart, as long as the trend line support holds, the uptrend...
EURUSD broke above 1.3250 resistance, suggesting that the uptrend from 1.2756 has resumed. Further rise would likely be seen and next target would be at 1.3500 area. Support is now at 1.3105, only break below this level...
