USDCAD failed to break below 1.0137 support, and rebounded from 1.0245, suggesting that the fall from 1.0608 had completed. Further rise would likely be seen over the next several weeks, and next target would be at 1.0550...
USDCHF is facing 0.9130 support, a breakdown below this level will indicate that the downtrend from 0.9838 has resumed, then next target would be at 0.8500 area.
USDJPY moves sideways 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, the uptrend...
AUDUSD continues its downward movement from 1.0582, and the fall extends to as low as 0.8871. Further decline is still possible, and next target would be at 0.8500 area.
GBPUSD remains in uptrend from 1.4813, the fall from 1.5433 is likely consolidation of the uptrend. Another rise to test 1.5751 resistance is still possible after consolidation.
EURUSD is testing 1.3415 resistance, a break above this level will indicate that the uptrend from 1.2042 (Jul 24, 2012 low) has resumed, then further rise towards 1.4500 could be seen.
USDCAD’s fall extends to as low as 1.0255. Further decline would likely be seen next week, and next target would be at 1.0150 area. Key support is at 1.0137, a breakdown below this level could signal completion...
USDCHF’s fall from 0.9751 extends to as low as 0.9264. Further decline to test 0.9130 support could be expected next week, a breakdown below this level will indicate that the downtrend from 0.9838 has resumed, then the...
USDJPY continues its sideways movement in a range between 93.79 and 103.73. Key support is at 93.79, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend...
AUDUSD is facing 0.9344 key resistance, as long as this level holds, the rise from 0.8998 could be treated as consolidation of the downtrend from 1.0582, and one more fall towards 0.8500 is still possible.
