After touching the bottom of the price channel on daily chart, USDCAD rebounded back into the channel, indicating that the pair remains in uptrend from 1.2460 (May 3, 2016 low). Further rise could be expected over the...
USDJPY is in consolidation of the uptrend from 98.97 (Jun 24, 2016 low). Range trading between 110.00 and 118.66 would likely be seen over the next several weeks. As long as 110.00 support holds, the uptrend could...
AUDUSD is now in uptrend from 0.7158. Further rise could be expected over the next several weeks, and next target would be at 0.8000 area. Support is at 0.7300, only break below this level could trigger another...
GBPUSD failed to break below 1.1946 previous low support and stayed in the trading range between 1.1946 and 1.2774. Further rise to test 1.2774 resistance could be expected in a couple of weeks. As long as 1.2774...
EURUSD is in downtrend from 1.1616 (May 3, 2016 high), the rise from 1.0340 could be treated as consolidation of the downtrend. Further rise would likely be seen in a couple of weeks, and the target would...
USDCAD broke below the bottom of the price channel on daily chart, indicating that the uptrend from 1.2460 had completed at 1.3598 already. Further decline could be seen after a minor consolidation, and next target would be...
USDJPY broke below 114.73 support, indicating that the upward movement from 101.18 had completed at 118.66 already. Deeper decline could be expected over the next several weeks, and the target would be at 110.00 area. Resistance is...
AUDUSD broke above the downward trend line on daily chart, indicating that the downward movement from 0.7778 had completed at 0.7158 already. Further rise could be expected over the next several weeks, and next target would be...
GBPUSD is facing 1.1946 support, a breakdown below this level will signal resumption of the downtrend from 1.5016, then next target would be at 1.1500 area. Near term resistance is at 1.2450, only break above this level...
EURUSD remains in downtrend from 1.1366, the rise from 1.0340 is likely consolidation of the downtrend. Key resistance is at 1.0873, as long as this level holds, the downtrend could be expected to resume, and further decline...
