No changed in our view, AUDUSD remains in downtrend from 0.7912. Further decline to test 0.7625 support could be expected, a breakdown below this level will confirm that the downtrend from 0.8294 (Jan 15 high) has resumed,...
GBPUSD’s downward movement from 1.5551 extended to as low as 1.5215. Resistance is located at the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the downtrend could be expected...
EURUSD’s downward movement from 1.1450 extended to as low as 1.0987. Further decline could be expected, and next target would be at 1.0800 area. Resistance is now at 1.1165, as long as this level holds, the downtrend...
USDCAD continued its sideways movement in a range between 1.2352 and 1.2797. Another fall to test 1.2352 support would likely be seen, a breakdown below this level will target 1.2200 area. Key resistance is now at 1.2663,...
USDJPY moved sideways in a trading range between 118.23 and 120.47. Support is at 118.23, a breakdown below this level will target 116.50 area. Resistance is at 120.47, above this level will indicate that the uptrend from...
AUDUSD remains in downtrend from 0.7912, the rise from 0.7750 is likely correction of the downtrend. Further decline could be expected, and next target would be at 0.7650 area. Resistance is at 0.7912, only break above this...
GBPUSD remains in downtrend from 1.5551, and the fall extended to as low as 1.5251. Further decline could be expected after a minor consolidation, and next target would be at 1.5100 area. Resistance is located at the...
EURUSD broke below 1.1097 support, indicating that the downtrend from 1.2569 (Dec 16, 2014 high) has resumed. Further decline could be expected, and next target would be at 1.0800 area. Resistance is at 1.1250, only break above...
USDCAD stayed in the trading range between 1.2352 and 1.2797. Key resistance is now at 1.2663, a break of this level will signal resumption of the long term uptrend from 1.1191 (Nov 21, 2014 low), then the...
USDJPY failed to break above 120.47 resistance, indicating that the pair remains in downtrend from 120.47, and the rise from 118.23 could be treated as correction of the downtrend. Another fall to 116.50 area to complete the...
