AUDUSD’s downward movement from 0.9504 (Jul 1, 2014 high) extended to as low as 0.7719. Further decline could be expected after a minor consolidation, and next target would be at 0.7500 area. Resistance is located at the...
GBPUSD remains in downtrend from 1.7190 (Jul 15, 2014 high), the rise from 1.4950 is likely consolidation of the downtrend. Resistance is located at the downward trend line on daily chart, as long as the trend line...
EURUSD remains in downtrend from 1.3993 (May 8, 2014 high), the rise from 1.1097 is likely consolidation of the downtrend. Range trading between 1.1097 and 1.1600 would likely be seen in a couple of weeks. Near term...
USDCAD continued its upward movement from 1.1803, and the rise extended to as high as 1.2677. Key support is now at 1.2380, as long as this level holds, the uptrend could be expected to continue, and next...
USDJPY stays in a narrow range between 117.17 and 118.86. Near term support is at 117.17, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 115.85, another rise...
AUDUSD’s downward movement from 0.8294 extended to as low as 0.7719. Resistance is now at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to continue,...
GBPUSD failed to break above the top of the price channel on 4-hour chart, indicating that the price action from 1.5034 could be treated as consolidation of the downtrend from 1.5785, another fall to toward 1.4500 could...
EURUSD is facing the resistance of the downward trend line on 4-hour chart, a clear break above the trend line resistance will indicate that the downtrend from 1.2569 had completed at 1.1097 already, then further rally to...
USDCAD’s upward movement from 1.1560 extended to as high as 1.2536. Near term support is at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to...
USDJPY continued its sideways movement in a narrow range between 117.17 and 118.86. Near term support is at 117.17, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from...
