AUDUSD’s bounce from 0.8032 extended to as high as 0.8294. Further rise could be expected, and the target would be at 0.8350 area. However, the rise is likely consolidation of the downtrend from 0.8910 (Oct 29, 2014...
GBPUSD is in consolidation of the downtrend from 1.5785. Another rise to 1.5300 area to complete the consolidation is possible. However, as long as 1.5300 resistance holds, the downtrend could be expected to resume, and further decline...
EURUSD’s downward movement from 1.2569 extended to as low as 1.1459. Near term resistance is at 1.1700, as long as this level holds, further decline could be expected after a minor consolidation, and next target would be...
USDCAD broke below the bottom of the price channel on 4-hour chart, indicating that consolidation of the uptrend from 1.1191 (Nov 21, 2014 low) is underway. Range trading between 1.1750 and 1.2017 would likely be seen over...
USDJPY remains in downtrend from 120.82, and the fall extended to as low as 115.85. Further decline to test 115.56 support is still possible. Near term resistance is at 118.00, and the key resistance is located at...
AUDUSD is in consolidation of the downtrend from 0.8910 (Oct 29, 2014 high). Range trading between 0.8032 and 0.8300 would likely be seen in a couple of days. Resistance is at 0.8300, as long as this level...
GBPUSD is in consolidation of the downtrend from 1.5785. Range trading between 1.5034 and 1.5300 would likely be seen in a couple of days. Resistance is at 1.5300, as long as this level holds, the downtrend could...
EURUSD continued its downward movement from 1.2569, and he fall extended to as low as 1.1568. Further decline could be expected over the next several days, and next target would be at 1.1400 area. Resistance levels are...
USDCAD continued its upward movement from 1.1560, and the rise extended to as high as 1.2017. Near term support is at the bottom of the price channel on 4-hour chart, as long as the channel support holds,...
USDCHF’s upward movement from 0.9553 extended to as high as 1.0239. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.0300 area. Key support is now...
