USDJPY moved sideways in a trading range between 118.05 and 120.82. As long as 118.05 support holds, the price action in the range could be treated as consolidation of the uptrend. Resistance is at 120.82, a break...
AUDUSD remains in downtrend from 0.8795 (Nov 17, 2014 high), the price action in the trading range between 0.8035 and 0.8214 could be treated as consolidation of the downtrend. Further decline could be expected after consolidation, and...
GBPUSD remains in downtrend from 1.5785, further decline could be expected after a minor consolidation, and next target would be at 1.4900 area. Resistance is at 1.5300, only break above this level could signal completion of the...
EURUSD continued its downward movement from 1.2569, and the fall extended to as low as 1.1801. Further decline could be expected, and next target would be at 1.1500 area. Resistance is at 1.2000, only break above this...
USDCAD is facing 1.1841 resistance, a break of this level will signal resumption of the uptrend from 1.1191, then next target would be at 1.2000 area. Support is at 1.1700, only break below this level will indicate...
No changed in our view, USDCHF remains in uptrend from 0.9553, the fall from 1.0187 is treated as consolidation of the uptrend. As long as 0.9950 support holds, the uptrend could be expected to continue, and next...
USDJPY remains in uptrend from 115.56, the fall from 120.82 is likely consolidation of the uptrend. Another rise to test 120.82 could be expected after consolidation, a break of this level will signal resumption of the uptrend,...
AUDUSD continued its sideways movement in a range between 0.8035 and 0.8214. As long as 0.8214 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 0.8795 (Nov 17, 2014...
GBPUSD’s downward movement from 1.5785 extended to as low as 1.5101. Further decline is still possible after a minor consolidation, and next target would be at 1.5000 area. Resistance is at 1.5350, only break above this level...
EURUSD’s downward movement from 1.2569 extended to as low as 1.1845. Further decline could be expected, and next target would be at 1.1700 area. Resistance is at 1.2050, only break above this level could signal completion of...
