USDCAD’s upward movement from 1.0137 extends to as high as 1.0556. Further rise is still possible next week, and next target would be at 1.0700 area. Support is at 1.0400, only break below this level could signal...
No changed in our view, USDCHF remains in downtrend, the rise from 0.9130 is treated as correction of the downtrend. Resistance is at 95.70, as long as this level holds, the downtrend could be expected to resume,...
USDJPY’s rise from 93.79 extends to as high as 99.44. Further rise is still possible next week, and next target would be at 101.00 – 102.00 area. Now the price action from 103.73 is likely consolidation of...
AUDUSD stays below a downward trend line on daily chart, and remains in downtrend from 1.0582, and the fall extends to as low as 0.9113. Further decline is still possible after a minor consolidation, and next target...
GBPUSD is facing the support of the lower line of the price channel on daily chart. A clear break below the channel support will indicate that the downtrend from 1.6339 has resumed, then the following downward movement...
EURUSD is facing the support of the lower line of the price channel on daily chart. As long as the channel support holds, the price action from 1.3242 could be treated as consolidation of the uptrend from...
USD/JPY rose for the session again on Friday, breaking above the recent resistance in order to clear the path to the 100 handle. With that being the case, we are looking for short-term pullbacks as by signals,...
The USD/CAD pair rallied during the session on Friday, but as you can see the 1.0550 level has offered resistance yet again. The resulting pullback looks like we are going to continue to consolidate between the 1.0550...
The GBP/USD pair fell during the session on Friday, continuing the move below the 1.5250 handle, but bounced in the end in order to form a hammer. This market should see significant support in this general vicinity,...
The EUR/USD pair tried to rally during the session on Friday, but as you can see failed in the end and formed a shooting star. This shooting star signifies that the market will more than likely continue...
