GBP/USD has broken past the 1.6500 handle last December but failed to sustain its rallies until the start of this year. This suggests that a huge retracement might be in the cards, as the pair gathers more...
USDCAD stayed in a trading range between 1.0561 and 1.0737 for several days. The price action in the range is likely consolidation of the uptrend from 1.0182 (Sept 19, 2013 low). As long as 1.0561 support holds,...
USDCHF’s upward movement from 0.8799 extends to as high as 0.9065. Further rise could be expected in a couple of days, and next target would be at 0.9200 area. Support is at 0.9000, only break below this...
USDJPY stays within a upward price channel on 4-hour chart, and remains in uptrend from 96.94 (Oct 25, 2013 low), the fall from 105.44 could be treated as consolidation of the uptrend. Support is located at the...
AUDUSD broke above the upper line of the price channel on 4-hour chart. However, the rise from 0.8820 is likely consolidation of the downtrend from 0.9756 (Oct 23, 2013 high). Resistance is now at 0.9040, as long...
GBPUSD remains in uptrend from 1.5854 (Nov 12, 2013 low), the fall from 1.6593 could be treated as consolidation of the uptrend. Deeper decline could be expected, and the target would be at the lower line of...
EURUSD’s downward movement from 1.3892 extends to as low as 1.3578. Resistance is now at 1.3680, as long as this level holds, the downtrend could be expected to continue, and the target would be at 1.3400 area....
USDCAD moved sideways in a narrow range between 1.0561 and 1.0737. As long as 1.0561 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.0182, another rise towards 1.1000...
USDCHF broke above the upper line of the price channel on daily chart, suggesting that the downtrend from 0.9751 had completed at 0.8799 already. Further rally could be expected, and next target would be at 0.9200, followed...
USDJPY stays within a upward price channel on daily chart, and remains in uptrend from 96.57. Support is located at the lower line of the channel. As long as the channel support holds, the uptrend could be...
