EURUSD remains in downtrend from 1.3993, the rise from 1.3648 could be treated as consolidation of the downtrend. Resistance is now at 1.3735, as long as this level holds, the downtrend could be expected to continue, and...
USDCAD remains in downtrend from 1.1278, the price action from 1.0857 is likely consolidation of the downtrend. Another rise to the upper line of the price channel on daily chart to complete the consolidation would likely be...
USDCHF is facing the resistance of the price channel on daily chart. As long as the channel resistance holds, the price action from 0.8699 could be treated as consolidation of the downtrend from 0.9751 (Jul 9, 2013...
USDJPY is testing 100.75 key support, as long as this level holds, the price action from 105.44 could be treated as consolidation of the uptrend from 93.79 (Jun 13, 2013 low), one more rise to 110.00 area...
AUDUSD moved sideways in a range between 0.9202 and 0.9461. As long as 0.9202 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8660, one more rise to 0.9550...
GBPUSD is facing the support of the price channel on daily chart. As long as the channel support holds, the uptrend from 1.4813 (Jul 9, 2013 low) could be expected to resume, and further rise to 1.7200...
EURUSD remains in uptrend from 1.2747 (Apr 4, 2013 low), the price action from 1.3892 is likely consolidation of the uptrend. Range trading between 1.3477 and 1.3993 would likely be seen over the next several weeks. Key...
The USD/JPY pair went back on forth on Friday, but ultimately couldn’t make up its mind. The market sees plenty of support at the 101.25 level, and as a result it doesn’t surprise us that the market...
The USD/CAD pair initially tried to rally during the session on Friday, but as you can see we fell to the 1.0850 level. With that, we feel that this market will more than likely find buyers down...
The GBP/USD pair rose during the session on Friday, but broke out to the upside and on top of the hammer, which of course is a very supportive sign. We think that the market continues to go...
