USDJPY remains in uptrend from 101.23. Further rise could be expected, and next target would be at 102.70 area. Support is at 101.90, only break below this level will indicate that correction of the uptrend is underway,...
AUDUSD remains in downtrend from 0.9504, and the fall extended to as low as 0.9328. Further decline could be expected and next target would be at 0.9250 area. Resistance is at 0.9420, only break above this level...
GBPUSD’s upward movement from 1.6692 extended to as high as 1.7179. Further rise could be expected after a minor consolidation, and next target would be at 1.7300 area. Key support is located at the lower line of...
EURUSD’s downward movement from 1.3700 extended to as low as 1.3580. Further decline could be expected, and next target would be at 1.3500 area. Resistance levels are at 1.3650 and 1.3700, only break above these levels could...
On Thursday forex traders received a rather big NFP report. As you know the NFP report is usually released on Friday’s, but due to the Independence Day holiday celebrated on Friday the report was moved to Thursday....
USDCAD stays below the downward trend line on daily chart, and remains in downtrend from 1.1278. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...
USDCHF’s fall from 0.9036 reached 0.8855 only, the subsequent bounce is likely resumption of the uptrend from 0.8699. Further rise to test 0.9156 key resistance would likely be seen, a break above this level will confirm that...
USDJPY moved sideways in a range between 100.75 and 104.12 for several months. As long as 100.75 support holds, the sideways movement could be treated as consolidation of the uptrend from 93.79 (Jun 13, 2013 low), one...
After breaking above 0.9461 resistance, AUDUSD pulled back from 0.9504, indicating that lengthier consolidation of the uptrend from 0.8660 is underway. Deeper decline to test 0.9202 support would likely be seen next week, as long as this...
GBPUSD’s upward movement from 1.4813 (Jul 9, 2013 low) extended to as high as 1.7179. Further rise is still possible next week, and next target would be at 1.7500 area. Near term support is located at the...
