USDCAD continued its upward movement from 1.0619, and the rise extended to as high as 1.0865. Further rise could be expected after a minor consolidation, and next target would be at 1.0950 area. Key support is located...
USDCHF’s upward movement from 0.8897 extended to as high as 0.9073. Support is now at 0.9034, as long as this level holds, the uptrend could be expected to continue, and next target would be at 0.9100 area....
USDJPY’s upward movement from 101.06 extended to as high as 102.15. Further rise could be expected after a minor consolidation of next target would be at 102.50 area. Support is at 101.80, only break below this level...
AUDUSD continued its downward movement from 0.9470, and the fall extended to as low as 0.9373. Further decline to test 0.9328 support could be expected in a couple of days. Resistance is at 0.9415, only break above...
GBPUSD’s downward movement from 1.7190 extended to as low as 1.6932. Further decline could be expected after a minor consolidation, and next target would be at 1.6850 area. Resistance is located at the downward trend line on...
EURUSD’s downward movement from 1.3650 extended to as low as 1.3403. Initial resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to continue,...
CAD/JPY has been moving inside a descending triangle pattern on its daily forex time frame, as price made lower highs and found support at the 92.00 major psychological level. The pair has just come off a test...
The USD/JPY pair rose during the course of the day on Monday, but as you can see we are still struggling to get above the 102 level. Because of this, we feel that this market probably has...
The USD/CAD pair initially tried to rally during the day on Monday, but as you can see fell back down towards the 1.08 handle. The level course has been supportive in the past, and now that we...
The GBP/USD pair went back and forth during the day on Monday, but found the 1.70 level to be resistive enough to keep the market somewhat down. Because of this, we feel that the market will more...
