USDCAD broke above 1.0794 resistance, and the uptrend from 1.0619 extended to as high as 1.0821. Further rise could be expected and next target would be at 1.0900 area. Near term support is at the upward trend...
USDCHF continued its upward movement from 0.8897 and the rise extended to as high as 0.9051. Support is at 0.9000, as long as this level holds, further rise could be expected, and next target would be at...
USDJPY broke above 101.78 resistance and is now in uptrend from 101.06. Further rise would likely be seen after a minor consolidation, and next target would be at 102.50 area. Support is at 101.40, only break below...
AUDUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 0.9328 had completed at 0.9470 already. Further decline could be expected, and next target would be at 0.9340 area. Resistance is at...
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.7190. Resistance is located at the trend line, as long as the trend line resistance holds, the downtrend could be expected to...
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3650, and the fall extended to as low as 1.3421. As long as the trend line resistance holds, the downtrend could be...
The US Dollar has rallied during this week’s trading session especially gains the Euro and there has been an increase in US Dollar bulls in the market place. The US currency did rally from a very low...
USDCAD broke above the downward trend line on daily chart, indicating that the downtrend from 1.1278 had completed at 1.0619 already. Further rise could be expected, and next target would be at 1.1000 area. Support is at...
USDCHF broke above 0.9036 resistance, indicating that the downtrend from 0.9838 (May 22, 2013 high) had completed at 0.8699 already. The pair is now in uptrend, further rise could be expected, and next target would be at...
USDJPY moved sideways in a narrow range between 100.75 and 104.12 for several months. The price action in the range is likely consolidation of the uptrend from 75.57 (Oct 31, 2011 low). Key support is at 100.75,...
