USDCAD remains in uptrend from 1.0619, the price action from 1.0985 could be treated as consolidation of the uptrend. Support is at 1.0800, as long as this level holds, the uptrend could be expected to resume, and...
USDCHF’s upward movement from 0.8855 extended to as high as 0.9432. Further rise could be expected over the next several weeks, and next target would be at 0.9700 area. Support is at 0.9299, only break below this...
USDJPY continued its upward movement from 101.06, and the rise extended to as high as 109.45. Further rise is still possible, and next target would be at 115.00 area. Support is at 106.50, only break below these...
AUDUSD’s downward movement from 0.9504 extended to as low as 0.8913. Further decline could be expected over the next several weeks, and next target would be at 0.8500 area. Resistance is at 0.9120, as long as this...
GBPUSD broke above the downward trend line on daily chart, indicating that the downtrend from 1.7190 had completed at 1.6051 already. Range trading between 1.6051 and 1.6700 would likely be seen over the next several weeks. Resistance...
EURUSD’s downward movement from 1.3700 extended to as low as 1.2825. Further decline would likely be seen over the next several weeks, and next target would be at 1.2300 area. Resistance is now at 1.29954, only break...
The USD/JPY pair initially broke higher during the course of the day on Friday, but the 109.50 level offered enough resistance to turn things back around. Ultimately, we ended up forming a shooting star, so of course...
The USD/CAD pair went back and forth during the course of the day on Friday, showing the 1.0950 level to be somewhat of a magnet for price. However, if we can break back above the 1.10 level,...
The GBP/USD pair initially broke higher during the course of the day on Friday, in reaction to the Scottish Independence Vote, but as you can see the 1.65 level offered enough resistance to push things back down....
EUR/USD fell during the course of the day on Friday, testing the 1.28 level yet again. However, we did not break down below that area and as a result we feel that this market should continue to...
