GBPUSD broke below 1.5585 support, indicating that the downtrend from 1.6182 has resumed. Further decline could be expected, and next target would be at 1.5000 area. Resistance is at 1.5670, only break above this level will indicate...
EURUSD’s downward movement from 1.2599 extended to as low as 1.2271. Further decline could be expected, and next target would be at 1.2000 area. Resistance is now located at the downward trend line on 4-hour chart, only...
USDCAD’s upward movement from 1.0619 extended to as high as 1.1475. Further rise could be expected, and next target would be at 1.1800 area. Near term support is at the upward trend line on daily chart, and...
USDCHF’s upward movement from 0.8703 extended to as high as 0.9799. Near term support is at the bottom of the price channel on daily chart, as long as the channel support holds, the uptrend could be expected...
USDJPY’s upward movement from 101.06 extended to as high as 121.68. Further rise could be expected after a minor consolidation, and next target would be at 130.00 area. Support levels are at 120.00 and 117.00, as long...
AUDUSD continued its downward movement from 0.9504, and the fall extended to as low as 0.8312. Resistance is now located at the downward trend line on daily chart, as long as the trend line resistance holds, the...
GBPUSD’s downward movement from 1.7190 extended to as low as 1.5569. Near term resistance is at the downward trend line on daily chart, as long as the trend line resistance holds, the downtrend could be expected to...
After consolidation, EURUSD continued its downward movement from 1.3993, and the fall extended to as low as 1.2271. Further decline could be expected and next target would be at 1.2000 area. Near term resistance is at the...
The USD/JPY pair broke above the 120 level during the session on Friday, as the nonfarm payroll numbers came out much stronger than anticipated in America. With that being the case, it appears that we are starting...
The GBP/USD pair tried to rally during the course of the day on Friday, but as you can see turned things back around and fell to a fresh new low. Because of this we feel that the...
