USDCAD continued its upward movement from 1.0619 (Jul 3, 2014 low), and the rise extended to as high as 1.1785. Further rise could be expected, and next target would be at 1.2500 area. Key support is located...
USDCHF’s upward movement from 0.8703 (May 8, 2014 low) extended to as high as 1.0016. Further rise could be expected over the next several weeks, and next target would be at 105.00 area. Key support is located...
USDJPY is testing 121.84 resistance, a clear break above this level will indicate that the uptrend from 101.06 (Jul 10, 2014 low) has resumed, then next target would be at 130.00 area. Key support is at 115.56,...
AUDUSD stays below the downward trend line on daily chart, and remains in downtrend from 0.9504 (Jul 1, 2014 high). As long as the trend line resistance holds, the downtrend could be expected to continue, and next...
GBPUSD’s downward movement from 1.7190 (Jul 15, 2014 high) extended to as low as 1.5324. Further decline could be expected, and next target would be at 1.5000 area. Key resistance is at 1.5825, only break above this...
EURUSD continued its downward movement from 1.3993 (May 8, 2014 high), and the fall extended to as low as 1.2000. Further decline could be expected after a minor consolidation, and next target would be at 1.1500 area....
The USD/JPY pair went back and forth during the course of the session on Friday, as the 120 level continues offer a bit of support. We believe that the market will ultimately go higher, but pullback could...
The USD/CAD pair broke higher during the session on Friday, reaching almost all the way up to the 1.18 level. That was her next target, so we could see a little bit of a pullback at that...
The GBP/USD pair fell hard during the course of the session on Friday, as we sliced through the 1.55 level with almost no effort at all. Because of this, we believe that this market continues down to...
The EUR/USD pair fell during the session on Friday, crashing into the 1.20 handle. This is a major level as far as support is concerned, as it was the area that the market bounced from several times...
