GBPUSD’s downward movement from 1.5785 extended to as low as 1.4950. Further decline could be expected, and next target would be at 1.4700 area. Resistance levels are at 1.5100 and 1.5268, only break above these levels could...
EURUSD’s downward movement from 1.2569 extended to as low as 1.1097. Further decline could be expected after a minor consolidation and next target would be at 1.0800 area. Near term resistance is at 1.1350, and the key...
USDCAD continued its upward movement from 1.0619 (Jul 3, 2014 low), and the rise extended to as high as 1.2456. Further rise is still possible after a minor consolidation, and next target would be at 1.3000 area....
USDJPY is forming a sideways consolidation in a range between 115.56 and 121.84. The sideways movement could be seen to continue in a couple of weeks. As long as 115.56 support holds, the uptrend from 101.06 (Jul...
AUDUSD stays below the downward trend line on daily chart, and remains in downtrend from 0.9504 (Jul 1, 2014 high), and the downward movement extended to as low as 0.7880. As long as the trend line resistance...
GBPUSD stays below the downward trend line on daily chart, and remains in downtrend from 1.7190 (Jul 15, 2014 high), and the downward movement extended to as low as 1.4950. As long as the trend line resistance...
EURUSD’s downward movement from 1.3993 (May 8, 2014 high) extended to as low as 1.1115. Further decline is still possible after a minor consolidation, and next target would be at 1.0500 area. Near term resistance is at...
The USD/JPY pair fell initially during the course of the session on Friday, but remains within the same the consolidation area that we have been in for the entire week. Ultimately, we believe that this pair will...
The USD/CAD pair went back and forth during the course of the session on Friday, struggling to continue going higher as the 1.25 level has offered a bit of resistance. That level needs to be broken above...
The GBP/USD pair went back and forth during the course of the session on Friday, testing the 1.50 level. However, we did form a little bit of a supportive candle, so if we break the top of...
