USDCAD’s upward movement from 1.1919 extended to as high as 1.2538. Further rise is still possible, and next target would be at 1.2700 area. Near term support is at 1.2300, only break below this level will signal...
USDJPY broke above 1.2202 resistance, indicating that the long term uptrend from 75.57 (Oct 31, 2011) has resumed. Further rise could be expected after a minor consolidation, and next target would be at 130.00 area. Near term...
AUDUSD is facing 0.7532 support, a breakdown below this level will indicate that the long term down trend from 0.9504 (Jul 1, 2014 high) has resumed, then the following downward movement could bring price to 0.7000 area....
No changed in our view, GBPUSD remains in uptrend from 1.4565, the pullback from 1.5814 would possibly be correction of the uptrend. Support is at 1.5080, as long as this level holds, the uptrend could be expected...
Being contained by the bottom of the price channel on daily chart, EURUSD rebounded from 1.0819, indicating that the pair remains in short term uptrend from 1.0462. Another rise to test 1.1533 resistance would likely be seen,...
The USD/JPY pair rose slightly during the session on Friday, testing the 124 handle. However, the market is a bit overextended at this point time, so we are hesitant to start buying. Quite frankly, we need to...
The USD/CAD pair initially tried to rally during the course of the session on Friday again, but just as we saw on Thursday, but ended up failing. A doubt appears of the 1.25 level is in fact...
The GBP/USD pair initially fell during the course of the session on Friday, testing the 1.5250 level. This is an area that could cause a little bit of a bounce, but quite frankly we are not ready...
The EUR/USD pair initially fell during the course of the session on Friday, and then slammed into the 1.10 level. With that, we feel that the market is trying to break out, and the fact that we...
The AUD/USD pair fell slightly during the course of the session on Friday, showing a little bit of weakness. However, we have plenty of support below so we are hesitant to sell. In fact, we hope to...
