USDJPY broke below 112.74 key support, indicating that the upside movement from 108.81 had completed at 114.49 already. Deeper decline is possible and next target would be at 111.50 area. Resistance is at 113.10, followed by 113.60,...
AUDUSD’s bullish movement from 0.7571 extended to as high as 0.7834. Near term support is at 0.7790, as long as this level holds, the uptrend could be expected to continue and next target would be at 0.8000...
After breaking above the falling trend line on the 4-hour chart, GBPUSD continued to break above 1.3029 resistance, confirming that the uptrend from 1.2589 has resumed. Further rise could be expected after a minor consolidation and next...
EURUSD remains in uptrend from 1.1118, the price action from 1.1445 could be treated as consolidation of the uptrend. As long as 1.1312 key support holds, the uptrend could be expected to continue and further rise towards...
USDCAD continued its bearish movement from 1.3793 and the fall extended to as low as 1.2639. Resistance is located at the descending trend line on its daily chart. As long the pair is below the trend line,...
After touching 114.36 resistance, USDJPY pulled back from 114.49, indicating that a short term top had been formed, and lengthier sideways movement in a range between 108.13 and 114.49 is underway. Deeper decline could be expected in...
AUDUSD continued its bullish movement from 0.7328 and the rise extended to as high as 0.7834. Further rise is still possible after a minor consolidation and next target would be at 0.8000 area. Support is now located...
GBPUSD broke above 1.3047 resistance, indicating that the uptrend from 1.1987 has resumed. Further rise could be expected in a couple of weeks and next target would be at 1.3500 area. Support is at 1.2811, only a...
EURUSD is testing the key resistance at 1.1450. A clear break above this level will confirm the double bottom pattern on the weekly chart, then the following long term bullish movement could bring price into 1.2700 zone....
The US dollar fell significantly against the Japanese yen during the session on Friday as less than stellar economic announcements came out of the United States. By slicing through the 113 level, now looks as if we’re...
