USDCAD’s downward movement from 1.1192 extended to as low as 1.1040. Deeper decline could be expected, and next target would be at 1.0980 area. Resistance is at 1.1130, only break above this level could signal completion of...
USDCHF’s downward movement from 0.9081 extended to as low as 0.8777. Further decline could be expected after a minor consolidation, and next target would be at 0.8700 area. Resistance is located at the upper line of the...
USDJPY broke below 101.38 support, indicating that the uptrend from 100.75 had completed. Deeper decline to test 100.75 previous low support could be seen, a breakdown below this level will signal resumption of the longer term downtrend...
AUDUSD broke below 0.8906 support, suggesting that the uptrend from 0.8660 had completed at 0.9080 already. Deeper decline would likely be seen, and next target would be at 0.8800 area. However, the fall from 0.9080 would possibly...
GBPUSD broke above 1.6730 resistance. Further rise to test 1.6822 resistance would likely be seen, a break above this level will confirm that the uptrend from 1.6252 has resumed, then next target would be at 1.7000 area....
EURUSD broke above 1.3773 resistance, indicating that the uptrend from 1.3477 has resumed. Further rise could be expected after a minor consolidation, and next target would be at 1.3900 area. Key support is now located at the...
No changed in our view, USDCAD remains in downtrend from 1.1192, the rise from 1.1054 would possibly be correction of the downtrend. Another fall would likely be seen, and next target would be at 1.0980 area. Resistance...
USDCHF remains in downtrend from 0.9081, the rise from 0.8852 is likely consolidation of the downtrend. Resistance is now at 0.8930, as long as this level holds, the downtrend could be expected to resume, and next target...
USDJPY stays in a trading range between 101.38 and 102.82. As long as 101.38 support holds, the price action in the range could be treated as consolidation of the uptrend from 100.75, another rise to 103.50 area...
After touching 0.8906 support, AUDUSD rebounded to 0.8971, indicating that the pair remains in consolidation of the uptrend from 0.8660. The sideways movement in a range between 0.8906 and 0.9080 could be expected to continue in a...
