GBP/AUD is consolidating inside a descending triangle pattern, showing a potential range play for short-term traders or a possible breakout and longer-term bias for swing traders. Price is just testing the top of the triangle with stochastic...
USDCAD continued its downward movement from 1.0960, and the fall extended to as low as 1.0659. Further decline could be expected after a minor consolidation, and next target would be at 1.0500 area. Resistance is at 1.0720,...
USDCHF broke below 0.8907 support, indicating that the uptrend from 0.8703 (May 8 low) had completed at 0.9036 already. Further decline could be expected over the next several days, and next target would be at 0.8800 area....
USDJPY’s downward movement from 102.79 extended to as low as 101.25. Further decline could be expected, and next target would be at 100.90 area. Resistance is at 101.85, only break above this level could signal completion of...
AUDUSD is testing 0.9444 resistance, a break above this level will indicate that the uptrend from 0.9208 has resumed, then next target would be at 0.9500 area. Support levels are at 0.9350 and 0.9321, only break below...
GBPUSD is testing 1.7062 resistance, a break of this level will indicate that the uptrend from 1.6692 has resumed, then next target would be at 1.7200 area. Support levels are at 1.6970 and 1.6921, only break below...
EURUSD is facing 1.3651 resistance, a break above this level will signal resumption of the short term uptrend from 1.3512, then further rise to test 1.3676 key resistance could be seen. Support is at 1.3564, only break...
USDCAD’s downward movement from 1.1278 extended to as low as 1.0660. Further decline could be expected in a couple of weeks, and next target would be at 1.0300 area. Resistance is located at the downward trend line...
USDCHF failed to break above 0.9156 resistance and pulled back from 0.9036, indicating that the pair remains in downtrend from 0.9838 (May 22, 2013 high), the price action from 0.8699 could be treated as consolidation of the...
USDJPY is facing 100.82 support again, a breakdown below this level will indicate that the uptrend from 93.79 (Jun 13, 2013 low) had completed at 105.44 already, then next target would be at 96.50 area. On the...
