EURUSD broke above 1.1644 resistance, suggesting that the downside movement from 1.1851 had completed at 1.1508 already. Further rally could be expected in the coming days and next target would be at 1.1750 area. Support is at...
USDCAD extended its upside movement from 1.2856 to as high as 1.3335. Further rise could be expected after a minor consolidation and next target would be at 1.3400 area. Near term support is at 1.3260, a breakdown...
USDJPY moved sideways in a trading range between 109.55 and 110.90. As long as 109.55 support holds, the sideways movement could be treated as consolidation for the uptrend from 108.11 and a breakout of 110.90 resistance could...
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.7676. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
GBPUSD extended its downside movement from 1.3472 to as low as 1.3101. The subsequent bounce could be treated as consolidation for the downtrend. As long as 1.3298 resistance holds, the downside movement could b expected to resume...
EURUSD moved sideways in a trading range between 1.1508 and 1.1644. As long as 1.1644 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.1851, and further decline towards 1.1300 area is...
USDCAD’s upside movement from 1.2856 extended to as high as 1.3321. Further rise is still possible after a minor consolidation and next target would be at 1.3400 area. Support is at 1.3240, a breakdown below this level...
USDJPY’s bounce from 109.55 extended to as high as 110.64. Further rise to test 110.90 resistance is possible. A breakout of this level would indicate that the upside movement from 108.11 has resumed, then next target would...
No changed in our view, AUDUSD remains in the downtrend from 0.7676, the bounce from 0.7347 is likely consolidation for the downtrend. Resistance is now at the top of the price channel on the 4-hour chart. As...
GBPUSD remains in the downtrend from 1.3472, the bounce from 1.3146 is likely consolidation for the downtrend. Further decline could be expected after the consolidation and a breakdown below 1.3146 support could trigger further downside movement to...
