USDCAD remains in downtrend from 1.0422, and the fall extended to as low as 0.9841. As long as 1.0050 key resistance holds, the price action in the trading range between 0.9841 and 1.0050 is treated as consolidation...
Being supported by the lower line of the price channel on 4-hour chart, USDCHF rebounded from 0.8931, suggesting that a cycle bottom has been formed on daily chart. Further rise could be seen in a couple of...
USDJPY remains in uptrend from 76.02 and the rise extends to as high as 82.64. The upward movement could be expected to continue in a couple of weeks and next target would be at 85.00 area. Support...
AUDUSD breaks below 1.0596 key support, suggesting that the upward movement from 0.9663 has completed at 1.0855 already. Further decline would likely be seen in a couple of weeks, and next target would be at 1.0200.
GBPUSD is facing 1.5645 key support, a breakdown below this level will confirm that the upward movement from 1.5236 has completed at 1.5991 already, then the following downward movement could bring price to 1.5000 area. On the...
EURUSD breaks below the upward trend line on 4-hour chart, suggesting that the upward movement from 1.2624 has completed at 1.3486 already. Now the fall from 1.3486 would possibly be resumption of the downtrend from 1.4939 (May...
USDCAD’s downward movement from 1.0422 extends to as low as 0.9841. Further decline is still possible next week, and next target would be at 0.9700 area. Key resistance is at 1.0050, a break above this level will...
After touching the lower line of the price channel on daily chart, USDCHF rebounded from 0.8931, suggesting that the downward movement from 0.9594 is complete. Further rally is still possible next week, and next target would be...
USDJPY continues its upward movement from 76.02, and the rise extends to as high as 81.86. Support is now at 80.00, as long as this level holds, uptrend could be expected to continue, and next target would...
AUDUSD moved sideways in a range between 1.0596 and 1.0844. Key support is at 1.0596, as long as this level holds, the price action in the range is treated as consolidation of the uptrend from 0.9663, one...
