AUDUSD broke above 0.6569 resistance, suggesting that the uptrend from 0.5507 (Mar 19 low) has resumed. Further rise could be expected in the coming days and next target would be at 0.6700 area. Near term support is...
GBPUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.2642 had completed at 1.2073 already. Further rally would likely be seen and next target would be at 1.2466 resistance....
EURUSD extended its upside movement from 1.0774 to as high as 1.0976. Further rise is still possible and next target would be at 1.1018 resistance. Near term support is at 1.0900, a breakdown below this level could...
USDCAD failed to break above the resistance of the falling trend line on the 4-hour chart and pulled back from 1.4140. Deeper decline is still possible and next target would be at 1.3849 support. Near term resistance...
USDJPY broke above 107.43 resistance, suggesting that the uptrend from 105.98 has resumed. Further rally would likely be seen and next target would be at 108.08 resistance. Support is at 106.74, only break below this level could...
AUDUSD continued its sideways movement in a trading range between 0.6372 and 0.6569. The price action in the range is likely consolidation for the uptrend from 0.5507 (Mar 19 low), a breakout of 0.6569 resistance could take...
GBPUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.2642. As long as the trend line resistance holds, the bounce from 1.2073 could be treated as consolidation for the...
EURUSD broke above 1.0896 resistance. Further rally would likely be seen and next target would be at 1.1000 area. Near term support is at 1.0875, a breakdown below this level could bring the price back towards 1.0766...
USDCAD is testing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, another fall towards 1.3850 is possible. On the upside, a breakout of the trend line...
USDJPY moved sideways in a trading range between 106.74 and 107.43. A breakout of 107.43 resistance would indicate that the upside movement from 105.98 has resumed, then next target would be at 108.08 resistance, only break below...
