GBPUSD’s bounce from 1.2396 extended to as high as 1.3000. Further rally could be expected in a couple of weeks and next target would be at 1.3100 area. Near term support is at 1.2750, a breakdown below...
EURUSD stays in a rising price channel on the daily chart and remains in the uptrend from 1.1215. As long as the price is in the channel, the upside movement could be expected to continue and next...
USDCAD failed to break above 1.3322 resistance and stays in a trading range between 1.3179 and 1.3322. As long as 1.3322 resistance holds, the price action in the trading range could be treated as consolidation for the...
USDJPY stays above the bullish trend line on the 4-hour chart and remains in the uptrend from 107.76. As long as the trend line support holds, the upside movement could be expected to continue and next target...
AUDUSD is in consolidation for the uptrend from 0.6765. Range trading between 0.7100 and 0.7235 would likely be seen over the next several days. As long as 0.7100 support holds, the uptrend could be expected to resume...
GBPUSD broke above 1.2930 resistance, suggesting that the uptrend from 1.2396 has resumed. Further rise could be expected in a couple of days and next target would be at 1.3100 area. Support is at 1.2850, as long...
EURUSD remains in the downtrend from 1.1570, the bounce from 1.1370 is likely consolidation for the downtrend. Further decline is still possible after the consolidation and next target would be at 1.1300 area. Near term resistance is...
USDCAD continued its sideways movement in the trading range between 1.3179 and 1.3322. As long as 1.3322 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.3664, and further decline to 1.3100...
USDJPY broke above 109.08 resistance, suggesting that the uptrend from 105.05 has resumed. Further rise could be expected in the coming days and next target would be at 110.40 area. Support is at 108.30, only a breakdown...
AUDUSD’s pullback from 0.7235 extended to as low as 0.7161. Deeper decline is still possible and next target would be at 0.7100 area. As long as 0.7100 support holds, the pullback could be treated as consolidation for...
