EURUSD remains in the downtrend from 1.2555, the price action from 1.1510 is likely consolidation for the downtrend. Another fall could be expected after the consolidation and a breakdown below 1.1525 support could take the price towards...
USDCAD extended its downside movement from 1.3226 to as low as 1.2975. Near term resistance is at the top trend line of the price channel on the 4-hour chart, as long as the channel resistance holds, the...
USDJPY broke above 111.82 resistance, suggesting that the uptrend from 109.77 has resumed. Further rise could be expected after a minor consolidation and next target would be at 113.00 area. Near term support is located at the...
AUDUSD is facing 0.7235 resistance, a breakout of this level would indicate that the downside movement from 0.7381 had completed at 0.7085 already, then next target would be at 0.7300 area. Near term support is at 0.7160,...
GBPUSD extended its upside movement from 1.2785 to as high as 1.3124. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...
EURUSD broke above 1.1659 resistance. Further rise to test 1.1733 resistance could be expected and a breakout of this level could trigger further upside movement towards 1.1800 area. Near term support is at 1.1600, only a breakdown...
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USDCAD dropped sharply to as low as 1.3041. However, as long as 1.3000 support holds, the fall from 1.3226 could be treated as consolidation for the uptrend from 1.2887 and another rise towards 1.3350 is still possible...
USDJPY is facing 111.82 resistance once again, a breakout of this level could trigger further upside movement towards 113.00. Near term support is at 111.20, a breakdown below this level could bring the price back towards 110.38...
AUDUSD extended its downside movement from 0.7381 to as low as 0.7085. Further decline is still possible after a minor consolidation and next target would be at 0.7000 area. Resistance levels are at 0.7131 and 0.7190, only...
