AUDUSD broke above 0.7560 resistance, suggesting that the downside movement from 0.7813 had completed at 0.7412 already. Further rise is still possible after a corrective consolidation and next target would be at 0.7650 area. Support levels are...
GBPUSD continued its sideways movement in a trading range between 1.3459 and 1.3617. As long as 1.3617 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.4376 and another...
EURUSD extended its upside movement from 1.1822 to as high as 1.1996. As long as the price is in the rising channel on the 4-hour chart, the upside movement could be expected to continue and next target...
USDCAD failed to breakout of 1.3124 resistance and pulled back from 1.2997. Further decline would likely be seen over the next several weeks and the target would be at the bottom support trend line of the price...
USDJPY remains in the uptrend from 104.63. As long as the price is in the rising channel on the 4-hour chart, the upside movement could be expected to continue and next target would be at 112.00 area....
AUDUSD remains in the downtrend from 0.8135, the bounce from 0.7412 is likely consolidation for the downtrend. Range trading between 0.7412 and 0.7600 would likely be seen in a couple of days. As long as 0.7600 resistance...
GBPUSD remains in the downtrend from 1.4376. Further decline would likely be seen after a minor consolidation and next target would be at 1.3100 area. Resistance is at 1.3800, only a breakout of this level could signal...
EURUSD remains in the downtrend from 1.2555, the bounce from 1.1822 is likely consolidation for the downtrend. Range trading between 1.1822 and 1.2100 is possible in a couple of weeks. As long as 1.2100 resistance holds, the...
USDCAD broke below 1.2803 support, suggesting that the upside movement from 1.2526 had completed at 1.2997 already. Further decline could be expected after a corrective consolidation and next target would be at 1.2600 area. Resistance levels are...
USDJPY failed in its attempt to breakout of 110.03 and stayed in a trading range between 108.64 and 110.03, suggesting that lengthier consolidation for the uptrend from 104.63 is needed. Near term support is at the bottom...
