AUDUSD broke above 0.7880 resistance, indicating that the downside movement from 0.7988 had completed at 0.7790 already. Further rally would likely be seen and next target would be at 0.7950 area. Support is at 0.7790, only a...
GBPUSD broke above 1.4025 resistance, suggesting that the short term downtrend from 1.4144 had completed at 1.3856 already. Further rise to test 1.4144 resistance would likely be seen in the coming days. Support level is at 1.3856,...
EURUSD continued its sideways movement in a trading range between 1.2259 and 1.2360. The key resistance is at 1.2360. As long as the price is below this level, the price action in the range could be treated...
USDCAD pulled back from 1.2757 after breaking above 1.2688 resistance, suggesting that lengthier consolidation for the uptrend from 1.2247 is needed. Deeper decline would likely be seen in a couple of days and the target would be...
USDJPY failed to breakout of the top trend line of the price channel on the 4-hour chart, suggesting that the pair remains in the downtrend from 113.75 (Dec 12, 2017 low). As long as the channel resistance...
AUDUSD is facing 0.7880 resistance. As long as this level holds, the bounce from 0.7790 could be treated as consolidation for the downtrend from 0.7988, and another fall to test 0.7759 support is still possible after the...
GBPUSD is facing 1.4025 resistance. A breakout of this level would indicate that the short term downtrend from 1.4144 had completed at 1.3856 already, then further rise towards 1.4144 resistance could be seen. On the downside, as...
EURUSD moved sideways in a narrow range between 1.2259 and 1.2360. As long as 1.2360 resistance holds, the sideways move could be treated as consolidation for the downtrend from 1.2555 and another fall to test 1.2165 support...
USDCAD extended its upside movement from 1.2248 to as high as 1.2757. Further rally is still possible next week and a break of 1.2757 resistance could take price to test 1.2920 resistance. Support level is at 1.2450....
USDJPY extended its downside movement from 113.75 to as low as 105.54. As long as the price is below the bearish trend line on the daily chart, the downside movement could be expected to continue and next...
