GBPUSD’s pullback from 1.3029 extended to as low as 1.2929. As long as 1.2900 support holds, the fall could be treated as consolidation of the uptrend from 1.2589 and further rise towards 1.3200 is still possible after...
Under pressure by the 1.1450 resistance, EURUSD pulled back to 1.1355, suggesting that consolidation for the uptrend from 1.1118 is underway. Range trading between 1.1350 and 1.1445 would likely be seen in a couple days. As long...
After breaking above the support-turned-resistance at 6.8450 on the daily chart, the USDCNH pair failed to extend its bullish movement from 6.7210 and pulled back from 6.8583, indicating that correction for the uptrend is underway. On the...
USDCAD remains in downtrend from 1.3347 and the fall extended to as low as 1.2946. Near term resistance is at the top trend line of the price channel on its 4-hour chart. As long as the channel...
USDJPY failed to break below the bottom support trend line of the price channel on its 4-hour chart, and rebounded from 111.73, indicating that the pair remains in uptrend 108.81. As long as the channel support holds,...
AUDUSD remains in uptrend from 0.7535, the pullback from 0.7712 could be treated as consolidation of the uptrend. Near term support is at the bottom trend line of the price channel on its 4-hour chart. As long...
Under pressure by 1.3047 (May 18 high) resistance, GBPUSD pulled back from 1.3029, suggesting that consolidation for the uptrend from 1.2589 is underway. Range trading between 1.2900 and 1.3029 would likely be seen in a couple of...
EURUSD is facing 1.1450 resistance. Range trading between 1.1350 and 1.1445 would likely be seen in a couple of days. Near term support is at 1.1350 and the key support is at 1.1290. As long as these...
USDCAD’s bearish movement from 1.3793 extended to as low as 1.2946, breaking below 1.2968 (Jan 31 low) key support. As long as the pair is below the descending trend line on its daily chart, the downtrend could...
USDJPY is now in uptrend from 108.81. Further rise to retest 115.50 key resistance is possible in the coming days. A break of this level will signal resumption of the long term uptrend from 98.87 (Jun 24,...
