AUDUSD continued its upside movement from 0.7328 and the rise extended to as high as 0.7712, facing the resistance of 0.7749. A break of this level will confirm that the longer term uptrend from 0.7158 has resumed,...
GBPUSD broke above 1.2870 resistance and is now facing 1.3047 resistance. A break of this level will confirm that the upward movement from 1.1987 has resumed, then next target would be at around 1.3200, followed by 1.3950....
EURUSD’s bullish movement from 1.0340 extended to as high as 1.1445, facing the 1.1450 key resistance. A clear break above this level will trigger a long term bullish movement towards 1.2700. Near term support is at the...
USDCAD continued its downward movement from 1.3347 and the fall extended to as low as 1.2971, facing the important support level of 1.2968 (Jan 31 low). Near term resistance is at 1.3045, as long as this level...
USDJPY stays in an ascending price channel on its 4-hour chart, and remains in uptrend from 108.81. As long as the price is in the channel, the fall from 112.92 could be treated as consolidation of the...
AUDUSD continued its bullish movement from 0.7535 and the rise extended to as high as 0.7712. Near term support is now at 0.7645, as long as this level holds, the uptrend could be expected to continue and...
GBPUSD’s upward movement extended to as high as 1.3029 and is now facing 1.3047 resistance. Further rise could be expected after a minor consolidation and next target would be at 1.3200 area. Near term support is at...
EURUSD’s bullish movement from 1.1118 extended to as high as 1.1445, facing the important resistance level of 1.1450. If the price breaks and settles above this level, it would trigger a long term bullish movement towards 1.2700....
Being supported by the 20-weekly moving average on its weekly chart, the GBPUSD pair rebounded from 1.2589, suggesting that lengthier consolidation for the long term downtrend from the July 2014 high of 1.7190 is needed. Let’s look...
USDCAD’s bearish movement from 1.3347 extended to as low as 1.3012. Near term resistance is at 1.3080, as long as the pair is below this level, the bearish movement could be expected to continue and further decline...
