After consolidation, EURUSD broke above 1.1295 resistance and continued its bullish movement from 1.0569 (Apr 10 low), and the rise extended to as high as 1.1349. Further rise could be expected after a minor consolidation and next...
USDCNH’s bullish movement from the June 1 low of 6.7210 extended to as high as 6.8583 and broke above the key resistance at the March 15 low of 6.8450, suggesting that the long term uptrend from the...
USDCAD moved sideways in a trading range between 1.3164 and 1.3347. The price action in the range is likely consolidation of the downtrend from 1.3793 (May 5 high). Another fall could be expected after the consolidation and...
After consolidation, USDJPY broke above 111.78 resistance and continued its upward movement from 108.81. Further rise could be expected in a couple of days, and next target would be at 113.00 area. Near term support is now...
AUDUSD failed to break below 0.7519 support and stays in the trading range between 0.7519 and 0.7635. As long as the pair is above 0.7519 support, the price action in the trading range could be treated as...
GBPUSD’s bounce from 1.2589 extended to as high as 1.2759. Further rise to test the resistance of the top trend line of the price channel on its 4-hour chart is possible. As long as the channel resistance...
EURUSD continued its sideways movement in a trading range between 1.1109 and 1.1295. The key support is at 1.1109, as long as this level holds, the sideways move could be treated as consolidation of the uptrend from...
EURGBP’s bullish movement from the April 18 low of 0.8313 extended to as high as 0.8866. After touching the resistance of the January 16 high of 0.8851, the pair pulled back and formed a sideways movement in...
USDCAD is in consolidation of the downtrend from 1.3793. Range trading between 1.3164 and 1.3400 would likely be seen over the next several days. Resistance is at 1.3400, as long as the pair is below this level,...
USDJPY continued its sideways movement in a trading range between 110.64 and 111.78. Support level is at 110.64, as long as this level holds, the uptrend from 108.81 could be expected to continue and next target would...
