AUDUSD continued its upside movement from 0.7328 and the rise extended to as high as 0.7635. The uptrend could be expected to continue and next target would be at 0.8000 area. Near term support is at 0.7500,...
GBPUSD broke below 1.2755 support and is now in downtrend from 1.3047. Further decline would likely be seen over the next several weeks, and next target would be at 1.2300 area. Resistance levels are at 1.2870 and...
EURUSD broke below the rising trend line on the daily chart. However, as long as the pair is above 1.1070 support, the fall from 1.1295 could be treated as consolidation of the uptrend from 1.0569, and another...
After breaking above the bearish trend line from 6.8876 to 6.8351 on its 4-hour chart, the USDCNH pair continued to break above the major resistance at the June 2 high of 6.7918, and is now trades in...
USDCAD broke above 1.3300 resistance, indicating that consolidation of the downtrend from 1.3793 is underway. Range trading between 1.3164 and 1.3350 would likely be seen over the next several days. As long as 1.3350 resistance holds, the...
USDJPY broke above the descending trend line on its 4-hour chart, indicating that the bearish movement from 114.36 had completed at 108.81 already. Further rally could be expected over the next several days, and next target would...
AUDUSD remains in uptrend from 0.7371, the pullback from 0.7635 is likely consolidation of the uptrend. Key support is at 0.7519, as long as the pair is above this level, the uptrend could be expected to continue,...
GBPUSD remains in the downtrend from 1.3047, the bounce from 1.2634 could be treated as consolidation of the downtrend. Range trading between 1.2634 and 1.2850 would likely be seen in a couple of days. As long as...
EURUSD is forming sideways movement in a trading range between 1.1109 and 1.1295. As long as 1.1109 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.0569 (Apr 10 low), and another...
USDJPY stays below the bearish trend line from 111.71 to 110.81 with resistance at around 110.20 on its 4-hour chart, suggesting that the pair remains in bearish movement from the May 11 high of 114.36. As long...
