USDJPY is facing 110.23 support. A breakdown below this level will indicate that the downtrend from 114.36 has resumed, then further decline to 109.60 area could be seen. Resistance level are at 111.30 and 112.13, only break...
AUDUSD broke above the resistance of the descending trend line on the 4-hour chart, indicating that the downward movement from 0.7517 had completed at 0.7371 already. Further rise to test 0.7517 resistance could be seen after a...
No changed in our view, GBPUSD remains in downtrend from 1.3047, the rise from 1.2769 could be treated as correction of the downtrend. Resistance is at the rising trend line on the 4-hour chart now at around...
EURUSD broke above 1.1267 resistance and is now in uptrend from 1.1109. Further rise could be expected over the next several days and next target would be at 1.1450 area. Near term support is at 1.1200, only...
After breaking above the major resistance of the December 2016 high of 124.09, EURJPY formed as sideways movement in a trading range between 122.55 and 125.81. All we can do now is to wait for the breakout...
After touching 1.3540 resistance, USDCAD pulled back to 1.3480, indicating that the pair remains in downtrend from 1.3793 and the bounce from 1.3387 could be treated as consolidation of the downtrend. As long as 1.3540 resistance holds,...
USDJPY is testing 110.23 support. A breakdown below this level will signal resumption of the downtrend from 114.36, then next target would be at around 109.60. Resistance is at 112.13, only a break of this level could...
AUDUSD is facing the resistance of the bearish trend line on the 4-hour chart. A clear break of the trend line resistance will indicating that the downside movement from 0.7517 had completed at 0.7371 already, then the...
GBPUSD remains in downtrend from 1.3047, the bounce from 1.2769 could be treated as consolidation of the downtrend. Near term resistance is at the ascending trend line on the 4-hour chart now at around 1.2935. As long...
EURUSD broke above 1.1267 resistance, indicating that the uptrend from 1.0569 (Apr 10 low) has resumed. Further rise could be expected over the next several days and next target would be at 1.1450 area. Near term support...
