USDJPY’s downward movement from 118.66 (Dec 15, 2016 high) extended to as low as 112.05. Further decline could be expected over the next several days, and next target would be at 110.00 area. Near term resistance is...
AUDUSD’s upward movement from 1.7159 (Dec 26, 2016 low) extended to as high as 0.7695. Key support is now at 0.7511, as long as this level holds, the uptrend could be expected to continue, and next target...
GBPUSD remains in uptrend from 1.1986, the price action from 1.2673 could be treated as consolidation of the uptrend. As long as 1.2412 support holds, the uptrend could be expected to continue, and next target would be...
EURUSD stays in the upward price channel on 4-hour chart, and remains in uptrend from 1.0340. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.0900...
USDCAD broke below 1.3018 support, indicating that the downtrend from 1.3598 has resumed. Further decline could be expected over th next several days, and next target would be at 1.2800 area. Near term resistance is at 1.3168,...
USDJPY broke below 112.52 support, indicating that the downtrend from 118.66 (Dec 15, 2016 high) has resumed. Further decline could be expected over the next several days, and next target would be at 110.00 area. Near term...
GBPUSD is facing 1.2600 resistance, a break of this level will signal resumption of the uptrend from 1.1986, then further rise to 1.2800 area could be seen. Support is now at 1.2412, a breakdown below this level...
After consolidation, EURUSD continued its upward movement from 1.0340 and the rise extended to as high as 1.0812. Further rise could be expected and next target would be at 1.0900 area. Key support is now at 1.0620,...
USDCAD remains in downtrend from 1.3387, the rise from 1.3053 could be treated as consolidation of the downtrend. Further decline could be expected after consolidation, and next target would be at 1.2900 area. Resistance is at 1.3230,...
USDJPY moved sideways in a trading range between 112.52 and 115.62. As long as 115.62 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 118.60, and further decline to 110.00 area is...
