EURUSD remains in downtrend from 1.1366, the rise from 1.0340 is likely consolidation of the downtrend. Key resistance is at 1.0873, as long as this level holds, the downtrend could be expected to resume, and further decline...
USDCAD continued its downward movement from 1.3598, and the fall extended to as low as 1.3029. Near term resistance is now at 1.3190, as long as this level holds, the downtrend could be expected to continue, and...
USDJPY’s downward movement from 118.66 extended to as low as 113.75. Resistance is at the downward trend line on 4-hour chart. As long as the trend line resistance holds, the downtrend could be expected to continue, and...
AUDUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 0.7159. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
GBPUSD remains in downtrend from 1.2774 (Dec 6, 2016 high), the rise from 1.2037 is likely consolidation of the downtrend. Near term resistance is at the top of the price channel on 4-hour chart. As long as...
EURUSD broke above 1.0653 resistance, indicating that the pair is in short term uptrend from 1.0340. Further rise could be expected, and next target would be at 1.0800 area. Support is at the upward trend line on...
USDCAD’s downward movement from 1.3598 extended to as low as 1.3118. Further decline to test 1.3080 support is still possible. Key resistance is now at 1.3293, only break above this level could signal completion of the downtrend.
USDJPY broke below 114.73 support, indicating that the uptrend from 101.18 (Nov 9, 2016 low) had completed at 118.66 already. Further decline could be expected over the next several days, and next target would be at 112.50...
AUDUSD continued its upward movement from 0.7159 and the rise extended to as high as 0.7471. Support is now located at the upward trend line on 4-hour chart. As long as the trend line support holds, the...
GBPUSD stays in the downward price channel on 4-hour chart, and remains in downtrend from 1.2774 (Dec 6, 2016 high). Near term resistance is at the top of the channel. As long as the channel resistance holds,...