EURUSD broke above 1.1251 resistance, indicating that the downward movement from 1.1366 had completed at 1.1123 already. Further rise to test 1.1366 resistance would likely be seen over the next several days, a break of this level...
AUDUSD is facing the resistance of the downward trend line on 4-hour chart. As long as the trend line resistance holds, the rise from 0.7489 could be treated as consolidation of the downtrend from 0.7755. Further decline...
EURUSD is facing 1.1123 support, a breakdown below this level will signal resumption of the downtrend from 1.1366, then the following downward movement could bring price to 1.1000 area. Near term resistance is at 1.1251, only break...
USDCAD broke below the bottom of the price channel on 4-hour chart. However the fall from 1.3147 would possibly be correction of the uptrend from 1.2763. Another rise towards 1.3500 is still possible after correction.
USDJPY continued its upward movement from 99.52 and the rise extended to as high as 104.31. Further rise could be expected after a minor consolidation, and next target would be at 106.00 area. Support is now at...
AUDUSD stays below the downward trend line on 4-hour chart and remains in downtrend from 0.7755. As long as the trend line resistance holds, the rise from 0.7489 could be treated as consolidation of the downtrend. Further...
GBPUSD continued its upward movement from 1.2865, and the rise extended to as high as 1.3375. Further rise to test 1.3480 (Jul 15 high) resistance is possible. Near term support is at 1.3215, a breakdown below this...
EURUSD remains in downtrend from 1.1366, the bounce from 1.1123 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.1000 area. Near term resistance is at 1.1251,...
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No changed in our view, USDCAD is in uptrend from 1.2460. The price action from 1.3188 is treated as consolidation of the uptrend. Further rise to 1.3600 area to complete the upward movement could be expected after...
