AUDUSD stays below the downward trend line on daily chart, and remains in downtrend from 0.9504 (Jul 1, 2014 high), and the rise from 0.7625 is likely consolidation of the downtrend. Resistance is located as the trend...
GBPUSD is facing the resistance of the downward trend line on daily chart. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 1.4500 area. However,...
EURUSD’s bounce from 1.1097 extended to as high as 1.1533. Near term resistance is at 1.1600, as long as this level holds, the bounce could be treated as consolidation of the downtrend from 1.3993 (May 8, 2014...
USDCAD remains in uptrend from 1.1191 (Nov 21, 2014 low), the fall from 1.2797 would possibly be consolidation of the uptrend. Range trading between 1.2200 and 1.2797 would likely be seen over the next several days.
USDJPY stays in the downward price channel on 4-hour chart, and remains in short term downtrend from 118.86. However, the downward movement would possibly be consolidation of the longer term uptrend from 115.85, another rise to test...
AUDUSD remains in downtrend from 0.8294, the rise from 0.7625 could be treated as consolidation of the downtrend. Range trading between 0.7625 and 0.7950 would likely be seen over the next several days. Resistance is at 0.7950,...
GBPUSD is facing 1.5268 resistance, as long as this level holds, the sideways movement in the range between 1.4950 and 1.5268 could be treated as consolidation of the downtrend from 1.5785 (Dec 16, 2014 high), and another...
EURUSD is in consolidation of the downtrend from 1.2569 (Dec 16, 2014 high). Range trading between 1.1097 and 1.1650 would likely be seen over the next several days. Key resistance is at 1.1650, as long as this...
USDCAD broke below 1.2380 support, indicating that the uptrend from 1.1803 had completed at 1.2797 already. Range trading between 1.2200 and 1.2797 would likely be seen over the next several days.
USDJPY is facing the resistance of the price channel on 4-hour chart, a clear break above the channel resistance will indicate that the uptrend from 115.85 has resumed, then the following upward movement could bring price to...
