USDJPY moved sideways in a narrow range between 117.17 and 118.86. The price action in the range is likely consolidation of the short term uptrend from 115.85, another rise to test 120.82 resistance could be expected after...
AUDUSD broke above 0.8000 resistance, indicating that lengthier consolidation of the downtrend from 0.8294 is underway. Range trading between 0.7857 and 0.8100 would likely be seen over the next several days.
GBPUSD is facing the resistance of the top of the price channel on 4-hour chart. As long as the channel resistance holds, the price action from 1.5034 could be treated as consolidation of the downtrend from 1.5785,...
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.2569. As long as the trend line resistance holds, the rise from 1.1097 could be treated as consolidation of the downtrend, and...
USDCAD’s upward movement from 1.1560 extended to as high as 1.2494. Further rise could be expected after a minor consolidation, and next target would be at 1.2700 area. Support is at 1.2250, only break below this level...
USDJPY is facing 118.86 resistance, a break of this level will signal resumption of the uptrend from 115.85, then further rise to test 120.82 resistance could be seen. Support is at 116.90, only break below this level...
AUDUSD remains in downtrend from 0.8294, the rise from 0.7857 is likely consolidation of the downtrend. Resistance is at 0.8000, as long as this level holds, the downtrend could be expected to continue, and next target would...
GBPUSD remains in downtrend from 1.5785, the price action from 1.5034 is likely consolidation of the downtrend. Near term resistance is at the top of the price channel on 4-hour chart, as long as the channel resistance...
EURUSD remains in downtrend from 1.2569, the rise from 1.1097 is likely consolidation of the downtrend. Near term resistance is at 1.1350, as long as this level holds, the downtrend could be expected to continue, and next...
USDCAD remains in uptrend from 1.1560. Near term support is at 1.2250, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.2700 area. Key support is located...
