AUDUSD’s downward movement from 0.8795 extended to as low as 0.8214. Near term resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, further decline could be expected, and...
GBPUSD is forming a sideways consolidation in a range between 1.5541 and 1.5825. As long as 1.5825 resistance holds, the downtrend from 1.6182 (Oct 28 high) could be expected to resume, and next target would be at...
EURUSD moved sideways in a trading range between 1.2247 and 1.2599. The price action in the range could be treated as consolidation of the downtrend from 1.2867 (Oct 15 high), as long as 1.2599 resistance holds, the...
USDCAD remains in uptrend from 1.1191. Further rise would likely be seen, and next target would be at 1.1600 area. Support is at 1.1365, only break below this level will signal completion of the uptrend, then deeper...
USDCHF broke below 0.9646 support, indicating that the uptrend from 0.9531 had completed at 0.9817 already. Deeper decline would likely be seen, and the target would be at 0.9550 area. Resistance levels are at 0.9725 and 0.9817,...
USDJPY is facing 117.23 support, as long as this level holds, the fall from 121 .84 could be treated as consolidation of the uptrend from 105.32 (Oct 15 low), range trading between 117.23 and 121.84 would likely...
AUDUSD is facing the resistance of the downward trend line on 4-hour chart. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 0.8000 area. Only...
GBPUSD’s rise from 1.5541 extended to as high as 1.5756. Range trading between 1.5541 and 1.5825 could be seen over the next several days. As long as 1.5825 resistance holds, the price action in the range could...
EURUSD broke above the downward trend line on 4-hour chart, indicating that the downtrend from 1.2599 had completed at 1.2247 already. Range trading between 1.2247 and 1.2599 would likely be seen over the next several days.
USDCAD remains in uptrend from 1.1191, the fall from 1.1500 is likely consolidation of the uptrend. Support is at 1.1365, as long as this level holds, the uptrend could be expected to continue, and next target would...
