USDCHF is testing 0.8907 support, a breakdown below this level will confirm that the uptrend from 0.8703 (May 8 low) had completed at 0.9036 already, then next target would be at 0.8800 area. Near tern resistance is...
USDJPY is facing 101.60 support, a breakdown below this level will signal resumption of the downtrend from 102.79, then next target would be at 101.00 area. On the upside, as long as 101.60 support holds, the sideways...
AUDUSD stays in a trading range between 0.9321 and 0.9444. As long as 0.9321 support holds, the price action in the range could be treated as consolidation of the uptrend, another rise to test 0.9461 (Apr 10...
GBPUSD’s pullback from 1.7062 extended to as low as 1.6952. As long as 1.6921 support holds, the fall could be treated as consolidation of the uptrend from 1.6692, one more rise towards 1.7300 is still possible after...
EURUSD’s short term upward movement from 1.3512 extended to as high as1.3651. Near term support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be...
USDCAD remains in downtrend from 1.0960, the rise from 1.0715 could be treated as consolidation of the downtrend. Another fall could be expected, and next target would be at 1.0600 area. Resistance is at 1.0780, only break...
USDCHF is facing 0.8907 support again, a breakdown below this level will confirm that the uptrend from 0.8703 (May 8 low) had completed at 0.9036 already, then deeper decline to 0.8800 area could be seen. Near tern...
USDJPY moved sideways in a range between 101.60 and 102.35. The sideways movement is likely consolidation of the downtrend from 102.79, one more fall to 101.00 area is still possible after consolidation. Resistance is at 102.35, only...
Being contained by 0.9461 (Apr 10 high) resistance, AUDUSD pulled back from 0.9444, indicating that lengthier consolidation for the uptrend from 0.9208 is needed. Range trading between 0.9321 and 0.9444 would likely be seen in a couple...
GBPUSD broke below the lower line of the price channel on 4-hour chart, indicating that lengthier consolidation of the uptrend from 1.6692 is underway. Range trading between 1.6921 and 1.7062 would likely be seen in a couple...
