GBPUSD stays in a upward price channel on daily chart, and remains in uptrend from 1.4813 (Jul 9, 2013 low), the fall from 1.6822 could be treated as consolidation of the uptrend. Key support is located at...
EURUSD broke above 1.3892 resistance, indicating that the uptrend from 1.2747 (Apr 4, 2013 low) has resumed. Further rise could be expected after a minor consolidation, and next target would be at 1.4200 area. Support is located...
Editor’s note: You’ll find a text version of this article below the video. Two economic reports hit the newswires Thursday morning (March 6). Both were important, yet each one had the opposite implication for the trend. The...
USDCAD’s downward movement from 1.1192 extended to as low as 1.0955. Deeper decline is still possible, and next target would be at 1.0900 area. Key resistance is located at the downward trend line on 4-hour chart, only...
After touching the downward trend line on 4-hour chart, USDCHF pulled back to 0.8794. The fall from 0.8895 is likely resumption of the downtrend from 0.9081. Deeper decline could be expected, and next target would be at...
USDJPY broke above 102.82 resistance, suggesting that the uptrend from 100.75 has resumed. Further rise could be expected, and next target would be at 104.00 area. Support is at 102.20, as long as this level holds, the...
AUDUSD broke above 0.9080 resistance, suggesting that the uptrend from 0.8660 (Jan 24 low) has resumed. Further rise could be expected, and next target would be at 0.9200 area. Support is at 0.9030, as long as this...
GBPUSD moved sideways in a trading range between 1.6582 and 1.6822. Key support is at 1.6582, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend from...
EURUSD continued its upward movement from 1.3477, and the rise extended to as high as 1.3872. Initial support is at 1.3800, and the key support is at the upward trend line on 4-hour chart, only a clear...
USDCAD continues its downward movement from 1.1192, and the fall extends to as low as 1.1025. Deeper decline is still possible, and next target would be at 1.0970 area. Resistance is at the downward trend line on...
