USDCAD’s downwards movement from 1.1278 extended to as low as 1.0957. Deeper decline to test 1.0910 (Feb 19 low) support is possible. Key resistance is at 1.1077, only break above this level could indicate that the downtrend...
USDCHF’s upward movement from 0.8699 extended to as high as 0.8952. Further rise is still possible after a minor consolidation, and next target would be at 0.9000 area. Key support is located at the upward trend line...
USDJPY remains in uptrend from 101.20, the fall from 104.12 is likely consolidation of the uptrend. Support is located at the lower line of the price channel on 4-hour chart. As long as the channel support holds,...
AUDUSD broke above 0.9303 resistance, suggesting that the uptrend from 0.8924 has resumed. Further rise could be expected, and next target would be at 0.9400 area. Support is at 0.9205, only break below this level could signal...
GBPUSD’s fall from 1.6684 extended to as low as 1.6553. Deeper decline is still possible, and next target would be at 1.6510 area. However, the fall is likely correction of the uptrend from 1.6465, as long as...
EURUSD broke below 1.3705 support, and continued its downward movement from 1.3966, and the fall extended to as low as 1.3672. Resistance is now at the upper line of the price channel on 4-hour chart. As long...
USDCAD moved sideways in a range between 1.0910 and 1.1278. As long as 1.0910 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.0182. Another rise is still possible...
USDCHF’s bounce from 0.8699 extended to as high as 0.8952. Further rise could be expected, and the target would be at the upper line of the price channel on daily chart. However, as long as the channel...
USDJPY continued its sideways movement in a range between 100.75 and 105.44. As long as 100.75 key support holds, the price action in the range could be treated as consolidation of the uptrend from 93.79 (Jun 13,...
AUDUSD stays above the upward trend line on daily chart, and remains in uptrend from 0.8660, and the rise extended to as high as 0.9306. The uptrend could be expected to continue in a couple of weeks,...
