USDJPY stays in a ascending price channel on 4-hour chart and remains in uptrend from 108.13. Further rise could be expected after consolidation and next target would be at 113.00 area. Support is located at the bottom...
AUDUSD remains in downtrend from 0.7610, the rise from 0.7439 is likely consolidation of the downtrend. Resistance is at 0.7540, as long as this level holds, the downward movement could be expected to continue, and next target...
GBPUSD’s upward movement from 1.2756 extended to as high as 1.2965. Support is at the bottom of the price channel on 4-hour chart. As long as the channel support holds, the upward movement could be expected to...
EURUSD continued its sideways movement in a range between 1.0820 and 1.0950. Support is at 1.0820. As long as this level holds, the price action in the range could be treated as consolidation of the uptrend from...
USDCAD moved above 1.3534 resistance, indicating that the uptrend from 1.2968 has resumed. Further rise could be expected in a couple of weeks, and next target would be at 1.3800 area. Support is at 1.3500, only a...
USDJPY stays in a descending price channel on daily chart and remains in downtrend from 118.66. Resistance is at the top of the channel, as long as the pair is in the channel, the downtrend could be...
AUDUSD broke below 0.7472 support, indicating that the uptrend from 0.7158 had completed at 0.7749 already. Deeper decline could be expected over the next several weeks, and next target would be at 0.7300 area. Resistance is at...
GBPUSD is now in uptrend from 1.2109. Further rise could be expected over the next several weeks, and next target would be at 1.3500 area. Support is at 1.2600, only a break below this level will indicate...
EURUSD moved above the descending price channel on daily chart, indicating that the downward movement from 1.1616 (May 3, 2016 high) has completed at 1.0340 already. Further rise could be expected over the next several weeks and...
The USD/JPY pair rallied on Friday, but found a bit of resistance at the 50-day exponential moving average. Nonetheless, it looks as if we are trying to build up enough momentum to break above the 112 handle,...
