No changed in our view, GBPUSD remains in uptrend, the pullback from 1.2904 could be treated as consolidation of the uptrend. Support is at 1.2700, as long as this level holds, the uptrend could be expected to...
EURUSD remains in uptrend from 1.0569, the fall from 1.0918 is likely consolidation of the uptrend. Another rise could be expected after the consolidation and next target would be at 1.1000 area. Support is at 1.0775, as...
Short term Elliott wave view in USDCAD suggest that the cycle from 4/13 low (1.3218) is unfolding as an impulsive Elliott wave structure . This 5 wave move could be wave ((a )) of an Elliott wave zigzag structure structure or...
GBPUSD had previously been trading inside a range with support at 1.2100 and resistance at 1.2700. Just recently, price made an upside breakout, signaling that further gains are likely. The rectangle is 600 pips tall so the...
Under pressure by 1.3535 resistance, USDCAD pulled back from 1.3525. Support is now located at the bottom of the ascending price channel on 4-hour chart. As long as the pair is in the channel, the upward movement...
USDJPY broke above the top of the descending price channel on 4-hour chart, indicating that the downward movement from 112.19 had completed at 108.13 already. However, the bounce from 108.13 would possibly be consolidation of the longer...
AUDUSD broke above 0.7550 resistance, indicating that the downward movement from 0.7610 had completed at 0.7491 already. The pair is now in uptrend from 0.7491. Further rise could be expected and next target would be at 0.7650...
GBPUSD remains in uptrend from 1.2365, the fall from 1.2904 is likely consolidation of the uptrend. Support is at 1.2700, as long as this pair is above this level, the uptrend could be expected to continue, and...
EURUSD continued its upward movement and the rise extended to as high as 1.0918. Further rise could be expected after consolidation and next target would be at 1.1000 area. Support is at 1.0800, as long as this...
USDCAD is facing 1.3534 resistance. A break of this level will signal resumption of the uptrend from 1.2968, then next target would be at 1.3800 area. Support is at 1.3223, only break below this level could signal...
