EURJPY failed in its last few attempts to break past the 123.00 area, creating a double top formation on its 4-hour chart. Price has yet to break below the neckline at the 118.00 major psychological mark before...
USDCAD is facing 1.3264 support, a breakdown below this level will indicate that the downtrend from 1.3535 has resumed, then next target would be at 1.3100 area. Resistance is at 1.3414, a break of this level will...
USDJPY broke above 111.57 resistance, indicating that the downward movement from 115.50 had completed at 110.11 already. Further rally would likely be seen over the next several days, and next target would be at 114.00 area. Support...
AUDUSD remains in uptrend from 0.7587, the fall from 0.7679 is likely correction of the uptrend. Another rise could be expected after the correction and next target would be at 0.7750 area. Support is at 0.7587, only...
GBPUSD remains in downtrend from 1.2615, the rise from 1.2376 is likely correction of the downtrend. As long as 1.2615 resistance holds, the downtrend could be expected to resume, and further decline to 1.2200 area is still...
EURUSD’s downward movement from 1.0905 extended to as low as 1.0650. Near term resistance is at 1.0705, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.0600...
USDCAD broke below the ascending price channel on daily chart, indicating that the upward movement from 1.2968 had completed at 1.3534 already. Another fall to 1.2900 area would likely be seen over the next several weeks. Resistance...
USDJPY remains in downtrend from 115.50, the rise from 110.11 is likely consolidation of the downtrend. Resistance is at 113.00, as long as the pair is below this level, the downtrend could be expected to continue, and...
AUDUSD remains in uptrend from 0.7158, the price action from 0.7740 could be treated as consolidation of the uptrend. As long as 0.7490 support holds, the uptrend could be expected to resume, and further rise to 0.8000...
GBPUSD continued its sideways movement in a range between 1.1946 and 1.2774. As long as 1.2774 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.5016, and further decline to 1.1500 area...
