USDCAD remains in downtrend from 1.3147, the rise from 1.2822 could be treated as consolidation of the downtrend. Further decline to test 1.2763 support is still possible after consolidation. Resistance is at 1.2970, only break above this...
USDJPY is in downtrend from 104.31. The rise from 101.20 is likely consolidation of the downtrend. Further decline is possible after consolidation, and next target would be at 100.00 area. Key support is at 99.52, a breakdown...
Being contained by 0.7755 resistance, AUDUSD pulled back from 0.7731. However, the fall would possibly be consolidation of the uptrend from 0.7489. Another rise is still possible after consolidation, and next target would be at 0.7800 area....
GBPUSD stays in a upward price channel on 4-hour chart, indicating that the pair remains in uptrend from 1.2865. Support is located at the bottom of the channel. As long as the channel support holds, the uptrend...
EURUSD remains in uptrend from 1.1123, the fall from 1.1326 is likely consolidation of the uptrend. Another rise could be expected after consolidation, and next target would be at 1.1400 area. Support is at 1.1225, only break...
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Being contained by 1.3480 (Jul 15 high) resistance, GBPUSD pulled back from 1.3445. However, the fall would possibly be consolidation of the uptrend from 1.2865, another rise to test 1.3480 resistance is still possible after consolidation. Support...
EURUSD’s upward movement from 1.1123 extended to as high as 1.1299. Further rise could be expected in a couple of days and next target would be at 1.1350 area. Support is at 1.1225, only break below this...
The USD/JPY pair initially fell during the course of the session on Wednesday, but bounced off of the 101.50 level to form a bit of a hammer. The hammer of course is a bullish sign, and a...
The USD/CAD pair bounced during the course of the day on Wednesday, showing little bits of life, but at this point in time this is most certainly a very negative market overall, as the 1.30 level above...
