USDJPY broke above the downward trend line on 4-hour chart, indicating that the downtrend from 110.08 had completed at 105.32 already. Further rally would likely be seen in a couple of days, and next target would be...
AUDUSD stays in the trading range between 0.8642 and 0.8898. The price action in the range is likely consolidation of the downtrend from 0.9401. As long as 0.8898 resistance holds, the downtrend could be expected to resume,...
GBPUSD remains in downtrend from 1.6524, the price action from 1.5951 is likely consolidation of the downtrend. Near term resistance is located at the upper line of the price channel on 4-hour chart, as long as the...
EURUSD remains in uptrend from 1.2500, as long as the trend line support holds, the fall from 1.2867 could be treated as consolidation of the uptrend. Another rise could be expected after consolidation, and next target would...
USDCAD’s upward movement from 1.0619 extended to as high as 1.1385. Support is at 1.1070, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.1500 area. Only...
USDCHF is facing the support of the rising price channel on daily chart. As long as the channel support holds, the uptrend from 0.8703 could be expected to resume, and another rise towards 1.0000 is still possible....
USDJPY’s fall from 110.08 extended to as low as 105.19, however, the fall is likely correction of the uptrend from 101.06, another rise towards 115.00 could be expected after correction. Resistance is at 108.00, a break above...
AUDUSD moved sideways in a range between 0.8642 and 0.8898. The price action in the range is likely consolidation of the downtrend from 0.9504. Resistance is at 0.8898, as long as this level holds, the downtrend could...
GBPUSD’s downward movement from 1.7190 extended to as low as 1.5874. Further decline could be expected and next target would be at 1.5500 area. Near term resistance is at 1.6230, and the key resistance is at 1.6524,...
EURUSD is facing the resistance of the downward price channel on daily chart. As long as the channel resistance holds, the downtrend from 1.3993 could be expected to resume, and next target would be at 1.2000 area....
