USDCHF broke below 0.8743 support, indicating that the downtrend from 0.8952 has resumed. Further decline would likely be seen, and next target would be at 0.8600 area. Resistance is at 0.8780, only break above this level could...
USDJPY is facing 101.32 support, a breakdown below this level will indicate that the downtrend from 104.12 has resumed, then the following downward movement could bring price to 96.00 area. Resistance is at 102.00, only break above...
AUDUSD broke above 0.9316 key resistance, indicating that the downtrend from 0.9461 had completed at 0.9202 already. The pair is now in uptrend, further rise could be expected, and next target would be at 0.9500 area. Support...
GBPUSD’s upward movement from 1.6465 (Mar 24 low) extended to as high as 1.6996. Key support is now located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend...
EURUSD broke above 1.3905 resistance, indicating that the uptrend from 1.3672 has resumed. Further rise could be expected, and next target would be at 1.4000 area. Support is at 1.3870, only break below this level could signal...
USD/CHF has been moving inside a falling trend channel for the past week, as dollar demand has remained weak while Swiss economic data have shown improvements. The pair just came off a test of the channel resistance...
USDCAD remains in downtrend from 1.1053, the price action in the trading range between 1.0935 and 1.1004 is likely consolidation of the downtrend. Further decline could be expected after consolidation, and next target would be at 1.0850...
USDCHF is facing 0.8743 support, a breakdown below this level will signal resumption of the downtrend from 0.8952, then the following downward movement could bring price to 0.8300 area. However, as long as 0.8743 support holds, the...
USDJPY is now in downtrend from 103.02. Further decline would likely be seen after a minor consolidation, and next target would be at 101.45 area. Resistance is at 102.45, only break above this level could trigger another...
AUDUSD broke above the upper line of the price channel on 4-hour chart. Further rise to test 0.9316 key resistance is possible, a break above this level will signal completion of the downtrend from 0.9461, then the...
