USDCAD moved above 1.3534 resistance, indicating that the uptrend from 1.2968 has resumed. Further rise could be expected in a couple of weeks, and next target would be at 1.3800 area. Support is at 1.3500, only a...
USDJPY stays in a descending price channel on daily chart and remains in downtrend from 118.66. Resistance is at the top of the channel, as long as the pair is in the channel, the downtrend could be...
AUDUSD broke below 0.7472 support, indicating that the uptrend from 0.7158 had completed at 0.7749 already. Deeper decline could be expected over the next several weeks, and next target would be at 0.7300 area. Resistance is at...
GBPUSD is now in uptrend from 1.2109. Further rise could be expected over the next several weeks, and next target would be at 1.3500 area. Support is at 1.2600, only a break below this level will indicate...
EURUSD moved above the descending price channel on daily chart, indicating that the downward movement from 1.1616 (May 3, 2016 high) has completed at 1.0340 already. Further rise could be expected over the next several weeks and...
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...
USDJPY’s downward movement from 118.66 extended to as low as 108.13. Further decline could be expected after consolidation and next target would be at 106.00 area. Near term resistance is at 110.00, as long as this level...
AUDUSD remains in uptrend from 0.7158, the price action from 0.7740 is likely consolidation of the uptrend. Another rise towards 0.7800 could be expected after the consolidation. Support is now at 0.7472, only break below this level...
GBPUSD broke out the upper line of the triangle pattern, indicating that lengthier consolidation for the long term downtrend from 1.7190 (Jul 15, 2014 high) is underway. Further rise could be expected over the next several weeks,...
EURUSD is testing the resistance of the descending price channel on daily chart. As long as the pair is in the channel, the price action from 1.0340 could be treated as consolidation of the downtrend from 1.1616...
