AUDUSD is facing 0.7206 resistance, a break of this level would indicate that the uptrend from 0.7054 has resumed then further rise towards 0.7300 could be seen. Near term support is at 0.7140, a breakdown below this...
GBPUSD extended its upside movement from 1.2772 to as high as 1.3287, breaking above 1.3217 resistance. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected...
EURUSD broke above 1.1371 resistance, suggesting that the upside movement from 1.1234 has resumed. Further rise could be expected in a couple of days, and next target would be at 1.1450 area. Support is at the rising...
USDCAD is facing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 1.3112 could be treated as consolidation for the downtrend from 1.3339, another...
After touching 111.12 resistance, USDJPY pulled back into the trading range between 110.25 and 111.12, suggesting that lengthier consolidation for the uptrend from 108.49 is needed. However, as long as 110.25 support holds, one more rise towards...
No changed in our view, AUDUSD remains in the downtrend from 0.7206, the bounce from 0.7069 is likely correction for the downtrend. Another fall is possible after the correction and next target would be at 0.7000 area....
GBPUSD broke above 1.3108 resistance, suggesting that the upside movement from 1.2772 has resumed. Further rise could be expected and next target would be at 1.3250 area. Support is located at the bullish trend line on the...
EURUSD is facing 1.1371 resistance, a break of this level could trigger further upside movement towards 1.1450 area. Support is at 1.1316, only a breakdown below this level could bring the price back to 1.1250 area.
USDCAD extended its downside movement from 1.3339 to as low as 1.3124. As long as the price is below the falling trend line on the 4-hour chart, further decline is still possible and next target would be...
USDJPY continued its sideways movement in the trading range between 110.25 and 111.12. As long as 110.25 support holds, the price action in the range could be treated as consolidation for the uptrend from 108.49, a breakout...
