EURUSD broke below 1.1390 support, suggesting that consolidation for the uptrend from 1.1176 is underway. Range trading between 1.1335 and 1.1448 would likely be seen in the coming days. As long as 1.1335 support holds, the upside...
USDCAD is facing 1.3250 support, a breakdown below this level could trigger another downside movement towards 1.3150. Key resistance is at 1.3370, only break above this level would indicate that the downtrend from 1.3467 is complete.
USDJPY broke below the lower border of the triangle pattern on the 4-hour chart. Deeper decline could be expected in the coming days and next target would be at 109.50 area. Resistance is at 111.20, as long...
AUDUSD broke above 0.7119 resistance and extended its upside movement from 0.7003 to as high as 0.7168. Further rise could be expected in the coming days and next target would be at 0.7200 area. Near term support...
GBPUSD broke below 1.3184 support, suggesting that the upside movement from 1.2960 had completed at 1.3381 already. Further decline could be expected in a couple of days and next target would be at 1.3000 area. Resistance is...
EURUSD extended its upside movement from 1.1176 to as high as 1.1448, breaking above 1.1419 resistance. Further rise is still possible after a minor consolidation and next target would be at 1.1500 area. Support is at 1.1390,...
USDCAD extended its downside movement from 1.3467 to as low as 1.3250. Key resistance is at 1.3370, as long as this level holds, the downside movement could be expected to continue and next target would be at...
USDJPY is forming a triangle pattern on the 4-hour chart. The triangle pattern is likely consolidation for the uptrend from 105.05 (Jan 3 low), a breakout of the upper border of the pattern could trigger further upside...
AUDUSD broke below the bullish support trend line on the 4-hour chart, suggesting that the short term uptrend from 0.7003 had completed at 0.7119 already. Further decline is still possible and next target would be at 0.7000...
GBPUSD remains in the uptrend from 1.2960, the fall from 1.3381 is likely consolidation for the uptrend. Support is at 1.3184, as long as this level holds, another rise towards 1.3500 could be expected after the consolidation....
