EURUSD remains in the short term downtrend from 1.1570, the bounce from 1.1450 would possibly be consolidation for the downtrend. Further decline is still possible and next target would be at 1.1400 area. Near term resistance is...
USDCAD’s bounce from 1.3179 extended to as high as 1.3278. Further rally is still possible and the target would be at 1.3322 resistance. As long as 1.3322 resistance holds, the bounce could be treated as consolidation for...
USDJPY moved sideways in a trading range between 107.76 and 109.08. Support is at 107.76, as long as this level holds, the uptrend from 105.05 could be expected to continue and next target would be at 110.40...
AUDUSD stays above the bullish trend line on the 4-hour chart, suggesting that the pair remains in the uptrend from 0.6765. As long as the trend line support holds, the upside movement could be expected to continue...
GBPUSD broke above 1.2814 resistance, suggesting that the uptrend from 1.2396 has resumed. Further rise could be expected and next target would be at 1.3000 area. Key support is at 1.2705, a breakdown below this level could...
EURUSD broke below the rising trend line on the 4-hour chart, suggesting that the short term uptrend from 1.1303 had completed at 1.1570 already. Deeper decline would likely be seen and next target would be at 1.1400...
USDCAD is in consolidation for the downtrend from 1.3664. Range trading between 1.3179 and 1.3322 would likely be seen in a couple of days. As long as 1.3322 resistance holds, the downtrend could be expected to resume...
USDJPY is now in the short term downtrend from 109.08. Further decline could be expected after correction and next target would be at 106.50 area. Key resistance is at 109.08, a break of this level could trigger...
AUDUSD continued its upside movement from 0.6765 and the rise extended to as high as 0.7204. Further rise is still possible after a minor consolidation and next target would be at 0.7300 area. Near term support is...
GBPUSD moved sideways below the key resistance at 1.2814. A break of this level could trigger further upside movement towards 1.2900. Near term support is at 1.2705, below this level could bring the price back to 1.2550...
