AUDUSD extended its upside movement from 0.7199 to as high as 0.7344, breaking above 0.7337 resistance. The upside movement could be expected to continue and next target would be at 0.7400 area. Near term support is at...
GBPUSD failed to break above the bearish trend line on the 4-hour chart, suggesting that the pair remains in the downtrend from 1.3174. As long as the trend line resistance holds, the price action from 1.2723 could...
EURUSD is now in the uptrend from 1.1267. Further rally would likely be seen in a couple of days and next target would be at 1.1450 area. Near term support is at 1.1340, only a breakdown below...
USDCAD stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 1.2782 (Oct 1 low). As long as the channel support holds, the uptrend could be expected to continue and next...
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 112.30. As long as the channel support holds, the fall from 114.03 could be treated as consolidation for the uptrend....
AUDUSD broke above 0.7277 resistance, suggesting that the upside movement from 0.7020 has resumed. Further rise would likely be seen and a breakout of 0.7337 resistance could take the price to 0.7400 area. Support is at 0.7260,...
GBPUSD is facing the resistance of the falling trend line on the 4-hour chart. A clear break above the trend line resistance would indicate that the downside movement from 1.3174 had completed at 1.2723 already, then further...
EURUSD broke above 1.1340 resistance, suggesting that the downside movement from 1.1472 had completed at 1.1267 already. Further rally would likely be seen and next target would be at 1.1450 area. Support is at 1.1320, only a...
USDCAD broke above 1.3317 resistance, suggesting that the uptrend from 1.2782 (Oct 1 low) has resumed. Further rise could be expected and next target would be at 1.3400 area. Near term support is at 1.3285, a breakdown...
USDJPY’s upside movement from 112.30 extended to as high as 113.85. Further rise is still possible and next target would be at 114.00 area. Near term support is at 113.40, a breakdown below this level could bring...
