EURUSD broke above 1.1350 resistance, suggesting that the short term downtrend from 1.1442 had completed at 1.1269 already. Further rally would likely be seen in a couple of days and next target would be at 1.1420 area....
USDCAD moved sideways in a trading range between 1.3253 and 1.3444. The price action in the range is likely consolidation for the uptrend from 1.3159 and further rise towards 1.3500 is still possible. Support is at 1.3300,...
USDJPY remains in the uptrend from 112.23, the pullback from 113.70 is likely consolidation for the uptrend. As long as 113.00 support holds, the uptrend could be expected to continue and next target would be at 114.00...
AUDUSD broke below 0.7178 support and extended its downside movement from 0.7393 to as low as 0.7151. Further decline is still possible in the coming days and next target would be at 0.7100 area. Resistance levels are...
GBPUSD remains in the downtrend from 1.3174, the price action from 1.2475 is likely consolidation for the downtrend. As long as the prices are below the falling trend line on the 4-hour chart, the downside movement could...
EURUSD broke below the bottom support trend line of the triangle pattern on the 4-hour chart. Further decline could be expected in the coming days and next target would be at 1.1200 area. Near term resistance is...
No changed in our view, USDCAD remains in the uptrend from 1.3159, the price action from 1.3444 is likely consolidation for the uptrend. As long as 1.3300 support holds, another rise to test 1.3444 resistance is possible,...
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 112.23. As long as the channel support holds, the upside movement could be expected to continue and next target would...
AUDUSD is facing 0.7178 support, a breakdown below this level could trigger further downside movement to 0.7100 area. Key resistance is at 0.7246, above this level would indicate that the downside movement had completed at 0.7178 already,...
GBPUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3174, as long as the trend line resistance holds, the bounce from 1.2475 could be treated as consolidation for the...
