EURUSD extended its upside movement from 1.1527 to as high as 1.1767, breaking above 1.1720 resistance. Support is located at the rising trend line on the 4-hour chart. As long as the trend line support holds, the...
USDCAD remains in the downtrend from 1.3385, the price action from 1.3129 is likely consolidation for the downtrend. As long as 1.3224 resistance holds, the downtrend could be expected to resume and further decline towards 1.2950 area...
No changed in our view, USDJPY remains in the downtrend from 111.13, the bounce from 110.27 could be treated as consolidation for the downtrend. Another fall could be expected after the consolidation and a breakdown below 110.27...
AUDUSD moved sideways in a trading range between 0.7310 and 0.7443. As long as 0.7443 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 0.7676, and a breakdown below 0.7310 support could...
GBPUSD’s upside movement from 1.3049 extended to as high as 1.3274. Further rise to test 1.3314 resistance is still possible in the coming days. Support is at 1.3165, only a breakdown below this level could bring the...
EURUSD is facing 1.1720 resistance, a breakout of this level could trigger further upside movement towards 1.1800. Near term support is at 1.1625, a breakdown below this level could bring the price back to next support level...
USDCAD remains in the downtrend from 1.3385. As long as 1.3224 resistance holds, the downside movement could be expected to continue and next target would be at 1.2950, followed by 1.2860. Only a breakout of 1.3224 resistance...
USDJPY is now in the downtrend from 111.13, the bounce from 110.27 is likely consolidation for the downtrend. Further decline could be expected after the consolidation and a breakdown below 110.27 support could trigger another fall towards...
AUDUSD extended its upside movement from 0.7310 to as high as 0.7424, breaking above the falling trend line on the 4-hour chart. Further rise to test 0.7443 resistance would likely be seen in the coming days, and...
GBPUSD extended its upside movement from 1.3049 to as high as 1.3249, breaking above 1.3213 resistance. Further rise is still possible in a couple of days and next target would be at 1.3314 resistance. Support level is...
