No changed in our view, USDCAD remains in the uptrend from 1.2247, the fall from 1.2688 would possibly be consolidation for the uptrend. As long as 1.2489 support holds, the uptrend could be expected to resume and...
USDJPY extended its downside movement from 110.48 to as low as 107.40, facing the 107.31 (Sep 8, 2017 low) support. The key resistance is at the top trend line of the price channel on the 4-hour chart....
AUDUSD’s bounce from 0.7759 extended to as high as 0.7876. Further rise to test 0.7910 resistance is still possible. A breakout of this level could trigger further upside movement towards 0.7970. Near term support is at 0.7825....
No changed in our view, GBPUSD remains in the downtrend from 1.4345, the bounce from 1.3764 is likely consolidation of the downtrend. Another fall could be expected after the consolidation, a breakdown below 1.3764 could take price...
EURUSD extended its upside movement from 1.2205 to as high as 1.2371. Further rise could be expected in a couple of days, and next target would be at 1.2480 area. Near term support is at 1.2280, only...
USDCAD remains in the uptrend from 1.2247, the pullback from 1.2688 is likely consolidation of the uptrend. Range trading between 1.2489 and 1.2688 is possible in a couple of days. As long as 1.2489 support holds, the...
USDJPY stays below a falling trend line on the 4-hour chart and remains in the downtrend from 110.48. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...
AUDUSD is in corrective consolidation for the downtrend from 1.8135. Further rally is still possible in a couple of days and next target would be at 0.7910, followed by 0.7970. Support levels are at 0.7800 and 0.7759,...
GBPUSD remains in the downtrend from 1.4345. Further decline is still possible after a minor consolidation and next target would be at 1.3670 area. Resistance levels are at 1.3900 and 1.4066, only break above these levels could...
EURUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.2523 had completed at 1.2205 already. Further rally would likely be seen in the coming days and next target would...
