USDCAD extended its downside movement from 1.2920 to as low as 1.2630, facing 1.2623 support. Near term resistance is at the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the...
USDJPY failed to break above 113.75 resistance and pulled back from 113.63, suggesting that lengthier sideways movement in a range between 112.03 and 113.75 is underway. Deeper decline to 112.40 area would likely be seen in the...
AUDUSD extended its upside movement from 0.7501 to as high as 0.7783. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next...
GBPUSD continued its sideways movement in a range between 1.3301 and 1.3466. As long as the price is below 1.3466 resistance, the price action in the range could be treated as consolidation of the downtrend from 1.3549,...
EURUSD broke above 1.1901 resistance, indicating that the short term uptrend from 1.1717 has resumed. Near term support is at the rising trend line on the 4-hour chart. As long as the trend line support holds, further...
USDCAD dropped sharply from 1.2920 to as low as 1.2699, breaking below 1.2713 support. Further decline is still possible after a minor consolidation and next target would be at 1.2623 support. Below this level could bring price...
USDJPY is facing 113.75 resistance. A breakout of this level will confirm that the uptrend from 110.84 has resumed, then next target would be at 114.73 resistance. Support is at the bottom of the rising price channel...
AUDUSD broke above 0.7694 resistance, indicating that the uptrend from 0.7501 has resumed. Further rise could be expected and next target would be at 0.7800 area. Support levels are at 0.7670 and 0.7635, only break below these...
GBPUSD moved sideways in a range between 1.3301 and 1.3466 for several days. Key resistance is at 1.3466. As long as this level holds, the price action in the range could be treated as consolidation of the...
EURUSD is now in short term uptrend from 1.1717, the fall from 1.1901 is likely consolidation of the uptrend. A breakout of 1.1901 resistance would trigger further upside movement to test 1.1961 resistance. Above this level could...
