EURUSD continued its sideways movement in a trading range between 1.1725 and 1.1879. The sideways movement is likely consolidation of the short term uptrend from 1.1669. Another rise could be expected after the consolidation and a breakout...
USDCAD continued its bullish movement from 1.2061 and the rise extended to as high as 1.2692. Near term support is at 1.2530, followed by 1.2433, as long as these levels hold, further rise could be expected and...
USDJPY remains in the uptrend from 111.65, the fall from 114.09 is likely consolidation of the uptrend. Near term support is at 113.24, followed by the bullish trend line on the 4-hour chart. As long as the...
AUDUSD broke below 0.7732 support, indicating that the downtrend from 0.8124 has resumed. Further decline could be expected in the coming days and next target would be at the resistance-turned-support trend line on the weekly chart now...
GBPUSD failed its attempts to breakout of 1.3228 resistance and pulled back to 1.3110 area, suggesting that the pair remains in the short term downtrend from 1.3337 and deeper decline towards the major support trend line on...
EURUSD moved sideways in a trading range between 1.1725 and 1.1879. An upside break of 1.1795 resistance could trigger another rise towards 1.1879. Above this level could aim next resistance level at 1.2029. On the downside, below...
USDCAD’s upside movement from 1.2061 extended to as high as 1.2636. Further rise is still possible and next target would be at 1.2778 (Aug 15 high). Support levels are at 1.2530 and 1.2433, only break below these...
USDJPY stays above a rising trend line on the 4-hour chart and remains in the uptrend from 111.65. As long as the price is above the trend line, the fall from 114.09 could be treated as consolidation...
AUDUSD’s fall from 0.7897 extended to as low as 0.7795. Further decline is still possible and next target would be at 0.7732 previous low, followed by the resistance-turned-support trend line on the weekly chart now at around...
GBPUSD is facing 1.3228 resistance, above this level will indicate that the downside movement from 1.3337 had completed at 1.3087 already. Then further rally could be seen and next target would be at 1.3337 resistance. However, as...
