EURUSD moved sideways in a trading range between 1.1823 and 1.2092. As long as 1.1823 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.0569 (Apr 10 low), and another rise towards...
USDCAD remains in downtrend from 1.2778, the bounce from 1.2061 is likely consolidation of the downtrend. Near term resistance is at 1.2300, followed by the bearish trend line on the daily chart now at 1.2480. Further decline...
USDJPY is now in uptrend from 107.31. Further rise could be expected in the coming days and next target would be at 112.50 area. Near term support is at 109.54, only a breakdown below this level would...
AUDUSD stays in a bullish price channel on its 4-hour chart and remains in the uptrend from 0.7807. As long as the price is in the channel, the pullback from 0.8124 could be treated as consolidation of...
GBPUSD extended its bullish movement from 1.2774 to as high as 1.3616. Near term support is at 1.3490, followed by 1.3400. As long as these levels hold, the upside movement could be expected to continue and next...
EURUSD broke above the descending trend line on its 4-hour chart, indicating that the short term downtrend from 1.2092 had completed at 1.1837 already. Further rally could be expected and next target would be at 1.2092 previous...
USDCAD extended its rebound from 1.2061 to as high as 1.2239. Further rise is still possible and the target would be at the bearish trend line on the daily chart. However, the bounce is likely consolidation of...
USDJPY broke above 110.94 resistance, indicating that the downtrend from 114.49 (Jul 11 high) had completed at 107.31 already. The pair is now in uptrend from 107.31, the fall from 111.03 could be treated as correction of...
AUDUSD rebounded from 0.7955 after touching the bottom support trend line of the price channel on the 4-hour chart, indicating that the pair remains in the uptrend from 0.7807. As long as the price is in the...
GBPUSD extended its upside movement from 1.2774 to as high as 1.3405, facing the resistance level at 1.3444. Near term support is at the bullish trend line on the 4-hour chart. As long as the price is...
