After touching the bullish trend line on the 4-hour chart, EURUSD rebounded from 1.1823, indicating that the pair remains in the uptrend from 1.1662. Further rally would likely be seen and next target would be at 1.2000...
USDCAD failed to break below 1.2413 support and rebounded strongly to 1.2650. Further rise to test 1.2778 resistance is possible in the coming days. Support is at 1.2545, only break below this level could trigger another fall...
USDJPY failed to break below 108.13 (Apr 17 low) support and rebounded strongly from 108.26. The pair is now facing 110.94 key resistance. A breakout of this level will indicate that the downside movement from 114.49 had...
AUDUSD is facing 0.7866 support, a breakdown below this level could indicate that the uptrend from 0.7807 had completed at 0.7995 already, then the following downside movement could bring price to 0.7700 area. On the upside, as...
GBPUSD remains in the uptrend from 1.2774, the pullback from 1.2978 is likely correction of the uptrend. Another rise could be expected after the correction and a break of 1.2978 resistance could signal resumption of the uptrend....
EURUSD stays above a bullish support trend line on its 4-hour chart and remains in the uptrend from 1.1662. As long as the trend line support holds, the uptrend could be expected to continue and next target...
USDCAD extended its short term downtrend from 1.2778 to as low as 1.2444, facing the previous low support at 1.2413. A breakdown below this level could signal resumption of the downtrend from 1.3793 (May 5 high), then...
After consolidation, USDJPY continued its downside movement from 114.49 and the fall extended to as low as 108.33. Further decline to test 108.13 (Apr 17 low) key support is still possible, a breakdown below this level could...
AUDUSD broke above 0.7962 resistance, indicating that the uptrend from 0.7807 has resumed. Further rise could be expected in a couple of days, and next target would be at 0.8030 area. Support is at 0.7866, only a...
GBPUSD is now in uptrend from 1.2774. Further rise is still possible and next target would be at 1.3000 area. Near term support is at 1.2870, only a breakdown below this level will indicate that correction for...
