EURUSD remains in uptrend from 1.1118, the price action from 1.1445 could be treated as consolidation of the uptrend. As long as 1.1312 key support holds, the uptrend could be expected to continue and further rise towards...
USDCAD remains in downtrend from 1.3347, the rise from 1.2680 could be treated as consolidation of the downtrend. Range trading between 1.2680 and 1.2820 would likely be seen in a couple of days. Near term resistance is...
USDJPY failed to break below 112.74 key support and rebounded to 113.57. However, another fall to retest 112.74 support is still possible, a breakdown below this level will indicate that the uptrend from 108.81 had completed at...
AUDUSD broke above 0.7712 resistance, suggesting that the uptrend from 0.7328 (May 9 low) has resumed. Further rise is possible in a couple of days and next target would be at 0.7800 area. Support level is now...
GBPUSD broke above the falling trend line on its 4-hour chart, suggesting that the short term downtrend from 1.3029 had completed at 1.2811 already. Further rise to test 1.3029 resistance could be seen and a break of...
EURUSD remains in uptrend from 1.1118, the price action from 1.1445 could be treated as consolidation of the uptrend. Key support is at 1.1312, as long as this level holds, the uptrend could be expected to resume...
USDCAD continued its bearish movement from 1.3347 and fell sharply to as low as 1.2680. Further decline could be expected after a minor consolidation and next target would be at 1.2550 area. Near term resistance is at...
USDJPY broke below the bottom support trend line of the price channel on its 4-hour chart and is now facing 112.74 key support. A breakdown below this level will confirm that the uptrend from 108.81 had completed...
AUDUSD is now facing 0.7712 resistance, a break of this level will indicate that the uptrend from 0.7328 (May 9 low) has resumed, then next target would be at 0.7800 area. Near term support is at 0.7660,...
GBPUSD continued its downward movement from 1.3029 and the fall extended to as low as 1.2811. The pair is now facing the trend line resistance, as long as the trend line resistance holds, the downtrend could be...
