EURUSD’s fall from 1.1285 extended to as low as 1.1166. Deeper decline is still possible and next target would be at around 1.1130. However, as long as 1.1109 support holds, the fall would possibly be consolidation of...
USDCAD is facing 1.3540 resistance. As long as this level holds, the price action from 1.3387 could be treated as consolidation of the downtrend from 1.3793 and another fall towards 1.3200 could be expected after the consolidation....
USDJPY’s rise from 109.11 extended to as high as 110.38. Further rally is still possible and next target would be at around 111.00. Support is at 109.11, only a breakdown below this level could trigger another fall...
AUDUSD remains in uptrend from 0.7371, the fall from 0.7566 could be treated as consolidation for the uptrend. Range trading between 0.7500 and 0.7566 would likely be seen in a couple of days. Near term support is...
A sharp drop had taken the GBPUSD pair to 1.2700 area, indicting that the pair is now in downtrend from 1.3047. Further decline could be expected over the next several days, and next target would be at...
EURUSD broke below 1.1200 support, indicating that lengthier consolidation for the uptrend from 1.0569 (Apr 10 low) is needed. Deeper decline could be expected in a couple of days, and the target would be at around 1.1130....
USDCAD failed to break below 1.3387 support and stays in the trading range between 1.3387 and 1.3540. The pair is now facing 1.3540 resistance, a clear break of this level will indicate that the downtrend from 1.3793...
USDJPY broke above 109.90 resistance, suggesting that the short term downtrend from 111.71 had completed at 109.11 already. Further rally would likely be seen in a couple of days and next target would be at 111.00, a...
AUDUSD’s bullish movement from 0.7371 extended to as high as 0.7566. Further rise is still possible after consolidation and next target would be at 0.7650 area. Near term support is at 0.7500, as long as this level...
GBPUSD broke above the resistance of the rising trend line on its 4-hour chart, suggesting that the pair is in short term uptrend from 1.2769. Further rise towards 1.3047 previous high would likely be seen in a...
