EURUSD broke above 1.1267 resistance and is now in uptrend from 1.1109. Further rise could be expected over the next several days and next target would be at 1.1450 area. Near term support is at 1.1200, only...
After touching 1.3540 resistance, USDCAD pulled back to 1.3480, indicating that the pair remains in downtrend from 1.3793 and the bounce from 1.3387 could be treated as consolidation of the downtrend. As long as 1.3540 resistance holds,...
USDJPY is testing 110.23 support. A breakdown below this level will signal resumption of the downtrend from 114.36, then next target would be at around 109.60. Resistance is at 112.13, only a break of this level could...
AUDUSD is facing the resistance of the bearish trend line on the 4-hour chart. A clear break of the trend line resistance will indicating that the downside movement from 0.7517 had completed at 0.7371 already, then the...
GBPUSD remains in downtrend from 1.3047, the bounce from 1.2769 could be treated as consolidation of the downtrend. Near term resistance is at the ascending trend line on the 4-hour chart now at around 1.2935. As long...
EURUSD broke above 1.1267 resistance, indicating that the uptrend from 1.0569 (Apr 10 low) has resumed. Further rise could be expected over the next several days and next target would be at 1.1450 area. Near term support...
USDCAD is facing 1.3540 resistance. A break of this level will indicate that the bearish movement from 1.3793 had completed at 1.3387 already, then the following bullish movement could bring price towards 1.3800. On the downside, as...
USDJPY breaks above 111.50 resistance, suggesting that the short term downtrend from 112.13 is complete. Further rally to test 112.13 resistance could be expected and a break through this level could take price to the next resistance...
AUDUSD broke below 0.7416 support and continued its short term bearish movement from 0.7517. Further decline to test 0.7328 support is possible in a couple days, a break through this level could take price to next support...
GBPUSD is facing the resistance of the ascending trend line at around 1.2930 on its 4-hour chart. As long as the pair is below the trend line, the bounce from 1.2769 could be treated as consolidation of...
