EURUSD broke above 1.0900 resistance and rebounded to 1.0930 area, indicating that the downward movement from 1.1021 had completed at 1.0839 already. However, the bounce would possibly be correction of the downtrend from 1.1021, another fall towards...
USDCAD moved sideways in a trading range between 1.3641 and 1.3793. Support level is at 1.3641, a breakdown below this level will confirm that the upward movement from 1.3223 had completed at 1.3793 already, then next target...
USDJPY continued its bullish movement from 108.13 and the rise extended to as high as 114.36. Near term support is at the ascending trend line on 4-hour chart. As long as the pair is above the trend...
No changed in our view, AUDUSD remains in downtrend from 0.7610, the bounce from 0.7328 could be treated as consolidation of the downtrend. Range trading between 0.7328 and 0.7426 would likely be seen in a couple of...
GBPUSD is testing that support of the bottom of the ascending price channel on 4-hour chart and it is also facing the key support of 1.2831. A breakdown below 1.2831 key support will indicate that the upward...
EURUSD continued its downward movement from 1.1021 and the fall extended to as low as 1.0839. Resistance level is at 1.0900, as long as this level holds, the downward movement could be expected to continue and next...
No changed in our view, USDCAD remains in downtrend from 1.3793, the rise from 1.3641 would possibly be consolidation of the downtrend. Another fall could be expected after the consolidation and next target would be at 1.3550...
USDJPY’s bullish movement from 108.13 extended to as high as 114.36. Support is now located at the ascending trend line on 4-hour chart. As long as the pair is above the trend line, the uptrend could be...
AUDUSD remains in downtrend from 0.7610, the rise from 0.7328 is likely consolidation of the downtrend. Near term resistance is at 0.7416, as long as this level holds, the downtrend could be expected to continue, and next...
GBPUSD remains in uptrend from 1.2365, the fall from 1.2988 is likely consolidation of the uptrend. Near term support is at the bottom of the rising price channel on 4-hour chart. As long as the pair is...
