USDJPY remains in downtrend from 118.60, the price action from 112.56 is likely consolidation of the downtrend. Near term resistance is at the downward trend line on 4-hour chart. As long as the trend line resistance holds,...
AUDUSD’s upward movement from 0.7159 extended to as high as 0.7608. Further rise could be expected after a minor consolidation, and next target would be at 0.7700 area. Support is now at 0.7493, only break below this...
GBPUSD continued its upward movement from 1.1986 and the rise extended to as high as 1.2647. Near term support is at the upward trend line on 4-hour chart. As long as the trend line support holds, the...
EURUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.0340. As long as the trend line support holds, the uptrend could be expected to continue and next target would be at...
USDCAD remains in uptrend from 1.3018, the fall from 1.3387 is likely consolidation of the uptrend. Range trading between 1.3240 and 1.3387 is possible in a couple of days. Near term support is at 1.3240, as long...
After touching that downward trend line on 4-hour chart, USDJPY pulled back to 113.65, indicating that the pair remains in downtrend from 118.60. Further decline is still possible in a couple of days, and next target would...
AUDUSD remains in uptrend from 0.7159, and the rise extended to as high as 0.7588. Near term support is at the bottom of the price channel on 4-hour chart. As long as the channel support holds, the...
GBPUSD is in consolidation of the uptrend from 1.1986. Range trading between 1.2180 and 1.2415 would likely be seen in a couple of days. Support is at 1.2180, as long as this level holds, the uptrend could...
EURUSD broke above 1.0719 resistance and continued its upward movement from 1.0340. Further rise could be expected and next target would be at 1.0800 area. Support is located at the upward trend line on 4-hour chart, only...
USDCAD remains in uptrend from 1.3018, the fall from 1.3353 is likely consolidation of the uptrend. Further rise could be expected after consolidation and next target would be at 1.3500 area. Support is at 1.3150, only break...
