GBPUSD’s bounce from 1.2302 had completed at 1.2531 already. The subsequent fall is likely resumption of the downtrend from 1.2673. Further decline would likely be seen over the next several days, and the target would be at...
EURUSD broke above 1.0657 resistance, indicating that the downtrend from 1.1299 had completed at 1.0518 already. Further rally is possible in a couple of days, and the target would be at 1.0800 area. Resistance is now at...
USDCAD remains in downtrend from 1.3588, the rise from 1.3377 is likely consolidation of the downtrend. Another fall to 1.3250 area to complete the downward movement is possible.
USDJPY broke below the upward trend line on 4-hour chart, indicating that consolidation of the uptrend from 101.18 is underway. Range trading between 109.00 and 113.89 would likely be seen over the next several days. Support is...
AUDUSD broke above 0.7444 resistance, indicating that the downtrend from 0.7778 had completed at 0.7310 already. Range trading between 0.7310 and 0.7500 is possible over the next several days. Resistance is at 0.7500, as long as this...
GBPUSD remains in downtrend from 1.2673, the rise from 1.2302 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and the target would be at 1.2000 area.
EURUSD is facing 1.0657 resistance, a break of this level will indicate that the downward movement from 1.1299 had completed at 1.0518 already, then further rally to 1.0800 area could be seen. On the downside, as long...
USDJPY continued its upward movement from 101.18 and the rise extended to as high as 113.89. Support is at the upward trend line on 4-hour chart. As long as the trend line support holds, the uptrend could...
AUDUSD broke above the downward price channel on 4-hour chart and is now facing 0.7441 resistance, a break of this level will indicate that the downward movement from 0.7778 had completed at 0.7310 already, then the following...
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.1299. Further decline to test 1.0462 (Mar 13, 2015 low) support would likely be seen in a couple of days. Near term...
