USDJPY broke below 112.52 support, indicating that the downtrend from 118.66 (Dec 15, 2016 high) has resumed. Further decline could be expected over the next several days, and next target would be at 110.00 area. Near term...
GBPUSD is facing 1.2600 resistance, a break of this level will signal resumption of the uptrend from 1.1986, then further rise to 1.2800 area could be seen. Support is now at 1.2412, a breakdown below this level...
After consolidation, EURUSD continued its upward movement from 1.0340 and the rise extended to as high as 1.0812. Further rise could be expected and next target would be at 1.0900 area. Key support is now at 1.0620,...
USDCAD remains in downtrend from 1.3387, the rise from 1.3053 could be treated as consolidation of the downtrend. Further decline could be expected after consolidation, and next target would be at 1.2900 area. Resistance is at 1.3230,...
USDJPY moved sideways in a trading range between 112.52 and 115.62. As long as 115.62 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 118.60, and further decline to 110.00 area is...
No changed in our view, AUDUSD remains in uptrend from 0.7159. As long as 0.7493 support holds, the fall from 0.7608 could be treated as consolidation of the uptrend. Further rise would likely be seen after consolidation...
GBPUSD broke bellow the bottom of the price channel on 4-hour chart, indicating that the uptrend from 1.1986 had completed at 1.2673 already. Deeper decline would likely be seen in a couple of days, and next target...
EURUSD broke below the upward trend line on 4-hour chart. However as long as 1.0588 support holds, the fall from 1.0774 would possibly be consolidation of the uptrend from 1.0340, and further rise to 1.0900 area is...
Being contained by 1.3018 support, USDCAD rebounded from 1.3053. However, the bounce is likely consolidation of the downtrend from 1.3387, further decline to 1.2900 area is still possible after consolidation. Resistance is at 1.3230, only break above...
GBPUSD stays in the upward price channel on 4-hour chart, and remains in uptrend from 1.1986. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.2800...
