GBPUSD’s upward movement from 1.2302 extended to as high as 1.2540. Further rise is still possible and next target would be at 1.2600 area. Support is at 1.2400, a breakdown below this level will signal completion of...
EURUSD is in consolidation of the downtrend from 1.1299. Range trading between 1.0518 and 1.0800 would likely be seen in a couple of days. Resistance is at 1.0800, as long as this level holds, the downtrend could...
AUDUSD’s upward movement from 0.7310 extended to as high as 0.7497. Resistance is at 0.7550, as long as this level holds, the rise would possibly be correction of the downtrend from 0.7778, another fall to 0.7200 area...
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...
