USDCAD’s upward movement from 1.3047 extended to as high as 1.3313. Support is located at the bottom of the price channel on 4-hour chart, as long as the channel support holds, the uptrend could be expected to...
USDJPY failed to break above 104.31 resistance. However, another rise to test this level is still possible after a minor consolidation. Support is at 102.30, only break below this level could bring price back to 100.50 zone.
AUDUSD’s downward movement from 0.7710 extended to as low as 0.7552. Further decline is still possible in a couple of days, and next target would be at 0.7400 area. Resistance is at 0.7660, only break above this...
GBPUSD’s downward movement from 1.3445 extended to as low as 1.1946. Consolidation is needed over the next several days, and the trading range would be between 1.2150 and 1.2550.
EURUSD stays below the downward trend line on 4-hour chart, and remains in short term downtrend from 1.1279. As long as the trend line resistance holds, the rise from 1.1104 could be treated as consolidation of the...
USDCAD is in downtrend from 1.3280, the rise from 1.3047 would possibly be correction of the downtrend. As long as 1.3280 resistance holds, the downtrend could be expected to resume, and another fall towards 1.3000 is possible....
USDJPY’s upward movement from 100.08 extended to as high as 103.66. Further rise could be expected after a minor consolidation, and next target would be at 106.00 area. Support is at 102.50, as long as this level...
AUDUSD is facing 0.7589 support, a breakdown below this level will indicate that the uptrend from 0.7441 had completed at 0.7710 already, then the following downward movement could bring price to 0.7300 zone. On the upside, as...
GBPUSD’s downward movement from 1.3445 extended to as low as 1.2685. Further decline could be expected after a minor consolidation, and next target would be at 1.2500 area. Near term resistance is at 1.2850, as long as...
EURUSD failed to break below 1.1123 support and stayed in the trading range between 1.1123 and 1.1279. Sideways movement in the range could be expected to continue in a couple of days. Support is at 1.1123, a...
