USDJPY remains in downtrend from 120.47, the rise from 118.23 is likely consolidation of the downtrend. Further decline would likely be seen after consolidation, and the target would be at 116.50 area. Key resistance is at 120.47,...
AUDUSD is facing 0.7875 resistance, a break of this level will indicate that lengthier consolidation of the downtrend from 0.8294 (Jan 15 high) is underway, then further rise to 0.8000 area could be seen. However, as long...
GBPUSD remains in uptrend from 1.4950, the fall from 1.5439 is likely consolidation of the uptrend. Support is at the bottom of the price channel on 4-hour chart, as long as the channel support holds, the uptrend...
EURUSD stayed in a narrow range between 1.1261 and 1.1534. Support is at 1.1261, a breakdown below this level will signal resumption of the downtrend from 1.2569 (Dec 16, 2014 high), then the following downward movement could...
USDCAD is forming a sideways movement in a range between 1.2352 and 1.2797. Key support is at 1.2352, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 1.1191...
USDJPY’s downward movement from 120.47 extended to as low as 118.23. Further decline could be expected and the target would be at 116.50 area. Key resistance is at 120.47, only break above this level will indicate that...
AUDUSD continued its sideways movement in a range between 0.7625 and 0.7875. As long as 0.7875 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 0.8294 (Jan 15 high),...
GBPUSD’s rise from 1.4950 extended to as high as 1.5439. Further rise is still possible after a minor consolidation, and next target would be at 1.5500 area. Near term support is at the bottom of the price...
EURUSD failed to break above 1.1534 resistance, and stayed in the trading range between 1.1097 and 1.1534. As long as 1.1534 resistance holds, the price action in the range could be treated as consolidation of the downtrend...
USDCAD moved sideways in a trading range between 1.2352 and 1.2797. As long as 1.2352 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.1191 (Nov 21, 2014 low), another rise towards...
