GBPUSD is forming a sideways consolidation of the downtrend from 1.5785. Range trading between 1.5034 and 1.5300 would likely be seen in a couple of days. Resistance is at 1.5300, as long as this level holds, the...
EURUSD is in consolidation of the downtrend from 1.2569. Range trading between 1.1459 and 1.1870 would likely be seen in a couple of days. Key resistance is at 1.1870, as long as this level holds, the downtrend...
USDCAD remains in uptrend from 1.1560, the fall from 1.2046 could be treated as consolidation of the uptrend. Support levels are at 1.1880 and 1.1800, only break below these levels could bring price back to 1.1600 zone.
USDJPY broke above the top of the price channel on 4-hour chart, indicating that the downtrend from 120.82 is complete. Further rise could be expected, and next target would be at 120.50 area. Support is at 116.85,...
AUDUSD remains in short term uptrend from 0.8032, one more rise to 0.8350 area is still possible. However, the rise is likely consolidation of the downtrend from 0.8910 (Oct 29, 2014 high), another fall towards 0.7500 could...
GBPUSD is facing 1.5034 support, a breakdown below this level will indicate that the downtrend from 1.5785 has resumed, then next target would be at 1.4700 area. However, as long as 1.5034 support holds, sideways consolidation could...
EURUSD remains in downtrend from 1.2569, the rise from 1.1459 is likely consolidation of the downtrend. Near term resistance is at 1.1700, as long as this level holds, the downtrend could be expected to continue, and next...
USDCAD’s upward movement from 1.1560 extended to as high as 1.2046. Further rise could be expected, and next target would be at 1.2200 area. Support levels are at 1.1880 and 1.1800, only break below these levels could...
USDJPY stays in the downward price channel on 4-hour chart, and remains in downtrend from 120.82, another fall to test 115.56 support is still possible. Resistance is located at the top of the channel, only a clear...
AUDUSD’s bounce from 0.8032 extended to as high as 0.8294. Further rise could be expected, and the target would be at 0.8350 area. However, the rise is likely consolidation of the downtrend from 0.8910 (Oct 29, 2014...
