USDCAD’s upward movement from 1.1560 extended to as high as 1.2114. Further rise could be expected, and next target would be at 1.2200 area. Support is now at 1.1900, only break below this level could signal completion...
USDJPY’s upward movement from 115.85 extended to as high as 118.86. Further rise to test 120.82 resistance is possible, a break of this level will signal resumption of the longer term uptrend from 101.06 (Jul 10, 2014...
AUDUSD is in short term uptrend from 0.8032, the fall from 0.8294 is likely consolidation of the uptrend. Further rise to 0.8350 area to complete the upward movement is possible. Support is located at the upward trend...
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...
