AUDUSD broke below the support of the upward trend line on 4-hour chart. Further decline to test 0.8032 support could be seen, a breakdown below this level will confirm that the downtrend from 0.8910 (Oct 29, 2014...
GBPUSD moved sideways in a range between 1.5034 and 1.5268. The price action in the range is likely consolidation of the downtrend from 1.5785. As long as 1.5268 resistance holds, the downtrend could be expected to resume,...
EURUSD remains in downtrend from 1.2569, the rise from 1.1459 could be treated as consolidation of the downtrend. Further decline could be expected after consolidation, and next target would be at 1.1300 area. Resistance levels are at...
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,...
