AUDUSD broke below 0.8032 support, indicating that the downtrend from 0.8910 (Oct 29, 2014 high) has resumed. Further decline could be expected, and next target would be at 0.7800 area. Resistance levels are at 0.8140 and 0.8294,...
GBPUSD broke below 1.5034 support, and the downward movement from 1.5785 extended to as low as 1.4971. Further decline could be expected, and next target would be at 1.4700 area. Key resistance is at 1.5268, only break...
EURUSD broke below 1.1459 previous low support, and continued its downward movement from 1.2569, and the fall extended to as low as 1.1316. Further decline could be expected, and next target would be at 1.1000 area. Near...
USDCAD continued its upward movement from 1.1560, and the rise extended to as high as 1.2393. Further rise could be expected after a minor consolidation, and next target would be at 1.2600 area. Support is at 1.2100,...
USDJPY remains in short term uptrend from 115.85. Further rise to test 120.82 would likely be seen, a break of this level will signal resumption of the longer term uptrend from 101.06 (Jul 10, 2014 low), then...
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...
