GBPUSD continued its sideways movement in a range between 1.5541 and 1.5825. As long as 1.5825 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.6182 (Oct 28 high), another fall towards...
EURUSD broke below 1.2247 support indicating that the downtrend from 1.2886 (Oct 15 high) has resumed. Further decline could be expected, and next target would be at 1.2000 area. Near term resistance is at 1.2350, only break...
USDCAD remains in uptrend from 1.1191, the fall from 1.1673 is likely consolidation of the uptrend. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
USDCHF broke above 0.9817 resistance, indicating that the uptrend from 0.8703 (May 8 low) has resumed. Further rise could be expected, and next target would be at 1.0000 area. Support is at 0.9750, only break below this...
USDJPY is now in short term uptrend from 115.56. Further rise to test 121.84 resistance could be expected, a break of this level will signal resumption of the uptrend from 105.32 (Oct 15 low), then the following...
AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.8795. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...
GBPUSD failed to break below 1.5541 support, and stayed in the trading range between 1.5541 and 1.5825. Sideways movement in the range could be expected to continue in a couple of days. Key resistance is at 1.5825,...
EURUSD is facing 1.2247 support, a breakdown below this level will signal resumption of the downtrend from 1.2867 (Oct 15 high), then next target would be at 1.2000 area. Near term resistance is at 1.2375, only break...
USDCAD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.1191, the fall from 1.1673 could be treated as consolidation of the uptrend. As long as the trend line support holds, the...
USDCHF broke above 0.9680 resistance, indicating that the downward movement from 0.9817 had completed at 0.9553 already. Further rise to test 0.9817 resistance would likely be seen, a break of this level will signal resumption of the...
