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). Further decline could...
EURUSD continued its sideways movement in a range between 1.2247 and 1.2599. As long as 1.2599 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.2867 (Oct 15 high), another fall to...
USDCAD’s upward movement from 1.1191 extended to as high as 1.1549. Near term support is at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to...
USDCHF remains in downtrend from 0.9817. Further decline is possible, and next target would be at 0.9550 area. Resistance levels are at 0.9725 and 0.9817, only break above these levels could trigger another rise towards 1.0000.
USDJPY failed to break below 117.23, indicating that the pair remains in uptrend from 105.32 (Oct 15 low), and the fall from 121.84 could be treated as consolidation of the uptrend. Sideways movement in a range between...
AUDUSD’s downward movement from 0.8795 extended to as low as 0.8214. Near term resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, further decline could be expected, and...
GBPUSD is forming a sideways consolidation in a range between 1.5541 and 1.5825. As long as 1.5825 resistance holds, the downtrend from 1.6182 (Oct 28 high) could be expected to resume, and next target would be at...
EURUSD moved sideways in a trading range between 1.2247 and 1.2599. The price action in the range could be treated as consolidation of the downtrend from 1.2867 (Oct 15 high), as long as 1.2599 resistance holds, the...
USDCAD remains in uptrend from 1.1191. Further rise would likely be seen, and next target would be at 1.1600 area. Support is at 1.1365, only break below this level will signal completion of the uptrend, then deeper...
USDCHF broke below 0.9646 support, indicating that the uptrend from 0.9531 had completed at 0.9817 already. Deeper decline would likely be seen, and the target would be at 0.9550 area. Resistance levels are at 0.9725 and 0.9817,...
