GBPUSD is facing 1.5874 support, a breakdown below this level will signal resumption of the downtrend from 1.6524 (Sept 19 high), then next target would be at 1.5600 area. Key resistance is at 1.6226, only break above...
EURUSD’s downward movement from 1.2867 extended to as low as 1.2441. Further decline could be expected after a minor consolidation, and next target would be at 1.2200 area. Resistance is at 1.2570, only break above this level...
USDCAD broke above 1.1265 resistance, indicating that the downtrend from 1.1385 had completed at 1.1121 already. The pair is now in uptrend. Further rise to test 1.1385 resistance could be expected, a break above this level will...
USDCHF broke above 0.9687 resistance. Further rise could be expected after a minor consolidation, and next target would be at 0.9900 area. Support levels are at 0.9635 and 0.9600, as long as these levels hold, the uptrend...
USDJPY’s upward movement from 105.32 extended to as high as 112.98. Further rise could be expected after a minor consolidation, and next target would be at 115.00 area. Support levels are at 111.70 and 111.15, as long...
AUDUSD continued its sideways movement in a range between 0.8642 and 0.8910. As long as 0.8910 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 0.9401 (Sept 5 high), another fall to...
GBPUSD stays in the trading range between 1.5874 and 1.6226. The price action in the range is likely consolidation of the downtrend from 1.6524, another fall to 1.5600 area is still possible after consolidation, and a breakdown...
EURUSD broke below 1.2500 support, indicating that the downtrend from 1.3700 (Jul 1 high) has resumed. Further decline could be expected, and next target would be at 1.2200 area. Near term resistance is at 1.2570, only break...
USDCAD remains in downtrend from 1.1385, the rise from 1.1121 would possibly be consolidation of the downtrend. Further decline is possible, and next target would be at 1.1090 area. Resistance is at 1.1265, only break above this...
USDCHF’s upward movement from 0.9370 extended to as high as 0.9610. Further rise to test 0.9687 resistance could be expected. Support levels are at 0.9515, and 0.9440, only break below these levels could trigger another fall to...
