GBPUSD broke below 1.6051 support, indicating that the downtrend from 1.7190 (Jul 15 high) has resumed. Further decline could be expected after a minor consolidation, and next target would be at 1.5600 area. Resistance levels are at...
After consolidation, EURUSD continued its downward movement from 1.2994, and the fall extended to as low as 1.2500. Near term resistance is located at the downward trend line on 4-hour chart, as long as the trend line...
USDCAD is in consolidation of the uptrend from 1.0810. Range trading between 1.0980 and 1.1222 would likely be seen over the next several days. Resistance is at 1.1222, only break above this level could trigger another rise...
USDCHF’s fall from 0.9596 extended to as low as 0.9516, as long as 0.9485 support holds, the fall could be treated as consolidation of the uptrend from 0.9300, another rise to 0.9700 area is still possible. On...
USDJPY broke below 108.24 support, indicating that consolidation of the uptrend from 101.06 (Jul 10 low) is underway. Range trading between 107.00 and 110.08 would likely be seen over the next several days. Key support is at...
AUDUSD’s rise from 0.8663 extended to as high as 0.8826. Further rise would likely be seen and the target would be at 1.8900 area. Support levels are at 0.8720 and 0.8663, only break below these levels could...
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.6524, and the fall extended to as low as 1.6112. Deeper decline to test 1.6051 support would likely be seen, a breakdown...
EURUSD broke above the upper line of the price channel on 4-hour chart, indicating that the downtrend from 1.2994 had completed at 1.2570 already. Further rally would likely be seen in a couple of days, and next...
USDCAD broke below 1.1130 support, indicating that the uptrend from 1.0886 had completed at 1.1222 already. Deeper decline could be expected, and the target would be at 1.0980 area. Resistance is at 1.1145, only break above this...
USDCHF remains in uptrend from 0.9300, the fall from 0.9596 is likely consolidation of the uptrend. Support is at 0.9485, as long as this level holds, the uptrend could be expected to continue, and next target would...
