AUDUSD’s downward movement from 0.9756 (Oct 23 high) extended to as low as 0.8882. Further decline to test 0.8847 (Aug 5 low) support is still possible. Initial resistance is at 0.8970, and the key resistance is located...
GBPUSD’s downward movement from 1.6465 extended to as low as 1.6219. Resistance is at 1.6348, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.6150 area. On...
EURUSD continues its sideways movement in a narrow range between 1.3709 and 1.3810. Support is at the lower line of the price channel on 4-hour chart, as long as the channel support holds, the price action in...
USDCAD is facing 1.0561 support, a breakdown below this level will indicate that lengthier consolidation of the uptrend from 1.0182 (Sep 19 low) is underway, then deeper decline to 1.0500 area could be seen. On the upside,...
USDCHF’s downward movement from 0.9249 extended to as low as 0.8839, the subsequent bounce suggest that consolidation of the downtrend is underway. Resistance is located at the upper line of the price channel on 4-hour chart, as...
USDJPY remains in uptrend from 96.94 (Oct 25 low), the fall from 103.92 could be treated as consolidation of the uptrend. Support is located at the lower line of the price channel on 4-hour chart, as long...
AUDUSD stays in a downward price channel on 4-hour chart, and remains in downtrend from 0.9756 (Oct 23 high), and the fall extended to as low as 0.8909. Resistance is located as the upper line of the...
GBPUSD broke below 1.6293 support, indicating that the upward movement form 1.5854 had completed at 1.6465 already, deeper decline could be expected over the next several days, and the target would be at 1.6000 area. Resistance levels...
EURUSD remains in uptrend from 1.3296, then fall from 1.3810 could be treated as consolidation of the uptrend. Deeper decline could be expected, and the target would be at the lower line of the price channel on...
