AUDUSD moved sideways in a trading range between 0.9321 and 0.9444. As long as 0.9321 key support holds, the price action in the range could be treated as consolidation of the uptrend from 0.9208, another rise to...
GBPUSD’s upward movement from 1.6692 extended to as high as 1.7114. Near term support is at 1.7050, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.7200...
EURUSD broke above 1.3676 key resistance, indicating that the downtrend from 1.3993 (May 8 high) had completed at 1.3502 already. Near term support is at 1.3650, as long as this level holds, the uptrend from 1.3512 could...
USDCAD continued its downward movement from 1.0960, and the fall extended to as low as 1.0659. Further decline could be expected after a minor consolidation, and next target would be at 1.0500 area. Resistance is at 1.0720,...
USDCHF broke below 0.8907 support, indicating that the uptrend from 0.8703 (May 8 low) had completed at 0.9036 already. Further decline could be expected over the next several days, and next target would be at 0.8800 area....
USDJPY’s downward movement from 102.79 extended to as low as 101.25. Further decline could be expected, and next target would be at 100.90 area. Resistance is at 101.85, only break above this level could signal completion of...
AUDUSD is testing 0.9444 resistance, a break above this level will indicate that the uptrend from 0.9208 has resumed, then next target would be at 0.9500 area. Support levels are at 0.9350 and 0.9321, only break below...
GBPUSD is testing 1.7062 resistance, a break of this level will indicate that the uptrend from 1.6692 has resumed, then next target would be at 1.7200 area. Support levels are at 1.6970 and 1.6921, only break below...
EURUSD is facing 1.3651 resistance, a break above this level will signal resumption of the short term uptrend from 1.3512, then further rise to test 1.3676 key resistance could be seen. Support is at 1.3564, only break...
USDCAD’s downward movement from 1.0960 extended to as low as 1.0679. Resistance is now at 1.0735, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.0600 area....
