AUDUSD broke above 0.9316 key resistance, indicating that the downtrend from 0.9461 had completed at 0.9202 already. The pair is now in uptrend, further rise could be expected, and next target would be at 0.9500 area. Support...
GBPUSD’s upward movement from 1.6465 (Mar 24 low) extended to as high as 1.6996. Key support is now located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend...
EURUSD broke above 1.3905 resistance, indicating that the uptrend from 1.3672 has resumed. Further rise could be expected, and next target would be at 1.4000 area. Support is at 1.3870, only break below this level could signal...
USDCAD remains in downtrend from 1.1053, the price action in the trading range between 1.0935 and 1.1004 is likely consolidation of the downtrend. Further decline could be expected after consolidation, and next target would be at 1.0850...
USDCHF is facing 0.8743 support, a breakdown below this level will signal resumption of the downtrend from 0.8952, then the following downward movement could bring price to 0.8300 area. However, as long as 0.8743 support holds, the...
USDJPY is now in downtrend from 103.02. Further decline would likely be seen after a minor consolidation, and next target would be at 101.45 area. Resistance is at 102.45, only break above this level could trigger another...
AUDUSD broke above the upper line of the price channel on 4-hour chart. Further rise to test 0.9316 key resistance is possible, a break above this level will signal completion of the downtrend from 0.9461, then the...
GBPUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 1.6465 (Mar 24 low), and the fall from 1.6918 is likely consolidation of the uptrend. As long as the channel support holds,...
EURUSD is facing 1.3905 resistance, a break above this level will indicate that the uptrend from 1.3672 has resumed, then next target would be at 1.4000 area. Support levels are at 1.3810 and 1.3775, only break below...
USDCAD remains in downtrend from 1.1053, and the fall extended to as low as 1.0935. Resistance is now at 1.1004, as long as this level holds, the downtrend could be expected to continue, and next target would...
