USDJPY broke above 102.13 resistance, indicating that the uptrend from 100.83 has resumed. Further rise could be expected and next target would be at 103.00 area. Support is now located at the upward trend line on 4-hour...
AUDUSD is facing 0.9202 support again, a breakdown below this level will signal resumption of the downtrend from 0.9461 (Apr 10 high), then the following downward movement could bring price to 0.8800 area. Resistance is at 0.9329,...
GBPUSD’s rise from 1.6692 extended to as high as 1.6777. However, the rise is likely consolidation of the the downtrend from 1.6920, another fall to 1.6600 area is still possible after consolidation. Resistance is at 1.6800, only...
EURUSD stays in a trading range between 1.3586 and 1.3668. As long as 1.3668 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.3993, and further decline to 1.3500...
Being contained by 1.0813 support, USDCAD rebounded from 1.0822. However, the bounce is likely consolidation of the downtrend from 1.0941, another fall to test 1.0813 support would likely be seen after consolidation, a breakdown below this level...
After touching 0.8937 support, USDCHF rebounded from 0.8932, indicating that the pair remains in uptrend from 0.8702, and the fall from 0.8989 could be treated as consolidation of the uptrend. Another rise could be expected after consolidation,...
USDJPY is facing 102.13 resistance, a break above this level will signal resumption of the uptrend from 100.83, then next target would be at 103.00 area. However, as long as 102.13 resistance holds, range trading between 101.25...
AUDUSD’s bounce from 0.9208 extended to as high as 0.9329, the subsequent fall indicate that the bounce had completed, another fall to test 0.9202 support would likely be seen, a breakdown below this level will signal resumption...
GBPUSD remains in downtrend from 1.6920, the rise from 1.6692 could be treated as consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.6600 area. Resistance is at 1.6800,...
EURUSD remains in downtrend from 1.3993, the rise from 1.3586 is likely consolidation of the downtrend. Resistance is at 1.3668, as long as this level holds, the downtrend could be expected to continue, and next target would...
