GBPUSD broke below 1.6832 support, indicating that the uptrend from 1.6465 (Mar 24 low) had completed at 1.6996 already. Further decline would likely be seen after a minor consolidation, and next target would be at 1.6700 area....
EURUSD’s downward movement from 1.3993 extended to as low as 1.3689. The downtrend could be expected to continue, and next target would be at 1.3600 area. Resistance is at 1.3755, only break above this level will indicate...
USDCAD is now in uptrend from 1.0813. Further rise would likely be seen and the target would be at the upper line of the price channel on 4-hour chart. Support is at 1.0813, only break below this...
USDCHF remains in uptrend from 0.8702. Further rise could be expected, and next target would be at 0.8950 area. Support is at 0.8835, only break below this level will indicate that consolidation of the uptrend is underway,...
USDJPY’s upward movement from 101.43 extended to as high as 102.25. Further rise is still possible, and next target would be at 102.70 area. Support is at 101.43, only break below this level could trigger another fall...
AUDUSD stays in a trading range between 0.9318 and 0.9394. As long as 0.9318 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.9202, another rise to 0.9500 area...
Being contained by the lower line of the price channel on 4-hour chart, GBPUSD rebounded from 1.6832, indicating that the pair remains in uptrend from 1.6465 (Mar 24 low), and the fall from 1.6996 could be treated...
EURUSD remains in downtrend from 1.3993. Deeper decline could be expected, and next target would be at 1.3650 area. Resistance is at 1.3795, only break above this level will indicate that consolidation of the downtrend is underway,...
USDCAD broke above 1.0910 resistance, indicating that the downtrend from 1.1053 had completed at 1.0813 already. The pair is now in uptrend from 1.0813, further rise could be expected, and the target would be at 1.1000 area....
USDCHF’s upward movement from 0.8702 extended to as high as 0.8877. Further rise is still possible, and next target would be at 0.8950 area. Support is at 0.8835, only break below this level will indicate that consolidation...
