AUD/USD initially fell during the session on Monday, testing the 0.8950 handle. However, we managed to bounce significantly after that, and challenge the 0.9050 level. We’ve not broken out to the upside though, so we feel that...
USDCAD failed to break above 1.1224 resistance, and pulled back from 1.1192, suggesting that sideways movement in a range between 1.0910 and 1.1224 is underway. However, another rise to re-test 1.1224 resistance is still possible, a break...
USDCHF remains in downtrend from 0.9081, and the fall extended to as low as 0.8852. Resistance is at the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the downtrend...
USDJPY remains in uptrend from 100.75. As long as 101.35 support holds, the uptrend could be expected to continue, and next target would be at 104.00 area. Only break below 101.35 support could signal completion of the...
AUDUSD continues its sideways movement in a range between 0.8906 and 0.9080. As long as 0.8906 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8660, another rise towards...
GBPUSD remains in uptrend from 1.6252, the fall from 1.6822 is likely consolidation of the uptrend. Support is at 1.6530, as long as this level holds, the uptrend could be expected to resume, and another rise towards...
EURUSD moved sideways in a narrow range between 1.3686 and 1.3773. As long as the channel support holds, the price action in the range could be treated as consolidation of the uptrend from 1.3477, another rise to...
Being contained by 1.1224 resistance, USDCAD pulled back from 1.1192. Another rise to re-test 1.1224 resistance would likely be seen, a break above this level will signal resumption of the uptrend from 1.0182 (Sept 19, 2013 low),...
USDCHF stays in a downward price channel on 4-hour chart, and remains in downtrend from 0.9081, the rise from 0.8856 could be treated as consolidation of the downtrend. As long as the channel resistance holds, the downtrend...
USDJPY’s upward movement from 100.75 extended to as high as 102.82. Further rise could be expected in a couple of days, and next target would be at 104.00 area. Key support is at 101.35, only break below...
