AUDUSD stayed in a trading range between 0.8906 and 0.9080 for several days. The price action in the range is likely consolidation of the uptrend from 0.8660. As long as 0.8906 support holds, the uptrend could be...
GBPUSD’s fall from 1.6822 extended to as low as 1.6613. However, the fall is likely consolidation of the uptrend from 1.6252, another rise towards 1.7000 could be expected after consolidation. Support is now at 1.6530, only break...
EURUSD remains in uptrend from 1.3477, the fall from 1.3773 could be treated as consolidation of the uptrend. Initial support is at the bottom of the price channel on 4-hour chart, and the key support is at...
USDCAD failed to break below the upward trend line on daily chart, and rebounded from 1.0910. However, as long as 1.1224 resistance holds, the consolidation of the uptrend from 1.0182 could be expected to continue, and one...
USDCHF’s fall from 0.9156 extended to as low as 0.8856. Deeper decline to test 0.8799 support would likely be seen next week, a breakdown below this level will signal resumption of the downtrend from 0.9751, then next...
USDJPY broke above the upper line of the price channel on daily chart, suggesting that the downward movement from 105.44 had completed at 100.75 already. Further rise could be expected next week, and next target would be...
AUDUSD is testing 0.9085 resistance. As long as this level holds, the rise from 0.8660 could be treated as consolidation of the downtrend from 0.9756, one more fall to 0.8500 area is still possible. However, a break...
GBPUSD stays in a upward price channel on daily chart, and remains in uptrend from 1.4813. As long as the channel support holds, the fall from 1.6822 could be treated as consolidation of the uptrend. Another rise...
EURUSD broke above 1.3740 resistance. Further rise to test 1.3892 resistance would likely be seen next week, a break above this level will signal resumption of the uptrend from 1.2747 (Apr 4, 2013 low), then next target...
The USD/JPY pair rose during the session on Friday, but gave back about half of the gains, in order to show a shooting star. The shooting star is preceded by two hammers though, so we look at...
