The AUD/USD pair initially fell during the session on Monday, but found enough support at the 0.9050 level to turn things back around and send the market higher. Ultimately, this formed a hammer that should send this...
No changed in our view, USDCAD remains in uptrend from 1.1025, the fall from 1.1278 is likely consolidation of the uptrend. As long as 1.1150 support holds, the uptrend could be expected to resume, and next target...
USDCHF’s fall from 0.8869 extended to as low as 0.8787, suggesting that the uptrend from 0.8699 is complete. Deeper decline would likely be seen, and next target would be at 0.8720 area. Resistance is at 0.8869, only...
USDJPY moved sideways in a narrow range between 102.01 and 102.68. Resistance is at 102.68, a break above this level will trigger another rise to test 103.76 resistance. Support is at 102.01, a breakdown below this level...
AUDUSD broke above 0.9137 resistance, indicating that the uptrend from 0.8660 (Jan 24 low) has resumed. The uptrend could be expected to continue over the next several days, and next target would be at 0.9250 area. Support...
GBPUSD remains in downtrend from 1.6785, the rise from 1.6465 is likely consolidation of the downtrend. Resistance is located at the upper line of the price channel on 4-hour chart. As long as the channel resistance holds,...
EURUSD broke above 1.3845 resistance, indicating that the downtrend from 1.3966 had completed at 1.3749 already. Further rise to test 1.3966 resistance could be expected, a break above this level will signal resumption of the uptrend from...
EUR/USD recently broke below a key support zone around the bottom of the rising channel on the 1-hour time frame and the 1.3800 major psychological level. This could be indicative of more losses for the pair, but...
USDCAD remains in uptrend from 1.1025, the fall from 1.1278 is likely consolidation of the uptrend. Further rise could be expected after consolidation, and next target would be at 1.1400 area. Support is at 1.1150, as long...
USDCHF remains in uptrend from 0.8699, the fall from 0.8869 could be treated as consolidation of the uptrend. Further rise could be expected after consolidation, and next target would be at 0.8950 area. Support is at 0.8770,...
