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,...
After months of consolidating inside a symmetrical triangle pattern on its 4-hour time frame, EUR/JPY finally picked a direction when the ECB hinted that it could ease in June. The pair fell below the triangle support and...
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...
USDJPY broke above 102.00 resistance, indicating that the downward movement from 103.02 had completed at 101.43 already. Further rise could be expected, and next target would be at 102.40 area. Support is now at 101.43, only break...
AUDUSD remains in uptrend from 0.9202, the fall from 0.9394 is likely consolidation of the uptrend. Near term support is at 0.9315, as long as this level holds, the uptrend could be expected to resume, and next...
GBPUSD is facing the support of the lower line of the price channel on 4-hour chart. A clear break below the channel support will confirm that the uptrend from 1.6465 (Mar 24 low) had completed at 1.6996...
