AUDUSD broke below 0.9315 support, indicating that the uptrend from 0.9237 had completed at 0.9401 already. Further decline to test 0.9237 support would likely be seen, a breakdown below this level will signal resumption of the downtrend...
GBPUSD continued its downward movement from 1.6643, and the fall extended to as low as 1.6091. Further decline could be expected after a minor consolidation, and next target would be at 1.6000 area. Near term resistance is...
EURUSD continued its downward movement from 1.3411, and the fall extended to as low as 1.2881. Further decline could be expected, and next target would be at 1.2800 area. Near term resistance is at 1.2985, and the...
Reviewing the long-term price action of EURCAD indicates that the pair may be in the middle of a huge market correction, as the recent selloff is stalling at the 38.2% Fibonacci retracement level of the previous uptrend....
USDCAD stays in a trading range between 1.0810 and 1.0942. Resistance is at 1.0942, a break above this level will indicate that the uptrend from 1.0810 has resumed, then the following upward movement could bring price to...
USDCHF stays above the upward trend line on 4-hour chart, and remains in uptrend from 0.8997. Further rise could be expected after a minor consolidation, and next target would be at 0.9500 area. Near term support is...
USDJPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 101.50, as long as the trend line support holds, the fall from 105.70 could be treated as consolidation of the uptrend. Further...
AUDUSD’s upward movement from 0.9237 extended to as high as 0.9401. Further rise could be expected after a minor consolidation, and next target would be at 0.9450 area. Support is at 0.9315, only break below this level...
GBPUSD’s downward movement from 1.6643 extended to as low as 1.6168. Further decline could be expected after a minor consolidation, and next target would be at 1.6000 area. Near term resistance is at 1.6280, only break above...
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3411. Further decline could be expected after a minor consolidation, and next target would be at 1.2800 area. Near term resistance is...
