USDCAD remains in uptrend from 1.0886, and the rise extended to as high as 1.1126. Further rise could be expected after a minor consolidation, and next target would be at 1.1200 area. Support is at 1.1050, only...
USDCHF’s upward movement from 0.8997 extended to as high as 0.9514. Further rise could be expected after a minor consolidation, and next target would be at 0.9600 area. Support is located at the upward trend line on...
USDJPY continued its sideways movement in a range between 108.24 and 109.45. Support is at 108.24, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 101.50, another rise...
AUDUSD remains in downtrend from 0.9401, and the fall extended to as low as 0.8772. Resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could...
GBPUSD is now in downtrend from 1.6524, and the fall extended to as low as 1.6276. Further decline could be expected, and the target would be at 1.6100 area. Resistance is at 1.6420, only break above this...
EURUSD’s downward movement from 1.3411 extended to as low as 1.2696. Resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to continue,...
The USD/JPY pair rose during the course of the day on Wednesday, showing strength yet again. The hammer that informed on Tuesday hinted that we could see a little bit of buying pressure, and that’s exactly what...
The USD/CAD pair initially tried to break out during the session on Wednesday, but found the area above the 1.11 level to be far too resistive, and therefore we turned back around and formed a massive shooting...
The GBP/USD pair fell during the course of the day on Wednesday, but as you can see remains above the support of 1.63 level. With that being the case, the market looks as if the gap below...
The EUR/USD pair fell during the course of the day on Wednesday, breaking below the 1.28 level. However, the 1.28 level is in the isn’t the be-all end-all of support, it is just simply a major spot...
