After touching 0.8898 resistance, AUDUSD pulled back into the trading range between 0.8642 and 0.8898, indicating that the pair remains in downtrend from 0.9401 (Sept 5 high), and the sideways movement in the range could be treated...
GBPUSD failed to break above 1.6226 resistance, indicating that the pair remains in downtrend from 1.6524, and the sideways movement from 1.5951 could be treated as consolidation of the downtrend. Further decline to test 1.5874 support would...
EURUSD is facing 1.2613 support, a breakdown below this level will signal resumption of the downtrend from 1.2867, then further decline to test 1.2500 support could be seen. Resistance is at 1.2770, only break above this level...
The downtrend on EURJPY seems to be over, as price formed a double bottom pattern on its 1-hour time frame and broke past the neckline resistance around 137.00. The pair is climbing past the 138.00 handle and...
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USDCAD’s downward movement from 1.1385 extended to as low as 1.1163. However, the fall would possibly be consolidation of the uptrend from 1.0810 (Aug 29 low), another rise to 1.1500 is still possible after consolidation. Resistance is...
USDCHF remains in uptrend from 0.9370, the fall from 0.9557 is likely consolidation of the uptrend. Another rise to test 0.9687 resistance is still possible after consolidation. Support levels are at 0.9420 and 0.9370, only break below...
USDJPY remains in uptrend from 105.32, the fall from 108.34 is likely consolidation of the uptrend. Key support is now at 107.60, as long as this level holds, the uptrend could be expected to continue, and next...
AUDUSD is facing 0.8898 resistance, a break of this level will indicate that the downtrend from 0.9401 (Sept 5 high) had completed at 0.8642 already, then further rise to 0.9000 area could be seen. On the downside,...
GBPUSD is facing 1.6226 resistance again, a break of this level will indicate that the downtrend from 1.6524 had completed at 1.5874 already, then further rise to 1.6400 area could be seen. On the downside, as long...
