EURUSD is facing the resistance of the downward trend line on 4-hour chart. A clear break above the trend line resistance will indicate that the downtrend from 1.1299 had completed at 1.0569 already, then further rally to...
EURAUD has formed a double bottom on its 1-hour time frame, signaling that price may be tired from its drop. The pair has yet to break past the neckline around 1.4550-1.4600 before confirming the potential climb. ...
USDCAD failed to break above 1.3588, indicating that the pair remains in downtrend from 1.3588. Deeper decline is possible, and the target would be at 1.3250 area. On the upside, a break of 1.3588 resistance will signal...
USDJPY stays above the upward trend line on 4-hour chart and remains in uptrend from 101.18. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
AUDUSD continued its downward movement from 0.7778, and the fall extended to as low as 0.7313. Further decline is still possible after a minor consolidation and next target would be at 0.7200 area. Resistance is at 0.7420,...
GBPUSD broke below 1.2350 support, indicating that the uptrend from 1.2082 had completed at 1.2673 already. Deeper decline could be expected, and next target would be at 1.2050 area. Near term resistance is at 1.2510, only break...
EURUSD’s downward movement from 1.1299 extended to as low as 1.0569. Resistance is at the downward trend line on 4-hour chart. As long as the trend line resistance holds, the downtrend could be expected to continue, and...
USDCAD’s upward movement from 1.2460 extended to as high as 1.3588. Support is now at 1.3264, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.3800 area....
USDJPY broke above 107.48 resistance, indicating that the downtrend from 125.85 (Jun 5, 2015 high) had completed at 98.97 already. Further rise is still possible after a minor consolidation, and next target would be at 115.00 area....
AUDUSD broke below 0.7441 support, indicating that the uptrend from 0.7144 had completed at 0.7778 already. Further decline could be expected over the next several weeks, and the target would be at 0.6900 area. Resistance is at...
