Under pressure by 1.3535 resistance, USDCAD pulled back from 1.3525. Support is now located at the bottom of the ascending price channel on 4-hour chart. As long as the pair is in the channel, the upward movement...
USDJPY broke above the top of the descending price channel on 4-hour chart, indicating that the downward movement from 112.19 had completed at 108.13 already. However, the bounce from 108.13 would possibly be consolidation of the longer...
AUDUSD broke above 0.7550 resistance, indicating that the downward movement from 0.7610 had completed at 0.7491 already. The pair is now in uptrend from 0.7491. Further rise could be expected and next target would be at 0.7650...
GBPUSD remains in uptrend from 1.2365, the fall from 1.2904 is likely consolidation of the uptrend. Support is at 1.2700, as long as this pair is above this level, the uptrend could be expected to continue, and...
EURUSD continued its upward movement and the rise extended to as high as 1.0918. Further rise could be expected after consolidation and next target would be at 1.1000 area. Support is at 1.0800, as long as this...
USDCAD is facing 1.3534 resistance. A break of this level will signal resumption of the uptrend from 1.2968, then next target would be at 1.3800 area. Support is at 1.3223, only break below this level could signal...
USDJPY’s downward movement from 118.66 extended to as low as 108.13. Further decline could be expected after consolidation and next target would be at 106.00 area. Near term resistance is at 110.00, as long as this level...
AUDUSD remains in uptrend from 0.7158, the price action from 0.7740 is likely consolidation of the uptrend. Another rise towards 0.7800 could be expected after the consolidation. Support is now at 0.7472, only break below this level...
GBPUSD broke out the upper line of the triangle pattern, indicating that lengthier consolidation for the long term downtrend from 1.7190 (Jul 15, 2014 high) is underway. Further rise could be expected over the next several weeks,...
EURUSD is testing the resistance of the descending price channel on daily chart. As long as the pair is in the channel, the price action from 1.0340 could be treated as consolidation of the downtrend from 1.1616...
