XAUUSD broke above the triangle patter on its 4-hour chart last Friday and continued its short term bullish movement from the May 9 low of 1214.17, and the price extended to as high as 1269.37. Near term...
USDCAD has pulled back from its rally to the 1.3785 area to test the Fibonacci retracement levels visible on its daily chart. This lines up with a former resistance level at the 1.3400 area that might now...
USDCAD remains in downtrend from 1.3793, the rise from 1.3387 is likely consolidation of the downtrend. Near term resistance is at the top trend line of the price channel on the 4-hour chart. As long as the...
No changed in our view, USDJPY remains in uptrend from 110.23, the fall from 112.13 is likely correction of the uptrend. Another rise would be expected after the correction and the next target would be at around...
AUDUSD is now in downtrend from 0.7517. Further decline could be expected in a couple of days and the next target would be at around 0.7350. Resistance is at the bottom trend line of the price channel...
GBPUSD broke below 1.2844 key support, indicating that the upside movement from 1.2365 had completed at 1.3047 already. Further decline could be expected after correction and next target would be at around 1.2650. Resistance is at the...
EURUSD is facing the 1.1161 support, a breakdown below this level will indicate that the bullish movement from 1.0839 had completed at 1.1267 already, this could trigger a correction pullback to 1.1050 area. On the upside, as...
USDCAD is facing the support of the bottom trend line of the price channel on the daily chart. A clear break out of the channel support will indicate that the upside movement from 1.2968 had completed at...
USDJPY remains in uptrend from 108.13, the fall from 114.36 is likely correction of the uptrend. Another rise to test 115.50 key resistance is possible in a couple of weeks, and a break of this level will...
AUDUSD broke above the resistance of the bearish trend line on its daily chart, indicating that the downside movement from 0.7749 had completed at 0.7328 already. Further rally is possible over the next several weeks and next...
