EURUSD extended its downside movement from 1.1879 to as low as 1.1725, breaking below 1.1730 support. Deeper decline to test 1.1662 (Aug 17 low) support is still possible, and a breakdown below this level could trigger further...
Bitcoin continue it’s outstanding performance as it managed to breach the $6000 barrier this weekend, it currently up 200% from 07/16 low and with a total of 500% for this year. The rally from $1830 low is represented by 3 swings...
USDCHF extended its upside movement from 0.9420 to as high as 0.9863, breaking above a major bearish trend line on the daily chart, confirming that the downtrend from 1.0343 had completed at 0.9420 already. On the upside...
After a sideways consolidation, USDCAD broke out of 1.2598 resistance and continued its upside movement from 1.2061, and the rise extended to as high as 1.2640. The key support remains at 1.2433, as long as this level...
USDJPY broke above 113.43 resistance and reached as high as 114.09. Further rise could be expected and next target would be at 114.50 area. Near term support is at 113.20, followed by the rising trend line on...
AUDUSD broke below the rising trend line on the 4-hour chart, indicating that the short term uptrend from 0.7732 had completed at 0.7897 already. Further decline could be expected in the coming days and next target would...
GBPUSD extended its downside movement from 1.3337 to as low as 1.3087, breaking below a support level at 1.3121. Further decline towards the major support trend line on the daily chart is possible in the coming days....
EURUSD moved sideways in a trading range between 1.1730 and 1.1879. As long as 1.1730 support holds, the side movement could be treated as consolidation of the uptrend from 1.1669 and one more rise towards 1.2029 resistance...
Yen bears came out in full force after the elections in Japan over the weekend, causing USD/JPY to break past the descending triangle resistance. This chart pattern is approximately a thousand pips tall so the resulting uptrend...
USDCAD’s bounce from 1.2061 extended to as high as 1.2630. Further rise to test 1.2778 resistance is possible next week. Above this level could indicate that the downtrend from 1.3793 had completed at 1.2061 already, then next...
