EURUSD is facing 1.1301 support once again. A breakdown below this level could trigger further downside movement towards 1.1000. Near term resistance is at 1.1500, a break of this level could bring the price back towards 1.1600.
USDCAD broke above 1.3169 resistance, suggesting that the uptrend from 1.2782 has resumed. Further rise could be expected and next target would be at 1.3250 area. Key support is at 1.3048, only a breakdown below this level...
USDJPY extended its upside movement from 111.37 to as high as 114.08. As long as the price is above the rising trend line on the 4-hour chart, the uptrend could be expected to continue and next target...
AUDUSD extended its upside movement from 0.7020 to as high as 0.7302. Further rise is still possible and next target would be at 0.7340 area. Support is at 0.7220, a breakdown below this level would indicate that...
GBPUSD broke below the bottom of the price channel on its 4-hour chart, suggesting that the uptrend from 1.2695 had completed at 1.3174 already. Resistance is at 1.3100, only a break of this level could trigger another...
EURUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.1302 had completed at 1.1499 already. Further decline could be expected after a minor consolidation and next target would be...
USDCAD continued its sideways movement in a trading range between 1.3048 and 1.3169. The sideways move is likely consolidation for the uptrend from 1.2782. As long as 1.3048 support holds, the upside movement could be expected to...
USDJPY stays above a rising trend line on the 4-hour chart and remains in the uptrend from 111.37. As long as the trend line support holds, the price action from 113.81 could be treated as consolidation for...
AUDUSD broke above 0.7258 resistance and extended its upside movement from 0.7020 to as high as 0.7299. Further rise is still possible and next target would be at 0.7340 area. Near term support is at 0.7200, followed...
GBPUSD extended its upside movement from 1.2695 to as high as 1.3174. Support is at the bottom of the price channel on the 4-hour chart. As long as the channel support holds, the upside movement could be...
