AUDUSD broke above 0.7302 resistance and extended its upside movement from 0.7164 to as high as 0.7337. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be...
GBPUSD failed to break below 1.2695 support and rebounded from 1.2723. However another fall to test 1.2695 is still possible and a breakdown could trigger further downside movement towards 1.2550 area. Resistance is at 1.2950, only a...
EURUSD continued its upside movement from 1.1215 and the rise extended to as high as 1.1421. Further rise is still possible and next target would be at 1.1500 area. Near term support is at the rising trend...
USDCAD stays above a rising trend line on the daily chart and remains in the uptrend from 1.2782. As long as the trend line support holds, the uptrend could be expected to continue and next target would...
USDJPY failed to break above 114.54 resistance and pulled back to 112.60 area, suggesting that lengthier consolidation for the uptrend from 104.63 is needed. However, as long as the price is in the price channel on the...
AUDUSD’s bounce from 0.7020 extended to as high as 0.7337. Further rally is still possible in a couple of weeks and next target would be at 0.7500 area. Support is at 0.7160, only a breakdown below this...
GBPUSD is facing 1.2695 support, a breakdown below this level could indicate that the downside movement from 1.4376 has resumed, then further decline towards 1.2300 area could be seen. Near term resistance is at 1.2900, a break...
EURUSD broke below 1.1301 support and extended its downside movement from 1.1815 to as low as 1.1215. As long as the price is below the bearish trend line on the daily chart, the downside movement could be...
USDCAD is facing the support of the price channel on the 4-hour chart. As long as the channel support holds, the pullback from 1.3263 could be treated as consolidation for the uptrend and another rise towards 1.3300...
USDJPY’s downside movement from 114.20 extended to as low as 113.09. Further decline could be expected after a minor consolidation and next target would be at 112.00 area. Resistance is at 113.70, only a breakout of this...
