USDJPY break above 112.13 resistance, suggesting that the uptrend from 105.05 has resumed. Further rise could be expected in a couple of weeks and next target would be at 114.00 area. Support is located at the rising...
AUDUSD’s upside movement from 0.7003 extended to as high as 0.7205. As long as the price is above the rising trend line on the daily chart, the upside movement could be expected to continue and next target...
GBPUSD remains in the uptrend from 1.2396, as long as 1.2960 support holds, the pullback from 1.3381 could be treated as consolidation for the uptrend. Key resistance is at 1.3132, a break of this level could trigger...
EURUSD moved sideways in a trading range between 1.1176 and 1.1448 for several weeks. As long as 1.1448 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.2555 (Feb...
USDCAD is facing 1.3402 resistance again, a break of this level could trigger further upside movement towards 1.3450. Near term support is at 1.3350, a breakdown below this level could bring the price back towards 1.3300.
USDJPY remains in the uptrend from 110.84, the sideways movement in the trading range between 111.76 and 112.16 could be treated as consolidation for the uptrend. A break of 112.16 resistance would indicate that the uptrend has...
AUDUSD broke below the bottom support trend line on the rising price channel on the 4-hour chart. Deeper decline could be expected in the coming days and next target would be at 0.7050 area. Resistance is at...
GBPUSD is facing 1.2960 support once again. A breakdown below this level could trigger further downside movement towards 1.2800. Near term resistance is at 1.3030, a break of this level could take the price back to 1.3080...
EURUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.1183 had completed at 1.1323 already. Deeper decline could be expected after a minor consolidation and next target would be...
After touching 1.3283 support, USDCAD rebounded from 1.3274, suggesting that lengthier sideways movement is underway. Further rally would likely be seen in the a couple of days and the target would be at 1.3430 area.
