USDJPY remains in the uptrend from 106.91, the pullback from 109.38 is likely consolidation for the uptrend. As long as 108.10 support holds, the upside movement could be expected to resume and further rise towards 111.00 is...
AUDUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 0.5979. As long as the trendline support holds, the upside movement could be expected to continue and next target would...
GBPUSD broke above the top of the falling price channel on the 4-hour chart, suggesting that the upside movement from 1.1409 has resumed. Further rise would likely be seen and next target would be at 1.2800 area....
EURUSD broke above 1.0926 resistance and extended its upside movement from 1.0768 to as high as 1.0951. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be...
Short Term Elliott Wave View suggests AUDJPY rally from March 19 low shows incomplete sequence favoring more upside. The rally is currently unfolding as a double three structure. Up from March 19 low, wave (W) ended at 67.7...
USDCAD is testing 1.2920 support, a breakdown below this level could trigger further downside movement towards 1.3700. Near term resistance is at 1.4080, a break of this level could bring the price back towards 1.4348 resistance.
USDJPY is in consolidation for the uptrend from 106.91. Range trading between 108.10 and 109.38 would likely be seen in a couple of days. As long as 108.10 support holds, the upside movement could be expected to...
AUDUSD broke above 0.6213 resistance, suggesting that the uptrend from 0.5507 has resumed. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and...
GBPUSD is facing the resistance of the falling price channel on the 4-hour chart. A breakout of the channel resistance would indicate that the upside movement from 1.1409 has resumed, then further rise to 1.2800 area could...
EURUSD is now in the uptrend from 1.0768, the pullback from 1.0926 is likely corrective consolidation for the uptrend. Further rise is possible after the consolidation and next target would be at 1.0950 area. Near term support...
