EURUSD stays in a trading range between 1.3586 and 1.3668. As long as 1.3668 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.3993, and further decline to 1.3500...
Being contained by 1.0813 support, USDCAD rebounded from 1.0822. However, the bounce is likely consolidation of the downtrend from 1.0941, another fall to test 1.0813 support would likely be seen after consolidation, a breakdown below this level...
After touching 0.8937 support, USDCHF rebounded from 0.8932, indicating that the pair remains in uptrend from 0.8702, and the fall from 0.8989 could be treated as consolidation of the uptrend. Another rise could be expected after consolidation,...
USDJPY is facing 102.13 resistance, a break above this level will signal resumption of the uptrend from 100.83, then next target would be at 103.00 area. However, as long as 102.13 resistance holds, range trading between 101.25...
AUDUSD’s bounce from 0.9208 extended to as high as 0.9329, the subsequent fall indicate that the bounce had completed, another fall to test 0.9202 support would likely be seen, a breakdown below this level will signal resumption...
GBPUSD remains in downtrend from 1.6920, the rise from 1.6692 could be treated as consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.6600 area. Resistance is at 1.6800,...
EURUSD remains in downtrend from 1.3993, the rise from 1.3586 is likely consolidation of the downtrend. Resistance is at 1.3668, as long as this level holds, the downtrend could be expected to continue, and next target would...
USDCAD’s downward movement from 1.0941 extended to as low as 1.0825. Further decline is still possible, and next target would be at 1.0700 area. Resistance is now at 1.0885, only break above this level could trigger another...
USDCHF remains in uptrend from 0.8702, the fall from 0.8989 could be treated as consolidation of the uptrend. Support is at 0.8937, as long as this level holds, the uptrend could be expected to resume, and next...
USDJPY remains in uptrend from 100.83, the fall from 102.13 is likely consolidation of the uptrend. Range trading between 101.25 and 102.13 would likely be seen over the next several days, and another rise to 103.00 area...
