GBPUSD’s upward movement from 1.6465 extended to as high as 1.6754. Support is now at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to continue,...
EURUSD broke above the upper line of the price channel on 4-hour chart, suggesting that the downtrend from 1.3966 had completed at 1.3672 already. Further rally would likely be seen, and next target would be at 1.3900...
USDCAD remains in downtrend from 1.1278. Deeper decline to test 1.0910 (Feb 19 low) support would likely be seen. Key resistance is at 1.1077, only break above this level could indicate that the downtrend from 1.1278 is...
USDCHF remains in uptrend from 0.8699, the fall from 0.8952 is treated as consolidation of the uptrend. Support is at the upward trend line on 4-hour chart. As long as the trend line support holds, the uptrend...
USDJPY is facing the support of the lower line of the price channel on 4-hour chart. As long as the channel support holds, the fall from 104.12 could be treated as consolidation of the uptrend from 101.20,...
After touching 0.9303 resistance, AUDUSD pulled back from 0.9306, suggesting that lengthier sideways movement is underway. Initial support is at the lower line of the price channel on 4-hour chart, and the key support is at 0.9205,...
GBPUSD broke above 1.6620 resistance, suggesting that the downward movement from 1.6684 had completed. Further rise to test 1.6684 resistance could be expected, a break above this level will signal resumption of the longer term uptrend from...
EURUSD stays in the downward price channel on 4-hour chart, and remains in downtrend from 1.3966, the rise from 1.3672 is likely consolidation of the downtrend. Resistance is located at the upper line of the channel. As...
USDCAD’s downwards movement from 1.1278 extended to as low as 1.0957. Deeper decline to test 1.0910 (Feb 19 low) support is possible. Key resistance is at 1.1077, only break above this level could indicate that the downtrend...
USDCHF’s upward movement from 0.8699 extended to as high as 0.8952. Further rise is still possible after a minor consolidation, and next target would be at 0.9000 area. Key support is located at the upward trend line...
