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...
USDJPY remains in uptrend from 101.20, the fall from 104.12 is likely consolidation of the uptrend. Support is located at the lower line of the price channel on 4-hour chart. As long as the channel support holds,...
AUDUSD broke above 0.9303 resistance, suggesting that the uptrend from 0.8924 has resumed. Further rise could be expected, and next target would be at 0.9400 area. Support is at 0.9205, only break below this level could signal...
GBPUSD’s fall from 1.6684 extended to as low as 1.6553. Deeper decline is still possible, and next target would be at 1.6510 area. However, the fall is likely correction of the uptrend from 1.6465, as long as...
EURUSD broke below 1.3705 support, and continued its downward movement from 1.3966, and the fall extended to as low as 1.3672. Resistance is now at the upper line of the price channel on 4-hour chart. As long...
USDCAD moved sideways in a narrow range between 1.1000 and 1.1077. Resistance is at 1.1077, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from 1.1278,...
USDCHF stays in a upward price channel on 4-hour chart, and remains in uptrend from 0.8699. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 0.8950...
