USDJPY failed to break below 101.20 support and rebounded to as high as 102.68. However, the rise is likely correction of the downtrend from 103.76, another fall to re-test 101.20 support is still possible, a breakdown below...
AUDUSD failed to break above the upper line of the price channel on 4-hour chart, and pulled back to 0.9001. Deeper decline would likely be seen, and the target would be at the lower line of the...
GBPUSD’s downward movement form 1.6785 extended to as low as 1.6508. Resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to continue,...
EURUSD is facing the support of the upward trend line on 4-hour chart, a clear break below the trend line support will signal completion of the uptrend from 1.3477, then the following downward movement could bring price...
USDCAD is facing 1.1153 resistance, a break above this level will indicate that the sideways consolidation started from 1.1224 (Jan 31 high) is complete, then the following upward movement could bring price to 1.1500 area. Support is...
USDCHF stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.9081, the rise from 0.8699 could be treated as consolidation of the downtrend. Further decline could be expected after consolidation, and next...
USDJPY is facing 101.20 support again, a breakdown below this level will signal resumption of the downtrend from 103.76, then the following downward movement could bring price to 98.00 zone. Resistance is at 101.95, only break above...
AUDUSD broke above 0.9133 resistance, suggesting that the uptrend from 0.8660 (Jan 24 low) has resumed. Further rise could be expected, and next target would be at 0.9250 area. Support is at 0.9060, only break below this...
GBPUSD continued its downward movement from 1.6822, and the fall extended to as low as 1.6545. Further decline could be expected after consolidation, and the target would be at 1.6450 area. Resistance is at 1.6670, followed by...
EURUSD moved sideways in a trading range between 1.3833 and 1.3966. As long as the trend line support holds, the price action in the range could be treated as consolidation of the uptrend from 1.3477. Further rise...
