USDCHF broke above the upper line of the price channel on 4-hour chart, suggesting that the downward movement from 0.9081 had completed at 0.8940 already. Further rise would likely be seen, and next target would be at...
USDJPY is testing the resistance of the upper line of the price channel on 4-hour chart. A clear break above the channel resistance will indicate that the downtrend from 105.44 had completed at 100.75 already, then the...
AUDUSD failed to break above 0.9085 resistance and pulled back from 0.9067. However, the fall would possibly be consolidation of the uptrend from 0.8660, one more rise to test 0.9085 resistance is still possible after consolidation. Support...
GBPUSD is facing 1.6668 resistance, a break above this level will indicate that the longer term uptrend from 1.4813 (Jul 9, 2013 low) has resumed, then further rise to 1.7000 area could be seen. Support is at...
EURUSD failed to break above the upper line of the price channel on 4-hour chart, and pulled back from 1.3682, suggesting that the upward movement from 1.3477 is complete. Further decline could be expected in a couple...
USDCAD remains in downtrend from 1.1224, the rise from 1.0967 could be treated as consolidation of the downtrend. Deeper decline would likely be seen, and next target would be at 1.0800 area. Resistance is at 1.1100, only...
USDCHF continued its downward movement from 0.9081, and the fall extended to as low as 0.8940. Resistance is at the upper line of the price channel on 4-hour chart. As long as the channel resistance holds, the...
USDJPY is facing the resistance of the upper line of the price channel. As long as the channel resistance holds, the rise from 100.75 could be treated as consolidation of the downtrend from 105.44, another fall towards...
AUDUSD is facing 0.9085 resistance, as long as this level holds, the price action from 0.8820 (Dec 18, 2013 low) could be treated as consolidation of the downtrend from 0.9756 (Oct 23, 2013 high), another fall towards...
GBPUSD’s upward movement from 1.6252 extended to as high as 1.6487. Further rise could be expected after a minor consolidation, and next target would be at 1.6600 area. Support is at 1.6340, only break below this level...
