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...
EURUSD is facing the resistance of the upper line of the price channel. As long as the channel resistance holds, the rise from 1.3477 could be treated as consolidation of the downtrend from 1.3892 (Dec 27, 2013...
USDCAD broke below 1.1031 support, indicating that the uptrend from 1.0588 had completed at 1.1224 already. Further decline would likely be seen in a couple of days, and the target would be at 1.0800 area. Resistance is...
USDCHF’s fall from 0.9081 extended to as low as 0.8960. Further decline would likely be seen in a couple of days, and next target would be at 0.8900 area. Resistance is at 0.9025, only break above this...
USDJPY broke above the upper line of the price channel on 4-hour chart, suggesting that consolidation of the downtrend from 105.44 is underway. Further rally would likely be seen and the target would be at 103.50 area....
AUDUSD’s upward movement from 0.8660 extended to as high as 0.8998. Further rise to test 0.9085 resistance is still possible, as long as this level holds, the price action from 0.8820 (Dec 18, 2013 low) could be...
GBPUSD broke above 1.6400 resistance, suggesting that the downward movement from 1.6668 had completed, and the pair is now in uptrend from 1.6252. Further rally could be expected, and next target would be at 1.6550 area. Support...
EURUSD’s rise from 1.3477 extended to as high as 1.3642. The uptrend could be expected to continue, and the target would be at the upper line of the price channel on 4-hour chart. However, the rise would...
