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...
USDCAD moved sideways above 1.1031 support. A breakdown below this support level will indicate that the uptrend from 1.0588 had completed, then deeper decline to 1.0800 area could be seen. However, as long as 1.1031 support holds,...
USDCHF broke below 0.9003 support, suggesting that the uptrend from 0.8903 had completed at 0.9081 already. The pair is now in downtrend, further decline could be expected, and next target would be at 0.8900 area. Resistance levels...
USDJPY is facing the resistance of the upper line of the price channel on 4-hour chart. A clear break above the channel resistance will indicate that consolidation of the downtrend from 105.44 is underway, then the pair...
