AUDUSD remains in uptrend from 0.8660. Further rise could be expected after a minor consolidation, and next target would be at 0.9040 area. Key resistance is at 0.9085, as long as this level holds, the price action...
GBPUSD remains in downtrend from 1.6668, the rise from 1.6252 is likely consolidation of the downtrend. Resistance is at 1.6400, as long as this level holds, the downtrend could be expected to resume, and another fall to...
EURUSD broke above 1.3570 resistance, indicating that the downward movement from 1.3739 had completed. Further rise would likely be seen, and next target would be at 1.3700 area. Support is at 1.3550, only break below this level...
USDCAD is facing 1.1031 support, a breakdown below this level will signal completion of the uptrend from 1.0588, then deeper decline to 1.0800 area could be seen. However, as long as 1.1031 support holds, the fall from...
USDCHF moved sideways in a narrow range between 0.9003 and 0.9081. As long as 0.9003 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8903, one more rise to...
USDJPY remains in downtrend from 104.92, the rise from 100.75 is likely consolidation of the downtrend. Resistance is located at the upper line of the price channel on 4-hour chart. As long as the channel resistance holds...
AUDUSD’s upward movement from 0.8660 extended to as high as 0.8979. Further rise to test 0.9085 resistance could be expected, a break above this level will signal completion of the longer term downtrend from 0.9756 (Oct 23,...
GBPUSD is in consolidation of the downtrend from 1.6668. Range trading between 1.6252 and 1.6400 would likely be seen in a couple of days. Resistance is at 1.6400, as long as this level holds, the downtrend could...
EURUSD’s rise from 1.3477 extended to as high as 1.3555. However, the rise is likely consolidation of the downtrend from 1.3739, another fall could be expected after consolidation, and next target would be at 1.3400 area. Resistance...
USDCAD moved sideways in a range between 1.1031 and 1.1224. As long as 1.1031 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.0588, one more rise towards 1.1500...
