After consolidation, AUDUSD broke below 0.8756 support and continued its downward movement from 0.9085. Further decline could be expected, and next target would be at 0.8650 area. Resistance is at 0.8887, only break above this level could...
GBPUSD broke above 1.6593 resistance, suggesting that the uptrend from 1.5854 (Nov 12, 2013 low) has resumed. Further rise could be expected, and next target would be at 1.6800 area. Support is now at 1.6550, as long...
EURUSD is facing 1.3699 resistance, a break above this level will indicate that the downtrend from 1.3892 is complete, then the following upward movements could bring price to 1.4500 area. On the other side, as long as...
USDCAD’s upward movement from 1.0588 extends to as high as 1.1111. Further rise could be expected after a minor consolidation, and next target would be at 1.1200 area. Initial support is at 1.1030, and the key support...
USDCHF stays within a upward price channel on 4-hour chart, and remains in uptrend from 0.8986. As long as the channel support holds, further rise could be expected after a minor consolidation, and next target would be...
USDJPY is facing 104.92 resistance, a break above this level will indicate that the uptrend from 96.57 (Oct 8, 2013 low) has resumed, then next target would be at 110.00 area. Key support is at 102.85, only...
AUDUSD’s rise from 0.8756 extended to as high as 0.8887. As long as 0.8920 resistance holds, the rise could be treated as consolidation of the downtrend from 0.9085, one more fall towards 0.8500 is still possible after...
GBPUSD is facing 1.6593 resistance, a break above this level will signal resumption of the uptrend from 1.5854 (Nov 12, 2013 low), then next target would be at 1.7000. Support is now at 1.6480, only break below...
No changed in our view, EURUSD remains in downtrend from 1.3699, the rise from 1.3507 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and the target would be at 1.3400 area. Resistance...
USDCAD stays within a upward price channel and remains in uptrend from 1.0588, and the rise extended to as high as 1.1018. As long as the channel support holds, the uptrend could be expected to continue, and...
