USDCAD Analysis. USDCAD bounced strongly from 1.0561, suggesting that the fall from 1.0707 had completed. Further rise to test 1.0707 resistance would likely be seen, a break above this level will signal resumption of the uptrend from...
USDJPY Analysis. USDJPY remains in uptrend from 96.94 (Oct 25 low), the price action in the trading range between 101.63 and 103.39 could be treated as consolidation of the uptrend. Initial support is at 101.63, as long...
AUDUSD Analysis. AUDUSD is facing the resistance of the upper line of the price channel on 4-hour chart. As long as the channel resistance holds, the rise from 0.8990 could be treated as consolidation of the downtrend...
AUDUSD Analysis. AUDUSD remains in downtrend from 0.9756 (Oct 23 high), the rise from 0.8990 could be treated as consolidation of the downtrend. Further rally would likely be seen, and the target would be at the upper...
USDCAD Analysis. USDCAD remains in uptrend from 1.0414, the fall from 1.0707 is likely consolidation of the uptrend. Key support is at 1.0622, as long as this level holds, the uptrend could be expected to resume, and...
AUDUSD Analysis. AUDUSD remains in downtrend from 0.9446, the rise from 0.8998 could be treated as consolidation of the downtrend. Resistance is located at the upper line of the price channel on 4-hour chart, as long as...
USDJPY Analysis. Being contained by the resistance of 103.73 (May 22 high), USDJPY pulls back from 103.37 and breaks below the lower line of the price channel on 4-hour chart, suggesting that consolidation of the uptrend from...
USDCAD Analysis. USDCAD’s upward movement from 1.0414 extends to as high as 1.0672, the subsequent fall suggest that consolidation of the uptrend is underway. Support is located at the lower line of the rising price channel on...
USDCHF Analysis. USDCHF is facing the resistance of the downward trend line on 4-hour chart. A clear break above the trend line resistance will indicate that the downtrend from 0.9249 had completed at 0.9028 already, then the...
GBPUSD Analysis. GBPUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.5854, and the rise extends to as high as 1.6442. As long as the trend line support holds, the uptrend...
