USDCAD moved sideways in a trading range between 1.2728 and 1.2924. The sideways move is likely consolidation for the downtrend from 1.2997. Another fall could be expected after the consolidation and a breakdown below 1.2728 support could...
USDJPY extended its upside movement from 104.63 to as high as 111.08. Further rise is still possible in a couple of days and next target would be at 111.50 area. Near term support is at the bottom...
AUDUSD failed to break above 0.7566 resistance and stayed in a trading range between 0.7412 and 0.7566. As long as 0.7566 resistance holds, the price action in the range could be treated as consolidation for the downtrend...
GBPUSD is facing 1.3451 support. A breakdown of this level would suggest that the downside movement from 1.4376 has resumed, then next target would be at 1.3350 area. Key resistance is at 1.3617, only a breakout of...
EURUSD remains in the downtrend from 1.1996. Further decline could be expected after a minor consolidation and next target would be at 1.1700 area. Resistance is at 1.1840, a breakout of this level would suggest that the...
USDCAD is facing 1.2728 support, a breakdown below this level would suggest that the downside movement from 1.2997 has resumed, then further decline towards 1.2500 could be seen. Resistance levels are at 1.2925 and 1.2997, only break...
USDJPY stays in a rising price channel on its 4-hour chart and remains in the uptrend from 104.63. As long as the channel support holds, the upside movement could be expected to continue and next target would...
AUDUSD is facing 0.7566 resistance. A breakout of this level could trigger another bullish movement towards 0.7650. Support levels are at 0.7445 and 0.7412, below these levels would aim 0.7300 area.
GBPUSD continued its sideways movement in a trading range between 1.3451 and 1.3617. The sideways movement is likely consolidation for the downtrend from 1.4376 and a breakdown below 1.3451 support could trigger another fall towards 1.3350. On...
EURUSD extended its downside movement from 1.1996 to as low as 1.1763. Further decline is still possible after a minor consolidation and next target would be at 1.1700 area. Near term resistance is at 1.1880, only a...
