EURUSD is facing the resistance of the falling trend line on the daily chart. As long as the trend line resistance holds, the downside movement from 1.1239 could be expected to continue and next target would be...
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USDCAD’s upside movement from 1.3035 extended to as high as 1.3226. Further rise is still possible and next target would be at 1.3250 area. Support is at 1.3153, a breakdown below this level could bring the price...
USDJPY extended its downside movement from 110.28 to as low as 108.58. As long as 109.26 resistance holds, the downside movement could be expected to continue and next target would be at 108.00 area. On the upside,...
AUDUSD’s downside movement from 0.6933 extended to as low as 0.6699. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue and next target...
GBPUSD formed a triangle pattern on the 4-hour chart. A break of the upper border of the pattern could take the price to next resistance level at 1.3280, followed by 1.3400. On the downside, a breakdown below...
EURUSD is facing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 1.0992 could be treated as consolidation for the downtrend from 1.1172, another...
USDCAD extended its upside movement from 1.3035 to as high as 1.3209. Further rise would likely be seen in a couple of days and next target would be at 1.3250 area. Support is now at 1.3153, a...
USDJPY moved sideways in a trading range between 108.73 and 109.26. The price action in the range is likely consolidation for the downtrend from 110.28, further decline to 108.00 area is possible after the consolidation. Resistance is...
AUDUSD extended its downside movement from 0.6933 to as low as 0.6731. Further decline could be expected and next target would be at 0.6700 area. Near term resistance is at 0.6777, a break of this level could...
