After breaking below 1.0989 support, EURUSD rebounded strongly from 1.0981, suggesting that consolidation for the downtrend from 1.1097 is underway. Range trading between 1.0981 and 1.1040 would likely be seen in a couple of days. As long...
USDCAD stays above a rising trend line on the daily chart and remains in the uptrend from 1.3041. As long as the trend line support holds, the upside movement could be expected to continue and next target...
USDJPY extended its upside movement from 104.44 to as high as 109.67, breaking above 109.48 resistance. Further rise could be expected in the coming days and next target would be at 110.50 area. Key support is at...
AUDUSD moved sideways in a trading range between 0.6670 and 0.6929 for several months. As long as the price is below the falling trend line on the daily chart, the sideways movement could be treated as consolidation...
GBPUSD continued its sideways movement in a trading range between 1.2768 and 1.3012. The sideways move is likely consolidation for the uptrend from 1.1958. As long as 1.2768 support holds, the upside movement could be expected to...
EURUSD extended its downside movement from 1.1179 to as low as 1.0981. Further decline would likely be seen in the coming days and next target would be at 1.0879 support. Resistance is now at 1.1097, only break...
USDCAD continued its sideways movement in a trading range between 1.3254 and 1.3327. The sideways move is likely consolidation for the uptrend from 1.3041. As long as the price is above the bullish trend line on the...
USDJPY stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 108.27. As long as the channel support holds, the upside movement could be expected to continue and next target would...
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.6834. As long as the price is in the channel, the downside movement could be expected to continue and next...
GBPUSD’s short term uptrend from 1.2822 extended to as high as 1.2950. Further rise is still possible and next target would be at 1.3000 area. Near term support is at 1.2880, below this level could trigger another...
