USDJPY is facing 107.49 support, a breakdown below this level would indicate that the upside movement from 104.44 had completed at 108.47 already, then the following downside movement could bring the price back to 106.00 area. On...
AUDUSD extended its downside movement from 0.6894 to as low as 0.6759. 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...
GBPUSD stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 1.1958. As long as the channel support holds, the pullback from 1.2581 could be treated as consolidation for the uptrend,...
EURUSD is facing 1.0990 support, a breakdown below this level could trigger another fall to test 1.0925 support. However, as long as 1.0990 support holds, the price action from 1.1109 could be treated as consolidation for the...
No changed in our view, USDCAD remains in the downtrend from 1.3382, the bounce from 1.3133 is likely correction for the downtrend. Another fall would likely be seen after the correction and a breakdown below 1.3200 support...
After touching the resistance of the falling trend line on the daily chart, USDJPY pulled back from 108.47, suggesting that the upside movement from 104.44 had completed at 108.47 already. Another fall could be expected over the...
AUDUSD stays below a falling trend line on the daily chart and remains in the downtrend from 0.7295. As long as the trend line resistance holds, the bounce from 0.6677 could be treated as consolidation for the...
GBPUSD extended its upside movement from 1.1958 to as high as 1.2581. Further rally is still possible next week and next target would be at 1.2750 area. Near term support is at 1.2390, below this level would...
EURUSD failed to break above the resistance of the falling price channel on the daily chart, suggesting that the pair remains in the downtrend from 1.1412. As long as the channel resistance holds, the downside movement could...
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