USDCAD’s downside movement from 1.3432 extended to as low as 1.3036. 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...
USDJPY’s downside movement from 108.53 extended to as low as 107.53. Further decline could be expected after a minor consolidation and next target would be at 107.00 area. Resistance is at 108.00, only break above this level...
AUDUSD broke above 0.7034 resistance, suggesting that the upside movement from 0.6831 has resumed. Further rise could be expected in the coming days and next target would be at 0.7080 area. Near term support is at 0.7010,...
GBPUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.2783. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
EURUSD stays in a trading range between 1.1268 and 1.1321. As long as 1.1321 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.1412, a breakdown below 1.1268 support...
USDCAD is now in uptrend from 1.3059, the pullback from 1.3144 is likely corrective consolidation for the uptrend. Further rally is still possible in the coming days and next target would be at 1.3230 area. Support is...
USDJPY broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 106.77 had completed at 108.53 already. Further decline could be expected after a minor consolidation and next target would be...
AUDUSD’s fall from 0.7034 had completed at 0.6955 already. Another rise towards 0.7100 could be expected over the next several days. Support is at 0.6955, only a breakdown below this level could trigger another fall towards 0.6900.
GBPUSD’s downside movement from 1.2783 extended to as low as 1.2583. Further decline is still possible after a minor consolidation and next target would be at 1.2500 area. Near term resistance is at 1.1620, a break of...
EURUSD remains in the downtrend from 1.1412, the bounce from 1.1275 is likely consolidation for the downtrend. Further decline could be expected after the consolidation and next target would be at 1.1240 area. Resistance is at 1.1321,...
