GBPUSD’s downside movement from 1.2762 extended to as low as 1.2505. Range trading between 1.2505 and 1.2605 would likely be seen in a couple of days. As long as 1.2605 resistance holds, the downtrend could be expected...
EURUSD extended its downside movement from 1.1347 to as low as 1.1181. Further decline is still possible after a minor consolidation and next target would be at 1.1100 area. Key resistance is at 1.1247, only break above...
USDCAD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 1.3240. As long as the trend line support holds, the uptrend could be expected to continue and next target would...
USDJPY is in consolidation for the downtrend from 112.40 (Apr 24 high). Range trading between 107.81 and 108.80 would likely be seen over the next several days. As long as 108.80 resistance holds, the downtrend could be...
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.7021. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
GBPUSD extended its downside movement from 1.2762 to as low as 1.2511. Further decline is still possible after a minor consolidation and next target would be at 1.2400 area. Near term resistance is at 1.2545, a break...
EURUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.1347. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...
USDCAD extended its upside movement from 1.3240 to as high as 1.3422. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next...
USDJPY continued its sideways movement in a trading range between 107.81 and 108.80. As long as 108.80 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 112.40 (Apr 24 high), further decline...
AUDUSD extended its downside movement from 0.7021 to as low as 0.6861, breaking below 0.6864 support. Further decline is still possible after a minor consolidation and next target would be at 0.6800 area. Near term resistance is...
