GBPUSD broke below 1.2652 support and extended its downside movement from 1.2762 to as low as 1.2580. Further decline to test 1.2558 support could be expected, a breakdown below this level could take the price to 1.2500...
EURUSD extended its downside movement from 1.1347 to as low as 1.1202. Further decline could be expected after a minor consolidation and next target would be at 1.1100 area. Near term resistance is at 1.1230, a break...
USDCAD remains in the downtrend from 1.3564, the bounce from 1.3240 is likely corrective consolidation for the downtrend. Another fall could be expected after the consolidation and a breakdown below 1.3240 support could take the price to...
USDJPY remains in the downtrend from 112.40, the bounce from 107.81 could be treated as consolidation for the downtrend. As long as the price is below the falling trend line on the daily chart, the downside movement...
AUDUSD broke below 0.6864 support and extended its downside movement from 0.7205 to as low as 0.6861. Further decline could be expected in a couple of weeks and next target would be at 0.7650 area. Key resistance...
GBPUSD is facing 1.2558 support, a breakdown below this level could signal resumption of the downtrend from 1.3381, then next target would be at 1.2400 area. Near term resistance is at 1.2762, a breakout of this level...
After touching the bearish trend line on the daily chart, EURUSD pulled back from 1.1347, indicating that the pair remains in the downtrend from 1.1570. Further decline could be expected in a couple of weeks and next...
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3240. As long as the channel support holds, the uptrend could be expected to continue and next target would be...
USDJPY moved sideways in a trading range between 107.81 and 108.80. The sideways movement is likely consolidation for the downtrend from 112.40 (Apr 24 high). Further decline could be expected after the consolidation and next target would...
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...
