USDCAD remains in the downtrend from 1.3664, the bounce from 1.3068 is likely consolidation for the downtrend. As long as 1.3375 resistance holds, the downside movement could be expected to resume, and next target would be at...
USDJPY broke above 109.99 resistance, suggesting that the upside movement from 105.05 has resumed. Further rise could be expected in the coming days and next target would be at 112.00 area. Support is at 108.49, only a...
AUDUSD broke below 0.7075 key support, suggesting that the upside movement from 0.6765 had completed at 0.7295 already. Further decline could be expected and next target would be at 0.6900 area. Near term resistance is at 0.7180,...
GBPUSD broke below 1.2940 support, suggesting that the upside movement from 1.2396 had completed at 1.3217 already. Deeper decline could be expected in a couple of weeks, and next target would be at 1.2500 area. Resistance levels...
EURUSD continued its sideways movement in a trading range between 1.1215 and 1.1570. As long as 1.1570 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.2555 (Feb 16,...
USDCAD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.3374 had completed at 1.3068 already. Further rally is still possible and next target would be at 1.3280 area. Near...
USDJPY remains in the uptrend from 108.49, the pullback from 110.16 is likely consolidation for the uptrend. Another rise could be expected after the consolidation and next target would be at 111.50 area. Support is at 109.55,...
AUDUSD broke below 0.7193 support and extended its downside movement from 0.7295 to as low as 0.7100. Further decline could be expected in the coming days and next target would be at 0.7050 area. Near term resistance...
GBPUSD stays in a falling price channel on the 4-hour chart. As long as the price is in the channel, the downside movement could be expected to continue and next target would be at 1.2850 area. Near...
EURUSD extended its downside movement from 1.1514 to as low as 1.1360. Further decline is still possible after a minor consolidation and next target would be at 1.1300 area. Resistance is at 1.1400, only break above this...
